The much dreaded Delhi Value Added Tax (Amendment) Bill, 2009 raising the slab of 4 per cent to 5 per cent, was passed by voice vote in the Delhi Assembly today. The Bill was passed unopposed as the Opposition BJP had walked out during Chief Ministe ..
India Inc has informed the ministry of finance that the government can unlock a whopping Rs 50,000 crore in revenue if it fast- tracks cases related to direct and indirect taxes that are pending in various tribunals and courts. The Confederation of I ..
It's official: The goods and service tax (GST) regime, India's biggest-ever tax reforms attempt, scheduled to roll out on April 1, 2010, will miss the deadline by a wide margin. After a meeting in the capital on Wednesday, chairman of the empowered ..
THE Karnataka High Court has ruled that technology firms are subject to withholding taxdeduction of tax at sourceon purchase of software from global vendors such as Microsoft. This would push technology firms and branded software distributors into a ..
Cost of insurance for property and health could rise next year as proposed taxes on investment income will wipe out whatever margins are left for non-life companies. Balance sheet data for `08-09 of the non-life insurance companies in India reveal th ..
A raft of tax experts and professional bodies including chambers of commerce across the country thinks virtually every line of the new direct tax code may have to be rewritten to shield domestic companies and their operations, both in India and over ..
The insurance claims paid to policy holders in the event of death or disability will be subject to payment of income tax if the new Direct Taxes Code proposals are implemented. The Code proposes that contributions by the insured are subject to the EE ..
India's capital markets regulator said on Tuesday it has not received an application for dual listing, seen as a key issue holding up a finalisation of tie-up talks between Bharti Airtel and South Africa's MTN. Securities and Exchange Board of India ..
Finance Minister Pranab Mukherjee will meet leading industry chambers here on October 9 to discuss issues arising out of the proposed new direct tax regime. The three industry bodies, CII, FICCI and Assocham are expected to take a common stand on the ..
New Delhi: Taxes paid by Indian companies more than doubled in the three months through September, suggesting growth in Asia’s third biggest economy may be strengthening. Advance taxes paid by local companies rose to Rs44,010 crore in the July- ..
Member Strength 9,50,330 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
