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| Tax code balances expectations of taxpayers, administrators | 19-OCT-09 |
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| Two months after the draft of the New Direct Taxes Code (Code) was released, the Ministry of Finance (MoF) facilitated a power-packed formal 'Interactive Session' with the trade and industry last week. The session was attended by over 100 tax technocrats comprising ‘who’s who’ in the tax fraternity, chief of country’s three leading chambers of commerce and was chaired by the Finance Minister. |
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| Many bailed out US firms see steep stock mkt losses | 11-SEP-09 |
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| Billions of dollars of taxpayers' money may have bolstered Wall Street giants in fighting the financial turmoil but stocks of many such entities like Citigroup have plunged 75 per cent in just one year. |
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| Taxmen turn to computers for detecting frauds | 10-JUN-09 |
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| In the wake of recurrent corporate frauds, the income tax department has decided to use a new computer-assisted tool for detecting suspicious entries in the accounts of taxpayers. |
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| Jonathan Weil: Bank of America owners declare war on taxpayers | 03-MAY-09 |
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| The votes are in at Bank of America Corp. And the message to America is unmistakable: It’s them versus us. The big news from Bank of America’s annual meeting this week was that a majority of shareholders are content with the performance of the company’s directors. All 18 of them, including CEO Kenneth Lewis, were re-elected with at least 63 per cent of the votes cast. All except Lewis and lead director Temple Sloan got more than 72 per cent. |
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| AIG's US failure would cripple world's banks | 10-MAR-09 |
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| American International Group Inc appealed for its fourth US rescue by telling regulators the company’s collapse could cripple money-market funds, force European banks to raise capital, cause competing life insurers to fail and wipe out the taxpayers’ stake in the firm. |
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Content Guide
