Tax Authorities

Nirav Modi's art collection including rare oil paintings to be auctioned today; likely to fetch around Rs 50 cr

Indian tax authorities are hoping for a windfall with the auction on Tuesday of rare oil paintings that were once part of fugitive billionaire jeweller Nirav Modi’s collection and have been seized by the government

Govt plans to tighten rule for auditors after instances of misdeeds; to bolster corporate governance framework

In recent times, some auditing entities as well as auditors have come under the regulatory lens in connection with alleged misdoings at companies as well as for quitting audit work of corporates on various grounds

Income tax returns: Ahead of 31 July due date, a look at new changes in the filing process

While the deadline for filing the return remains the same at 31 July, one of the biggest change is the introduction of late filing fees of Rs 5,000 (if the return is filed by 31 December) or Rs 10,000 (if filed after 31 December).

I-T dept demands Rs 550 crore from Cadbury in tax dispute

India's tax office has demanded about Rs 550 crore ($88 million) from the local arm of chocolate maker Cadbury, now Mondelez International Inc, in a dispute over a factory in the foothills of the Himalayas,

SpiceJet's woes continue: Now DGCA wants to know how much the airline owes to banks, tax authorities

DGCA sources told CNBC-TV18 that SpiceJet has been asked several additional questions related to its dues.