Hyderabad: Micro and small industries have decided to launch a Gandhiji-styled Satyagraha movement and stop paying taxes as well as stop repaying bank loans from September 1 onward.
The SMSE sector,

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.

In order to further reduce transaction cost of the importers and as a trade facilitation measure, the government on Friday made e-payment of customs duty mandatory.

According to a release issued by t

Finance Minister P Chidambaram on Tuesday said that the Direct Taxes Code (DTC), initiated by him during his earlier tenure, needed a fresh look.

After a meeting with top officials of Central Board

To see where the presidential candidates stand on taxing the rich, just look at how they'd tax themselves. Under his own proposal, Mitt Romney would pay half what he would under President Barack Obama

The Inter-Ministerial Group (IMG) which was constituted by the government to respond to the arbitration notice of Vodafone today held the view that the issue of taxation does not fall in the ambit of

Faced with criticism over the proposed amendments to tax laws with retrospective effect, the government may dilute the provisions to allow waiver of penalties on tax demands to be raised on Vodafone-l

India is considering a review of the Double Taxation Avoidance Treaty with Mauritius to raise revenues, Minister of State for Finance S.S. Palanimanickam told lawmakers on Friday.

Indian officials ha

Crumbling road and rail networks, high rate of crime and rising taxes may force at least 500,000 wealthy Britons to leave the country in the next two years, a study has revealed.

More than half a mil

Essar Energy suffered a major financial blow on Tuesday when India's Supreme Court said the firm could no longer defer payment of more than $1 billion in taxes.

The decision sent the company's shares