Thursday, March 13, 2008

India Tax News 13 March 2008


Mauritius rejects compensation to plug double taxation loopholes
Business Standard - Mumbai,Maharashtra,India
Mauritius accounts for nearly half of all foreign direct investment (FDI) inflows to India. Indian tax officials said the treaty has been costing the ...
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Shankar Acharya: Year of the Carp
Business Standard - Mumbai,Maharashtra,India
As usual, it has provoked reams of commentary from serried ranks of financial journalists, tax consultants, investment analysts, general columnists and, ...
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Budget 2008: Making the best of a bad job
Times Online - UK
The Treasury is actually quite upbeat about the wider world, expecting China, India and the rest to give us 4 per cent global growth this year, ...
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Failure to collect smoke taxes is costly
Bizjournals.com - Charlotte,NC,USA
The findings by O'Connor, former director of US economics for
IBM Corp., were documented in an updated report titled "An Update: Additional Cigarette Tax ...
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MF NAVs close on a strong note
Moneycontrol.com - Mumbai,India
The top losers Lotus India Tax Plan (G) down 1.41%, Franklin India Tax Shield (G) down 1.49% and Sundaram
BNP Paribas Tax Saver (OE) (G) down 1.70%. ...
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India Industrial Production Growth Unexpectedly Slows (Update1)
Bloomberg - USA
29 budget cut duties and reduced the tax burden on individuals to spur consumption after nine rate increases by the central bank in the last three years ...
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IOI, Kepong Gain as India Importer Says Nation May Cut Oil Tax
Bloomberg - USA
By Angus Whitley March 12 (Bloomberg) -- IOI Corp. and Kuala Lumpur Kepong Bhd. led gains by Malaysian palm oil stocks after an importer in India, ...
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'Tax Dept allowed banks to claim excess sums as bad debts'
Sify - Chennai,Tamil Nadu,India
New Delhi: The Comptroller and Auditor General of India (
CAG) has come down heavily on the revenue department for its faulty income-tax assessments of banks ...
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Indian Court Defers Hearing On Vodafone Tax Challenge
Wall Street Journal - USA
By R
AGHAVENDRA UPADHYAYA and ROMIT GUHA BANGALORE, India -- Vodafone Group PLC suffered a delay in its wrangling with Indian tax authorities over a $2 ...
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