Half the directors on the board of Unitech have resigned two years after the Supreme Court ordered its overhaul. There has been a lack of p...

The company plans to continue to focus on increasing the wallet share from existing client network and also through inorganic expansion.

The task force was supposed to submit its report by May 31, but the then finance minister Arun Jaitley gave two months extension to complet...

The new direct tax code is set to replace the existing Income Tax Act.

It was first set up in November, 2017 under the Central Board of Direct Taxes.

The Finance Ministry in November last year appointed Akhilesh Ranjan, Member, CBDT, as convenor of the task force after the retirement of A...

The panel will tackle those areas that have become "problematic" due to multiple additions over time.

The task force was set up on November 22, 2017, following Prime Minister Narendra Modi’s observation at Rajaswa Gyan Sangam that the Income...

The move, ahead of the Budget, signals the government’s intent to have a simple and clean act, and the simplification could mean policy cha...

The committee has held series of consultations with the tax department, various industry chambers, besides institute of chartered accountan...

The Justice AP Shah committee looking into the issue of levying MAT on FPI's is expected to submit its report by the end of this month.

In 2012, the AAR directed Castleton to pay MAT in India on their book profits when it transferred shares from a Mauritius entity to a Singa...

In its representation, Assocham said the government should issue a clarification that Minimum Alternate Tax provisions were never intended ...

The Income Tax Department had sent notices to 68 foreign institutional investors (FIIs) demanding Rs 602.83 crore as MAT dues of previous y...

Justice Shah committee on levy of MAT on FIIs met for the first time as it looked to expeditiously give its recommendations to resolve the ...

Finance Ministry said other tax issues would be also referred to the three-member committee in due course.

Old generation private bank Ratnakar Bank, which has a new-look management team, will focus on financial inclusion.