Thursday, March 20, 2008

India Tax

Is transaction tax on commodity futures justified?
Economic Times - Gurgaon,Haryana,India
Commodity futures trading in India in its renewed format commenced only as recently as 2004. In its nascent stage of development and restricted access we ...
 

FM confident of high growth
The Statesman - Kolkata,India
This growth rate, Mr Chidambaram noted, was brought on by a buoyant revenue, led by healthy tax collection. Better tax compliance was seen with more and ...
 

Derivatives provisioning may come under tax lens
Business Standard - Mumbai,Maharashtra,India
After the Reserve Bank of India, it is now the income tax authorities who have put banks and companies disclosing losses in their foreign exchange ...
 

Loss of tax breaks hits new refinery projects
Oil & Gas Journal - Houston,TX,USA
"The removal of tax benefits is a huge concern for the industry," said SV Narasimhan, finance director of India's largest refining company, Indian Oil Corp. ...
 

Daewoo Motors, Samsung, Coca Cola India among multinationals with ...
domain-B - Khandala,Maharashtra,India
NNNNAccording to finance ministry figures, nearly three-dozen MNCs operating in India account for the total outstanding tax liability of more than Rs3,500 ...
 

Tata-Sasol's 8 bln usd coal-to-oil project cleared by Indian govt ...
Forbes - NY,USA
The report added that the project does not seek any tax concession/subsidy from the government or protection from the market risk of oil prices falling ...

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