Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: empanelment :: form 3cd :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: list of goods taxed at 4% :: cpt :: VAT Audit :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: TDS
 
 
« News Headlines »
 GST registration mandatory for TDS entities
 Govt rules out extension for filing GSTR-3B returns after December
 Tax department’s e-filing portal out of action for 2 hours
 Use ITR-2 to show salary and capital gains income
  TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
  How to file ITR for FY 2016-17 and all the links you need
 All about E-way Bill under GST
 Good and simple tax: on the GST regime
 Seeks to extend the time limit for filing of GSTR-1, GSTR-2 and GSTR-3
 Good news, find Tax Return Preparers soon at a place near you; 5 things to know
 Filing of GST return

Indian tax laws not conducive to M&As: PWC
September, 18th 2008

Indian tax laws are not conducive to mergers and acquisitions and restructuring of businesses, says a survey conducted by global consultancy firm PricewaterhouseCoopers.

"As per the survey, an overwhelming majority (90 per cent) does not see existing laws as being completely tax neutral and conducive to group restructuring," PricewaterhouseCoopers Executive Director Ajay Kumar said while releasing the survey report.

The current M&A tax policies did not adequately support companies in achieving their objective of raising fund, streamlining business structures and global consolidation, he said.

There was a vast scope, he said, for the government to introduce regulations that streamlined M&A laws to make it more cost-effective and beneficial.

Besides, the survey also indicated that over 75 per cent of tax disputes arise due to differences over interpretation by companies and the tax authorities.

Indirect tax was voted as the most challenging area in the fiscal framework followed by transfer pricing, though transfer pricing was set to overtake indirect taxes in the next couple of years, he said.

As many as 70 companies across different sectors, which were part of the survey, felt that the present tax structures could be made more conducive to business growth, he added.

About 75 per cent of the respondents said that direct tax compliance had become onerous, while 54 per cent felt the same for indirect taxes.

According to Budget 2008-09, indirect tax collections are estimated at Rs 3,21,264 crore during the current fiscal, while direct tax collection target has been revised from Rs 3.65 lakh crore to about Rs 4 lakh crore.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions