It takes eight to nine months for developing a robust software from the time the rules are decided, warns Bharat Goenka, managing director of Tally Solutions, one of the entities entrusted as a 'Suvidha Provider' with developing ready software for customers to get them ready for the coming Goods and Services Tax.
A mega Diaspora event with an attendance of around 7,000 people is being planned.
The move is expected to create space for more budding entrepreneurs in the country to be eligible for self-certification, relaxed public procurement norms, rebate in patent filing, start-up funding, investment and easier closure compliance.
As the PM completes three years in power, figures show that the spending on foreign travel has reduced as compared to his predecessors -- Manmohan Singh and Atal Bihari Vajpayee.
The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.
Underlines need to reduce human interface; wants tax e-assessment in more cities
Hasmukh Adhia to present revenue dept's performance over past year & plan for current financial year
Data shows that the PM's overseas travel bill reduced from Rs 140.14 crore to Rs 87.16 crore in the second year; data for third year is not available yet.
This is, say tax experts, the first time that a car race circuit has been held to be the permanent establishment of an assessee.
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
This amount is just about 10% of the previous IDS
Anshuman Magazine of CBRE discusses effective leadership, millenials, Trump's America and his core business -- the real estate market -- with Nivedita Mookerji.
No mention of cab aggregators in GST bills
Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end.
States should have enough time. We still do not know the rules. There are a lot of operational difficulties, says Jammu and Kashmir Finance Minister Haseeb Drabu.
They are evaluating realignment of warehouses and supply chains, besides exploring locations to set up hubs and shutting down some distribution centres
After acquiring Grama Vidiyal Microfinance last year, IDFC Bank is looking for opportunities to strengthen its retail capabilities, says Rajiv Lall, its chief,
March requires 20% jump to meet year's goal; CBDT chief tells staff to sweat it out to meet target
As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.
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