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Present govt will not recover black money: Jethmalani tells SC

 Noted jurist Ram Jethmalani on Tuesday accused in the Supreme Court the National Democratic Alliance government and the previous United Progressive Alliance dispensation of failure to bring back......

Do not want to topple Maldives govt: Nasheed

 Demanding a free and fair election in Maldives, the country's ousted President Mohamed Nasheed has said he does not want to topple the government of the day. "We do not want to topple a......

New black money law recreates inspector raj of yore

 A major criticism of the new law is that it can become an instrument of abuse as it confers the tax enforcement authorities with strong discretionary powers. As Congress MP from Thiruvananthapuram......

India offers $500 million credit to Mauritius

 Image: Prime Minister Narendra Modi meets the people outside the airport on his arrival, in Mauritius. Photograph, courtesy: PIB   India and Mauritius have agreed to push forward their......

Black money: Can India prosecute offenders?

 India will begin its first round of consultations with the Swiss government on tracing black money stashed by Indians in banks in that country in December, but there is no guarantee of prosecution......

India to sign more tax treaties

 India is expected to sign Double Taxation Avoidance Treaties with more countries as part of measures to ensure smoother international trade, a senior finance ministry official said on Wednesday.The......

Royalty income taxable despite DTAT

 The Authority for Advance Rulings (Income Tax) has ruled that the income receivable by M/s Flakt Woods AB, which is a company incorporated in Sweden and accordingly a tax resident of Sweden, in the......

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