Walmart to Mudgal panel: Lobbied in US not India

Friday 17 May '13

The government inquiry committee on Walmart has found no direct charge of bribery or lobbying made by the company in India, according to an official.

Law ministry does U-turn, agrees to conciliation in Vodafone tax case

Wednesday 15 May '13

The ministry had then sought the Attorney General''s view on the matter

Indirect tax collection up 3.3% in April

Wednesday 15 May '13

Indirect tax collection in the first month of 2013-14 registered an unimpressive growth of 3.3 per cent with excise duty collection declining 14.7 per cent year-on-year.

Overseas tax units caught in turf conflicts

Monday 13 May '13

The eight income tax overseas units, proposed to be set up for curbing the menace of black money and illegal funds abroad

Commerce Ministry gets tangled in export data targets

Sunday 12 May '13

The commerce ministry, it seems, is not clear about the export target it wants to set for 2013-14.

Eight I-T overseas units caught in MEA red tape

Sunday 12 May '13

Eight income tax overseas units proposed to be set up to check the menace of black money and illegal funds abroad, has apparently been tied up in red tape.

Mandatory e-filing of excise duty returns likely for all

Friday 10 May '13

The Central Board of Excise and Customs (CBEC) is considering making electronic filing mandatory for excise duty payment.

Tesco chief, Noel Tata to meet Sharma over retail FDI

Thursday 9 May '13

British retailer keen on entry into Indian multi-brand retail sector.

CommerceMin for extending tax breaks in HP, Uttarakhand

Monday 6 May '13

Manufacturing units in Himachal Pradesh and Uttarakhand may continue to enjoy tax incentives and capital investment subsidy if the commerce ministry has its way.

Diversion of public money: SFIO to probe 53 companies

Saturday 27 April '13

The 20 RoCs across the country have begun probing companies who have raised sums from the public.

Central GST at 11%, state tax at 13%, says sub-panel

Thursday 25 April '13

* Technical groups say that the total effective rate at 24% is justified

Independent directors may have classes to attend before getting boards to govern

Saturday 20 April '13

If the ministry of corporate affairs has its way, independent directors in the country may soon see themselves in classrooms before they get into board rooms

No export targets set for FY''14

Friday 19 April '13

While announcing the foreign trade policy (FTP) on Thursday, the commerce ministry did not set a target for exports in the current financial year

CBEC aims at pushing tax-GDP ratio by 2%

Thursday 18 April '13

* 'Department looking at out-of-the-box ideas''

India-Pak trade at its peak, exports see a 15% jump

Monday 15 April '13

A government official said these were the highest-ever figures for India-Pakistan trade

Centre''s loan waiver for weavers falls short on results

Monday 15 April '13

The Rs 3,000-crore loan waiver package for weavers announced in the run up to the Uttar Pradesh elections in 2011, has little to show by way of results

'Auto sector growth is likely to be between 3-5% in 2013-14''

Thursday 11 April '13

The auto industry is witnessing one of its toughest phase, the decline in car sales being the lowest in a decade

India-EU FTA talks stuck on greater concessions

Wednesday 10 April '13

Prime Minister Manmohan Singh and German Chancellor Angela Merkel are likely to find large unfinished paragraphs in their India-EU free trade agreement when they meet this week

FinMin looking at sovereign bonds for foreign investors

Monday 8 April '13

* Proposal to be taken up when ratings firm Fitch comes calling

Law ministry rejects Vodafone's proposal to reconcile tax dispute

Saturday 6 April '13

This has put the government in a peculiar situation where it is left with no option but to approach Cabinet for deciding on the Vodafone''s demand for a reconciliation.

Making M&A easier

Saturday 6 April '13

The order is one of those which do not grab the headlines but is eminently useful for an economy when industry is trying to cut costs and regain competitiveness.

GST panel to meet next month on model law

Saturday 6 April '13

Earlier, in November last year, the government had set up two sub-committees to resolve the issues of compensation to states for revenue loss on account of a reduction in central sales tax and the fin...

'I am hopeful we will cross sales target of 1 mn ACs''

Friday 5 April '13

This summer, the sale of ACs may not be on fire given the slowdown in the economy.

FSLRC for greater CCI oversight

Monday 1 April '13

The Financial Sector Legislative Reforms Commission (FSLRC) has suggested that the Competition Commission of India (CCI) should be empowered to monitor

Panel to discuss Walmart''s lobbying with govt officials

Wednesday 27 March '13

A government-appointed committee, looking into the lobbying activities of Walmart to enter India, is meeting on April 9 to deliberate on the response received from the public and the company