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FM to review backlog of income tax disputes on Monday, to push for early resolution

New Delhi, June 22 -- Finance minister Nirmala Sitharaman will on Monday review the backlog of income tax disputes and explore ways of cutting down their pendency at a meeting with senior field office... Read More


Jump in refunds depresses Centre's net direct tax revenue

New Delhi, June 21 -- A sharp jump in tax refunds has led to a modest dip in the union government's net tax revenue receipts from corporate and personal income to Rs.4.59 trillion so far this year, of... Read More


Close investigations swiftly, speed up refunds: finance minister tells tax officials

New Delhi, June 20 -- Finance minister Nirmala Sitharaman on Friday directed senior officials of the Central Board of Indirect Taxes and Customs (CBIC) to close investigations swiftly, speed up tax re... Read More


IBC's weak spot: Slow, difficult recovery from dubious pre-bankruptcy deals

New Delhi, June 20 -- Companies on the brink of collapse tend to do certain transactions that benefit the promoters or close partners but are detrimental to the organization and its creditors. While s... Read More


Energy security a major challenge facing future generation: Modi at G7 meet

New Delhi, June 18 -- Prime Minister Narendra Modi has called for renewed multilateral cooperation in energy and counterterrorism efforts, cautioning world leaders that energy security is emerging as ... Read More


NFRA pushes for stronger auditor-audit committee coordination in companies to boost corporate governance

New Delhi, June 16 -- India's audit watchdog has called for greater coordination between audit committees and auditors ofcompanies in a bid to strengthen corporate governance and improve the reliabili... Read More


FATF condemns Pahalgam terror attack, to soon release a report on terror financing cases

New Delhi, June 16 -- The Financial Action Task Force (FATF), a global agency that develops policies to combat money laundering and terrorism financing, has condemned the 22 April terror attack in Jam... Read More


Tax scrutiny on charitable trusts, research bodies

new delhi, June 16 -- Income-tax returns of charitable trusts and research institutions that have wrongfully claimed exemptions, as well as entities and individuals that have had repeated additions to... Read More


Tax scrutiny on charitable trusts, research bodies

new delhi, June 16 -- Income-tax returns of charitable trusts and research institutions that have wrongfully claimed exemptions, as well as entities and individuals that have had repeated additions to... Read More


Tax scrutiny on charitable trusts, research bodies

new delhi, June 16 -- Income-tax returns of charitable trusts and research institutions that have wrongfully claimed exemptions, as well as entities and individuals that have had repeated additions to... Read More