Non-resident accounts to give 20% tax
Times of India - India
The applicant had also taken up the case with HDFC, which had said it will deduct tax at source at 30%. AAR ruled: "NRO deposit to be made by the applicant ...
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Airlines refuel in Andhra, Kerala to save tax
Business Standard - Mumbai,Maharashtra,India
"However, this decrease in sales tax would not be a benefit for international flights at all because, the basic price of ATF in India is still 30 per cent ...
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Taxation treaties: Anxious to keep a place in the sun
Financial Times - London,England,UK
For more than 20 years, favourable tax treaties with India and China have formed the backbone of Mauritius's financial sector, which is the biggest ...
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A match not made in heaven
Business Standard - Mumbai,Maharashtra,India
... but the current tax collection is just Rs 55 crore, AICMI notes. The Sivakasi-centric industry, which accounts for 75 per cent of India's matchbox ...
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After getting passport, Sanjeev cools his heels in CBI custody
Hindu - Chennai,India
The same CBI court remanded him to the custody of the premier investigating agency till March 14 for alleged manipulation of evidence in the Income Tax case ...
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India Infoline acquires IT park in Chennai, to foray into real ...
Economic Times - Gurgaon,Haryana,India
It is covered by STPI tax benefits, which is due to expire next year. India Infoline recently announced that it will raise Rs 555 crore through allotment of ...
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Indian court adjourns Vodafone tax case to June 23
Reuters - USA
The tax department argues the deal is liable for tax because most of the assets are based in India and because under Indian tax law, buyers have to withhold ...
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India May Cut Edible Oil Tax 10% as Record Prices Fan Inflation
Bloomberg - USA
Tax on imports of crude soybean oil was lowered to 40 percent from 51 percent in 2007. India may cut import duties on vegetable oils or boost imports ...
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'India may overtake UK as favoured investment destination'
Times of India - India
Businessmen in London have demanded a radical overhaul of corporate tax. Thousands of people of Indian origin are keenly awaiting the budget amidst reports ...
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India money market liquidity to tighten soon - JPMorgan
Reuters India - Mumbai,India
Advance tax payments drain liquidity out in the middle of the month, but then government spending tends to pick up in the final week, helping conditions. ...
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