sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« News Headlines »
 Companies (Appointment and Qualification of Directors) Sixth Amendment Rules, 2018.
 Easier tax refund regime for exporters in the works
 Income tax on your gold and real estate investments
 Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 117(1A) of the Central Goods and Service Tax Rules, 2017 in certain cases
 How RBI dealt with the crisis amid tensions with FinMin
 Pay tax on this PF account withdrawal Income tax return (ITR) filinga
 Seeks to make amendments (Ninth Amendment, 2018) to the CGST Rules, 2017.
 How govt is dealing with tax evasion, corporate fraud
 How to check income tax return (ITR) status
 Second instalment of advance tax due on 15 September
 Missed the deadline for filing India ITR? Here is what you can do

Murthy for corporates foregoing tax waiver
January, 18th 2007
Infosys Chairman N R Narayana Murthy today called upon corporates to forego the benefit of wealth tax waiver and set an example in ethical behaviour. 
 
Speaking at a meeting organised by CII on ethics in business, he said the business leaders had to adhere to ethical behaviour if they were to race ahead of others. 
 
Indian tax rates were one of the lowest in the world, he said. Wealth tax has also been rationalised and there is also no tax on dividends. Several of us get tax exemptions that we definitely dont need or deserve, he said. 
 
We pay taxes in Singapore, in the US, in every other country. But we dont want to pay taxes in our own country. I think it is silly. We as corporate leaders must stand up to say that this is not correct, he said. 
 
He said in a country where 300 million people earn less than one dollar a day, it is not fair, he said. 
 
Narayana murthy however seemed to defend the business men when asked why they were not as forthcoming as corporate leaders elsewhere in the world when it came to philanthrophy.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Team

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions