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.
Government allows duty-free import of 500,000 tonnes raw sugar till June 12. At present, India levies an import duty of 40% on sugar
This amount is just about 10% of the previous IDS
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,
Retail jewellers may be exempted as customers are allowed to buy jewellery up to Rs 200,000 in cash
March requires 20% jump to meet year's goal; CBDT chief tells staff to sweat it out to meet target
'We need to see how quickly the industry comes out of the impact of the note ban.'
As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.
Output, consumption estimates further revised downwards; debt restructuring for mills possible.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
The company was looking to raise around Rs 1,800 crore for a stake sale of 10 per cent.
After demonetisation, demand jumped as many people with unaccounted money bought the yellow metal.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
If there is turmoil in currencies, gold can shoot up sharply, says author of Arora Report.
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