India Tax
MoCA proposes Intermediate Sales tax of 15 - 16% on ATF across India
TravelBizMonitor - Mumbai,Maharashtra,India
Praful Patel, Minister of Civil Aviation, had also recently written a letter to all the Chief Ministers in India asking them to reduce the rate in sales tax ...
Microsoft may have to pay tax in India: Legal implications
Moneycontrol.com - Mumbai,India
Microsoft may be forced to pay tax in India. For the very first time, every time someone in India buys a Microsoft software product, he actually buys the ...
Are bonus shares really a 'bonus'?
Sify - Chennai,Tamil Nadu,India
Goods are directly shipped from ports outside India. Payment is made in foreign exchange. In such a case is my client liable to deduct tax at source while ...
RBI increases overseas invst limit to $ 7 bn
Moneycontrol.com - Mumbai,India
The Reserve Bank of India has increased the overseas investment limit for mutual funds to USD 7 billion, from the earlier limit of 5 billion. ...
PMO stretches STPI scheme
Indiatimes - New Delhi,India
... Software Technology Park of India (STPI) scheme, have something to cheer. They can continue to enjoy tax holidays under the industrial park scheme. ...
PMO seeks tax sop for IT cos in industrial parks
Economic Times - Gurgaon,Haryana,India
... Technology Parks of India (STPI) scheme, have something to cheer about. They can continue to enjoy the tax holiday under the industrial parks scheme. ...
Property sale
Calcutta Telegraph - Calcutta,India
You can save your capital gains tax by investing in specified bonds of Rural Electrification Corporation or National Highway Authority of India. ...
Royal Biz: Microsoft case exposes opaque tax policy
Economic Times - Gurgaon,Haryana,India
An appellate authority ruled that the company was liable to pay tax in India as the transaction involved royalty. Microsoft, which sells its software in ...
Maya blames Centre for price rise
Howrah News Service - Howrah,West Bengal,India
"The government of India has conceded that the rise in prices was a result of its own policies and has now brought down the custom duty on cement, ...
What should RBI do now?
Livemint - Delhi,Delhi,India
The Reserve Bank of India (RBI) finds itself in a pickle with wholesale price inflation touching a three-year high, industrial production and overall ...
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