Tuesday, April 8, 2008

India Tax News 6 April 2008

India Tax

Weekly Wrap: Sensex plunges on surging inflation
Sify - Chennai,Tamil Nadu,India
The suggestion by the Institute of Chartered Accountants of India that companies should disclose marked - to - market losses incurred on derivatives trades ...
 

Delhi defers 30% tax rise for Scotch whisky
Scotsman - United Kingdom
The proposal to impose an additional 30% tax on bottles of foreign imported liquor would have badly damaged Scotch whisky's ability to compete in India's ...
 

Gratitude is exempt from tax
Business Line - Chennai,India
Until 31st December 2007, he was employed in India and tax was deducted at source by the Indian employer on the entire salary until that date. ...
 

India may allow visa on arrival by 2009
Business Standard - Mumbai,Maharashtra,India
To take advantage of the private sector skills in tourism development, tax incentives are also being given for hotel development as well as for funds set ...
 

Rice prices highest in 20 years
Manila Times - Philippines
Egypt imposed an export tax on rice, India restricted non-basmati rice export, Vietnam imposed export quotas. FAO notes increased imports by Bangladesh, ...
 

Czech police detains Indian for large tax evasion - press
Czech Happenings - Pragues,Czech Republic
The Indian businessman is facing tax evasion and related charges, for which he can be sentenced up to twelve years in prison, Pravo writes. ...
 

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