The General Anti-Avoidance Rule (GAAR), approved under the Finance Act, will be part of the Direct Taxes Code (DTC) Bill to be tabled in the monsoon session of Parliament. The finance ministry

The United Progressive Alliance’s second government, which has become almost synonymous with inaction, is accustomed to citing its unruly allies as responsible for its inability to make

After rolling back a slew of tax measures, Finance Minister Pranab Mukherjee on Tuesday made minor changes in excise and customs duties to benefit commercial auto players, among others. Mukherjee