The GST will also be applicable on the non-compete amount given by an employer to an outgoing employee, report Indivjal Dhasmana and Sudipto Dey.
No mention of cab aggregators in GST bills
Service companies such as Infosys, Tata Consultancy Services and Airtel, among others, would be particularly hit.
Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic
'I expect fourth quarter GDP growth to be sharply down.' 'I would imagine it would shave off at least one percentage point, if not more, as compared to the third quarter.'
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
They now believe their money will be repaid after completion of the tenure of the instruments they have invested in, says Anup Roy.
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
It is not a good idea to take the line that since demonetisation happened in the third quarter, everything that happened then was a consequence of that, says Chief Statistician TCA Anant.
PwC wants to know what will happen when a company with substantial reserves is merged into a new concern and the resultant entity is converted into a limited liability partnership.
Deficits could come under more pressure in coming years as states implement their own Pay Commissions.
Rather, the existing ones should be implemented speedily to clean up the mess.
According to bond dealers, the spike in CD issuance could indicate that liquidity won't remain as comfortable by the end of the financial year (March 31) as it now is.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
StanChart India CEO Zarin Daruwala is building a culture of 'celebrating liabilities,' the tough negotiator tells Niraj Bhatt and Anup Roy over lunch.
Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge
Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge
The Indian Staffing Federation says their demand assumes significance as the formal sector will grow after demonetisation and the segment will play a crucial role in that.
Treats gains on sale of as capital gains, not business income, spares him from huge tax liability.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.