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GAAR panel for modification of norms

10 July 2012 1:29 AM GMT
Finance 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 GMT
Concerned 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 GMT
The 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 GMT
To 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 GMT
The 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 GMT
Bowing to pressure, finance minister Pranab Mukherjee on Monday announced a slew of measures to provide relief to the jewellery sector and postponed...
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