Fresh PoEM guidelines will affect pharma, energy, automobiles, manufacturing and software companies.
The PMGKY will not allow declarants to use claims made for refunds for advance taxes paid, tax deducted at source and tax collected under the scheme.
Import growth moderated to a four-month low, owing to sharp decline in that of gold.
Rajesh Bhayani highlights all that you need to know about the online currency.
Rajesh Bhayani examines what SEBI's approval of diamond futures trading means for the diamond market players.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
Whether or not such an overhaul will be carried out depends on the government's comfort level.
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.
Downloading songs, movies, books? You may have to pay tax on it.
Exemption limits, standard deduction on radar.
An expected withdrawal of FIIs from the market likely to weaken the rupee against the dollar.
'Investigation directorates have intensified actions in detecting serious irregularities.' 'They are seriously handicapped because of non-availability of manpower.'
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
The I-T department will rely on data analytical tools and run models to separate black money holders and genuine taxpayers based on the large data base being shared by banks.
Adjusted for inflation, the earlier scheme would have collected Rs 25,000 crore.
Consensus seems a problem before the current session of Parliament ends.
It was found the declarants were persons of suspicious nature and very small means, and the declarations could have been misused.
Measures may include tax slab and rate revisions for individuals, companies.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
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