Top 10 biz headlines: I-T Act provisions, mkts after Iran strike, and more

From India Inc's overseas borrowings to NIP infra projects, here are the top 10 business headlines for the day

Budget 2020: I-T Act may allow seizure of trustees' personal assets

The Union Budget is likely to have a provision to make trustees liable in the case of violation of charitable trust norms linked to tax exemptions or registration of entities. The new provision under the Income-Tax (I-T) Act may enable the authorities to seize trustees’ personal assets if there’s a breach of objectives governing registered charitable trusts, a source in the government said. Read more.

Not interested in getting back to Tata group as chairman: Cyrus Mistry

The former chairman of Tata Group, Cyrus Mistry, on Sunday said he