Dilasha Seth &Amp; Raghavendra Kamath

Stories by Dilasha Seth &Amp; Raghavendra Kamath

State FMs meet Nirmala, demand fiscal stimulus

State FMs meet Nirmala, demand fiscal stimulus

Rediff.com   22 Jun 2019

Sitharaman exhorted the states to work together with the Centre, stating that while the Union government sets the direction of economic growth, it is for the states to ensure effective implementation on the ground.

Blackstone inks India's biggest office property deal

Blackstone inks India's biggest office property deal

Rediff.com   19 Jun 2019

Blackstone has bought A Wing and some part of B Wing of the building, which has three wings with a total area of 1.5 million square feet.

PM to meet FinMin officials from all departments on June 20

PM to meet FinMin officials from all departments on June 20

Rediff.com   15 Jun 2019

This meeting has led to the deferment of the Goods and Services Tax (GST) Council meeting by a day.

GST collection crosses Rs 1 trillion for third straight month in May

GST collection crosses Rs 1 trillion for third straight month in May

Rediff.com   6 Jun 2019

Despite a steady collection rate, the government faces a steep Budget target of Rs 6.1 trillion for CGST for 2019-20.

Places where even rich Mumbaikars fear to tread

Places where even rich Mumbaikars fear to tread

Rediff.com   5 Jun 2019

50% of south-central Mumbai's high-end apartments remain unsold. The reasons include rocketing prices and a demand-supply mismatch. Of the unsold stock in south-central Mumbai, 38 per cent comprise units sized above 2,000 sq ft carpet area - too high for even wealthy Mumbaikars.

Corporate India pitches for GST rate cut

Corporate India pitches for GST rate cut

Rediff.com   31 May 2019

Durable, automobile and real estate players have been lobbying hard for a tax cut, saying it will boost demand.

India to battle it out with US, UK to tax digital firms

India to battle it out with US, UK to tax digital firms

Rediff.com   30 May 2019

The US is pressing for taxing digital economy through the 'marketing intangibles' principle and the UK through a 'user-base' principle.

Changes likely in tax audit report for charitable trusts

Changes likely in tax audit report for charitable trusts

Rediff.com   29 May 2019

The report, floated recently, comes a few days after the government cancelled the registration of Bengaluru-based NGO Infosys Foundation for alleged violation of norms in receiving foreign grants.

What GST Council will likely discuss in its June meet

What GST Council will likely discuss in its June meet

Rediff.com   27 May 2019

The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.

How Modi govt plans to spur economic growth

How Modi govt plans to spur economic growth

Rediff.com   27 May 2019

There is talk of a fresh approach to a new labour code as well as reforming land acquisition laws in such a way as to be politically.

Warbug Pincus, Runwal form JV to build malls

Warbug Pincus, Runwal form JV to build malls

Rediff.com   21 May 2019

Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to develop malls across tier-I, II and III cities.

Godrej Properties buys a piece of film history: RK Studios

Godrej Properties buys a piece of film history: RK Studios

Rediff.com   4 May 2019

Swanky flats, mall to replace the iconic property.

Services become costlier, goods cheaper in five years of NDA government

Services become costlier, goods cheaper in five years of NDA government

Rediff.com   2 May 2019

The rates of price rise in many services used by the common man, including hospital and nursing, cook, domestic help and bus (fare), among others, have also touched double digits during the last four years, putting a burden on disposable income.

Where did our MPs spend funds?

Where did our MPs spend funds?

Rediff.com   25 Apr 2019

Infrastructure projects were the top picks for MPs, with 40% of the total funds spent on the development of railways, roadways, pathways and bridges.

Tax dept may pitch for lower I-T target when next govt presents Budget

Tax dept may pitch for lower I-T target when next govt presents Budget

Rediff.com   23 Apr 2019

CBDT feels 30% growth in income-tax not feasible.

CBDT's proposal to lower tax collection target shot down

CBDT's proposal to lower tax collection target shot down

Rediff.com   4 Apr 2019

The direct tax collections are likely to fall short of the revised Budget target by Rs 650 billion and, in fact, were Rs 150 billion lower than the original estimate for the fiscal

Now, Japanese firms are keen to develop Indian realty

Now, Japanese firms are keen to develop Indian realty

Rediff.com   25 Mar 2019

Big conglomerates of Japan, including Mitsubishi Corporation, Sumitomo Corporation, and Mitsui Group, are looking to both build and buy commercial properties in key Indian cities.

All about the media-shy half-brother of Ratan Tata

All about the media-shy half-brother of Ratan Tata

Rediff.com   25 Feb 2019

Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.

Recent tax sops to realty sector will actually be of little help

Recent tax sops to realty sector will actually be of little help

Rediff.com   4 Feb 2019

Many developers are facing financial challenges after the IL&FS defaults, after which non-banking finance companies - the major financiers to real estate firms - slowed disbursals.

2 members of National Statistical Commission quit over jobs data report

2 members of National Statistical Commission quit over jobs data report

Rediff.com   30 Jan 2019

With the two members quitting, the NSC now has only two members -- Chief Statistician Pravin Srivastava and NITI Aayog CEO Amitabh Kant.