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About 88 results for "foreign tax credit"

Modi wants to create a new normal
Rediff.com

Modi wants to create a new normal

'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.Illustration: Uttam Ghosh/Rediff.com Any debate on real issues facing the economy is always welcome. So we welcome Yashwant Sinha's concerns on the state of the economy. Prime Minister Narendra D Modi has acknowledged that the first quarter GDP figures are a cause of concern. The economy has problems such as ... Rediff.com, 2 months ago
Rediff.com

Budget 2018 may say goodbye to dividend distribution tax

There has been discontent about this tax, because any corporate which pays dividend has to pay two taxes - the income tax on its profits and the DDT The finance ministry is likely to do away with the dividend distribution tax (DDT) in the upcoming Union Budget.   Sources in the know have said there have been considerable discussions on the topic among various stakeholders. At present, if a company gives dividend to its shareholders, it has to pay DDT of 20.36 per cent (15 per cent plus ...
 Rediff.com6 days ago Final Republican tax bill slashes U.S. corporate rate, voting next week  Sify1 month ago Republicans unveil final tax bill  Rediff.com1 month ago U.S. Republicans unveil tax cut bill, but the hard work awaits  Sify2 months ago
Sify

Market Review: Moody's upgrade cheers equities, but weekly gains muted

Riding on a sovereign ratings upgrade of the Indian government's bonds by US credit rating agency Moody's and bargain hunting by investors, the key Indian equity indices closed Friday's trade on a higher note. However, on a week-on-week comparison, the ...
 Sify2 months ago Piyush Goyal credits PM Modi's 'good governance' for Moody's rating  catchnews.com2 months ago Moody's ratings upgrade after 13 years extremely encouraging: Jaitley  Sify2 months ago Moody's breaks 13-year jinx, upgrades India to 'Baa2'  Rediff.com2 months ago
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Year that saw oil, gas production switch to revenue-sharing mode

New Delhi : While the strategic petroleum sector, including oil and gas, continues to remain outside the new GST indirect tax regime that replaced a 70-year-old system, the industry did manage in 2017 to switch over to a new exploration regime that gives ...
 Sify2 weeks ago

Goldman to take one-time $5 billion hit to profit from new tax law

(Reuters) - Goldman Sachs Group Inc said on Friday it expects fourth-quarter earnings to decrease by about $5 billion, as the bank looks to take advantage of a new tax law that makes it cheaper for U.S. companies to repatriate profits. Around two-thirds of ...
 Sify2 weeks ago
Sify

US Republican tax plans gain speed; Fitch warns on deficit

WASHINGTON: Republicans in the U.S. House of Representatives forged ahead on Tuesday with legislation to reshape the federal tax code, while a top credit-ratings agency said the bill would balloon the budget deficit and give only a temporary boost to the ...
 Sify2 months ago What is in U.S. House Republicans' tax bill?  Sify2 months ago Rosy White House tax cut forecast clashes with independent analysis  Sify2 months ago
Rediff.com

Prabhu's new trade policy mum on achieving exports target

Foreign Trade Policy: More incentives for exports, focus on ease of trading Commerce Minister Suresh Prabhu on Tuesday unveiled more incentives to boost labour-intensive and employment-oriented merchandise and services exports while releasing the much-awaited mid-term review of the Foreign Trade Policy 2015-20. The annual incentive increased by 33.8 per cent or Rs 8,450 crore.   This financial year (FY18), it will be an additional incentive of Rs 2,816 crore. This will benefit leather, ...
 Rediff.com1 month ago
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India seen posting stronger growth as businesses adjust to new tax

* GDP growth seen rising to 6.4 pct y/y in July-Sept * Businesses seen adjusting to troubles of new tax * Top firms post best profits in last six quarters * Govt to release GDP figures at 1200 GMT on Thursday By Manoj Kumar NEW DELHI, Nov 30 (Reuters) - ...
 Sify1 month ago Stronger GDP growth seen as businesses adjust to GST  Sify1 month ago

GLOBAL MARKETS-Asian shares gain, Mueller report hits dollar

* Futures hint at mostly higher openings for Europeanmarkets * Strong earnings, passage of House tax bill boost Wall St * Junk bonds recover, U.S. short-term yields at 9-year high * Bitcoin hits record high, reverses 30 pct fall in week * Dollar falls broadly ...
 Sify2 months ago

Panama Papers: Rs 792 cr undisclosed money detected by IT dept

Investigations in the Panama Papers leak cases have resulted in the Income Tax Department detecting undisclosed wealth of 792 crore so far even as the probe is on in "full swing", the CBDT said today. Over a year after Washington-based International ...
 Deccan Herald2 months ago
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