M Padmakshan

  • MNCs' Esop variant in tax net

    MNCs' Esop variant in tax net

    Share Appreciation Rights (SAR), an innovative compensation package offered by many MNCs to their senior employees, will be taxed.

    Wine market approaches 1 mn cases mark

    Wine market approaches 1 mn cases mark

    All eyes are on the Indian wine market which is now on the threshold of its first major milestone, crossing the one million cases mark in 2008.

    Now, Roy to export wines to Canada and S America

    Now, Roy to export wines to Canada and S America

    Just when Vijay Mallya-led UB group announced its plans to export Indian wines to France, the UK and New Zealand, a first timer in the business of Indian wines too has revealed plans to export wines made in Maharashtra to overseas markets.

    ITAT spares Galileo from paying tax

    ITAT spares Galileo from paying tax

    Galileo International, a computer reservation service (CRS) company specialising in electronic booking of air tickets, has been exempted from paying tax, thanks to an Income Tax Appellate Tribunal (ITAT), Delhi bench’s order.

    You can go tax-free at your employer's cost

    You can go tax-free at your employer's cost

    Good news for salaried taxpayers, in case your employer picks up your tax liability, this perquisite of tax-free salary will not be taxed again. Globetrotters under tax net

    I-T dept plans to cash in on Voda’s diverging statements

    I-T dept plans to cash in on Voda’s diverging statements

    The income tax department, which is in the middle of a legal showdown over the taxability of the recently-concluded $11-billion Vodafone-Hutchison Telecom International (HTIL) deal, is gearing up to use Vodafone’s statements to support the department’s claim for a $2-billion capital gains tax.

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