Monday, March 17, 2008

India Tax News 17 March 2008

Reduce tax on incomes and put tax on pollution: Al Gore
Hindu - Chennai,India
New Delhi (PTI): Reduce tax on incomes and institute a tax on pollution was a suggestion environmental crusader Al Gore had for India to tackle the issue of ...
 

Shahrukh Khan in top 20 income tax payers list
Economic Times - Gurgaon,Haryana,India
NEW DELHI: Sounds strange, but India's top billionaires don't even figure among the top 20 crorepati income tax payers in the country. ...
 

Colgate Palmolive India: Buy
Hindu Business Line - Chennai,India
Colgate's profit growth may outpace sales growth, as it widens its product mix and lowers tax incidence by shifting more of its production to tax-free zones ...
 

Lanka's fiscal situation unclear and not transparent – Indian expert
Sunday Times.lk - Columbo,Sri Lanka
There must be comprehensive tax reforms which generate revenue in the least kind of distortions. In India, there is a lot of difficulty in decision-making ...
 

Tough ride ahead
Business Standard - Mumbai,Maharashtra,India
By increasing the short-term capital gains tax from 10 per cent to 15 per cent, the finance minister has clearly given the signal that long-term investors ...
 

Over and above 80C
Business Standard - Mumbai,Maharashtra,India
Section 80C is the not the only section under which you get tax benefits, there are some other sections as well. The Income tax Act, 1961 contains several ...
 

Our goal is to wipe out poverty: FM
Rediff - Mumbai,Maharashtra,India
Shri Advani came, because of the tax buoyancy and because of the fiscal space that we have created by four years of prudent financial management of India's ...
 

What's the Story?
Business Standard - Mumbai,Maharashtra,India
Announcing the broad contours of the Rs 60000-crore farm loan waiver package, the biggest loan relief in India's fiscal history, in Parliament today, ...
 

RBI may not cut interest rates: FM
Business Standard - Mumbai,Maharashtra,India
PTI / New Delhi March 15, 2008 Finance Minister P Chidambaram indicated today that Reserve Bank of India (RBI) may not cut interest rates to boost ...
 

Yahoo to move headquarters from London to Geneva
Hindu - Chennai,India
Chancellor Alistair Darling announced during his budget speech on Wednesday that people of Indian and other foreign origin who claim non-domicile tax status ...

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