This will add to the woes of the conglomerate that had received a show-cause notice from the Directorate of Revenue Intelligence (DRI) last week for alleged over-valuation of imported machinery by Rs 2,000 crore.
Shailendra Kumar, MD, Oracle India, details the India plan.
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.
With a staff crunch, it seems the I-T department would now target only the big fish rather than go after small assessees.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
Likely to be merged with Union Budget from FY18
The reduced growth is largely because of consumption slowdown and tax rate cuts.
The Narendra Modi-led National Democratic Alliance government, like its United Progressive Alliance predecessor, seems to be failing on suo motu disclosures under the Right to Information Act.
Officials said there had been no official word or indication from the top yet. The expectation from officials is to do what they can, but it is understood that all fiscal and budgetary targets don't matter anymore.
IMD is preparing a concept paper on narrowing its grid resolution from 22 sq km to 10 sq km.
'Women's voices are too high or too low, or they are seen as too short or too tall, or too fat or too thin, to be great leaders.' 'These judgments wear us down.'
Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.
After 5 yrs, firm's offer to set up private satellites for digital push has seen some interest from Isro
Or Iran may face the risk of losing its biggest client
DEA officials to push for this at a meeting with FM Jaitley.
State and UT governments have been given the flexibility to take a decision on re-opening of schools and coaching institutions after October 15 in a graded manner.
Oppo's FDI application approved for single-brand retail trading
US country head, key departmental heads leave; more likely to follow.
Likely to select from 3 shortlisted; follows Sanjeev Kaushik's refusal to take the job if made to retire from IAS
Earlier, the guidelines for reopening activities issued on September 30 were to be in force till October 31.
A specialised force with 1,000 personnel to be formed in the state for the same.
'If there are any incidents of cyberattacks, they should immediately inform CERT.'
Those people without the Aadhaar number have found a loophole in the system
The defence ministry is finalising a decision to allow the FGM-148 Javelin missile, built by US companies Lockheed Martin and Raytheon, into a contest to supply the Indian Army with anti-tank guided missiles. This is bad news for Israelis
There are about 85 million milch cows -- those that produce milk -- in the country.
The perspective planning division might get a new lease of life.
Officials said the searches covered multiple premises of the firm in Mumbai and Delhi.
Cash withdrawal limits likely to continue
The Rs 11,400 crore PNB fraud saga unfolded after a bribery complaint by the Hong Kong branch of an Indian bank.
State-owned companies have been set stiff targets to increase accountability as they get ready for divestment. Nikunj Ohri explains why meeting them will be challenging.
Tax officials saidsome instances of "asset transfers" are also under their scanner
SpiceJet strts trimming workforce.
Advertisement on mygov.in gets 8,000 applications and counting; govt to maintain bank of CVs for future use
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
Jet's staff strength stands whittled down to around 4,000, with many former employees having joined airlines in India and abroad.
Prime Minister's Office wants CBI and tax dept to identify the actual beneficiaries of the transactions made in India and abroad.
Telangana chief minister K Chandrasekhar Rao on Wednesday announced the establishment of a massive industrial park dedicated to pharmaceutical manufacturing activities.
On the face of it, there could be a bump up in tax filings, but its impact on tax collections is not that straightforward
US retail chain Walmart is awaiting a decision by its board decision on its India strategy, including its partnership with the Bharti group.
Hemangi and Prashant Nakwe's vegetarian thaali business is keeping them busy in the lockdown.
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