The government today said that it would not be able to table the new Companies Bill that was expected to be enacted by the end of this year, in the Parliament’s winter session. Failing to meet the earlier deadline of tabling the Companies Bill 2009 i
The Central Board of Excise and Customs (CBEC) has issued show-cause notices to Citibank NA and Kingfisher Airlines Ltd for not paying service tax related to their sponsorship of the Indian Premier League (IPL), according to two officials familiar wi
Supreme Court has asked the finance ministry and Central Board of Direct Taxes (CBDT), the apex body in charge of administering India’s taxation system, to amend transfer pricing, or TP, laws if it wishes to bring domestic transactions under their ambit.
The government plans to keep a tight vigil on foreign investment inflows by making it mandatory for companies bringing in foreign equity to periodically disclose the end-use of such funds. The Economic Intelligence Council (EIC), led by finance minis
Permanent Account Number (PAN) and Tax Deduction and collection Account Number (TAN) allotted by the Income Tax Department should be mentioned. TAN is mandatory in cases where-
Details of changes in VAT audit report format Version 1.2.1 1. Part 1- 2(B)(b) Schedule and annexure as applicable to be ticked, compare to be score out which were not applicable. A welcomed change, in earlier report no one was took effort to
