Young buyers willing to frequently replace older models with newer ones are boosting bookings and sales.
Non-compliance, underreporting or misreporting will attract a penalty of 50-200 per cent. The authorities may during assessment even tax assets that are 15-20 years old
Indian tourists are increasingly settling for other destinations such as Southeast Asian countries, Australia, and New Zealand.
In the first tranche, the department will send out letters in 100,000 cases where the money spent is at least Rs 1 crore (Rs 10 million) each a year.
Asked about the Congress's opposition to the GST Bill, Santosh Kumar Gangwar said no party opposes GST outside Parliament.
One litre of petrol now costs Rs 64.76 while the diesel price is Rs 54.70 a litre in Delhi
If the new regime is introduced in 2017, the govt may lose out on cess, surcharge
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
Maruti, Hyundai & Mahindra together had 72.5% market share in year's first half.
The Kwid was launched in the last week of September.
One can see the scale of recalls going up as the market expands.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
The total dividend income for seven firms grows 25%.
The 0.5 per cent Krishi Kalyan Cess (KKC) on all services increases the total tax chargeable on services to 15 per cent, making it expensive to dine out or travel.
The income tax department on Monday released rules for equalisation levy - a tax on online advertisements that would come into effect from June 1.
Toyota, M&M and Honda are making tough adjustments to their growth plans as uncertainty over diesel vehicles and fuel emission norms rises
In the previous Budget, the government had come out with a similar scheme.
The cumulative loss of 20 state-run lenders stood at Rs 14,000 crore during Q4
The note guides taxman to avoid seeking voluminous details.
Almost every company launched a new product in FY16.
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