New Delhi: Finance minister Pranab Mukherjee on Monday deferred the implementation of GAAR (General Anti-Avoidance Rules) to 2013-14. Speaking on amendments in the Finance Bill in parliament, Pranab also said the onus of proof will lie with the tax authorities and that the proposed retrospective amendment of income tax laws will not override DTAAs with 82 countries. Dinesh Kanabar, Deputy CEO & Chairman, Tax at KPMG and Ketan Dalal, Joint...
01:45 PM, May 08, 2012
New Delhi: Uncertain economic conditions in the western markets are working to India's advantage when it comes to foreign direct investment (FDI) inflows into the services sector, which went up by an impressive 62 per cent during April-January last fiscal. The financial and non-financial services sector had attracted FDI worth USD 4.83 billion during the 10-months period of 2011-12 as compared to USD 2.98 billion in the same period of...11:12 AM, Apr 15, 2012
New Delhi: Telecommunications, under limelight in recent months due to the 2G scam, has been voted as the second most corruption-prone sector in India after real estate and construction, according to a survey by KPMG. The survey, covering corporate India, also found that a huge majority of corporates believe India can surpass an annual growth rate of over 9 per cent if corruption is controlled, while self-critically admitting that the...03:47 PM, Mar 14, 2011
Hedge fund star Raj Rajaratnam on insider trading. ...09:12 PM, Nov 16, 2009
Study showed top acquirer of Cos in developed economies was India. ...01:50 PM, Oct 06, 2009
The slowdown is expected to hurt business for another 12 to 18 months. ...11:45 PM, Apr 01, 2009
Satyam's operations are sound, major customers to remain with firm. ...12:14 PM, Jan 16, 2009
Sources says Ramalinga Raju may have played around with accounts format. ...12:14 AM, Jan 16, 2009
Sources say PwC India's Partnership Oversight Board is meeting in Mumbai. ...11:27 AM, Jan 14, 2009
It's a reality many face but few have the courage to speak up against. ...01:57 AM, Jun 21, 2007
Audit firm KPMG's employee claims sexual harassment. But what's harassment? ...03:19 AM, Jun 20, 2007
In most cases, offences are discovered through anonymous tip-offs and rarely through internal controls. ...02:18 PM, Apr 18, 2007
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