July 22, 2014 23:29 (IST)
The government on Tuesday said it is effectively using information received from various countries to combat the menace of tax evasion and avoidance.
Mumbai | July 22, 2014 15:35 (IST)
Finance Minister Arun Jaitley said earlier this month the country would liberalize norms for real estate investment trusts (REITs) and American and global depositary receipts from domestic companies.
July 22, 2014 14:31 (IST)
Gold prices plunged by Rs 275 to Rs 28,200 per ten gram in the national capital today on stockists selling, tracking a weak global trend.
London | July 22, 2014 10:06 (IST)
India overtook Indonesia as the most optimistic consumer market, while Portugal and Slovenia were the most pessimistic.
July 21, 2014 23:49 (IST)
a major development in the fight against black money, the Organisation for Economic Co-operation and Development (OECD) on Monday unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.
July 21, 2014 23:36 (IST)
The government is considering hiking foreign institutional investment (FII) sub-limit in its bonds to $25 billion without disturbing the overall $30 billion FII debt cap, a top Finance Ministry official said on Monday.
July 21, 2014 23:19 (IST)
Indian industry representatives have called on the UK to examine its visa system to make people to people movement easier for greater economic cooperation between the two countries.
July 21, 2014 21:24 (IST)
The finance bill, whose passage signals the end of the Budgetary exercise, is coming up for discussion in the Lok Sabha on July 24 and 25, Minister of State for Parliamentary Affairs Prakash Javadekar told reporters.
July 21, 2014 18:45 (IST)
As government makes effort to bring illicit money stashed abroad, Finance Minister Arun Jaitley on Monday asked the Income Tax Department to focus its effort on unearthing 'quite large' black money within the country as well.
July 21, 2014 18:44 (IST)
World Bank Group President Jim Yong Kim will meet Finance Minister Arun Jaitley on Tuesday and Prime Minister Narendra Modi on Wednesday to review key development priorities, according to a source.
Sydney | July 21, 2014 11:34 (IST)
Efforts to assuage Indian concerns about a landmark global trade pact appear to have failed, sources involved in the discussions said on Monday, setting off a frantic rush to win its support before a Thursday deadline.
July 20, 2014 21:57 (IST)
Over Rs 1 lakh crore of taxes were locked up in various stages of litigation in service tax and central excise at the end of March 2013, the Comptroller and Auditor General of India (CAG) has said.
July 20, 2014 21:51 (IST)
India has retained its position as a leading foreign investor into Britain, according to latest UK Trade and Industry (UKTI) figures released in London on Sunday.
July 20, 2014 17:24 (IST)
Monsoon deficit in India has come down to 31 per cent with rains picking up in July across the country, giving relief to farmers, the weather office said on Sunday.
July 20, 2014 16:07 (IST)
As India steps up pressure on Switzerland for details of alleged black money stashed there, Swiss authorities have invited Indian officials to Berne to discuss further cooperation in these matters.
July 20, 2014 13:16 (IST)
The Union Cabinet is expected to take a decision on relaxing foreign direct investment (FDI) norms in the cash-starved railways sector this week, according to sources.
July 20, 2014 12:38 (IST)
The revival of Southwest monsoon has widened India's growth prospects with GDP expected at around 5.9 per cent for the current fiscal year, in line with the Economic Survey projection, PHD Chamber of Commerce and Industry has said.
July 20, 2014 12:02 (IST)
India is set to be Asia's biggest turnaround story and the country's GDP growth is expected to rise to over 6 per cent in FY15 and over 7 per cent in FY16, Japanese brokerage Nomura has said in a report.
July 20, 2014 12:02 (IST)
The top brass of Income Tax Department and Central Board of Direct Taxes (CBDT) will strategise steps for revenue collection post-Budget announcements during a two-day conference beginning in Delhi on Monday.
New Delhi | July 18, 2014 19:38 (IST)
"The pendency of grievances ranging from a few days to up to 11 years shows that there are various flaws in the system and in the administrative mechanism which needs immediate attention," the report tabled in Parliament today said.