Nokia moves forward towards arbitration in India tax dispute

Finland’s Nokia has taken an initial step towards seeking international arbitration to resolve the multi-million dollar tax disputes related to its manufacturing plant in Chennai, sending a letter to the Prime Minister under the bilateral treaty between the two countries. “Nokia is keen to work with authorities in India to resolve the tax disputes. As […]

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Published on : Tuesday 20 May 2014              Catagory : News No Comments

P Chidambaram clears postings of over 100 income tax officials

Even as the results for the new government were declared on May 16, P Chidambaram, in one of his last decisions as finance minister, cleared over 100 postings of officers of the rank of commissioners and director and joint director of income tax. According to a circular issued by the Central Board of Direct Taxes […]

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Published on : Tuesday 20 May 2014              Catagory : News No Comments