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Senior IRS Officer Kamlesh Varshney, SEBI's ED Amarjeet Singh Appointed as Whole-time Members

The Union government has appointed Kamlesh Varshney and Amarjeet Singh as whole-time members of the market regulator Securities and Exchange Board of India (SEBI) for the next three years. ....

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Kamlesh Varshney, Amarjeet Singh to join Sebi as wholetime members

In two separate notifications, the department of economic affairs of the finance ministry said both the appointments are for three years from the date of assumption of charge or until further orders, whichever is earlier. The new members will fill in the vacancies created by the retirement of Ananta Barua and SK Mohanty. ....

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Kamlesh Varshney JS In Fin Min Favourite For Sebi Whole time Member Post Source

Two whole-time member posts are up for grabs at Sebi, While Varshney is a favourite for one, two Sebi insiders Pramod Rao and VS Sundaresan, both currently serving as executive directors, are the front runners for the other post, , Kamlesh Varshney, sebi ....

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Taxman wants more data to drive voluntary compliance

New Delhi [India], November 10 (ANI/Mediawire): The tax compliance requirements for companies are changing as the tax department wants more information ....

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equalisation levy: CBDT may take a look again at equalisation levy

Synopsis
In cases where a local buyer and seller transact over a foreign e-commerce platform, a straight imposition of the equilisation levy on the total consideration would amount to double taxation.
Mumbai: The Central Board of Direct Taxes (CBDT) may relook at the ‘equalisation levy’ for purchases where Indian businesses use overseas ecommerce platforms to sell goods and services to Indian consumers.
The 2% levy paid by foreign ‘ecommerce operator’ on gross consideration attempts to address tax challenges in an increasingly digital economy.
But in cases where a local buyer and seller transact over a foreign e-commerce platform, a straight imposition of the equilisation levy on the total consideration would amount to double taxation. ....

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