Cost of insurance for property and health could rise next year as proposed taxes on investment income will wipe out whatever margins are left for non-life companies. Balance sheet data for `08-09 of the non-life insurance companies in India reveal th ..
A raft of tax experts and professional bodies including chambers of commerce across the country thinks virtually every line of the new direct tax code may have to be rewritten to shield domestic companies and their operations, both in India and over ..
The insurance claims paid to policy holders in the event of death or disability will be subject to payment of income tax if the new Direct Taxes Code proposals are implemented. The Code proposes that contributions by the insured are subject to the EE ..
Finance Minister Pranab Mukherjee will meet leading industry chambers here on October 9 to discuss issues arising out of the proposed new direct tax regime. The three industry bodies, CII, FICCI and Assocham are expected to take a common stand on the ..
New Delhi: Taxes paid by Indian companies more than doubled in the three months through September, suggesting growth in Asia’s third biggest economy may be strengthening. Advance taxes paid by local companies rose to Rs44,010 crore in the July- ..
A uniform goods and services tax (GST) structure would help resolve most of the tax problems faced by the MSME sector, a survey said. “Introduction of a unified goods and services tax system would resolve most of the tax related challenges the ..
The Central Board of Excise and Customs (CBEC) in the Ministry of Finance, has launched automation of Central Excise and Service Tax (ACES) in Hyderabad Zone recently. It is part of the national roll-out of the automation of ACES. It is a Mission Mod ..
Government investigators probing the erstwhile Satyam Computer Services have found stunning details of how the promoters forged bank accounts, diverted funds and tracked operations. The Serious Frauds Investigations Office has uncovered how the Ramal ..
We are a publishing house. We have entered into an agreement with a UK-based company for providing online access of our books to our specified customers. The said company converts the books into digital format and uploads it on a server located outsi ..
Third party administrators (TPAs) processing health insurance claims and making payments to hospitals for treatment of subscribers in cashless systems would soon have to deduct tax at source from the payments they make to hospitals. The apex direct ..
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