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GAAR panel for modification of norms
10 July 2012 1:29 AM GMTFinance ministry’s committee on controversial tax proposal General Anti Avoidance Rules [GAAR] on Monday decided to modify the draft guidelines by...
Put GAAR in cold storage: Dhoot
6 July 2012 12:37 AM GMTConcerned over sluggish growth and poor investment climate, Assocham president Rajkumar Dhoot on Thursday met Planning Commission deputy chairman...
Govt will resolve GAAR issue soon: Montek
2 July 2012 7:40 AM GMTThe finance ministry under Prime Minister Manmohan Singh will very quickly ‘resolve’ uncertainty among investors caused by anti-tax avoidance rules...
Independent member for GAAR panel
16 May 2012 5:59 AM GMTTo ensure objectivity and transparency, the government will have an independent member on the approving panel for the general anti-avoidance rules...
Finance ministry gearing up for direct tax bill
16 May 2012 5:49 AM GMTThe Direct Taxes Code (DTC) Bill, which seeks to overhaul the 50 year-old income tax laws, will be brought in Parliament in the monsoon session and...
FM proposes tax relief on jewellery, defers GAAR
7 May 2012 10:29 PM GMTBowing to pressure, finance minister Pranab Mukherjee on Monday announced a slew of measures to provide relief to the jewellery sector and postponed...