The BJP is still short of the halfway mark of 123 in the 245-member House, but can now muster a 'working' majority with help of allies, friendly parties, some Independents and nominated members.
Currently, companies are taxed in the jurisdictions in which they have a physical presence. However, digital businesses generate revenues from markets without a significant physical presence in a country.
The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports
Additional solicitor-general says extra-neutral alcohol liable to new tax
The rapprochement could open the door to an anti-saffron alliance for the 2019 general elections, reports Archis Mohan.
BJP strategists know it may not repeat its 2014 performance in its traditionally strong bases in the north and the west. This is where the success in the north east and east is so important.
The GoM will meet on Saturday to finalise single-stage, simplified, return filing under the GST; report will be placed before GST Council on March 10.
'We will have a big say in Delhi in 2018 or 2019 (whenever the elections are) in the Lok Sabha.'
Even as the government's move to hike import duties on 45 items is seen as a sign of protectionism, the prime minister was himself involved in the process.
The existing double taxation avoidance agreements will not be covered by the proposed change, implying that in order to tax Facebook, Google and the like, India will require to renegotiate tax treaties.
Rahul Gandhi stressed the importance of an electoral understanding in UP if the BJP is to be defeated in the Lok Sabha polls.
The BJP leadership believes these parties are flexing their muscles in the run-up to the Lok Sabha polls for better seat-sharing deals.
Yechury has dropped enough hints that a fight is in the offing at the Hyderabad conclave in April, where any member may move an amendment to the draft on the party's electoral line. Archis Mohan reports.
Budget forces last minute change in finance minister's plans.
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.
Newspaper readership was 50 per cent in the 16-19 year age group, the highest in any age segment, followed by 42 per cent each in the 12-15 years and 20-29 year age group.
India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively.
Agriculture implements that are currently taxed up to 18 per cent may come under the 12 per cent or the 5 per cent bracket.
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances