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Govt earns huge tax from big corporate deals

 As corporate India unlocks value through mega deals, the Union government is smiling all the way to the bank.The government is likely to earn Rs 7,000 crore (Rs 70 billion) tax in the current......

RIL may have to pay up to 30% tax on BP deal

 Reliance Industries (RIL) may have to pay 30 per cent tax on the income accruing to it from the $7.2-billion deal with British firm BP. However, BP - the world's fourth-largest energy company -......

More cases of tax evasion in cross border deals

 The government said it has identified a few more cross-border merger and acquisition cases, including Barclays-Intelnet deal, for possible tax evasion after slapping Rs 11,000-crore (Rs 110......

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