News: The Special Investigation Team (SIT) probing black money has approved compounding of offences under the Income-Tax Act for Indians holding accounts in foreign banks, many of whom are facing prosecution for tax evasion and concealment of income. This facility would be extended to foreign account holders who have fully ...

News: The market participant as well as industrialists will be keenly watching the government’s efforts to find a way to get parliamentary approval for the Goods and Services Tax (GST) Bill amid a belligerent opposition. If the Bill is not cleared , there is a high likelihood that market could ...

News: Successive Reserve Bank of India chiefs have faced bigger challenges than the government meddling in their affairs, poor quality data with which they have to call interest rates, and a research infrastructure that falls short of need. The Columbia University alumnus, Prachi Mishra is on a mission to bring ...