A panel will draft direct tax legislation, keeping in mind the system in other countries, international best practices and economic needs of the country
Panel formed to simplify return-filing process, take feedback from stakeholders, experts
Ministry of Corporate Affairs is now likely to examine whether all active companies have PAN or not
'There were lots of functionalities the Group of Ministers asked us to incorporate.'
Their bank accounts have been frozen. State governments have been told to restrict sales and transfers of real estate assets these companies own.
Veena Mani reports.
The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08
Govt squeezed capital expenditure, and also cut revenue expenditure, that does not go into creating assets, by 11% in H1
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Those involved in the discussions say the guidelines for selection of bidders in insolvency cases need to be transparent, otherwise anyone who loses out could take legal recourse, leading to wastage of time and derailing the whole process.
The government plans to rationalise trade margins for many other medical devices, besides stents and knee implants.
Her appointment as World Health Organisation's deputy director offers an opportunity to push for improving the medical research environment in India.
With the amendment, firms like EY and Deloitte can work as resolution professionals instead of only their partners enrolling as insolvency professionals.
NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.
P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.
Depreciating the rupee against the dollar to boost economic growth has fiscal constraints and monetary limitations
Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.
While the Centre is criticised for not cutting excise duty on petroleum products, it is the states which gain more from the rise in their prices
The ease of doing business has not picked up in a vast number of states and Union Territories.
Petroleum Minister Dharmendra Pradhan's wish to levy indirect tax on petrol unlikely to be taken up
Data from Tamil Naduindicates that NEET favours likely CBSE students. CBSE students took every third seat available in government medical colleges in the state.
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