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About 61 results for "foreign tax credit"

I-T dept detects Rs 19,000 cr black money

Govt detects Rs 19,447 cr in undisclosed foreign accounts: Jai...

The Income Tax department has detected Rs 19,447 crore of credit in undisclosed foreign accounts including HSBC, Finance Minister Arun Jaitley informed the Lok Sabha on Friday. He said information on 628 Indian persons holding bank accounts in HSBC bank in ... Deccan Herald, 2 months ago

8 images for foreign tax credit

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GST positive for India's credit profile, will boost tax compliance: Moody's

GST to bring down overall cost of compliance; make India more attractive for foreign investors
 Business Standard2 months ago Small, medium firms will be more competitive with GST: Assocham  Sify2 months ago GST will boost revenue, positive for Indian credit profile: Moody's  Sify2 months ago

Optional reporting of details of one foreign bank account by the non-residents in refund cases

Refund generated on processing of return of income is currently, credited directly to the bank accounts of the tax-payers. Availability of the detail of bank accounts in which the refund is to be credited is a precondition for direct credit of refund in the ...
 PIB2 months ago

GST narrows ambit of duty credit scrip use by exporters

Implementation of the Goods and Services Tax has limited the use of duty credit scrips by exporters as these can now be utilised only for payment of basic Customs duty and not IGST. These scrips, a type of certificates that carry certain monetary value, are ...
 Business Standard2 months ago 'Allow wider utilisation of duty credit scrips by exporters'  Business Standard2 months ago GST impact: 12% rate takes a toll on seafood exporters' margins  Business Standard2 months ago

Why India's exporters are worried

As the liquidity crunch reaches crisis levels and getting tax refunds remain a big headache, exporters saw orders fall by 15 per cent till October.Subhayan Chakraborty reports.Illustration: Dominic Xavier/ Despite August export figures jumping by 10.3 per cent year-on-year and the country completing 12 straight months of growth, exporters and economists alike remain sure that coming months would prove to be the real challenge for merchandise exports.   That is largely due to ...
 Rediff.com1 day ago

Problems galore even after two months of GST

The Goods and Services Tax (GST) roll out completes two months on Thursday but certain issues are still troubling the common man and traders. Most of them relate to the GST portal where a trader files tax returns but the knottiest still appears to be the ...
 Deccan Herald3 weeks ago

Commerce ministry to review Foreign Trade Policy to address exporter' concerns

The commerce ministry headed under Nirmala Sitharaman will be reviewing the foreign trade policy (FTP), also referred to as black book within import-export circles. The review will be undertaken basically to address rising concerns of exporters after GST got ...
 Sify1 month ago

GST beneficial in India's credit growth finds Moody's survey

A Moody's-ICRA survey conducted at the sidelines of an annual conference titled "Reforms, Sector Trends, Credit Risks & Opportunities", finds GST one among the many reasons contributing to the growth of Indian economy. On the effects of the goods and services ...
 Sify1 month ago

Here's a checklist to help you file your income tax returns this year

31st July is the last day to file your tax returns. Here are some important points you need to take care of before you file your tax returns. First , check whether you really need to file your tax returns: Most people have wrong notions about this. For ...
 DNA1 month ago

Wall Street Week Ahead: Small-cap rally could shrink on earnings, tax reform hurdles

By Caroline Valetkevitch NEW YORK (Reuters) - Optimism is souring around small-cap stocks for some investors, with a host of factors conspiring to up-end gains that have taken them to record highs. Small-caps, which led the market's rally just after the Nov.
 Sify2 months ago
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