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Government recodes IBC for easier resolution

New Delhi, July 26 -- The Union cabinet on Wednesday, 17 July, cleared major changes to the bankruptcy law that will enforce a strict 330-day timeline for the insolvency resolution process, including ... Read More


Deadline for filing income tax returns extended to 31 August

New Delhi, July 24 -- The government on Tuesday extended the deadline for filing income-tax returns for the FY20 assessment year by individuals and certain non-corporate assessees by one month to 31 A... Read More


Direct tax code a priority; reduction in compliance burden on cards: Sitharaman

New Delhi, July 23 -- Finance Minister Nirmala Sitharaman said on Tuesday that work on a direct tax code has been completed and that the government will take it up as soon as a task force, which prepa... Read More


Government to proceed with caution on policy to improve audit quality

New Delhi, July 23 -- The government has decided to move with caution while changing the rules governing audit. The decision comes despite the slew of defaults by non-bank lender Infrastructure Leasin... Read More


IndiGo flies high in Q1 amid promoters' spat

New Delhi, July 20 -- InterGlobe Aviation Ltd, which operates India's largest airline, IndiGo, on Friday reported its highest ever quarterly profits, benefiting from the collapse of Jet Airways and sh... Read More


IndiGo flies high in Q1 amid promoters' spat

New Delhi, July 20 -- InterGlobe Aviation Ltd, which operates India's largest airline, IndiGo, on Friday reported its highest ever quarterly profits, benefiting from the collapse of Jet Airways and sh... Read More


IndiGo to seek shareholder nod to take woman director on board

New Delhi, July 20 -- InterGlobe Aviation Ltd, which runs the country's largest airline, IndiGo, on Saturday said it will seek shareholder approval for induction of an independent woman director. A c... Read More


IndiGo flies high in Q1 amid falling-out between promoters

New Delhi, July 20 -- InterGlobe Aviation Ltd, which operates India's largest airline, IndiGo, on Friday reported its highest ever quarterly profits, benefiting from the collapse of Jet Airways and sh... Read More


GST watchdog detects invoice fraud to the tune of Rs.7,600 crore

New Delhi, July 19 -- The Directorate General of GST Intelligence (DGGSTI), an arm of the indirect tax administration, has unearthed a racket involving 90 firms which issue fake invoices to errant com... Read More


IndiGo crisis: What is at stake

New Delhi, July 19 -- It is a busy day at Interglobe Aviation Ltd., the company that runs India's largest airline IndiGo. For the board of directors led by chairperson M Damodaran and co-founder and d... Read More