The Central Board of Direct Taxes, the apex policy making body of the I-T department, has been undertaking a host of steps to bolster the litigation management wing of the department which has come under criticism not only from courts but also successive Finance Ministers and in the audit reports of the Comptroller and Auditor General.
As Indian community in New York looks forward to hear Prime Minister Narendra Modi, the organisers of the upcoming reception event at the Madison Square Garden say that the 30,000-strong crowd in attendance would include age groups ranging from 5 years to 90 years.
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
The Board of Governors of the Pakistan Cricket Board on Friday gave approval for adopting legal recourse against the Board of Control for Cricket in India for not honouring the Memorandum of Understanding (MoU) between the two boards in 2014 to play bilateral series.
A lawyer has moved the court alleging 'total collapse' of administration.
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
The high-level meeting comes against the backdrop of the rupee touching a record low of 58.98 to a dollar on Tuesday.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
A planned stake sale in Coal India in the last financial year had to be deferred after stiff opposition from the trade unions.
As the MPC is mandated to target CPI inflation rate at 4 plus minus 2 per cent, any measurement error in CPI is likely to have grave consequences for monetary policy.
Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
Let there be a rule that if the Budget is not passed and funds cannot be drawn from the Consolidated Fund of India, there will be a government shutdown as it happens in the United States, says A K Bhattacharya.
Here's everything you need to know about the Goods and Services Tax Bill.
Jaitley said inflation has been under control for long and is likely to remain so on the back of good monsoon and unlikely spike in oil prices.
Nearly 100 Indian-Americans are on the ballot for the midterm elections and have emerged as strong contenders.
List of disappearing entities could see additions, for first time in 20 years.
Air-India Ltd's board will discuss on April 3 whether the state-run long-haul carrier should place orders for 17 long-range aircraft from Boeing or Airbus, a spokesman for the airline said on Wednesday.
The panel was set up to suggest ways to reform India's monetary policy.
In August 2013, the Cabinet had given an in-principle nod to set up the authority and sent a draft note to the railways, to be discussed with the law ministry.
Olympic organisers say they will not reveal the final torchbearer's identity until the torch arrives in the stadium on live television, watched by billions of spectators.
If the entire amount of Rs 24,000 crore is raised, then it would be the biggest fundraising exercise by any Indian company ever.
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