2021: A year of many firsts for the revenue dept

A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax......

Budget may give FPIs relief from tax on indirect transfers

Indirect transfer provisions were introduced in 2012 to handle the taxation of transactions wherein share transfers happened abroad, although the underlying assets were Indian.   It appears......

A rare case, when I-T withdrew money from start-up accounts

It’s not unusual for the tax departments to freeze bank accounts and there have been instances of the authorities recovering the outstanding from the bank, though such course of action is not......

Cyprus debt funds halt remittances from India

Cyprus-registered funds that invest in Indian debt instruments are refraining from taking their redeemed investments back to the island nation. Fears over safety of their money, following the......

Want to Know What Uorfi Javed Is Really Like?

Amazon Prime Video has announced 69 assorted Web series and movies, and the slate sure looks interesting. Here's looking at the Web series that you will be watching this year! Do Read: Watch Vijay......

Ranji Trophy round-up: Baroda take lead against holders Karnataka

A summary of the third day's play in the Ranji Trophy league matches at various venues across the country. Riding on superb bowling by Swapnil Singh (4-74), Baroda bundled out Karnataka for......

Ranji Roundup: Baroda thrash Punjab by an innings & 116 runs

IMAGE: Railways's Saurabh Waraskar celebrates against Mumbai at the Wankhede Stadium on Tuesday. Photograph: PTI Baroda inflicted a massive innings and 116 runs defeat on Punjab on the back of an......

Ranji Trophy round-up: Bengal grabs three points despite Sehwag 50

Owing to their first innings lead, Bengal grabbed three crucial points against Haryana after their Group A Ranji Trophy match ended in a draw at the CH Bansi Lal Cricket Stadium, Lahli in......

Ranji round-up: Sehwag sizzles with unbeaten ton on green top at Lahli

File picture: Virender Sehwag celebrates his century. Photograph: Robert Cianflone/Getty Images Lahli: Veteran opener Virender Sehwag is making most of his hard-earned form as he blended caution......