No dichotomy between assurances and action on retrospective tax: Jayant Sinha
Dismissing notions of contradiction between ministerial assurances and departmental actions on retrospective taxation, Union Minister Jayant Sinha on Thursday said Income Tax department has to follow "due process of law" in the Rs 8,500-crore Vodafone transfer pricing case.
Apr 07, 2016, 22:06 PM IST
GST to roll out soon; retrospective taxation thing of past: PM Modi
Promising easier business environment for global investors, Prime Minister Narendra Modi on Sunday said retrospective taxation has been relegated to history, but he is "not able to do anything" on two pending cases from the previous government as "they are sub-judice".
Apr 03, 2016, 16:07 PM IST
Recovery process of Rs 29,000-cr tax to continue till Cairn takes settlement: Govt
Close on heels of Income Tax Department slapping a Rs 29,000-crore tax demand notice on Cairn Energy, the government on Wednesday said normal recovery process will continue till the British firm takes one-time settlement offered in the Budget
Mar 16, 2016, 18:23 PM IST
Retrospective tax not fully addressed in Budget: UK investors
The Indian Budget has received a positive response from the UK-based Indian business community but the issue of retrospective taxation was flagged as a concern by them.
Mar 03, 2016, 22:48 PM IST
Make in India Week: PM Narendra Modi promises stable tax regime, more reforms
Modi said that India is probably the most open country for Foreign Direct Investment (FDI), which has increased by 48 percent since the BJP government came to power in May 2014.
Feb 13, 2016, 19:59 PM IST
Retrospective tax issues: Govt open to out-of-court settlement
Keen to put an end to the overhang of legacy issues, the government is open to any proposal for an out-of-court settlement of retrospective tax issues like the ones facing Vodafone and Cairn Energy.
Dec 27, 2015, 11:44 AM IST
'Misadventure' of retrospective taxation will be costly: FM Jaitley
Ruling out the use of retrospective taxation by the present administration, Finance Minister Arun Jaitley has said a permanent law in this regard is not possible and the cost would be "too heavy" if any future government indulges in such a "misadventure".
Apr 18, 2015, 12:51 PM IST
Govt against high taxation; both pro-business, pro-poor: FM
Union Finance Minister Arun Jaitley on Saturday said the Narendra Modi government does not believe in a high taxation regime but is being pro-business and pro-poor at the same time.
Aug 16, 2014, 18:35 PM IST
Retro tax was a retrograde step: Arun Jaitley
He stressed that low taxation is good for the economy and he has tried to pursue it in his budget with a view to giving a fillip to manufacturing sector.
Jul 25, 2014, 10:08 AM IST
Need to correct lopsided subsidy policy: FM
Replying to the Budget debate in the Lok Sabha on Friday, Finance Minister Arun Jaitley emphasised that politicians must rise above party politics to bring back the economy to high growth trajectory.
Jul 18, 2014, 15:18 PM IST
