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Foreign companies' tax burden at record low in India

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Illustration: Dominic Xavier/Rediff.com Foreign private companies paid 24.36 per cent of......

No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of......

Benami properties: The guilty may face RI of up to 7 years

While the concerned property may be confiscated, a person indulging in such a transaction is liable to pay a fine up to 25 per cent of fair market value of the property For scores of chartered......

Dividends deluge to keep taxman at bay

To save promoters from 10% levy, 70 firms call board meetings on interim pay. In the three days since the Union Budget, at least 70 companies have called board meetings to declare interim dividends......

When taxman comes calling on your bonus

If fringe benefit tax makes a comeback in the forthcoming Budget, there could be some tightening of tax evasion When your company gives you performance-linked bonus in kind -- say a fully paid......

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Riaz Thingna

News for Riaz Thingna

Foreign companies' tax burden at record low in India

No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

Benami properties: The guilty may face RI of up to 7 years

Dividends deluge to keep taxman at bay

When taxman comes calling on your bonus

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