At the start of the New Year, Indian sport seems ready to take on the world and make a statement.

Introduction of literary awards in three categories -fiction, nonfiction and literary achievement in Kannada -will be the other highlight.

Alarmed by a possible large-scale evasion of service tax, the finance ministry has decided to use the toughest measure in its bouquet of op...

Indirect tax collections in July were up 16.4% from a year ago. In the April-July period the kitty was up 27% from a year ago.

The Ministry of Finance has asked the Central Board of Excise and Customs (CBEC) to make up for the revenue loss on account of oil duties r...

India, US, Belgium and South Africa have pitched for globally networked customs departments to prevent movement of illicit funds.

The I-T dept has made a record tax refund of Rs 72,000 crore, following instructions from CBDT to clear all refunds before close of financi...

The government today said the proposal to impose service tax on healthcare will not hurt the common man as only services provided by the ce...

Pakistani singer asked to appear before DRI on February 17 for further questioning.

A nephew of Pakistani singing legend Ustad Nusrat Fateh Ali Khan, Rahat is a top Bollywood playback singer and has several hit numbers to h...

Noted Pakistani singer Rahat Fateh Ali Khan was extensively questioned by revenue intelligence officials regarding the over Rs one lakh USD...

The government is likely to revise revenue collection targets upwards for the current financial year, a top government official said.

The government had fixed a revenue target of Rs 7.45 lakh crore, including indirect taxes, for the current fiscal, which is about 19 per ce...

The discussion paper on GST, released by the Empowered Committee of State Finance Ministers last week, turned out to be a damp squib, disap...