Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.
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.
The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe
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.
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.
Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.
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.
India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively.
Agriculture implements that are currently taxed up to 18 per cent may come under the 12 per cent or the 5 per cent bracket.
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
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.
Top firms get GST notices on credit claims on Friday; replies sought within hours.
Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years and 20% if held for longer than 36 months.
'Our stable outlook currently points to the fact that the ratings are likely to remain stable for the next couple of years.'
The Income Tax Act might be amended to give effect to "jurisdiction-free assessment"
It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
Whether it's about colonising Mars or donning Net-connected apparel, 2022 is a year everyone seems to be planning for, says Nivedita Mookerji.
GST council may propose a faster refund procedure, deferment of electronic way bill, further simplification of composition scheme
With recent rate cuts, November collections could be even less
Govt doesn't buy restaurants' input tax excuse and has swing into action and looking into profiteering complaints on social media against prominent restaurant and franchise chains.
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