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  • 03/09/2010 :  
    NRIs face tax threat under DTC
    The new direct taxes code could bring a large number of global Indians under the tax net as it does away with a provision that allowed individuals to escape tax in any country citing double tax avoidance. Read full Story The Economic Times September 3,2010

  • 03/09/2010 :  
    Goods, services tax roll-out may miss April 2011 target: Pranab
    It is official now. The country may miss the April 1, 2011 deadline for adopting a dual goods and services tax (GST) system. Read full Story The Hindu Business Line September 3,2010

  • 03/09/2010 :  
    DDA lands in a jam over Rs 758-cr service tax dues
    The country’s leading government housing developer, the Delhi Development Authority (DDA), is in a soup over a nearly Rs 758-crore tax bill slapped on it for allegedly not paying service tax for three years since 2007-08 on the services provided by the body. Read full Story The Financial Express September 3,2010

  • 03/09/2010 :  
    Housing cost goes through the roof
    When Ramesh Tyagi, employed with an MNC, was transferred to Noida recently, he was excited and hopeful of getting a nice accommodation on rent in Asia's biggest planned township with top-class infrastructure. Read full Story Hindustan Times September 3,2010

  • 03/09/2010 :  
    Independent directors' quality matters the most: Irani
    Tata Sons Director Jamshed Irani today said the quality of independent directors matters the most to a company, rather than their numbers or qualifications. Read full Story Business Standard September 3,2010

  • 03/09/2010 :  
    Khullar says DTC provides reprieve to SEZs
    Commerce ministry officials believe Special Economic Zones (SEZs) have escaped revisions to the Direct Tax Code (DTC) relatively unscathed for now, this despite an end to duty-free investments in sight. Read full Story Indian Express September 3,2010

  • 01/09/2010 :  
    Income tax dept gets IT tool to help nab tax dodgers
    Taxmen are expected to soon get an 'IT' fillip in sniffing out unaccounted wealth. The income tax department has developed a 'computer aided investigation tool' that it claims can catch suspicious transactions in the books of accounts. Read full Story The Times Of India September 1,2010

  • 01/09/2010 :  
    Tax incentives for business to be investment-linked
    The Direct Taxes Code (DTC) Bill has proposed to substitute all profit-linked incentives with investment-linked incentives for businesses that enjoy tax sops under the existing law. Read full Story Business Standard September 1,2010

  • 01/09/2010 :  
    Exemption limit for wealth tax to go up to Rs 1 crore
    The Direct Taxes Code (DTC) Bill proposes to raise the exemption limit for imposing wealth tax to Rs 1 crore from Rs 15 lakh at present, a move that will help a lot of taxpayers avoid the levy. Read full Story The Economic Times September 1,2010

  • 01/09/2010 :  
    Parliamentary panel for strict corporate governance norms
    Listed companies across the country will have to follow a strict code of guidelines on corporate governance and any deviations from the code would have to be reported back to the government if the proposals mooted by the parliamentary standing committee on the Companies Bill 2009 are accepted. Read full Story The Financial Express September 1,2010

  • 01/09/2010 :  
    DTC bill to impact employment, investment in SEZs: EPCES
    Expressing serious concerns over the DTC Bill, SEZ entrepreneurs today said the proposed tax provisions would hit employment and drive away investors from the special economic zones. Read full Story Business Standard September 1,2010

  • 01/09/2010 :  
    'Direct tax bill diluted to please industry'
    The Direct Tax Code (DTC) Bill, which was tabled in Parliament on Monday, was a diluted version of the original draft, since the government took into account over 1,600 comments on the proposed law, revenue secretary Sunil Mitra said on Tuesday. Read full Story The Times Of India September 1,2010

  • 01/09/2010 :  
    DTC Bill proposes to plug loopholes in Vodafone-type buyout
    The government has proposed to impose capital gains tax on overseas acquisitions if the acquired company holds over 50 per cent assets in India to plug the loophole that led to Vodafone disputing a tax claim on its USD 11.1 billion deal with Hutchison. Read full Story The Economic Times September 1,2010

  • 01/09/2010 :  
    Builder forged dead man’s signature to grab land: Petition
    Borivli-based Surti Developers, which is redeveloping a chawl in Vile Parle (East), obtained two plots of land for the project by forging a dead man’s signature, a petition filed in the high court in July has alleged. Read full Story Hindustan Times September 1,2010
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