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It will use Cibil data to track financial data of defaulters and recovery the tax by attaching their assets.

Non-filers to face tax brunt

Default of tax will lead to blockage of PAN, denial of loans, says I-T plan.

22 Jun 2016 5:53 AM IST

Jaguar Land Rover’s Range Rover Evoque

China cancels patents of JLR, copycat firm

Communist nation finds JLR’s Evoque, Chinese firm’s Land Wind similar

22 Jun 2016 5:52 AM IST

India-born Arora quits SoftBank

India-born Arora quits SoftBank

Under fire from investors, Nikesh Arora, one of world’s highest paid executive, on Tuesday announced his...

22 Jun 2016 5:49 AM IST

Mindshare wins Grand Prix award

Mindshare wins Grand Prix award

Mindshare, the country’s largest full service media agency, a part of GroupM, has bagged a Grand Prix in the Glass...

22 Jun 2016 5:48 AM IST

ITC boss to step aside for young

ITC boss to step aside for young

Come February, 2017 and ITC chairman Y.C. Deve-shwar (69) will step aside from his executive role in the company after a...

22 Jun 2016 5:46 AM IST

Contenders for RBI are pro-growth

Contenders for RBI are pro-growth

In what is likely to appease the pro-growth lobby, Japanese brokerage Nomura has opined that most names being considered...

22 Jun 2016 5:45 AM IST

Maruti Suzuki to hike Baleno production

Maruti Suzuki to hike Baleno production

Country’s largest carmaker Maruti Suzuki India (MSIL) on Tuesday said that it is ramping up production of premium...

22 Jun 2016 5:44 AM IST

India Inc in loan renewal trouble

India Inc in loan renewal trouble

As many as 240 of the largest 500 corporate borrowers owing nearly 42 per cent of the overall corporate debt are...

22 Jun 2016 5:43 AM IST

New app lets phones, computers monitor your surroundings all day

New app lets phones, computers monitor your surroundings all day

Scientists have developed an app that allows devices to have continuous vision and remember only specific things, an...

22 Jun 2016 1:32 AM IST

RBI Governor Raghuram Rajan

'Most names doing rounds to replace Rajan are inflation doves'

The majority of candidates under consideration to replace Governor Raghuram Rajan appears to have a neutral-to-dovish...

21 Jun 2016 7:00 PM IST

AA Vijay mALLYA.jpeg

Vijay Mallya resigns as chairman of Bayer CropScience

Mallya, who was appointed Chairman of the Board in March 2004, will cease to be the Chairman and Director with effect...

21 Jun 2016 6:59 PM IST

Nearly half of the top 500 corporate borrowers are exposed to significant risks of refinancing Rs 1.4 trillion debt this year.

Half of top 500 companies face refinance risk this year: report

The report has listed these 240 entities into elevated risk of refinancing (ERR) and stressed (already in default)...

21 Jun 2016 5:31 PM IST