Search Results for: India
India Confirms MAT Exemption For Foreign Firms
September 28th, 2015
The Indian Finance Ministry has announced that the Income Tax Act will shortly be amended to exempt foreign companies with no permanent establishment in the country from the minimum alternate tax (MAT) retrospectively from 2001, in a move likely ...
Gold holds near four-week low on india’s bullion plan before fed
September 11th, 2015
India’s government on Wednesday approved a gold monetisation plan and sale of sovereign bonds by the Reserve Bank of India Gold held near a four-week low on concern that India will reduce bullion imports and as US jobs data ...
India: Police approaches UK Embassy in Delhi regarding its investigations for Tradenext (UK) director
September 8th, 2015
Chit fund scam: 200 victims meet Dhindsa, seek help Over 200 persons from Sangrur and Barnala districts, who deposited money in Crown Credit Cooperative Society Limited, met Finance Minister Parminder Dhindsa in Sangrur yesterday to get back their money. ...
India Says New Tax Won’t Apply to Foreign Institutional Investors
September 3rd, 2015
Move on minimum alternate tax is aimed at calming investors’ concerns India said Tuesday that it wouldn’t go through with plans to apply a controversial tax to international portfolio investors, hoping to calm concerns about the country amid global ...
India And Germany To Share More Information On Tax
September 1st, 2015
The governments of India and Germany have agreed to continue negotiations on a partial revision of their bilateral double tax avoidance agreement with a view to introducing automatic exchange of tax information, the Indian Government has announced. As part ...
India has forex reserves to stabilise currency volatility: RBI
August 24th, 2015
Forex reserves of around $380 billion would be used if needed to subdue the volatility in the currency market, said RBI Governor On a day when the rupee and stock market went down Reserve Bank of India (RBI) Governor Raghuram Rajan said on ...
UAE open to meeting Indian oil demand – UAE economy minister
August 20th, 2015
The United Arab Emirates is open to meeting any demand for oil from India, the Gulf OPEC member’s economy minister Sultan bin Saeed al-Mansouri told Reuters on Monday. Mansouri was speaking after meeting with Indian Prime Minister Narendra Modi, ...
Brokers in India requested to set a floor to brokerage rates but SEBI has rejected it
August 20th, 2015
Market regulator Securities and Exchange Board of India (Sebi) has rejected brokers’ request to set a floor to brokerage rates. Brokers are worried that cut-throat competition along with the entry of several discount brokerages in the market might be ...
30% lawyers in the country are fake, says Bar Council of India
July 28th, 2015
Bar Council of India has also said that 20% those who claim to be lawyers don not even have proper degrees. 30% of lawyers in the country are fake, possessing ‘fraudulent’ law degrees or non-practising persons, and are degrading the profession, ...
India Signs Up For FATCA To Block Black Money
July 20th, 2015
The Indian government’s crackdown on black money is continuing with the signing of a Foreign Account Tax Compliance Act (FATCA) agreement with the USA. Both countries have agreed to swap financial information about bank accounts and investments controlled by ...
