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Total 812 results found. Search for [ taxpayer ]

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London, May 8, 2013
Global banking major HSBC has said it may face \"significant\" penalties from the US authorities with regard to an ongoing probe into suspected tax evasion by the US-based clients of its Indian unit, among other cases.

Dipak Mondal/Money Today
May 14, 2013
India has signed Double Taxation Avoidance Agreement with many countries. The aim is to avoid double taxation of same income. The treaty can be bilateral, that is, apply to only the two countries in question, or multilateral. These treaties benefit institutions and individuals who earn in countries other than their country of residence.

New Delhi, March 14, 2013
The Revenue Department warns that the 73,388 self-assessment tax defaulters, who owe Rs 3,859 crore to the exchequer, would face penal action if they failed to clear their dues by March 31.

Team Money Today
February 28, 2013
Loans up to Rs 25 lakh for the first home will be eligible for an additional tax deduction of Rs 1 lakh for interest payments.

Anand Adhikari
February 23, 2013
Rajesh Sud, CEO & MD of Max Life Insurance, says the Indian life insurance market faces numerous challenges for growth and is among the least profitable across Asia.

Pritam P Hans
February 15, 2013
Planning for saving tax should start early in the year. However, it's still not too late to integrate tax-saving with long-term financial goals.

New Delhi, January 17, 2013
Finance Minister P Chidambaram on Thursday said the government is committed to moderate tax rates and is working towards modernising administration to minimise transaction cost and maximise taxpayer convenience.

Associated Press
New York, January 10, 2013
American International Group Inc (AIG) has decided against suing the federal government over the $182 billion bailout that saved the giant insurance company from collapse.

Associated Press
New York, December 5, 2012
Citi said that it will sell or scale back consumer operations in Pakistan, Paraguay, Romania, Turkey and Uruguay and focus on 150 cities around the world \"that have the highest growth potential in consumer banking.\"
November 27, 2012
The income tax department has upgraded its e-filing website with a better look and more features.
October 20, 2012
People who made news last fortnight, featuring Vikram Pandit, Charles Bernard, Kumud Srinivasan and more.

BT Online Bureau
New Delhi, October 7, 2012
Coca-Cola India Pvt has entered into an endorsement agreement with megastar Salman Khan for its brand Thums Up.

Mumbai, September 18, 2012
After a string of Rs 100 crore grossing films including \"Dabangg\", \"Ready\", \"Bodyguard\" and \"Ek Tha Tiger\", actor Salman Khan has emerged as the highest taxpayer from the tinsel town for the September quarter.

Associated Press
Karlsruhe, Germany, September 12, 2012
The Federal Constitutional Court on Wednesday rejected requests for an injunction blocking ratification of the European Stability Mechanism - a new, permanent $638.8 billion bailout fund for the 17 countries that use the euro.

Sanjiv Shankaran
September 17, 2012
Finance Minister P. Chidambaram is busy undoing his predecessor's tax legacy. He is taking the much-needed policy initiatives to bridge the trust deficit with foreign investors.

London, June 26, 2012
Under intense pressure from customers and others for an IT failure that affected the transactions of millions of customers, the Royal Bank of Scotland (RBS) has said there was no link to its outsourcing programme to India.

Associated Press
Washington, June 13, 2012
JPMorgan Chase CEO Jamie Dimon told Congress on on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company.

Sanjiv Shankaran
June 4, 2012
Government's GAAR proposal and the retrospective amendment are not discrete developments, but part of a trend that suggests an increasing level of aggression by tax officials. Aggression could eventually increase revenue, but comes with a problem. It has begun to negatively impact foreign investment into Indian companies.

S.P.S. Pannu
New Delhi, May 23, 2012
There has been a surge in information from foreign governments following the signing of new treaties with various countries and offshore financial centres.

New York, May 15, 2012
US President Barack Obama says the $2 billion trading loss by one of the best managed banks demonstrates the need for reform at Wall Street.

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