Buckling under pressure from various quarters, the government on Monday withdrew the harsh provisions relating to excise and customs duty evasion cases. In Finance Bill 2012-13, it had earlier

Budget 2012-13 has proposed the introduction of General Anti-Avoidance Rule (GAAR) which has raised a tremendous controversy on various issues. One of the issues is about the burden of proof.

Asian Development Bank (ADB) Managing Director Rajat Nag says Standard and Poor's (S&P) move to cut the outlook on India’s ratings from stable to negative would have a

The regional director (RD) of the ministry of corporate affairs and the registrar of companies (RoC) received several complaints against six telecom companies, including Reliance Communications,