CBDT to settle foreign funds' claims within a month
The Income Tax department has directed its officers that cases of foreign institutional investors (FIIs) seeking tax exmption under the Double Taxation Avoidance Agreements (DTAAs) with other countries must be decided within a month of claim filing.
Apr 27, 2015, 19:06 PM ISTCBDT to settle FII tax claims under DTAAs in a month
Seeking to quickly resolve the controversial tax issue facing foreign portfolio investors, the CBDT on Friday said all claims coming under the ambit of DTAAs will be settled within a month of being filed.
Apr 24, 2015, 23:08 PM ISTFinance Ministry declines to share details on black money probe
Citing national security and confidentiality clauses, Finance Ministry has declined to disclose information on exchange of correspondence among India, Swiss and German authorities in connection with the black money probe.
Dec 09, 2014, 15:26 PM IST