Experts point out that National Anti-profiteering Authority does not have the power to advise companies on depositing amounts voluntarily.
The minister without portfolio is recovering well after his kidney transplant and has started walking in his hospital room.
The chargesheet was filed against Nirav Modi and 23 others.
"Under different scenarios, we see the impact of higher crude prices ranging from $25 billion to a maximum of $50 billion on the oil import bill. The increase in the oil import bill will also affect the current account deficit," economic affairs secretary S C Garg said in a conference on Friday.
India studied the Malaysian model, which was scrapped on Wednesday, before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry
Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier.
Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided
India is the second largest buyer of Iranian crude, after China.
A memorandum, signed by the chief ministers or finance ministers of Andhra Pradesh, Puducherry, Karnataka, Delhi, West Bengal, Kerala and Punjab, said the terms were disruptive and a cause for concern.
The recommendation to slash duty was made by the Bharatiya Janata Party to ease retail prices of petrol and diesel.
On a daily basis, an average cash logistics company transports Rs 5,000-8,000 crore worth of cash nationwide.
As the Centre deals with the fallout of cash shortage in certain parts of the country, Principal Economic Advisor in the finance ministry, Sanjeev Sanyal, bottom, left, tells Arup Roychoudhury that the demand for cash has seen a spike of late.
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
The fiscal deficit rose primarily on the back of lower non-tax revenues, which came in at 60 per cent of full-year target, compared with 62.4 per cent for the same period last year.
FPIs are currently capped at 5 per cent of the total outstanding government dated securities, and own 4.5 per cent
Though this is part of the divestment drive, government's stake in these companies remains 100 per cent even after the buybacks
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.
Arvind Subramanian was appointed CEA in October 2014 and got a year's extension in September 2017
The case goes back to 2014, where the diamond merchant had pleaded guilty, though indirectly, for mis-declaration of exports of diamonds.
The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports
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