As part of its proposal for the Budget sent to the finance ministry, the Airports Authority of India (AAI) has asked for the approval to raise Rs 3,000 crore through tax-free infrastructure bonds in

Debt-laden Kingfisher Airlines has paid tax dues of about 270 million rupees until January, the chief of the country's customs and excise department said on Thursday.All new Maruti Swift Dzire CS

Essar Oil Limited (EOL) has received a demand notice from the tax authorities of the Gujarat government, for repayment of sales tax deferment benefits utilised by the company, to the tune of Rs 6,300

Tax saving is considered to be one of most important aspects of financial planning. With the financial year-end fast approaching, most investors would rush to fulfil their commitments so as to save as

The Vodafone chief executive said the company's victory in a $2.2-billion legal battle against tax authorities in India would help pave the way for a listing of shares in its business in the country.

Adeel Ahmed and his roommate are in a fix. They live in a rented apartment in Mumbai, paying Rs 42,000 a month. Until last year, they could very easily claim their house rent allowance (HRA). However,

With industrial growth picking up, the finance ministry is hopeful of meeting its budgeted target for indirect tax collections, but its direct tax kitty may fall short of the Budget estimate by Rs

The new Direct Taxes Code (DTC) is to be now introduced only from April 2013, a year later than planned. Hence, the government will introduce some of its key provisions, such as General Anti-Avoidance

U.S. President Barack Obama used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and

The tax department has no jurisdiction over Vodafone's purchase of mobile assets in India, Supreme Court Chief Justice S.H. Kapadia ruled on Friday, in a big relief to the telecom giant that has been