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About 89 results for "tax information exchange"

How the super rich stash money abroad
Rediff.com

India's tax department considers tax on virtual currencies

NEW DELHI: India‚Äôs central tax authority is investigating bitcoin exchanges to try and find a way to tax transactions, an official said on Wednesday, even as the Reserve Bank of India (RBI) has warned against dealing in virtual currencies. Thousands of ... Sify, 3 days ago
Business Standard

Cabinet approves the protocol amending the Agreement between India and Kyrgyz

The Protocol amending Double Taxation Avoidance Agreement (DTAA) aims to update Article 26 (Exchange of Information) of the DTAA to international standards. The updated Article provides for exchange of information to the widest possible extent. The new ...
 Business Standard1 month ago Cabinet approves Agreement between India and the Hong Kong Special Administrative Region of China  Business Standard1 month ago
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.com1 month ago
Rediff.com

Dealing with bitcoins? Do so at your own risk

Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years and 20% if held for longer than 36 months. In the first such move against bitcoin dealers, the income-tax (I-T) department on Wednesday conducted surveys in Delhi, Mumbai, and Hyderabad.   I-T investigative teams began surveys to gather information related to the dealer’s source of income, bank accounts, and tax liability, among others, amid tax evasion concerns. Although a ...
 Rediff.com4 days ago

US STOCKS-Dow hits record as investors bet on tax cuts

* Banks win, tech stocks lose * Aetna down after CVS agrees to buy co for $69 bln * Media stocks rise on deal talk * Indexes end: Dow +0.24 pct, S&P -0.11 pct, Nasdaq -1.05pct(Updates to close) By Noel Randewich Dec 4 (Reuters) - The Dow Jones Industrial ...
 Sify1 week ago Dow hits record as investors bet on tax cuts  Sify1 week ago

Panama Papers: I-T dept slaps criminal charges under anti-black money

Stepping up probe into the Panama Papers, the Income Tax Department has slapped criminal charges under the new anti-black money Act and launched fresh assessment of stashed offshore income against more than six Indian entities in the list, official sources ...
 Deccan Herald4 weeks ago
Business Standard

Black money: Swiss Par panel OKs auto info exchange with India

Paving the way for India to get instant access to details on Indians with Swiss accounts, a key parliamentary panel in Switzerland has approved an automatic information exchange pact between the two countries.The Commission for Economic Affairs and Taxes of ...
 Business Standard4 weeks ago
Sify

Opposition, government slug it out on demonetisation

New Delhi: A year into demonetisation, the opposition and the government on Tuesday exchanged verbal blows over the action with former Prime Minister Manmohan Singh calling it disastrous while Finance Minister Arun Jaitley rejected the charge saying there was ...
 Sify1 month ago
Rediff.com

BUSTED: 6 myths about investing in InvITs

Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal. Illustration: Uttam Ghosh/Rediff.com. InvITs are instruments for infrastructure developers to raise capital. For investors, InvITs provide (1) an opportunity to invest in a de-risked portfolio of operating infrastructure assets for a superior risk-adjusted return, (2) potential of growth via acquisitions.   The governance framework behind InvITs builds on the experience of similar ...
 Rediff.com1 month ago
Sify

Infosys steady as investors react positively to results

Shares of information technology major Infosys Limited remain firmly placed in positive territory Wednesday afternoon, with investors reacting positively to the company's second quarter results and future earnings guidance. Infosys advanced to Rs 944.15 after ...
 Sify1 month ago
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