Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani. IMAGE: Union Finance......
The average time lag between the date of occurrence of a fraud and its detection is 23 months; for large frauds (Rs 100 crore and above), it was 57 months. Illustration: Dominic Xavier/Rediff.com......
The OECD deal is intended to ensure that multinational digital entities pay more taxes in countries where they have customers or users than from where they operate. India conceding ground to bring......
India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers. Illustration:......
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business. Illustration: Dominic Xavier/Rediff.com After rationalisation of the......