Just like US oil firm ConocoPhillips grabbed Venezuelan assets overseas to enforce an arbitration award, Indian bank accounts, airplanes and other foreign properties can be seized to collect $1.4 bill...

The upcoming Union budget is one of the more important ones our country has seen, coming as it is after a pandemic that brought the economy to a standstill and put a pause on people’s aspiration...

The countdown for the Union Budget 2021, to be presented on February 1, began with the traditional ‘Halwa ceremony’ in the North Block on Saturday. A customary Halwa ceremony is performed...

Bengal finance minister Amit Mitra has written a letter to Union finance minister Nirmala Sitharaman on relaxing the limits under Fiscal Responsibility and Budget Management Act (FRBM), release of tax...

The Sensex on Thursday scaled the 50000-level for the first time on hopes of an economic recovery and positive global cues but fell victim to profit booking to finish below the milestone. However, th...

Taxpayers with income from business or profession are looking for real simplification in income tax provisions that will push the envelope up in terms of ease of doing business and achieve the broader...

A top India-centric American business advocacy group has suggested finance minister Nirmala Sitharaman to lower tariff in the Union budget if the country wants to compete with China-backed mega free t...

The budget is expected to unveil more measures to build India as a hub in the global manufacturing chain and raise exports to increase the country's share in global trade to 5 per cent by 2025 fro...

Union Budget 2021-22 is expected to provide a road map to the banking sector to help it tackle rising bad loans, characterised in banking parlance as non-performing assets (NPAs). The measures being c...

Electric vehicle makers can expect a bouquet of sops in the budget to realise the government’s ambition to have 30 per cent of such cars on the roads in another 10 years. The government plans t...