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General Anti Avoidance Rules

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Kumbh: 2 crore take Maghi Purnima dip; kalpvasis to return

Amid heightened security measures, more than two crore devotees took a dip in the Sangam till 6 pm on Wednesday on the occasion of Maghi Purnima during the ongoing Maha Kumbh Mela in Prayagraj.......

It Won't Be An Easy Term For The BJP

Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in.The success of welfare schemes and electoral promises will need......

Income tax dept conducts survey at Hinduja group firm

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......

How The US Helps India Counter The China Threat

Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion'......

India Needs A National Security Strategy

The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global......

M&A deals: I-T urged to clarify on anti-avoidance rules

PwC wants to know what will happen when a company with substantial reserves is merged into a new concern and the resultant entity is converted into a limited liability partnership. As mergers and......

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by......

The five tax rules that spook corporate India

What the Budget could hold in store when it comes to tax rules like GAAR, MAT, PoEM, BEPS and ICDS. Budget 2017 is likely to clarify the government’s position on Minimum Alternative Tax......

India set to take final stand on GAAR

Finance Minister Arun Jaitley said on Friday he was preparing to take a final decision on the controversial rules on tax avoidance introduced by the previous government, which were deferred by two......

How FinMin plans to keep a check on tax avoidance by MNCs

Govt is studying suggestions on checking instances of double non-taxation and 'treaty shopping' The finance ministry is proceeding with moves to curb legal tax avoidance by multinational companies......

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