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Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Corporate tax for large companies to be gradually cut to 25 pc:...

The ministry has decided to hold meetings of tax administrators across various Tier II cities in the country.

20 Aug 2019 8:43 AM IST

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

FM says corporate tax for cos to be cut gradually

Corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 pc, said FM Nirmala...

19 Aug 2019 7:31 PM IST

Defence Minister Nirmala Sitharaman noted that the commencement of the delivery of Rafale jets has not begun. (Photo: PTI)

Dilli Ka Babu: No more pay panels?

The panel suggested that the pay matrix can be reviewed periodically without waiting for 10 years for another pay...

18 Aug 2019 12:36 AM IST

Defence minister Rajnath Singh leaves Parliament during the Budget Session in New Delhi on Thursday. (Photo: Asian Age)

Delhi: Group of Ministers meeting at Rajnath Singh's residence today

Earlier on Friday, Defence Minister Rajnath Singh had said that India follows 'no first use' policy regarding nuclear...

17 Aug 2019 11:24 AM IST

CM BS Yediyurappa conducts an aerial survey of Ghataprabha and Malaprabha river basin. (Photo: ANI)

Flood-hit villages in Karnataka to be named after donors: B S...

Yediyurappa said on Wednesday at a meeting with industrialists and corporates.

16 Aug 2019 12:27 PM IST

Sectors like fast moving consumer goods (FMCG), auto, consumer staples were the worst hit from sluggish rural demand and a general slowdown in consumption.

Modi reviews state of economy with Sitharaman, FinMin officials

There are expectations that the government would come out with sector-specific stimulus sometime soon.

15 Aug 2019 5:35 PM IST

Auto sector employs over 35 mn, contributes more than 7 per cent to GDP and accounts for 49 per cent of manufacturing GDP.

Auto sector in a mess, govt needs to step in

It will be interesting to see what solution or incentives finance minister Nirmala Sitharaman offers to give a fillip to...

15 Aug 2019 12:29 AM IST

Rating agency Icra on Tuesday revised the outlook on NBFCs retail credit growth upwards to about 17-19 per cent for FY18.

Govt issues guidelines for Rs 1-lakh cr partial guarantee scheme for...

NBFCs, including HFCs, came under stress following series of defaults by group companies of IL&FS in September last...

14 Aug 2019 8:56 AM IST

A few decades ago, the insurers followed the most basic and traditional way to incorporate processes into their domain. (Photo: Pixabay)

Govt-constituted panel suggests making CSR non-compliance civil...

Companies having CSR prescribed amount below Rs 50 lakh can be exempted from the need of constituting a CSR committee,...

13 Aug 2019 8:24 PM IST

In the last sectoral meeting with the real estate sector representatives and homebuyers, Finance Minister Nirmala Sitharaman, on Sunday, said that she would soon address issues affecting the sector and other stakeholders.

Real estate sector gets Finance Minister's word

The government is believed to have decided on a high-level meeting to bring the ailing sector on track.

12 Aug 2019 1:08 AM IST

In the wake of the floods, 124 teams of National Disaster Response Force (NDRF) have been deployed in various parts of the country to respond to any type of eventuality, be it natural or man-made. (Photo: ANI)

Karnataka flood situation remains grim, most rivers in spate

Chief Minister B S Yediyurappa asked people of the state not to worry as relief measures were his government's top...

10 Aug 2019 12:24 PM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

Nirmala Sitharaman silent on higher taxes for foreign investors:...

Investors in turn pulled USD 1.8 billion out of Indian equities in July alone.

10 Aug 2019 10:33 AM IST