From the Economic Times…
How does FBT abolition impact you?
14 Jul 2009, 1400 hrs IST, Manish Shah
TDS assessees must quote correct PAN or pay more tax
13 Jul 2009, 1717 hrs IST
Base transfer pricing on pre-depreciation profits: ITAT
9 Jul 2009, 0332 hrs IST, M Padmakshan
Foreign data providers’ income not taxable
9 Jul 2009, 0246 hrs IST, Souvik Sanyal
Law firms upset about discrimination
8 Jul 2009, 0942 hrs IST, Manoj Mitta
Employees will now have to bear the FBT burden
8 Jul 2009, 0605 hrs IST
Tax havens to come under govt scanner
8 Jul 2009, 0032 hrs IST
Budget 2009-10: The Taxation Story
7 Jul 2009, 1226 hrs IST
Union Budget 2009-10: FM makes life less taxing, more saral
7 Jul 2009, 0700 hrs IST, Tina Edwin
For millions of working people stung by rising cost of living and salary freezes or cuts, Budget comes as a palliative, but not the cure.
Union Budget 2009-’10: Small cos get big tax break
7 Jul 2009, 0602 hrs IST
More than 10 mn micro and small enterprise welcome Budget announcement that gave businesses with annual turnover of less than Rs 40 lakh, option of not maintaining their books of a/cs and pay income tax on fixed 8% .
Union Budget 2009-10: Services relieved as tax rate stays same
7 Jul 2009, 0450 hrs IST, Deepshikha Sikarwar
Service providers have a reason to cheer, with the finance minister Pranab Mukherjee keeping the service tax rate unchanged at 10%.
Union Budget 2009-10: No PAN card, shell out more
7 Jul 2009, 0445 hrs IST, M Padmakshan
If you don’t have a permanent account number (PAN), your tax deducted at source (TDS) could be higher.
Union Budget 2009-10: Corporate India’s tax liabilities go up as MAT raised to 15%
7 Jul 2009, 0439 hrs IST, Hema Ramakrishnan & Bakul Chugan Tongia
FM has proposed a five percentage point hike in the minimum alternate tax (MAT) paid on book profits, taking the effective MAT rate to around 17% from 11%.
Union Budget 2009-10: FM offers faster solution to cross-border tax disputes
7 Jul 2009, 0419 hrs IST, M Padmakshan
Disputes between multinational companies and Indian tax authorities now stand a better chance of quick resolution, with the government announcing the setting up of a collegium of commissioners to look into the issue.
Union Budget 2009-10: Tough on evaders, Saral for SMEs
7 Jul 2009, 0352 hrs IST, Bakul Chugan Tongia & N Shivapriya
New tax proposals in the Budget make it tougher for tax evaders, and simpler for small businesses to file returns.
Union Budget 2009-10: Tax sword hangs on non-lifers
7 Jul 2009, 0245 hrs IST, Mayur Shetty & Debjoy Sengupta
Non-life insurance companies will lose a big chunk of their investment income to the taxman.
Union Budget 2009-10: Cos’ political donations get official acceptance
7 Jul 2009, 0235 hrs IST, M Padmakshan
The Budget has proposed to provide 100% tax exemption to electoral trusts.
Union Budget 2009-10: LLP to be taxed like general partnerships
7 Jul 2009, 0231 hrs IST, Hema Ramakrishnan
Union Budget 2009-10: FBT abolition to cut cos’ tax burden & compliance costs
7 Jul 2009, 0226 hrs IST, Hema Ramakrishnan
The Budget seeks to cut compliance costs for taxpayers and sprinkles some sweeteners, but lacks a road map for future reforms.
Indirect tax rates unchanged, exchequer to take a hit
6 Jul 2009, 1607 hrs IST
The government on Monday retained the broad rate structure for all indirect taxes, which will dent its kitty under this head by 16.11 per cent this fiscal compared to projections a year ago.
Income Tax exemption limit increased, corporate tax rate unchanged
6 Jul 2009, 1530 hrs IST
Direct Taxes Code to simplify tax structure in 45 days
6 Jul 2009, 1456 hrs IST
The government on Monday promised to come out within 45 days with a framework for the Direct Taxes Code that will simplify tax structure.
‘Advance pricing to boost offshoring’
6 Jul 2009, 0443 hrs IST
APA is a pact between a taxpayer and tax authorities that allows both to set out in advance the method of determining transfer pricing for inter-company deals.
