The Congress party has criticized the Modi government's economic policies, dubbing them as "Modinomics." They argue that these policies inv...

Banking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 crore on Monday from a surplus of ₹30,...

Indian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...

Indians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and ...

The Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...

A US court blocked a $100,000 H-1B visa fee, deeming it an unconstitutional tax imposed by presidential authority without congressional app...

The communication, dated June 16, a copy of which was seen by ET, also mandated each zone to submit a report to the Directorate of Tax Rese...

President Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...

India's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking a...

Multinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...

BofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...

Money market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...

The Reserve Bank of India will conduct a Rs 1 lakh crore variable rate repo auction on June 19. This move aims to manage liquidity in the b...

Fifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...

India's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...

It expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy effic...

Finance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...