Under new government, tax office to explore ways to reduce disputes.
A decision by P Chidambaram in his last days as finance minister has annoyed the revenue department.
Indirect tax collections saw only a meagre 3.5 per cent growth, as mop-up from Customs fell sharply on account of a drop in imports.
In the quarter, Cognizant's revenue grew one per cent over the past quarter in North America.
Rajeev Mehta says the slow beginning in North America was primarily on account of some health care clients, evaluating the impact of the Affordable Care Act before deciding on their technology spending.
Many ministries couldn't use the allocated funds since it came into force, resulting in much-needed savings.
A tax reforms panel, headed by finance minister's advisor Parthasarathi Shome, is considering moving away from setting fixed tax-collection targets and linking these with the changing economic scenario during the year.
The US has been widely criticised for using pressure tactics to secure information from other countries, without reciprocity.
Firm evaluating options, could spend over $400 million.
'Employee first and customer second' continues to be a very strong philosophy of HCL.
IT industry hiring big time, but quality concern persists.
I would prefer a government that is stable and progressive, a government that takes quick decisions, a government that is much more oriented towards creating jobs, and one that attracts a lot of foreign investments, says N R Narayana Murthy.
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
With the advent of new banks, IT firms will get boostto their businesses.
Generally,profit of a partnership firm is divided among its partners in sync with their partnership deal.
With faster broadband, you are going to see a new wave of entrepreneurship in India says Karim Temsamani.
Microsoft India's chairman Bhaskar Pramanik tells Business Standard how India will be at the forefront of the company's 'mobile first, cloud first' strategy.
FY14 sees 16% decline in adjustments; department adds only Rs 59,000 crore to the profits attributed by multinationals, against Rs 70,000 crore a year ago
After a five-year stint as chairman of the Unique Identification Authority of India, Nandan Nilekani is set to contest the Lok Sabha elections from the Bangalore South constituency on a Congress ticket.
The government appointed panel will look at the difficulties consumers faced in receiving the subsidy after buying gas cylinders at market rates.
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