The Direct Tax Code wants us to give up all tax exemptions in exchange for lower tax rates and easier compliance. The government gets a larger income tax base and the taxpayer a lower rate.

PricewaterhouseCoopers faces its toughest test in its 138 years in India—partners pulling away as it builds back its cred. Here's how it is at the inner circle of India's top audit firm.

The UK-India Joint Economic and Trade Committee (JETCO) was set up in pursuance of the UK-India Joint Declaration made at London by the Prime Ministers of the United Kingdom and India on September 20, 2004.

Like most people, you may think you don’t but you could be wrong. BT kicks off a three-part series on sound financial planning. In the first, we begin by emphasising the need for a professional planner.

The draft direct tax code, if implemented in its current form, promises to be a game changer for individual taxpayers as well as for personal finance. We show how.

We bring you the most comprehensive insider account of the latest outbreak between the feuding Ambani brothers so far, write Puja Mehra and Suman Layak.Anil's spoilers

The commitment to introduce the new Direct Tax Code signifies the government’s vision to keep tax laws simple and promote tax certainty and improve the quality of tax compliances.

India’s biggest conglomerates feel the pain after an adventurous bout of mergers & acquisitions in the boom times.

The time-bomb of foreign currency-denominated debt has been ticking for some time now and some of India’s best-known companies are at the doorstep of a default.

In its five years at the Centre, the United Progressive Alliance government persevered for just one goal: Survival. Here’s a rating for its key ministers.

Jagdish Khattar recounts his bumpy ride at Maruti’s wheel when BT asked some industry veterans like him to share how they survived severe crises in times of economic slowdown. Job loss: Are you next?5 Lakh to 50 LakhThere’s life after layoff...Dealing with your first slowdownTime to talkCampus droughtUnited we stand

Business Today takes a peek into the inscrutable Indian operations of the global Big Four. Do they deserve the flak they’ve come in for in the wake of the Satyam fraud? Yes and no. Suman Layak & Puja Mehra go into the details. The big 4Big cheese Vs small frySome don’t like it bigThe problem withinThe bloodhounds of bookkeeping

The stock market meltdown has hit the wallets of executives of India Inc. and even their retirement plans. It has taken a toll on the value of your ESOPs. What are your options now?

The sooner you start planning for taxes, the better it will be for you. Here’s a quick guide to get you started.

When the stock market was booming, dozens of Indian companies issued foreign currency convertible bonds (FCCBs) to raise cheap capital. But with stock prices crashing and conversion coming up, they are in a soup.

The token increase in fuel prices isn’t enough to stem the flood of red on the balance sheets of state-owned oil marketers.

Choosing a retirement product to suit one’s requirements is important. Insurance companies have launched pension plans that work like ULIPs. How do these work?

Millions of individuals waited with bated breath to hear whether the Finance Minister would dish out some sops to them in his direct tax proposals.

If cash is going out of fashion, thanks to the credit card, it won’t be long before plastic makes way for another payment system. And this one could well be in your mobile handset.

More people are warming up to credit—for buying anything from a dream home to taking a Swiss holiday. The credit fever shows no signs of reducing.