Tax India Latest Information

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India, Russia, US, China plan anti-carbon tax talks
India delivered "a strong message" on the carbon tax issue to an EU delegation. -AFP

Retain existing tax rates in Budget: India Inc
Worried over the impact of global financial turmoil on the economy, India Inc today asked the Finance Ministry to retain tax rates at existing levels, but increase exemption limits to promote growth.

World powers 'plan anti-carbon tax talks'
India, Russia, the United States, China and other countries will meet in Moscow this month to decide whether to retaliate against the EU's decision to impose a carbon tax on air travel, a report says.

EU carbon tax: India, Russia, China may impose over-flight charges on European airlines
India, Russia and China may consider imposing over-flight charges on European airlines, if the European Union (EU) continues with its plans of imposing a carbon tax on international airlines operating to the EU. The tax came into force from January 1.

Don’t change tax rates: India Inc to FM
Reeling under the impact of global slowdown and a high interest rate regime, India Inc on Friday demanded that tax rates be retained at existing levels even as FM Pranab Mukherjee expressed concerns about challenges facing the economy.

India mulls Vodafone tax ruling review: report
India will decide by the end of the week whether to seek a review of a Supreme Court ruling dismissing a $2.2 billion tax bill imposed on British phone giant Vodafone, a report said Wednesday.

India, EU try to break logjam over carbon tax
NEW DELHI: The European Union (EU) is willing to consider whether India’s efforts to reduce carbon emissions could qualify for waivers under an EU law that charges airlines for polluting, the 27-nation bloc’s climate chief Connie Hedegaard said.

Keep tax rates at same level; hike exemption limits: India Inc
Worried over the impact of global financial turmoil on the economy, India Inc today asked the finance ministry to retain tax rates at existing levels, but increase exemption limits to promote growth.

Vodafone says India tax victory boosts IPO chances
DAVOS, Switzerland (Reuters) - Vodafone chief executive said the company's victory in a $2.2 billion legal battle against tax authorities in India would help pave the way for a listing of shares in its ...

ANC Study Said to Propose S. Africa Mine Resource-Rent Tax
A study into mine nationalization ordered by South Africa’s ruling African National Congress proposes a 50 percent resource-rent tax rather than taking over operations, a party official who has seen the document said.

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