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Bihar finance minister Modi to head GST panel

GST: States to bargain hard with individual rates
As talks on the implementation of the Goods & Services Tax (GST) pick up steam, states are set to drive a hard bargain on compensation from the Centre for any loss of revenue to these in the new regime. A revenue-neutral rate is being worked out by the National Institute of Public Finance and Policy (NIPFP) to estimate how much each state could lose by shifting to a uniform rate in the GST regime.

Vodafone-like cases can be reopened in 6-yr window
Companies entering into Vodafone-like transactions could now be pursued by the income tax department for up to six years after payment to the seller of a capital asset.

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Many recommendations on DTC to come into effect in 2013-14: FM
With 2014 polls in mind, FM may provide individual tax payers relief despite fiscal constraints

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A K Bhattacharya: The rise of the taxman

An old saying popular with bureaucrats is that a state’s law and order situation goes to the dogs when the chief minister starts directly talking to his director general of police. The

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UN experts call for global financial tax
A group of United Nations independent experts on Monday called on the European Union (EU) to take the lead in promoting the adoption of a global financial transaction tax that would offset the costs of the current economic crisis and protect basic human rights.

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Chiranjeevi denies link to Rs 35 crore stash
Actor-turned-politician Chiranjeevi on Monday said the Rs 35 crores in cash recovered from his daughter Sushmita's residence had nothing to do with him and were aimed at maligning his image.

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