Central Board of Direct Taxes (CBDT) chairman Nitin Gupta said that the department will be sending notices to only those taxpayers for which it had definitive information.
While Narayana Murthy said he has no regret for his previous statement, he said he did not think 70 hours was important. "All that it means is you have to be very productive."
S&A Law Offices, a leading full-service law firm has announced its significant win at the recently held Economic Times Global Legal Convention & Awards. The firm has bagged the prestigious Top...
Tesla is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on its vehicles to 15% for the first two years of operations, the Economic Times reported on Friday. Reuters reported in August that India is working on a new EV policy to slash import taxes to as low as 15% - compared to the current 100% on cars priced above $40,000 and 70% for the rest - in exchange for a commitment to some local manufacturing. The government is examining the viability of Tesla's proposal to invest $2 billion but wants to reduce the number of cars imported on a lower duty, compared to Tesla's proposal, the Economic Times said.