The government is working on setting up a “backstop facility” as announced in the Union budget in a bid to deepen the corporate bond market, a senior government official said on Friday. A...

Hard times call for tough decisions in the realm of economic policy. It is better not to be ideologically inflexible and a supple, pragmatic approach is warranted. The battered Indian economy requires...

The applicability of two sets of laws for the same purpose of issuing notices and reopening assessments has left income tax assessees bewildered and tax practitioners peeved. The procedures related t...

The income tax department on Tuesday said its new utility — developed to help TDS deductors and TCS collectors identify non-filers or specified persons on whom a higher rate of tax will be levie...

It is heartening when data bear signs of progress on the ground. Such signs were evident in the findings of the All India Survey on Higher Education, which showed that the gender gap in higher educati...

Lok Sabha was on Thursday adjourned sine die, bringing the nearly two-month long Budget session to an end. The session started on January 29 and was originally slated to end on April 8 but several me...

The year, 2020, will be remembered not only for the global pandemic but also for the National Education Policy. When NEP-2020 was announced, it was clear that heavy financial resources would be needed...

The proposed bad bank — the asset reconstruction company (ARC) proposed in the budget — will reportedly be formed by the end of this month. Finance minister Nirmala Sitharaman had announc...

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Employees of public sector insurance companies, including LIC and four public sector general insurers, are set to up the ante against the government move to divest LIC and privatise a general insuranc...