The government is considering a mechanism to analyse, profile and finally write off irrecoverable income tax arrears of tax defaulters…
The forthcoming Budget may bring a section of the small scale units enjoying exemption from excise duties into the excise…
The finance ministry is likely to impose service tax on health and education in the forthcoming Union Budget at a…
The Centre?s direct tax collection has maintained pace with rising profitability of the corporate sector and higher earnings of individuals…
The finance ministry is looking at identifying ways to counter those nations that do not cooperate with India in curbing…
With continuing pressure from the railway ministry, the finance ministry has decided to defer for at least three months a…
The government will start the annual pre-budget consultations for Budget 2011 on Monday, with revenue secretary Sunil Mitra to start…
It seems the government may at last not be able to roll out the much-vaunted goods and services tax next…
The tax department will take a close look at the expense accounts of real estate giants Emaar MGF, Parsvnath, Unitech,…
Direct tax arrears touched a staggering Rs 2.49 lakh crore last fiscal, and of this, an amount of Rs 1.43…
India would soon have an authentic number about the size of its black economy. The finance ministry has embarked on…
Multinational companies in the country could find it difficult to reduce their tax liability by claiming ?expenses? in the name…
Finance minister Pranab Mukherjee who met Liechtenstein?s acting head of state Prince Alois in this regard on Tuesday, expressed concerns…
While the apex court?s decision on the three-year-old Vodafone tax case is still awaited, a parallel process of mutual agreement…
Among the many proposals mooted by the states’ Goods and Services Tax panel which await the finance ministry’s approval is…
The income tax department has booked at least nine educational institutions in Pune ? a booming educational hub ? for…
The stagnancy in service tax payment by the country’s top mobile firms in the first five months of the fiscal…
The film industry, sore over the Budget proposal to impose service tax on the copyright of cinematograph films and sound…
