MP suspensions halve strength of INDIA bloc in RS, reduce by one-third in LS

Opposition INDIA bloc lost almost half its strength in Rajya Sabha and one-third in Lok Sabha as 78 MPs in total were suspended on Monday for unruly behaviour and disregarding the directions of the......

Pranab's deputy skips Budget presentation

Union Minister of State for Finance S S Palanimanickam of the Dravida Munnetra Kazhagam will skip his boss Pranab Mukherjee's Budget presentation on Friday. According to reports, Palanimanickam is......

DMK ups the ante: Its ministers will stay out of office from Monday

Hardening its stand on the Sri Lankan Tamils issue, Dravida Munnetra Kazhagam President M Karunanidhi has directed his party's Union ministers to stop attending their official responsibilities and......

All five DMK ministers submit their resignations to PM

A day after the Dravida Munnetra Kazhagam withdrew support to the United Progressive Alliance government on the Sri Lankan Tamils issue, the party's five Union ministers on Wednesday submitted......

TRPs must help reduce compliance cost for taxpayers

Certified professionals who help people file tax returns should constantly update their knowledge and help taxpayers reduce the cost of compliance, Minister of State for Finance S S Palanimanickam......

Recommendations on retro-tax laws under examination

The government on Friday said it is examining recommendations of the Parthasarathi Shome panel on controversial retrospective tax laws introduced in the last Budget. "The recommendations of the......

'Walmart under ED lens for alleged FEMA violation'

The government on Thursday said the Enforcement Directorate is probing alleged violation of FDI regulations by cash and carry chain Walmart. "Directorate of Enforcement has taken appropriate action......

Income Tax dept manpower shortfall at 30%

The Income Tax Department and Directorates had shortfall of 29.47 per cent manpower as of March 31, 2012, the Parliament was informed on Friday.The sanctioned strength of department is 57,793 while......

BCCI accounts for tax scrutiny

The Income Tax authorities have picked up the income tax return of the Board of Control for Cricket in India for scrutiny and initiated proceedings for payment of Service Tax. Though the BCCI, with......