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The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

'India Inc's topline growth to hit 5 year high of 9 per cent in Q3'

Consumption-linked sectors excluding telecom had reported a 15 per cent revenue growth in Q2.

10 Jan 2018 2:37 PM IST

Income Tax department

Taxman alert: Keep away from benami transactions

Tax department attached benami assets worth Rs 1,833 crore across country from Nov 1, 2016 to Oct 2017.

10 Jan 2018 1:39 PM IST

An Air India official said that plan to operate the second flight from Kolkata to Bagdogra has been shelved at the moment.

Cabinet clears 100 per cent FDI in single-brand retail, foreign funds...

Till now, FDI up to 49 per cent was allowed under automatic route in single-brand retail.

10 Jan 2018 1:29 PM IST

The PMKSY addresses the concerns of growing water scarcity in the country by promoting water conservation through per drop more crop and watershed management.

Crop insurance scheme likely to get Rs 13,000 crore in FY19 budget

For current fiscal government had initially given a budget of Rs 9,000.75 crore for PMFBY.

10 Jan 2018 12:39 PM IST

Hyundai is taking measures to keep the entry price in check.

Hyundai Verna with a 1.4-litre petrol engine to launch this week

The new GST structure lists the Verna as a luxury car as it packs a 1600cc petrol engine.

10 Jan 2018 12:25 PM IST

The iconic American marque recently trademarked three names which lead us to believe that we could see three new motorcycles soon.

Harley-Davidson may launch three new bikes

The 48X, we believe, could be an upgraded version of the already existing Harley-Davidson Forty-Eight.

10 Jan 2018 12:21 PM IST

Tata Motors loss after tax widened to Rs 1,046 crore in the third quarter of 2016-17, from Rs 137 crore a year ago.

Tata Motors global sales up 22 per cent in December

In passenger vehicles segment, total sales grew by 8 per cent at 69,495 units last month.

10 Jan 2018 11:46 AM IST

India typically imports around 800 tonnes of gold every year. (Photo: PTI)

Gold futures slip on weak global cues, profit-booking

Gold is trading at Rs 29,130 per 10 grams as participants cut bets amid weak global sentiment.

10 Jan 2018 11:04 AM IST

AirAsia India, however, said in a statement that the passenger verbally abused a senior cabin crew after she was asked to switch off her mobile phone. (Photo: PTI/Representational)

AirAsia explores India unit IPO, seeks partner for services business

AirAsia will seek approval at next AirAsia India board meeting to pick a banker to start a preliminary process for an...

10 Jan 2018 10:59 AM IST

File image of a man counting cash at a petrol pump.

India's fuel demand rose 7.5 per cent in December

Cooking gas or liquefied petroleum gas sales increased 6.0 per cent to 2.06 million tonnes.

10 Jan 2018 10:53 AM IST

Vodafone India and Idea Cellular have decided to sell their respective tower businesses in India to ATC Telecom Infrastructure for Rs 7,850 crore. (File Photo)

Telecom services cost may rise by 10 per cent in absence of tax relief

Passive infrastructure industry is expecting to install around 50,000 towers during coming fiscal year.

10 Jan 2018 10:46 AM IST

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Infosys signs APA with US, gets USD 225 million tax reversal

APA will enhance predictability of the company's tax obligations in respect of its US operations.

10 Jan 2018 10:38 AM IST