Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.
Undisclosed overseas assets such as immovable property, jewellery, shares and art works will be valued at fair market price for the purpose of tax and penalty under the new black money law.
Indian promoters Poddars to relinquish control for severance package.
Representatives of the British telecom company on Friday met senior finance ministry officials, in search of an amicable solution.
CBI not to need prior approval to probe corrupt govt officials.
Laws in several states are inconsistent with the model Bill passed by Parliament.
Stating that there are strong inter-linkages between banks, NBFCs and other deposit-taking entities, he said for monetary policy to be effective and financial markets to remain stable, they should be regulated by the central bank.
Between 2011 and 2014, they indirectly determined the price of tyres in the market, says report
The Finance Ministry is of the opinion that Vodafone might drag its tax dispute to court.
According to property consultancy firm Knight Frank, only 19 states and UTs have a functional portal in place, that too with a lot of information dissymmetry across data points
Changes in threshold not to have a significant revenue impact, say officials
The report touches on variety of issues including consent, rights of children, data protection authority and right to recall data.
While critics and protestors have multifarious arguments to offer, the defence of CAA has been uni-dimensional and uni-focussed as has been the case with most policies of the Modi government and the political positions of his party. But to be drawn into an issue that has assumed more than local and national dimensions, Rajini has knowingly or otherwise, taken the plunge and in favour of the BJP -- or, so it has come to be seen, says N Sathiya Moorthy.
If a house is sold and the proceeds are used to buy another, whoever contributed to the purchase of the first house can claim exemption on capital gains tax
The Bombay High Court on Thursday stayed a new income tax demand of Rs 3,000 crore (Rs 30 billion) on Vodafone India Services in an alleged transfer-pricing case from 2010-11.
DLFknowingly suppressed material facts: Sebi
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes
'The film stared at me and asked me a question. As a producer you have made financial decision but it's time that as a woman you made a decision from your heart. That's what I did,' says Lipstick Under My Burkha producer Ekta Kapoor.
The only objective of the government's ordinance was to protect it's loyal ally, says BJP's Arun Jaitley
The allegation against Khan is that he had applied to purchase the agricultural land for farming but constructed a farmhouse for personal use instead.
The order, which came on Monday, stated that revenue authorities cannot split the agreement when the parties to the agreement considered the royalty and technical knowhow as a single package.
The United Progressive Alliance government's confidence about getting legislative business done in the monsoon session of Parliament, beginning August 5, might be misplaced.
The income tax (IT) department seems to have quietly thrown a spanner in the works on the Securities and Exchange board of India (Sebi)'s two-year-long efforts to implement the Supreme Court order against the two Sahara group firms Sahara India Real Estate Corporation (SIRECL) and Sahara Housing Invest Corporation (SHICL).
More punitive action was needed against the company and the management, say experts
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
The Delhi high court on Friday stayed the Centre's eviction notices to two Congress members of Parliament and ex- ministers, Ambika Soni and Kumari Selja.
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.
DLF has launched a mega discount sale of its properties.
CCI has accused realty player DLF of preparing one-sided agreement with home buyers
'I am not a supporter of complete freedom of speech or expression on any social platform, but we must have the right to choose as adults in a personal space.'
The new Insolvency and Bankruptcy Code has serious drawbacks, finds out Somasekhar Sundaresan.
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
This is not the first time Trai has been accused of bias; and, in my memory, never have such charges of bias been leveled against any other regulatory body, says Rahul Khullar.
Amount more than twice the size of Sahara's; collective investment scheme operator has 3 months to return money and wind up.
'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells Pavan Lall.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
A Sebi spokesperson did not respond to an email seeking comments.
Vodafone's long-pending tax dispute with the government might be heading for a resolution, with the finance ministry considering changing the Income-Tax Act's retrospective amendment and taxing indirect transfer of assets prospectively from 2012, the year the law was clarified.