Education

The Direct Tax Code (DTC) Bill must be referred to an independent panel of experts or law commission, said Mr Nishith Desai, Senior Advocate and ...

KPMG and NIIT Imperia on Wednesday announced the launch of three taxation training programmes aimed at corporate and aspiring professionals. The ...

Peer review ensures that chartered accountants comply with the requirements of the profession and that quality is maintained.

Setting aside the morality of the idea of allowing tax evaders to escape criminal prosecution, offshore voluntary disclosure will attempt to put illicit funds to good use.

The Government of India's recent announcement of its intent to increase its market borrowings by Rs 40,000 crore to fill in the sluggish tax ...

Kingfisher has to take this opportunity to shrink its capacity and fleet and go back to its full service image and branding.

Credit default swaps are expected to increase investments in higher yield bonds and provide investors access to additional investment avenues.

According to the Companies Bill, the auditor is expected to report on any qualification, reservation or adverse remark relating to the maintenance of accounts.

The very purpose of filing tax returns is to record the legal compliance by taxpayers. At times, administrators resort to verifying the correctness of ...

The policy of application of transfer pricing provisions in the cases of holding and wholly-owned subsidiary companies needs re-consideration.

Introducing the cost inflation index for fixing the tax slabs will obviate the need for revising them on an ad hoc basis.

The Finance Minister, Mr Pranab Mukherjee, will inaugurate an international conference on accountancy profession at Chennai on January 6. This ...

Indirect tax, being the major contributor to Government revenue (in particular levy of taxes on manufacture (excise duty) and sales (sales tax) of ...

Taxation on income is a vital source of revenue for our Government. Although Companies have to follow a mind-bogglingly complex procedure, the list of ...

We will support Lokpal Bill only if our amendments are accepted: Yashwant Sinha

The proposed postal law should clearly define and distinguish between services, which are treated as USO/reserved and those that can be offered on a competitive basis.

Under the new Bill, cross-border mergers will only be allowed with companies situated in jurisdictions notified by the Central Government.

Indian carriers contribute to about a third of the worldwide airline losses even though they carry around 2 per cent of the world airline traffic.

The ICAI should ensure that the guidance note specifies in detail on how to recognise revenue in real estate transactions in India.

You can sell an old house and use the proceeds to invest in a new one without attracting the provision for taxation of the resulting capital gains.

Under the Gift Tax Act, each member of a Hindu Undivided family is individually covered by the term ‘relative' for the purpose of reckoning tax exemption.

The foreign exchange market is witnessing unprecedented volatility with the Rupee-dollar exchange rates moving from Rs 44.1 per USD to Rs 54.2 and ...

The question is if the commission payment to a non-resident is chargeable to income tax in India.

The need of the hour is to have a calibrated risk management approach.