GAAR

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We have dispelled atmosphere of gloom and doom: PM

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Prime Minister Manmohan Singh on Saturday said the government has dispelled the atmosphere of 'gloom and doom' and will soon announce steps to stave off investors' fears ensuing from taxations measure

Final guidelines on GAAR by month end: Chidambaram

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The Income Tax department will come out with final guidelines by the end of October on implementation of General Anti Avoidance Rules (GAAR), Finance Minister P. Chidambaram said here on Monday.

Expert panel wants GAAR deferred by 3 years

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A controversial set of laws to stop tax avoidance in India should be deferred until 2016, an advisory panel set up by Prime Minister Manmohan Singh to examine the rules said on Saturday, a move likely

Govt expands scope of GAAR panel to cover all non-residents

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The government on Saturday expanded the scope of the expert committee on General Anti-Avoidance Rules (GAAR) to include all non-resident tax payers, even as the Committee submitted its draft report

Drought could delay fuel reforms: Ahluwalia

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The drought threatening India due to elusive monsoon rains will make it politically harder for the government to raise prices of subsidised fuel, delaying a reform urgently needed to rein in the count

PM sets up panel to review taxation of development centres, IT

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In yet another move to provide clarity on taxation issues, Prime Minister Manmohan Singh on Monday set up a committee to look into such matters pertaining to IT sector and research and development related activities.

International business council says GAAR proposals too vague

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A group of leading US-based MNCs have expressed their concern over the draft GAAR taxation proposals, saying that the proposed regulations are 'too vague' to comfort the business investors.

Besides,

PM Manmohan Singh sets up committee to frame GAAR guidelines by Sept 30

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Within a fortnight of the Finance Ministry issuing draft guidelines on GAAR, Prime Minister Manmohan Singh on Friday set up a committee to prepare fresh norms on the controversial tax provision to

Firms see India 3rd most-favoured destination: U.N. report

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Major global companies consider India their third most favoured destination after China and the United States, a U.N. report said on Thursday, and investment inflows could increase by more than 20 per

BJP might support raising FDI in insurance: Sinha

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Government, which has of late been talking of pushing reforms, may get support from BJP on raising the FDI in insurance sector if it 'reaches out' to the opposition.

"We will see. They have to

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