Minister of State for Finance Jayant Sinha said this in written reply to a question in the Lok Sabha regarding top MNCs approaching Income Tax Department for resolution of disputes.
Posts tagged MC
Govt appoints arbitrators in MNCs’ tax dispute cases: Sinha (11-12-2015)
TCS, ITC biggest wealth creators during 2010-15: Study (11-12-2015)
According to wealth creation study conducted by financial services company Motilal Oswal, TCS created wealth worth Rs 3,458 billion for the period 2010-15, followed by ITC (Rs 1,565 billion) and HDFC Bank (Rs 1,540 billion).
PE investments hit record high of $14 bn in Jan-Sep (11-12-2015)
According to the PwC MoneyTree India report, a quarterly study of private equity investment activity based on data provided by Venture Intelligence, the third quarter has seen investments doubling compared to the same period last year when USD 2.9 billion worth of transactions were announced.
Unhappy with state of affairs at AirAsia India: Arun Bhatia (11-12-2015)
“If you ask the CEO (of AirAsia India) what is happening, he says sir what can I do? I don’t have any information, everything is controlled by Malaysia, that is the situation today. “I am quite unhappy with whatever is happening,” says AirAsia India’s minority shareholder Arun Bhatia
US oil breaks below $36, hits fresh 2009 lows (11-12-2015)
Brent slipped below $39 per barrel for the first time since December 2008 as the IEA, which advises developed nations on energy, warned that demand growth was starting to slow
Chennai floods to have material impact on Q3 revenues: TCS (11-12-2015)
TCS said other than mission critical activities, normal business functioning of its facilities in Chennai had to be halted all week since December 1 due to the extreme weather conditions and flooding of the city after incessant rains.
New diesel-run vehicles not to be registered in Delhi: NGT (11-12-2015)
The green panel directed all the public authorities, Corporations, DDA, Police and other Public Department to prepare and submit an action plan for phasing out diesel vehicles, particularly the trucks being used by all these bodies by January 6, the next date of hearing.
NTPC raises Rs 500cr via private placement of secured NCDs (11-12-2015)
The proceeds will be mainly utilised to finance capital expenditure of the company, NTPC said.
Wealth creating cos: How these industry titans did it! (11-12-2015)
Adi Godrej, chairman, Godrej Group, said chasing high return on equity should not be the focus of any management. He said streamlining businesses processes and capital management are key to strong growth
Govt garners Rs 12,701 cr from disinvestment in FY16 so far (11-12-2015)
Government sold part of its stake in REC, PFC, Dredging Corp of India and Indian Oil Corp to raise a total of Rs 12,701.33 crore this year so far, Jaitley said in the Lok Sabha on Friday.