Can't leave too many people out of tax net: Parthasarathi Shome

The government relies on Parthasarathi Shome, fiscal expert and advisor to Finance Minister P Chidambaram, to resolve any difficulty on the tax front. After it drew flak from industry for......

Govt may agree with Shome panel on retro tax

The government is likely to give telecom major Vodafone a breather in the Rs 11,000-crore (Rs 110-billion) retrospective taxation case involving the British firm by accepting the recommendations of......

Shome likely to finetune Kelkar recommendations

With Parthasarathi Shome set to become the adviser to the finance minister, one can expect some finetuning of Vijay Kelkar's recommendations on taxation.On broad areas of the taxation policy, the......

Govt took rational route on Vodafone dispute: Experts

The government's decision to opt for a non-binding attempt at conciliation and under Indian law in its tax dispute with telecom multinational Vodafone is understandable, note experts. Vodafone......