I-T dept open to reducing withholding tax for companies
The income tax department is open to lowering the withholding tax rate for foreign companies which have income in India, a senior official said on Wednesday.
Aug 23, 2017, 14:19 PM IST
Cairn accuses finmin official of ordering dividend freeze
British oil firm Cairn Energy plc has accused a senior finance ministry official of "privately" advising billionaire Anil Agarwal-led Vedanta Group to withhold its dividend income for a potential squaring off of a retrospective tax liability.
May 01, 2017, 16:43 PM ISTCairn India takes authorities to court over $3.3 billion tax demand
Cairn India Ltd, India's largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a USD 3.3 billion tax demand from Indian authorities related to its listing in 2007.
Apr 07, 2015, 10:29 AM ISTMFs rope in KPMG to comply with new US tax law
Indian mutual funds have roped in global consultant KPMG to help them prepare for the Foreign Account Tax Compliance Act (FATCA) - a new law enacted by the US to help combat tax evasion by Americans through overseas entities including in India.
Aug 26, 2014, 13:55 PM IST