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Expert panel submits draft direct tax code to Nirmala Sitharaman

New Delhi, Aug. 19 -- A finance ministry-appointed task force on rewriting the over the five-decade-old Income Tax Act on Monday submitted its report to finance minister Nirmala Sitharaman, the financ... Read More


NITI Aayog plans to review laws that hinder ease of living

New Delhi, Aug. 18 -- NITI Aayog is identifying statutes and rules that need to be abolished for being a burden on people, as part of the Narendra Modi administration's efforts to improve ease of livi... Read More


Panel to file direct tax report on Monday

Mumbai, Aug. 17 -- The much-awaited report on the new direct tax code (DTC), which will replace the existing income tax act of 1961, will be submitted to finance minister Nirmala Sitharaman on Monday,... Read More


Govt hikes limit for raising funds without diluting voting rights

Mumbai, Aug. 17 -- The Union government on Friday liberalized rules that would allow Indian companies to raise share capital without diluting the voting rights of all existing shareholders. The move ... Read More


Panel to file direct tax report on Monday

New Delhi, Aug. 17 -- The much-awaited report on the new direct tax code (DTC), which will replace the existing income tax act of 1961, will be submitted to finance minister Nirmala Sitharaman on Mond... Read More


Govt hikes limit for raising funds without diluting voting rights

New Delhi, Aug. 17 -- The Union government on Friday liberalized rules that would allow Indian companies to raise share capital without diluting the voting rights of all existing shareholders. The m... Read More


Govt raises limit for raising funds without diluting voting rights

New Delhi, Aug. 17 -- The Union government on Friday liberalized rules that would allow Indian companies to raise share capital without diluting the voting rights of all existing shareholders. The mov... Read More


CSR relief likely for businesses as panel backs easier norms

New Delhi, Aug. 16 -- A high-level government panel on corporate social responsibility (CSR) has recommended that such spending be made tax-deductible for companies and jail term for executives who fa... Read More


PM signals growth mantra for new govt: the end of incrementalism

New Delhi, Aug. 16 -- Prime Minister Narendra Modi in his Independence Day speech signalled what would be the guiding principle of his government's pursuit of development and better living standards f... Read More


CCI clearances for M&A deals may be fast-tracked

New Delhi, Aug. 15 -- A government panel that reviewed the framework for competition regulation in the country has recommended fast track clearance of mergers and acquisitions that do not stifle compe... Read More