Junior tax officers can now conduct an inquiry in a case where no proceeding is pending, without getting sanction from a higher authority.

Experts call the move positive but of little significance to SMEs

According to back-of-the envelope calculations, homebuyers will end up paying around 20-22% in total tax compared to 14-16% if builder gets...

Realty portal Housing.com today said it has tied up with taxi aggregator Uber to provide home buyers option to book cab for site visits.

Tax experts, however, said this could impact ‘transactions’ between two branches of a company and give leeway to many tax officers to inter...

Auto components maker Bagla Group has inked a strategic pact with Italy's Fontana Gruppo to scale up fasteners business in the country.

As part of this transaction, IHH will use Rs 265 crore to fund the hospital chain's capex requirements and to optimise its current cost of ...

Tax experts are, however, divided if the insertions mean that assesses will have to pay tax on subsidies they receive in their bank account...

In the current fiscal, only Rs 11,200 crore has been set aside for capital infusion in state-run banks, down from Rs 14,000 crore in the ye...

Poor corporate governance standards and suspicion of fraud are forcing several global private equity funds to order investigations.

The Authority for Advance Ruling (AAR) has clarified that packaging is not manufacturing and will not be liable to excise duty.

Supreme Court's Vodafone verdict against the tax department was cheered and welcomed by legal and tax experts.

AkzoNobel shareholders including Asian Paints have objected to a proposal under which the listed firm will absorb three unlisted group comp...

Companies Bill 2011 stipulates that such officials will have to refund the remuneration received in case the accounts are re-stated.

Companies and funds are buying special insurance covers and adding new conditions in cross-border deals to protect themselves from future t...

The government has clarified that companies are free to shift not only machinery but also manpower from units in software technology parks ...

Companies going for rights issues, share sale to strategic investors, or stock rejig among group firms may face new hurdles if the taxman c...