SEARCH

Vaulting into the IPO league

Although the capital markets are currently subdued, any Initial Public Offering involves long and careful preparation. Some tips to help your company gear up in advance. »

Rewiring the negative list

Breather for annual maintenance contracts. K.K. Mustafah While there could still be an overlap where VAT and service tax apply on the same component, the amended definition of ‘works contract' does reduce double taxation to some extent. »

Inviting foreign birds to Indian skies

Buying equity in Indian carriers, global airlines get to enter a potentially big market growing at a CAGR of 15 per cent, as compared to 4-5 per cent growth globally. »

Unclear tax rules for vital clearing zones

Inland container depots and container freight stations were set up to help decongest ports. Kamal Narang Maritime trade has, since ancient times, made remarkable contribution to the development of Indian economy. The country's ports handle more than 90 per cent of its foreign trade. Moreover, the gro... »

New service tax refund system soon for software exports: CBEC

Mr S.K. Goel “Duties or taxes paid on any goods or services that qualify as input or input services will be entitled to be refunded in the ratio of export turnover to total turnover.” »
Taxation & Accounts

DTC — Will Pranab go with Sinha?

Finance Minister Mr Pranab Mukherjee recently announced in the Rajya Sabha that the Direct Taxes Code Bill will be brought to Parliament in the coming monsoon session for the approval of b... »
Taxation & Accounts

Accounting boost for toll roads

On April 17, the Ministry of Corporate Affairs amended Schedule XIV of the Companies Act 1956 to permit amortisation of intangible assets relating to toll road projects created through a B... »
Taxation & Accounts

Tax landscape has changed forever

Thanks to greater global integration, even without GAAR any tax planning without substance and commercial rationale will carry its own set of enhanced risks. »
Taxation & Accounts

Special unit to handle BCCI - IPL tax cases

The Income Tax department has created a special audit team to bring together the scattered assessment and investigation proceedings of the BCCI and the IPL spread across the country. Tax... »
Taxation & Accounts

GAAR pushed back, but new tax rule may still drive away FIIs

Foreign investors may be relieved over the controversial GAAR tax proposals being pushed back by a year but another new taxation framework could make their India investments riskier and ex... »
Taxation & Accounts

Getting customers to ‘like' you on social media

By understanding the forces underlying social networking, organisations can connect effectively with both current and future customers. »

India, Netherlands sign protocol to amend double tax avoidance pact

India can now seek banking-related information from the Netherlands for tax administration purposes. Both the countries have concluded a protocol to amend Article 26 of the double tax avoidance co... »

FDI routed through Mauritius, Singapore to avoid taxes: Govt

The government on Monday said huge foreign direct investments are routed through Mauritius and Singapore into the country to avoid taxes as well as conceal identities of real investors, who could... »

Tax landscape has changed forever

Not many thought the General Anti-Avoidance Rule would be introduced in Budget 2012, especially as this was supposed to be the last budget before the Direct Tax Code is rolled out... »

Getting customers to ‘like' you on social media

Social media is emerging as the platform that will decide many of the winners of tomorrow's connected enterprise. In the area of financial services, initial initiatives saw banks seeking customer... »

GAAR pushed back, but new tax rule may still drive away FIIs

Foreign investors may be relieved over the controversial GAAR tax proposals being pushed back by a year but another new taxation framework could make their India investments riskier and ex... »

Kingfisher Airlines owes Rs 269 cr income tax: Govt

Vijay Mallya-promoted Kingfisher Airlines owes Rs 269.06 crore income tax and I-T Department has initiated penalty and prosecution proceedings against the private carrier, Government informed the... »

Life insurance firms get relief; to be out of MAT regime

The Finance Ministry has withdrawn its proposal to bring life insurance companies under the Minimum Alternative Tax (MAT) regime. Had this provision been adopted by Parliament, life insu... »

Simplified merger and amalgamation

Section 391 to 394 of the Companies Act 1956 contains enabling provisions for mergers and acquisitions and prescribes procedures. The Companies Bill 2011 proposes many changes to these requirement... »

Fuelling speculation on oil and gas reserves?

