The average time lag between the date of occurrence of a fraud and its detection is 23 months; for large frauds (Rs 100 crore and above), it was 57 months. Illustration: Dominic Xavier/Rediff.com......
Developers will soon be allowed to transfer used plant and machinery of up to 20 per cent of their total capital goods requirement to special economic zones they set up. This will mark a......
Income tax authorities are closely examining the tax implications of recent cross-border deals struck by Indian companies. Prominent among the deals is the Tata group's acquisition of a 30 per cent......
India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers. Illustration:......
Chinese credit is following Chinese equipment into India's power sector.After Reliance Power struck a deal for $1.1 billion (Rs 5,000 crore) in loans from three Chinese banks last December, private......