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'Fat-finger' trade in equity markets drops by 99%
Instances of the so-called ‘fat-finger trades’ in equity markets came down by over 99 per cent last month after stock brokers were warned by the income tax department and the capital market regulator and asked to follow strict criteria for changing client account details. Changing of client account details due to ‘punching errors’ in updating trades had been a common practice
Instances of the so-called ‘fat-finger trades’ in equity markets came down by over 99 per cent last month after stock brokers were warned by the income tax department and the capital market regulator and asked to follow strict criteria for changing client account details. Changing of client account details due to ‘punching errors’ in updating trades had been a common practice
India completes 16 new tax information pacts
Mumbai, Oct 14 (IBNS) India is playing a major role in the global crusade against black money and has completed negotiations of 16 new tax information exchange agreements (TIEAs), chairman of the Central Board of Direct Taxes (CBDT) M.C. Joshi said on Friday.
Mumbai, Oct 14 (IBNS) India is playing a major role in the global crusade against black money and has completed negotiations of 16 new tax information exchange agreements (TIEAs), chairman of the Central Board of Direct Taxes (CBDT) M.C. Joshi said on Friday.
Hudco to relaunch tax-free bond with higher coupon rates
A tax-free bond Housing and Urban Development Corporation (Hudco) issued a fortnight ago has elicited poor response, prompting the government-owned entity to think of relaunching it with higher
India can access post-April 1, 2011 info
India will be able to access information on money stashed away in Switzerland's banks - but only regarding transactions dating from April 1 this year, thus dashing hopes of opening up earlier cases.
India will be able to access information on money stashed away in Switzerland's banks - but only regarding transactions dating from April 1 this year, thus dashing hopes of opening up earlier cases.
Lower withholding tax on ECB may have to wait
DEA presses firms’ case on infra funds; CBDT says tax sops a problem in FY12
DEA presses firms’ case on infra funds; CBDT says tax sops a problem in FY12
Panel rejects disclosure scheme, new Act to check black money
A government panel on Friday ruled out voluntary disclosure of income scheme (VDIS), framing a new Act and capital punishment as measures to deal with the issue of black money stashed abroad. The
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