Observing that the custodial interrogation of MNS chief Raj Thackeray in a 2008 case of rioting at Kalyan will not serve any purpose, the Bombay High Court today set aside bail granted to him and asked him to surrender before a Railway court on June ..
Mukesh Ambani-led group companies lost a whopping Rs 32,574 crore in market capitalisation today, while Anil Ambani group firm RNRLgained Rs 3,438 crore after the Bombay High Court asked RIL to supply gas to the ADAG firm at USD 2.34 per mmBtu.The Mu ..
The finance ministry is contemplating diluting provisions of Fringe Benefit Tax (FBT), by which companies may not have to pay taxes on certain perks and allowances availed of by employees.Although industry has been pleading for a complete abolition o ..
The consensus on tax rates developing around the goods & services tax (GST) means finance minister Pranab Mukherjee is unlikely to tinker with the service tax rate in the forthcoming Budget.While discussions are still on between the Centre and th ..
If you thought life's getting easier with online filing of tax returns (e-filing), here's a counter-point. The taxman is working hard to deter you. Starting this year, individuals who file tax returns online will have to use a digital signature. If ..
Fifteen years after it was first set up, a full-fledged Anti-Terrorist Cell (ATC) in the State still remains a dream. Officials say the existing ATC is a “toothless agency”. As of May 31, 2009, the ATC had only two employees. Inspector-G ..
The party could end soon for domestic and multinational companies that do tax planning only to avoid paying taxes in India. The government is set to usher in the next stage of reforms in taxation, framing anti-abuse rules that will ..
The Central Vigilance Commission (CVC) has asked public sector banks (PSBs) to fix accountability for small loans that turn into non-performing assets. The CVC, after an audit of some PSBs, has written to the chiefs of the banks that a cut-off amount ..
Exporters may be spared from having to pay taxes on any services availed during the course of their business, and could just file a return as a proof, if the finance ministry accepts a proposal being readied by the commerce department for inclusion i ..
Punjab & Haryana High Court Judge appointedIn exercise of the powers conferred by clause (1) of article 217 of the Constitution of India, the President is pleased to appoint Shri Justice Kanwaljit Singh Ahluwalia, Additional Judge of the Punjab & ..
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