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.
Indian exchanges see spurt in volumes due to the entry of newcomers to the trade
While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.
BSE proposes two models for making gold trading and investment transparent
If an equity share is purchased before January 31, 2018, at Rs 100 and the highest price quoted on January 31, 2018, in respect of this share is Rs 120, there will be no tax on the gain of Rs 20.
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.
Last week, the country's leading exchange, Zebpay, launched trading in Litecoin, which is the eighth-largest cryptocurrency, following rising demand from Indian investors.
Silver has a dual role - 60 per cent of the total silver produced is used for industrial purposes in the electrical & electronics segment and photovoltaic demand mostly for solar panels.
"Growth is expected to moderate gradually in China... pick up in India, and remain broadly stable in the Asean-5 region."
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
7 million jobs will be created in formal sector in FY18
On the basis of Budget projections, the Centre needs Rs 7.3 trillion revenue during December-March and its expenditure must be limited to Rs 6.7 trillion.
With recent rate cuts, November collections could be even less
A panel will draft direct tax legislation, keeping in mind the system in other countries, international best practices and economic needs of the country
Panel formed to simplify return-filing process, take feedback from stakeholders, experts
India Bullion and Jewellers Association said, self-certification of coins by refineries contravenes the basic purpose of a certifying agency.
'There were lots of functionalities the Group of Ministers asked us to incorporate.'
The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08
Govt squeezed capital expenditure, and also cut revenue expenditure, that does not go into creating assets, by 11% in H1
Experts advise investors to buy at lower levels in the next few months and sell at the higher end of their range in the second half, reports Rajesh Bhayani.
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