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CBDT communication said taxmen should refrain from using the word tax haven as a number of countries have expressed their displeasure on use of such language.

Income Tax dept open to reducing withholding tax for foreign companies

Foreign entities earning in India as well as domestic companies are required to withhold taxes on any payment to another...

23 Aug 2017 2:13 PM IST

The government will issue Rs 200 notes soon. (Representational Image)

Rs 200 notes in your pockets soon as finance ministry makes it...

According to reports, the Rs 200 notes will be launched by the end of August or in the first week of September.

23 Aug 2017 1:40 PM IST

Errors made while filing income tax returns can be addressed on the e-Proceeding option on the I-T e-filing website.

How to rectify errors made while filing Income Tax returns in 10 steps

I-T department has introduced a facility called e-Proceeding' whereby a taxpayer can address mismatches on the e-filing...

23 Aug 2017 1:15 PM IST

Right now, there is no currency note of a denomination between Rs 100 and Rs 500 value. (Photo: File)

It's official: RBI to issue Rs 200 notes in first week of Sept, says...

Central bank says this time it will ensure that black marketing of Rs 200 notes does not take place.

23 Aug 2017 10:41 AM IST

Over 2 lakh traders have enrolled into the GST network but there are many who still have to finish the formalities.

11 states may see Rs 9,500 crore revenue loss this year under GST

All states combined will grow at a CAGR of 16.6 per cent in FY18 over FY16 under the new GST regime.

23 Aug 2017 10:35 AM IST

TRAI is likely to release a discussion paper on spectrum auction this week. Photo: PTI

IMG favours more time to telcos on deferred spectrum paymentâ€‹

The inter-ministerial group will attempt to finalise its report by August 27.

22 Aug 2017 9:03 PM IST

Tamil Nadu Generation and Distribution Corporation is all set to float tenders for procuring 500 MW of solar power. (Representational image)

Govt brings in new norms on solar power procurement

These guidelines have been prepared by the Ministry of New and Renewable Energy (MNRE).

22 Aug 2017 8:38 PM IST

Mutual funds are one of the best investment instruments for wealth creation, tax savings, and achieving financial goals.

MFs add 40 lakh folios in Apr-Jul on strong retail interest

This comes following an addition of 77 lakh folios in the entire 2016-17 and 59 lakh in 2015-16.

22 Aug 2017 8:00 PM IST

Prime Minister Narendra Modi addresses young CEOs at Niti Aayogs Champions of Change program. Photo: Twitter| @NITIAayog

Modi calls on young CEOs to become 'soldiers of prosperous India'

Prime Minister Narendra Modi was addressing 200 young CEOs at the Champions of Change program organised by Niti Aayog.

22 Aug 2017 6:58 PM IST

Hyundai Motor India on Tuesday sought clarity on the definition of luxury cars under GST.

Hyundai seeks clarity on definition of luxury cars under GST

Under the GST regime, luxury cars attract cess of 15 per cent in addition to the top tax rate of 28 per cent.

22 Aug 2017 6:00 PM IST

For over a year, India had been the fastest growing economy, second only to China. This has now changed.

GVA growth to slow to 6.3 per cent in Q1, weighed by GST, INR gains

CPI inflation eased to 2.2 per cent in April-June period from 5.7 per cent in Q1 FY17.

22 Aug 2017 5:11 PM IST

All unions under the aegis of UFBU have threatened to go on strike against the governments proposed consolidation move on Tuesday. Photo: PTI/ Representational

Bank strike: Services across 11,000 branches hit in AP, Telangana

The strike was called by UFBU to protest against the government's proposed 'consolidation' move and other demands.

22 Aug 2017 4:13 PM IST