Tax law is the codified system of laws that describes government levies on economic transactions, commonly called taxes.

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Pranab Mukherjee
India Delays Tax-Dodge Rule That Riled Foreign Investors

By IBTimes

India has delayed for a year the implementation of controversial rules, first announced in mid-March, to combat tax-avoidance, Finance Minister Pranab Mukherjee told lawmakers in New Delhi on Monday. (May 07)

MORE TOPICS: STANDARD CHARTERED BANK, COURT, TAX POLICY, INDIA, SUPREME COURT, LONDON

Finance Minister Pranab Mukherjee
India Defers Retrospective Taxation Move; Market And Rupee Cheer

By IBTimes

In an interim relief to the foreign investors, Indian Finance Minister Pranab Mukherjee Monday said that the government would delay the implementation of the General Anti-Avoidance Rules (GAAR) by one year. (May 07)

MORE TOPICS: INDIA

Rupee
India’s Central Bank Intervenes To Protect Weak Rupee; Trade Deficit And Tax Law Impacting Foreign Investment

By IBTimes

The sharp decline in the Indian rupee coupled with strong demand for the dollar forced the Reserve Bank of India (RBI) to intervene and announce measures to ease the pressure on of the rupee. (May 05)

MORE TOPICS: HSBC, INDIA, RBI, INVESTMENT

India's Finance Minister Pranab Mukherjee
India Allays US Allegations That Retrospective Tax Law Amendments Are Discriminatory

By IBTimes

India on Friday allayed US allegations that the proposed retrospective amendments to the Indian tax laws are discriminatory and will adversely impact the US investments. Indian Finance Minister Pranab Mukherjee told Lok Sabha that the proposed ame... (Apr 28)

MORE TOPICS: MANUFACTURING, INDIA, INVESTMENT

Finance Minister Pranab Mukherjee
Pranab Mukherjee Clears Foreign Investors' Concerns Over India's Tax Amendments

By IBTimes IN

Finance Minister Pranab Mukherjee addressing a gathering in Washington on Friday termed concerns of US investors over tax amendments in India as "unfounded". (Apr 21)

MORE TOPICS: TIMOTHY GEITHNER, INDIA, INTERNATIONAL MONETARY FUND, INVESTMENT, SETTLEMENT

US Treasury Secretary Tim Geithner
Retrospective Tax Law: US Seeks Reassurance From India

By IBTimes

US Treasury Secretary Timothy Geithner pressed India’s Finance Minister Pranab Mukherjee on Thursday for reassurance that New Delhi welcomes foreign capital and remains committed to boosting bilateral trade and investment, following concerns connect... (Apr 20)

MORE TOPICS: LONDON STOCK EXCHANGE, TIMOTHY GEITHNER, INDIA, INTERNATIONAL MONETARY FUND, INVESTMENT, LONDON, M&A

NY state sues Sprint for more than $300 million over taxes

By Reuters

The state of New York on Thursday sued Sprint Nextel Corp for more than $300 million, accusing the company of tax fraud by deliberately not collecting or paying millions of dollars of taxes for its cell phone service. (Apr 19)

MORE TOPICS: COURT, NEW YORK, ATTORNEY GENERAL, SUPREME COURT, LAWSUIT

Sprint Nextel Corp., which is the third-biggest mobile service provider in the U.S., has been sued by New York City for allegedly not collecting or paying millions of dollars in taxes. Though Sprint denies these accusations, the company stands to pay more
Sprint Sued By New York For $300 Million; Service Provider Denies Tax Fraud

By IBTimes

Sprint Nextel Corp., which is the third-biggest mobile service provider in the U.S., has been sued by the state of New York for allegedly not collecting or paying millions of dollars in taxes. Though Sprint denies these accusations, the company stand... (Apr 19)

MORE TOPICS: COURT, NEW YORK, ATTORNEY GENERAL, SUPREME COURT, LAW FIRM, LAWSUIT

New York state sues Sprint for more than $300 million over taxes

By Reuters

The state of New York on Thursday sued Sprint Nextel Corp for more than $300 million, accusing the company of tax fraud for deliberately not collecting or paying millions of dollars of taxes for its cell phone service. (Apr 19)

MORE TOPICS: COURT, NEW YORK, ATTORNEY GENERAL, SUPREME COURT, LAWSUIT

U.S. Supreme Court
Supreme Court Likely To Advance Health Care Case After 1st Day of Arguments

By IBTimes

The justices Monday heard debate as to whether Americans can challenge the Affordable Care Act's insurance-purchase requirement even though that part of the law isn't scheduled to take effect until 2014. (Mar 26)

MORE TOPICS: COURT, SUPREME COURT, LAWSUIT, LAWYER

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