HSBC fears significant penalty in NRI tax evasion probe

The US has pledged to collaborate with India on developing global approach to combat increasing terror threats and asked international community to take effective steps to eliminate sanctuaries and infrastructure that support terrorism. After ...

International News: A probe launched by Reserve Bank of India following allegations of non-compliance with anti-money laundering measures and know your customer (KYC) norms by top private banks has reportedly found that cooperative banks are used as ...

Ahead of the Reserve Bank of India's (RBI) annual policy review, scheduled on Friday, the finance ministry today made a fresh pitch with the central bank to cut the key policy rate. Arvind Mayaram, secretary, department of economic affairs today ...

YEREVAN. Armenias Finance Minister said the government, on behalf of the State Revenue Committee, has filed a lawsuit against Armavia air company concerning air travel tax. Speaking in the parliament on Wednesday, Davit Sargsyan said other creditors ...

Press Release: Nair & Co. 12 minutes ago Recommend 0 Tweet 0 Share 0 World+Economy SUNNYVALE, Calif.--(BUSINESS WIRE)-- Nair & Co., the leader in international expansion services has released HR, transfer pricing, taxation and regulatory updates ...

Nagpur: The practice of multi-national companies parking their profits in tax havens to evade or avoid taxes is a challenge for the income-tax (IT) department and it should positively tackle these issues, President Pranab Mukherjee said here. "More ...

Various ministries are required to submit their inputs by tomorrow to the Department of Disinvestment (DoD) on the draft Cabinet note for up to 10 per cent stake sale in Coal India. "DoD has asked the ministries, including Coal, as well as Planning Commission ...

• Former under secretary of the Treasury says Fed drives down gold, silver prices to salvage dollar For Americans, financial and economic Armageddon might be close at hand. The evidence for this conclusion is the concerted effort by the Federal ...

2013-058 The following guest column by the Honourable Jim Flaherty, Minister of Finance, appeared in today's Globe and Mail. In it, Minister Flaherty outlines why Canada ended the General Preferential Tariff program for certain countries. A lot has ...