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New Delhi, July 1, 2011
The Cabinet Committee on Economic Affairs (CCEA) approved the sale with the preconditions that Cairn or its successor has to treat royalty payments on Rajasthan oilfields as recoverable from oil sales, Oil Minister S Jaipal Reddy said. 

New Delhi, May 28, 2011
A panel of ministers has recommended stringent conditions for approving London-listed mining group Vedanta Resources Plc's $9.4 billion takeover of Cairn India.

New Delhi, May 27, 2011
The views of the panel of ministers will be placed before Cabinet Committee on Economic Affairs (CCEA) in two weeks time, Oil Minister S Jaipal Reddy said.

Kushan Mitra
May 15, 2011
Its once-prized Logan is now the Mahindra Verito, but the Renault brand will return in May with the Fluence, says Kushan Mitra.

New Delhi, February 25, 2011
Railway Minister Mamata Banerjee proposes the highest-ever plan outlay of Rs 57,630 crore for 2011-12. Railway Budget Full Coverage | Read summary of Economic Survey 2010-11

Mail Today Bureau
New Delhi, August 31, 2010
India wants to simplify its direct tax laws, mainly its Income Tax Act, which is now nearly 50 years old. The government wants a modern tax code in step with the needs of an fast-growing economy.

Mail Today Bureau
New Delhi, August 31, 2010
Finance Minister Pranab Mukherjee on Monday introduced the Direct Taxes Code ( DTC) Bill in the Lok Sabha, which fell far short of the sweeping reforms promised in the draft version of the Bill.
March 23, 2010
If you own two houses, you can claim only one as self-occupied, while the other will be considered as let-out property.
January 21, 2010
Despite expert advice that you must spread tax-saving investments over a year, you are again scrambling to exhaust the Rs 1 lakh limit before March. Help is at hand with this ready reckoner for all options that qualify under Section 80C. Take your pick.
November 4, 2009
If we assume a life expectancy of 80 years, you will require a corpus of Rs 2.36 crore to get a pension of Rs 40,000.
September 30, 2009
According to the Income Tax Act, losses under ‘house property’ can be carried forward even if the return is not filed on time. The loss can be carried forward for the next eight years and can be set off against income under the head ‘Income from house property’.

Rakesh Rai and Sushmita Choudhury
April 2, 2009
When it comes to affordability - whether you are waiting for prices to come down or take a home loan, or even if you are repaying one - this year is turning out to be better than the previous one.

Babar Zaidi
January 8, 2009
The various tax-saving avenues under Section 80C can be used by individuals to suit their financial needs. We analyse the available options. Your house as a tax haven The cost of a legacy Focus on safe returns

Sameer Bhardwaj
December 10, 2008
During an economic slowdown or recession, it is not advisable to follow a fixed investment style in mutual funds as it can be detrimental to the fund’s performance.
November 13, 2008
If the income-tax office has provided incorrect account details, you can resolve the matter by visiting ITO with the copies of the acknowledgement of your return and the bank statement with the account details.
October 15, 2008
The year 2007 was remarkable for virtually every asset class. Money Today reached out to experts on stocks, real estate, mutual funds and commodities for their views on the way the markets will pan out in the coming times.

Babar Zaidi
September 18, 2008
A believer in frequent portfolio-churning and even quicker profit-booking, Rakesh Goyal has realised that his strategy isn’t working as well due to the higher tax on capital gains.
August 21, 2008
Yes, Section 24(b) of the Income Tax Act allows deduction of interest due on home loan from the head 'Income from house property'.
May 14, 2008
Yes, you can avail tax deduction for payment of rent subject to certain conditions. Read on to know the complete answer.
March 7, 2008
Service tax has come a long way from the time when it was imposed at 5% on telephone bills, stock-broking charges and general insurance premium. The tax rate has since jumped to effectively 12.36%, including the cess. This Budget has added four new services in the tax net, taking the tally to 104.

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