Taxman to milk Rs 80k cr from transfer pricing

The ghost of transfer pricing has returned this year to haunt multinational companies doing business in India and Indian companies with a big presence abroad. The cash-strapped government is......

Government takes first step towards GST

The government has taken the first concrete step towards the introduction of the goods and services tax. Since the introduction of the tax would require amendment to the Constitution, the......

Tax experts want FM to roll back stimulus

With less than a fortnight to go for the Budget, tax experts urged Finance Minister Pranab Mukherjee to bite the bullet and roll back stimulus, a suggestion which did not find favour with the India......

Indian drug makers maintain pace of US mktg nod

Twenty five Indian generic drug makers got a little over 200 approvals from the US Food and Drug Administration in 2009, half a dozen more than the number approved in 2008. This increase is despite......