The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said. IMAGE: The......
The finance ministry has provided some helpful clarifications on the General Anti-Avoidance Rules (GAAR). Recently introduced as an anti-tax avoidance measure, GAAR seeks to examine the commercial......
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore. The finance ministry sent positive signals to foreign portfolio investors on Friday by......
The retrospective tax amendments for the Vodafone case and the General Anti Avoidance Rules, pushed by the Income-Tax Department in the Budget to tackle tax avoidance and perk revenue collections,......
They say the more things change, the more they remain the same.The story of General Anti-Avoidance Rules is somewhat similar.Almost a year after it was sprung upon the markets, new Finance Minister......
The Centre is not likely to accept the Shome panel recommendation to defer implementation of the proposed General Anti Avoidance Rules by three years, till April 2016.The finance ministry is not in......