Surajeet Das Gupta And Indivjal Dhasmana

Stories by Surajeet Das Gupta And Indivjal Dhasmana

'India is a fundamental part of Uber's growth'

'India is a fundamental part of Uber's growth'

Rediff.com   23 Oct 2019

Uber CEO Dara Khosrowshahi says the younger generation doesn't dream of owning a car, but instead wants the freedom of having any service on demand.

Diwali relief for viewers: Zee, Star, Colors drop prices

Diwali relief for viewers: Zee, Star, Colors drop prices

Rediff.com   12 Oct 2019

The move by these broadcasters comes close on the heels of the Telecom Regulatory Authority of India announcing a review of its earlier tariff order, announced six months ago, which among others capped the prices for la carte channels.

Number of crorepatis rose by 16,345 in '18-'19

Number of crorepatis rose by 16,345 in '18-'19

Rediff.com   12 Oct 2019

As many as 97,689 people had more than Rs 1 crore gross income in 2018-19 AY against 81,344 in the previous year, shows official direct tax data.

Faceless tax e-assessment begins; 58,222 notices sent

Faceless tax e-assessment begins; 58,222 notices sent

Rediff.com   8 Oct 2019

Though the system is called faceless, it would have a room for inviting tax payers through video conferencing.

Govt eyes divestment proceeds to tackle fiscal deficit

Govt eyes divestment proceeds to tackle fiscal deficit

Rediff.com   1 Oct 2019

Divestment in BPCL, SCI, Concor, NEEPCO, and THDC would help the Centre keep its fiscal deficit in check in the wake of subdued tax revenues and a Rs 1.45-trillion hit for the exchequer from corporation rate cuts.

Will Apple's latest strategies help push India sales?

Will Apple's latest strategies help push India sales?

Rediff.com   26 Sep 2019

Recently, Apple did two things differently. First, it entered video streaming sector with cheaper options and second it has opened up its OTT service for non-Apple users too.

Telecom biggies are ignoring Chinese firms for 5G trial

Telecom biggies are ignoring Chinese firms for 5G trial

Rediff.com   23 Sep 2019

The move comes against the backdrop of the US and some of its allies banning the purchase of Chinese telecom gear over security concerns and pressuring other countries to follow suit.

Govt has a new plan to boost direct tax mop-up

Govt has a new plan to boost direct tax mop-up

Rediff.com   20 Sep 2019

The government has set a direct tax collection target of Rs 13.35 trillion, which includes Rs 7.66 trillion from corporation tax and Rs 5.69 trillion from personal income tax.

Why ride-hailing firms are lobbying for concessions

Why ride-hailing firms are lobbying for concessions

Rediff.com   13 Sep 2019

Ride-hailing services are also lobbying the government for the recognition of a new category for motorcycle-shared services, where the owner should not have to take a commercial licence. Pooled services is another area where taxi aggregators are hoping to make the government listen to them.

Aug GST collection falls below Rs 1 trillion

Aug GST collection falls below Rs 1 trillion

Rediff.com   2 Sep 2019

The collections stood at Rs 98,202 crore in the month, against Rs 1.02 trillion in July. The figures indicate continuation of economic slow down which was reflected in the gross domestic product (GDP) growth which plummeted to a 25-quarter low of 5 per cent in the first quarter of 2019-20, experts said.

Major tax relief likely for those earning up to Rs 55 lakh per annum

Major tax relief likely for those earning up to Rs 55 lakh per annum

Rediff.com   20 Aug 2019

DTC task force also favoured doing away with Dividend Distribution Tax by suggesting taxing dividends in the hands of shareholders.

The French Press, OYO's gift to India's coffee lovers

The French Press, OYO's gift to India's coffee lovers

Rediff.com   19 Aug 2019

OYO is also planning to set up some premium restaurants post the launch of The French Press. In recent months, the company has started four cloud kitchen brands - Adraq, O Biriyani, Paratha Pandit and Master of Momos.

DHFL resolution plan: Stakeholders seek legal protection

DHFL resolution plan: Stakeholders seek legal protection

Rediff.com   14 Aug 2019

The stakeholders want protection from any litigation which might arise due to fresh claims against the company, especially after PE funds have bought stake in the company and the resolution plan has been cleared by the bankers.

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Rediff.com   7 Aug 2019

Sources in the Fifteenth Finance Commission said that they will implement the provisions after the bill is enacted and the President makes a reference to it.

Art 370 gone, Google tax may come to J&K

Art 370 gone, Google tax may come to J&K

Rediff.com   7 Aug 2019

Digital commerce operators advertising on global social media, which earlier did not pay Google tax on their operations in Jammu & Kashmir, may now have to cough it up at 6 per cent.

UK, France push India's economy to 7th spot

UK, France push India's economy to 7th spot

Rediff.com   1 Aug 2019

According to data compiled by the World Bank, the UK's economy grew to $2.82 trillion and the French economy expanded to $2.78 trillion in 2018, against India's $2.73 trillion, showed the data.

2 years after roll-out, GST glitches still exist, says CAG report

2 years after roll-out, GST glitches still exist, says CAG report

Rediff.com   31 Jul 2019

The Centre's revenue from GST registered a decline of 10 per cent in 2017-18 compared to revenue of subsumed taxes in 2016-17.

What is the future of GST?

What is the future of GST?

Rediff.com   30 Jul 2019

With less than five months left for the report of the Fifteenth Finance Commission to be submitted, its chairman N K Singh said the report will have fiscal road map for states, depending on their current situation.

IMF cuts India's GDP growth rate to 7%

IMF cuts India's GDP growth rate to 7%

Rediff.com   24 Jul 2019

However, the World Bank has projected India's GDP growth rate at 7.5 per cent for the next three financial years, including the current one.

Sitharaman vows that every number in Budget is authentic

Sitharaman vows that every number in Budget is authentic

Rediff.com   11 Jul 2019

A query has been raised about the "missing" Rs 1.7 trillion fiscal hole in India's financial accounts. This is so because the Budget uses the revised estimates, a projection of how much the government was expected to earn, while the Economic Survey uses the first actual numbers.