Indirect tax collection below target, up 13.8% in April-June

Indirect tax collections during the April-June period rose by 13.8 percent to over Rs 1.07 lakh crore, much slower than the targeted 27 percent  growth for this fiscal.

“The overall indirect tax figure for April-June 2012 stood at Rs 1,07,959 crore,

Mauritius assures India on resolving differences on tax treaty

Mauritius today assured India that it will look into the controversial aspects of its tax treaties offered to businessmen here to use the island nation as a springboard for investments in Africa.

“If there is room for improvement, we will constantly make room for

There will be no arbitrariness in tax matters: PM

Against the backdrop of the controversy over Vodafone tax issue, Prime Minister Manmohan Singh today sent out clear signals to foreign investors saying there will be “no arbitrariness” in tax matters.

“We want the world to know that India treats everyone fairly and reasonably