The Indian government is confident that the indirect tax collection target of $90 billion in 2012-13 will be met, says finance minister Pranab Mukherjee.
India’s finance minister, Pranab Mukherjee, has said that tax cases settled before April 1 will not be reopened, in a move which aims to allay investor fears over the retroactive amendment announced in March’s budget, though advisers warn investors that the statement is superficial.
The Maltese Labour Party and the Malta Business Bureau have rejected the EU’s proposal for a common consolidated corporate tax base (CCCTB), saying it could damage the country’s economic interests.