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Business Standard The Tax Department

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CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

The Central Bureau of Investigation has filed a corruption case against British aerospace and defence company Rolls Royce PLC, top executives of its Indian unit and arms dealers for alleged......

I-T Goes After Rs 7.7 Trillion Tax Arrears

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved. Illustration: Uttam Ghosh/Rediff.com......

How BJP hopes to gain by taking Kuldeep Bishnoi into its fold

'Neither the Congress will lose anything nor will the BJP gain anything.' Nitin Kumar reports from Chandigarh. IMAGE: BJP national president JP Nadda congratulates newly joined party leaders......

J-K plans mythological theme park near Vaishno Devi shrine

The Jammu and Kashmir administration is planning to set up India's best mythological theme park near the famous Vaishno Devi shrine in Reasi district and has sought investors for the project,......

Serum, Bharat Biotech to get Rs 45 bn for 300 mn vaccines

This will be an upfront payment for the vaccine doses that these two companies will supply to the government.Sohini Das and Dilasha Seth report.   Photograph: PTI Photo. Vaccine manufacturers......

How Government Is Making Use Of AI

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments. Illustration: Ruvic/Reuters   The government's vast work has got modern help:......

'PLI Has Been A Big Boost To Manufacturing'

'We can hope to see a lot of creation of jobs in the days to come,' IMAGE: Union Minister of Commerce and Industry Piyush Goyal during the inauguration of Invest India's new office in Singapore,......

Tax notices to employees a 'discrepancy', says TCS

Information technology major Tata Consultancy Services (TCS) on Friday termed the tax demand notices received by several of its employees a “discrepancy,” and the tax department will be......

E-invoice mandate may cover B2C transactions

Businesses across the country may soon be required to issue electronic invoices, or e-invoices, directly to consumers for the sale of goods and services. Kindly note the image has been posted only......

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio......

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