At 65, is the new Information Technology Minister of Karnataka too Old? Or Are We Biased?

At 65, is the new Information Technology Minister of Karnataka too Old? Or Are We Biased?

The choice of S R Patil, a 65 year old politician as the IT minister didn’t go well with some members of the civil society.

Advertising Online? No Need to Deduct Tax at Source Says Income Tax Tribunal

Last month, the tribunal in Kolkata said that a company which pays Google or Yahoo to advertise their business does not have to deduct taxes at source on the money spent for advertising.

Finland Talks to India on Nokia’s $370 mn Tax Dispute

Nokia confirmed that the Finnish government has invoked the Double Taxation Avoidance Treaty between India and Finland but declined to comment further.

Consolidated FDI Policy Says No to Foreign Investment in e-tailing

Consolidated FDI Policy Says No to Foreign Investment in e-tailing

The government, which released the consolidated FDI policy on Friday, re-iterated that e-commerce companies can not retail directly to consumers. However, they can engage in b2b retailing.

Now Samsung Asked to Pay Over $200 mn in Taxes in India

Now Samsung Asked to Pay Over $200 mn in Taxes in India

Samsung is one of many companies in India that have been asked to pay tax dues. Many multi national companies, including Finnish phone maker Nokia, search giant Google and oil company Shell are being asked to pay up.

3 perceptions techies need to change in the business world [Sponsored Post]

Techies can make great business leaders because of increased use of technology in business, their comfort with collaboration and a more global sensitivity.

Apparel Giant GAP Threatens to Sue Tiny 'Green The Gap' Up-cycling Store

Apparel Giant GAP Threatens to Sue Tiny ‘Green The Gap’ Up-cycling Store

Green the Gap, the Delhi based up-cycling store run by the NGO Swechha, is being threatened with a potential law suit by American apparel retailing giant GAP for allegedly infringing upon the retailers trademark.

Nokia Asked to Pay Up $370 mn in Taxes & Fine: Report

Finnish phone maker Nokia has been asked to pay Rs 2,000 cr (~$370 mn) in taxes and penalties by the Income Tax department for allegedly evading taxes.

Ericsson Sues Micromax for Rs 100 cr, Alleges Patent Violation [Prices Likely To Go Up]

Ericsson, has sued India’s fastest growing tablet and smartphone maker Micromax for patent infringement, seeking Rs 100 cr in damages after negotiations between the two companies failed to reach a deal on licensing agreement.