Tax searches remain high in FY20 as officials tap goldmine of data
April-January, the department searched 893 groups, a tad lower than the searches in entire FY19Many of these searches were on real estate developers,
Govt may tweak FPI policy if data shows Chinese investors taking advantage of Covid-19
After tweaking the Foreign Direct Investment (FDI) policy to discourage takeover threats by companies from neighbouring countries, the government is now considering if
With eye on China, govt drops FDI from neighbours from automatic approval list
Spooked by Chinese companies including the country’s central bank and its sovereign funds shopping in Indian stock markets, the government has dropped foreign
COVID-19 thwarts tax planning for several rich individuals and promoters
For several rich Indians who shuffle between countries to avoid staying in India beyond stipulated time or operate foreign subsidiaries through creative structures
Banks and manufacturing companies look at significant deferred tax asset hit on financials
The uncertainty around future taxable profits because of the Covid-19 virus outbreak may lead to write downs or impairments of tax assets at
Covid-19: Companies look for ways to exit pacts
Grappling with an unforeseen pandemic event, many Indian businesses are reviewing old contracts to see whether force majeure clause can be invoked and