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- India firms want tax rebate on Iran oil payment
By Nidhi Verma NEW DELHI (Reuters) - India and Iran's new mechanism to partially settle their oil trade in rupees may remain a non-starter unless India's finance ministry exempts the payments from hefty ...
income tax india 08 Feb 2012 - Direct tax collections rise 14.6 percent in April-January
New Delhi, Feb 8 (IANS) India's direct tax collections grew by 14.57 percent to Rs.425,274 crore in the first 10 months of the current financial year, sharply lower than the budgetary target of around 20 percent growth, official data showed Wednesday.
income tax india 08 Feb 2012 - Income tax raids on liquor baron Ponty Chadha's properties
Ponty Chadha raided: At least 17 properties owned by liquor baron and multiplex owner Gurdeep Singh Chadha were raided by income tax officials today. Related Stories Taslima book launch cancelled after threats Custody case: Children's uncle to leave for Norway India's air the world's unhealthiest, says a study Emaar case: CBI names two IAS officers in chargesheet 2G case: Supreme Court likely to ...
income tax india 08 Feb 2012 - Vodafone Wins Historic Tax Case in India
The Supreme Court of India on Friday set aside a Bombay High Court judgement asking Vodafone International Holding to pay income tax of $2.2 billion on a deal abroad. The Supreme Court has asked the tax office to refund half billion dollars with 4% interest to Vodafone.
income tax india 08 Feb 2012 - India Post Cup
lThe CFL Premier Division match between East Bengal and Tollygunge Agragami, which was supposed to be held on Tuesday, was postponed.
income tax india 08 Feb 2012 - Badal seeks tax exemption for road safety projects in Budget
Punjab Chief Minister Parkash Singh Badal today sought income tax exemption for industry, corporate houses, NGOs and media investing in the road safety programmes approved by the government in the forthcoming Union budget for 2012-13 financial year.
income tax india 08 Feb 2012 - Budget 2012 likely to increase income tax exemption limit to Rs 2 lakh
The committee also proposes that the highest personal income tax rate of 30% should apply to annual income above Rs 10 lakh, as against Rs 8 lakh.
income tax india 08 Feb 2012 - Don't treat subsidy as part of income, say Southern planters
The United Planters' Association of Southern India (Upasi) has urged Finance Minister, Mr Pranab Mukherjee, to include the subsidy scheme for production of orthodox tea under the ambit of Section 10(30) of the Income Tax Act, 1961 so that the subsidy from Tea Board is not treated as part of total income.
income tax india 08 Feb 2012 - Industry Cheers Vodafone Win, but India May Hasten Legislation to Tax Similar Transactions In Future: Nair & Co.
India's Supreme Court on Friday ruled in favor of Vodafone Group?s appeal against a $2.2 billion tax bill on its purchase of a 67% stake in India's Hutchison Essar Ltd.
income tax india 08 Feb 2012 - CM seeks IT exemption for investments in road safety programmes
Chandigarh, Feb 7 : Punjab Chief Minister Parkash Singh Badal has sought Income Tax (IT) exemption for industry and corporate houses investing in the road safety programmes approved by the government in the forthcoming Union budget for the Financial year 2012-13.
income tax india 08 Feb 2012
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