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About 27 results for "parthasarathi shome"

Parthasarathi Shome: Vicissitudes of modern democracies

Businessgyan - The destination for Business Knowledge powered by a community of experts, who share and point to useful and inspiring articles for entrepreneurs and business leaders. Find articles, blogs, videos and links that experts value in the ... Businessgyan, 3 weeks ago

Parthasarathi Shome: Ramifications of Budget 2016-17

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 Business Standard1 month ago
Business Standard India

I-T dept proposes to simplify foreign tax credit norms

The government on Monday released draft rules allowing companies to claim credit for taxes paid abroad. The Central Board of Direct Taxes (CBDT) has said that tax credit will be available to entities paying taxes in any country, including those with ...
 Smart Investor2 weeks ago
Hindustan Times

FinMin to calm investor nerves ahead of GAAR

The government will soon meet foreign portfolio investors (FPIs) for a consultation on implementation of the general anti-avoidance rules (GAAR), where the ministry of finance will provide greater clarity on specific issues that have been agitating foreign ...
 The Financial Chronicle2 weeks ago Further clarity on GAAR for FIIs  Smart Investor2 months ago GAAR to bring tax clarity for overseas investors  Smart Investor2 months ago Budget 2016: GAAR to come into effect from next year, says Jaitley  Hindustan Times2 months ago

How India lost Rs 50,000 crore in taxes

Agricultural incomes can be taxed without hurting farmers, as a substantial section — the small and marginal ones — will remain outside the tax net simply because their incomes are likely to be below the basic exemption limit of Rs 250,000 per annum that is extended to all taxpayers in India, finds out Ishan Bakshi. Politically, it is difficult terrain, but the revenue gained by taxing agricultural income could provide a significant boost to the finances of the states. (Agriculture ...
 Rediff.com2 weeks ago
Business Standard India

Making a case for taxing farm incomes

Politically, it is difficult terrain, but the revenue gained by taxing agricultural income could provide a significant boost to the finances of the states. (Agriculture is a subject on which the state legislates; hence taxation of agricultural ...
 Smart Investor3 weeks ago
Times of India

Committed to dispose refund claims within three months: CBEC

NEW DELHI: The CBEC has implemented four of the 11 'customer focus' recommendations of Tax Administration Reform Commission (TARC), including disposal of refund claims within three months. Listing out the status of recommendations accepted and ...
 Economic Times1 month ago Tax men hunt for crorepati 'farmers'  Times of India1 month ago As crorepati 'farmers' mushroom, tax officials go digging for evasion  Times of India1 month ago CBDT sets up 2 directorates for tax payer services  The Financial Chronicle1 month ago

Budget: A genuine opportunity badly missed?

  Jaitley's attention to the agricultural sector was direly needed following two seasons of drought for a community with a median income of less than Rs 30,000 per annum (not month), says Parthasarathi Shome Television discussions would lead one to view the Budget as having a shelf life of 48 to 72 hours. By that count, it is water under the bridge. Yet, listening to its delivery intently, I concluded that its ramifications would be long run, many adverse. Finance Minister Arun Jaitley ...
 Rediff.com1 month ago

Trust based approach: CBDT accepts over 99% income tax returns

Finance Ministry on Tuesday said over 99% of the returns filed are "accepted" by the Income Tax Department and only a minuscule number is taken up for scrutiny where the taxman has no discretion. "CBDT is already following a trust based approach ...
 DNA India2 months ago

Budget 2016: India Inc disappointed with inadequate tax rate cut

NEW DELHI/MUMBAI: Finance Minister Arun Jaitley could have shown a larger heart. He only cut corporate tax rates selectively, and not across the board, as exemptions have not ended. Not unexpectedly, India Inc is disappointed. "The finance ...
 Economic Times2 months ago
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