Otmane El Rhazi : Rs 200 cr production loss on industrial disputes in 2014

Otmane El Rhazi from Moneycontrol Economy News.

Rs 200 cr production loss on industrial disputes in 2014 However, the number of strikes and lockouts during the last few years has not shown an increasing trend, Labour Minister Bandaru Dattatreya during question hour. He said that in 2013, there was Rs 431 crore worth of production lost due to 200 industrial disputes, involving 10,59,749 workers.

Otmane El Rhazi : Govt mulling high-level panel on tax issues: Arun Jaitley

Otmane El Rhazi from Moneycontrol Economy News.

Arun Jaitley Explaining the levy of MAT on foreign portfolio investors, Arun Jaitley said the decision was taken not by the government, but by quasi-judicial bodies, which were created well before the present government came to power to reassure investors that the tax system would be free of political interference.

Otmane El Rhazi : All MAT tax claims under DTAA to be settled in a month

Otmane El Rhazi from Moneycontrol Economy News.

All MAT tax claims under DTAA to be settled in a month The move is aimed at quickly resolving the controversial tax issue facing foreign portfolio investors. The Income Tax Department has sent notices in 68 cases to FIIs for payment of dues totalling Rs 602.83 crore towards Minimum Alternate Tax (MAT).