The valuation and stakeholder focus in an exploration and production company (EPC) is completely on its oil and gas reserves. These are measured either on a participating interest basis or an enti... »

Biz value-add

Have investors been asking for greater transparency on your tax liabilities and tax planning? Can you confidently respond to stakeholders' questions on overall tax expenses and liabilities? Do you... »

Dressing up a forex gain

West Bengal entry tax is retrograde: IFTRT

Pranab brings new twist to taxation of indirect transfers

A broader transfer pricing code

Tax challenges for foreign enterprises in India

New reporting standards postponed

Independent directors and governance conundrum

CA institute planning to review syllabus

Bengal may exempt goods for repairs from entry tax

The West Bengal State government may consider exempting goods entering the State for repairs from paying entry tax. The West Bengal Tax on Entry of Goods into local Areas Act, 2012 is no... »

DTC — Will Pranab go with Sinha?

Finance Minister Mr Pranab Mukherjee recently announced in the Rajya Sabha that the Direct Taxes Code Bill will be brought to Parliament in the coming monsoon session for the approval of b... »

Accounting boost for toll roads

On April 17, the Ministry of Corporate Affairs amended Schedule XIV of the Companies Act 1956 to permit amortisation of intangible assets relating to toll road projects created through a B... »

Special unit to handle BCCI - IPL tax cases

The Income Tax department has created a special audit team to bring together the scattered assessment and investigation proceedings of the BCCI and the IPL spread across the country. Tax... »

Praful Patel adds voice to protest against duty cut for European cars

Mr Praful Patel The Union Minister for Heavy Industries, Mr Praful Patel, is upping the ante against the proposed sharp reduction of customs duty for cars under the upcoming India-European Union (EU) Free Trade A... »

DTC Bill to be introduced in monsoon session

A file photo of the Finance Minister, Mr Pranab Mukherjee. The Direct Taxes Code (DTC) Bill, which seeks to overhaul the 50-year-old income-tax laws, will be brought in Parliament in the monsoon session and most of the recommendations of the Standing Comm... »

New tax norms fuelling negative capital formation, says expert

Retrospective tax amendments have fuelled negative gross capital formation, which could adversely affect the growth of the economy. Mr Sherry Samuel Oommen, a leading tax counsel and tax... »

FM's googly on indirect transfers

After representation from various bodies, the Finance Minister, Mr Pranab Mukherjee, has amended the Finance Bill 2012. While the amendments to GAAR are welcome, there has been no direct... »

Taxman's eye on cross-border services

Imagine a person outside India providing a service to his client in India. Would you consider this service liable under Indian service tax law? If yes, who would have to pay the service tax — the... »

Mauritius structures — gazing through a crystal ball

Mauritius has been a popular location for intermediary holding companies for multinationals and others investing in India. This popularity is due to several factors including the capital gains tax... »

‘Avoid' the confusion

Received info on money held in overseas accounts: Minister

TDS certificates for non-residents

Too wide a net for indirect transfers

A prolonged halt for IFRS

Managing financial disclosures

West Bengal to impose entry tax on transfer of goods

Regions with a greater spread of large capital in organised activities — such as the western and southern regions, which include Maharashtra and Tamil Nadu — showed more rapid growth in per capita incomes

Growing differences in state per capita incomes

The period of economic liberalisation has been marked by growing differences in per capita incomes across States, although the trend has varied ... »

Five ideas to retire in your forties

Want to hang up your boots when you still have the energy and zest for life? Put your twenties to good use with these tips for a comfortable retirement.Ramping up your lifestyle too early in your working life will rob you of savings and may even leave you with a lot of high-cost loans to service. »

‘Look for potential buys in Europe'

Mr Hans-Paul Bürkner In spite of the current crisis scenario in the Euro Zone, it is unwise for Indian companies to ignore Europe, says Mr Hans-Paul Bürkner, president and chief executive officer of the Boston Consulting Group (www.bcg.com). »
Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line.
Comments to: web.businessline@thehindu.co.in. Copyright © 2012, The Hindu Business Line.