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New Delhi, June 7, 2011
The International Air Transport Association slashes the airline industry's profit forecast for 2011 by more than half to $4 billiondue to the sharp rise in oil prices, natural disasters and unrest in the Middle East and North Africa.

Shamni Pande
New Delhi/Mumbai, June 2, 2011
Industry observers, trade analysts and even merger and acquisition experts have been shaking their heads over the sheer magnitude, hardship and complexity of this 'utopian' exercise. If the bid really goes through, it could spell more trouble than good.

New Delhi, May 31, 2011
The government said that location-based services must be introduced across the country within three years, a move that may result in increase in mobile tariffs.

New Delhi, May 31, 2011
Baba Ramdev has threatened to go on hunger strike on the issue of black money and corruption from June 4.

B.S. Srinivasalu Reddy
Mumbai, May 31, 2011
The draft Direct Taxes Code provisions empower to probe into the commercial justification of the arrangements entered into by the tax payers, thus, choking some fund raising channels for charities.

Hyderabad, May 23, 2011
During the fourth quarter, the company incurred an expenditure of Rs 571.5 crore related to restructuring, forensic investigation and litigation support, class action settlement consideration and provisioning for impairment losses in subsidiaries.

New Delhi, May 23, 2011
Presenting its annual report card for the year 2010-11, the UPA govt says high prices still remain a major concern and hints at more steps to contain inflation, especially for the poor and vulnerable sections.
June 2, 2011
My father just retired at age 58. He is going to draw Rs 50,000 as pension per month and is likely to pick up a job that could pay him another Rs 50,000 per month. How should he go about investing this corpus to be financially secure, asks Hrishikesh Trivedi.

Suman Layak
May 26, 2011
The RBI penalises top banks which sold exotic forex products to consumers who did not understand them.

New Delhi, May 10, 2011
Food served in hotel rooms from their air conditioned restaurants with liquor licences will not attract service tax, the revenue department on Tuesday said.

May 6, 2011
In order to broaden the tax net, the Government on Friday sought public opinion on possibility of a negative list for service tax meaning that all services which are not mentioned in it would be taxed under the proposed GST regime.

New Delhi, April 19, 2011
CBDT chairman Sudhir Chandra says a notification will be issued in June that will exempt assessees with income up to Rs 5 lakh from filing returns.

New Delhi, April 18, 2011
The Finance Ministry has introduced simpler income tax return forms 'Sahaj' and 'Sugam' aimed at reducing compliance burden on salaried persons and small businessmen.

New Delhi, March 22, 2011
The proposed GST will subsume most indirect taxes like excise duty and service tax at the central level and VAT on the state front, besides local levies.

Arvind P. Datar
March 31, 2011
Arvind P. Datar says every budget in our country seems to pursue a single-minded agenda of raising the tax rates without any concern for the manufacturing and service sectors.

New Delhi, March 15, 2011
According to sources, the Cabinet cleared the Bill but there are certain changes which the Law Ministry has been asked to do. The government will push to table it in Parliament.

Anand Adhikari
March 19, 2011
The RBI's renewed offer to foreign banks to expand in India gets lukewarm response.

March 11, 2011
Under fire for the proposal to tax 'high-end' medical services, Finance Minister Pranab Mukherjee on Friday told Lok Sabha he is examining various suggestions and would respond later.

New Delhi, March 10, 2011
The I-T department, which earlier had raised a total tax demand of Rs 71,845 crore on Khan and his associates, has now included a 24 per cent penalty on this amount.
March 17, 2011
Manmohan Singh must recover the spirit of 1991 and become a reformer again to restore the credibility of his government, argues Gurcharan Das.

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