State-owned Indian Oil Corporation (IOC), Oil India (OIL) and Bharat PetroResources (BPRL), among themselves, will pay Russia’s Rosneft $3.3 billion…
Tax sleuths have tracked down undisclosed income or ‘black money’ to the tune of `13,000 crore parked overseas by Indians,…
ONGC will have to bear a heavy loan repayment burden if it buys more than 50% equity stake in the…
The oil price fall on Friday after the UK’s vote to leave the European Union could be beneficial to India…
GAAR would apply to any arrangement, irrespective of the date it has been entered into, if tax benefit is obtained…
The finance ministry has directed I-T officials to intensify the efforts to make the Income Declaration Scheme (IDS) successful.
The tax department has set an ambitious target to dispose of as many as 1.33 lakh appeals lying before the…
Elections bring bounties with it. In the first 45 days since the Pradhan Mantri Ujjwala Yojana (PMUY) was launched on…
Russia’s Gazprom PJSC, the world’s biggest natural gas producer, is stepping up supplies to India.
In a move that could make leveraging of start-ups easier, the government has removed the ‘angel tax’ levied on a…
The report reveals drastic rise in number of non-filers from 22 lakhs to 59 lakhs. North Block wants the income…
Excise and service tax audits had long been the taxpayer’s nightmare with the authorities selecting cases almost randomly, subjecting even…
The window of the Direct Tax Dispute Resolution Scheme announced in the Budget FY17 opened on June 1, but experts…
The board of ONGC Videsh (OVL) has put on hold a proposal for acquisition of 11% in Rosneft’s Vankorneft that…
India’s flagship natural gas transportation firm GAIL (India) has suggested the government meet the entire estimated cost of Rs 12,200…
With the crude oil price nearing $53/barrel mark, last crossed in October 2015, domestic oil exploration companies such as ONGC…
State-run firm cites 2003 D&M report to argue RIL’s FDP had included reserves outside its block’s boundary
81% contract area being taken away has 5 discoveries
