Budget 2015: GAAR deferred for 2 years
The Finance Minister Arun Jaitley presenting the Budget in Lok Sabha today proposed to defer the applicability of the General Anti Avoidance Rule (GAAR) by two years.
Feb 28, 2015, 16:45 PM IST
GAAR deferred by 2 yrs; FM says can't create panic in market
To soothe investors' nerves, Finance Minister Arun Jaitley Saturday deferred the controversial General Anti-Avoidance Act (GAAR) by two years, saying its immediate applicability can create 'panic' in markets.
Feb 28, 2015, 14:51 PM IST
No amnesty for tax evaders; govt vows re-look at GAAR
The government Wednesday ruled out any tax amnesty scheme to unearth black money saying it goes against honest taxpayers even as it sought to send out a positive signal to investors by promising a re-look at the controversial GAAR shortly.
Jul 30, 2014, 21:40 PM IST
Govt to take final view on GAAR shortly: Jaitley
Government will shortly take a call on the controversial tax proposal, General Anti-Avoidance Agreement, which was deferred till April 2015 by the UPA regime, Finance Ministry Arun Jaitley on Friday said.
Jul 25, 2014, 18:55 PM IST
India's Finance Bill passed by Lok Sabha
The bill was passed after Finance Minister Arun Jaitley gave his reply to the debate on the budget.
Jul 25, 2014, 13:48 PM IST
India preparing to take final decision on controversial GAAR tax rules: FM
Jaitley did not give a timeline for the decision or more details.
Jul 25, 2014, 13:44 PM IST
Country won't have to wait for long to bring back black money: Arun Jaitley
Jaitley said that all information received from abroad on black money will be given to Supreme Court.
Jul 25, 2014, 12:45 PM IST
Govt has time to review GAAR implementation: Revenue Secretary
The government had earlier proposed imposing the General Anti-Avoidance Rules (GAAR) from April 1, 2015.
Jul 14, 2014, 15:51 PM IST
Govt yet to decide on tougher tax avoidance rules
The general anti-avoidance rules announced by the previous government had sparked alarm among foreign investors.
Jul 14, 2014, 15:08 PM IST
Spotlight on GAAR, Q1 earnings in stock markets this week
With the Union Budget out of the way, Indian stock markets would shift focus to the ongoing quarterly earnings, development on the GAAR front and progress of Monsoon for further cues, say experts.
Jul 13, 2014, 20:32 PM IST
'Govt to take call on GAAR implementation soon'
As per the existing proposal, investments made after March 2013 will be covered under GAAR with effect from assessment year 2016-17.
Jul 12, 2014, 15:33 PM IST
Govt may defer GAAR by a year to improve business sentiment
The government earlier proposed imposing the GAAR from April 1, 2016, for those claiming tax benefit of over Rs 3 crore.
Jun 22, 2014, 12:31 PM IST
ICC seeks lowering corporate tax to 25%
Corporate tax rate in India must be brought down to the global average of 25 per cent to regain the growth momentum, Indian Chamber of Commerce said in its pre-budget suggestions.
Jun 14, 2014, 15:08 PM IST
