Nitin Sethi And Dilasha Seth

Stories by Nitin Sethi And Dilasha Seth

Does TN govt's decision to permanently close Sterlite hold water?

Does TN govt's decision to permanently close Sterlite hold water?

Rediff.com   5 Jun 2018

When it closed close down the copper plant at Thoothukudi in 2013. Its orders were held illegal by the NGT on procedural grounds

Free banking services offered to customers not under GST ambit

Free banking services offered to customers not under GST ambit

Rediff.com   4 Jun 2018

The ambiguity arose after notices were sent to lenders for non-payment of service tax under the pre-GST regime

HUL, Nestle not sure how to pay profiteering sums

HUL, Nestle not sure how to pay profiteering sums

Rediff.com   1 Jun 2018

Experts point out that National Anti-profiteering Authority does not have the power to advise companies on depositing amounts voluntarily.

Modi @ 4: How 'swachh' is our Bharat?

Modi @ 4: How 'swachh' is our Bharat?

Rediff.com   30 May 2018

While household toilets are only one part of the large challenge for the government, having liquid and solid waste management facilities, along with water delivery across the entire country, is a trickier one.

Did NDA govt help Vedanta's Tuticorin factory?

Did NDA govt help Vedanta's Tuticorin factory?

Rediff.com   25 May 2018

The environment ministry till May 2014 (still under UPA) ordered that cases like Vedanta's expansion plans need to consult people. But in December 2014, the NDA government reversed this position and in March 2015 the environment ministry extended Vedanta's environmental clearance till December 2018. This it did even while the question of the need for public hearing by projects in different kinds of industrial parks was being contested in the courts. This allowed the company to carry out construction.

Why India needs to be cautious about GST

Why India needs to be cautious about GST

Rediff.com   17 May 2018

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

Tax notice on free banking services may be withdrawn

Tax notice on free banking services may be withdrawn

Rediff.com   10 May 2018

Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided

India keen on global framework to tax digital companies

India keen on global framework to tax digital companies

Rediff.com   21 Mar 2018

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.

PMO steps in to speed up GST refunds for exporters

PMO steps in to speed up GST refunds for exporters

Rediff.com   9 Mar 2018

The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports

Will alcohol now come under GST?

Will alcohol now come under GST?

Rediff.com   8 Mar 2018

Additional solicitor-general says extra-neutral alcohol liable to new tax

Nilekani's idea maybe tweaked to make GST input credit smoother

Nilekani's idea maybe tweaked to make GST input credit smoother

Rediff.com   23 Feb 2018

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.

Budget: Why customs duty was hiked on mobile phones

Budget: Why customs duty was hiked on mobile phones

Rediff.com   9 Feb 2018

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.

How India plans to tax digital entities like Facebook, Netflix

How India plans to tax digital entities like Facebook, Netflix

Rediff.com   5 Feb 2018

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.

Invested in Bitcoin etc? Get ready for the taxman

Invested in Bitcoin etc? Get ready for the taxman

Rediff.com   20 Jan 2018

Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.

Even for Generation Y, newspaper reading remains a habit

Even for Generation Y, newspaper reading remains a habit

Rediff.com   19 Jan 2018

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.

Now, black money stashed in Singapore banks under govt lens

Now, black money stashed in Singapore banks under govt lens

Rediff.com   18 Jan 2018

India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively.

GST rates of 70 more items likely to be cut

GST rates of 70 more items likely to be cut

Rediff.com   17 Jan 2018

Agriculture implements that are currently taxed up to 18 per cent may come under the 12 per cent or the 5 per cent bracket.

Budget 2018: Tax norms for listed stocks may be tweaked

Budget 2018: Tax norms for listed stocks may be tweaked

Rediff.com   17 Jan 2018

There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.

Budget 2018: FY19 fiscal deficit target may be set at 3.2%

Budget 2018: FY19 fiscal deficit target may be set at 3.2%

Rediff.com   8 Jan 2018

The government had breached its fiscal deficit target given in the Budget for 2017-18 in November itself, touching 112 per cent of the limit.

Google, Panasonic, Suzuki among 100s of firms hit with 'unrealistic' GST notice

Google, Panasonic, Suzuki among 100s of firms hit with 'unrealistic' GST notice

Rediff.com   6 Jan 2018

Top firms get GST notices on credit claims on Friday; replies sought within hours.