This means taxpayers might continue to enjoy exemption on maturity of their investments
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These are FM radio, uplinking news & current affairs, print media (news & current affairs), commodity exchanges, stock exchanges along with depositories and clearing corporation, power exchanges, petroleum & natural gas refining, insurance, defence production and private security agencies.
May include 'influencing a company's major policy decisions' in the current meaning.
The biggest problem is that those with Aadhaar numbers aren't coming forward for seeding these with bank accounts.
The government's decision to opt for a non-binding attempt at conciliation and under Indian law in its tax dispute with telecom multinational Vodafone is understandable, note experts.
Dept to focus on real estate, infra, mining and manufacturing to detect evasion.
No clarity yet on whether multi-level structure would escape ban.
The forecast has an error margin of four days, which is considered normal
Also discuss a proposal to increase the minimum VAT rate to 6% from 5%; no decision taken yet
As India raised its pitch for upgrade of ratings from the current lowest investment grade, Atsi Sheth, vice-president and senior analyst, sovereign risk group, Moody's Investors Service, tells Business Standard that she does not foresee any movement from the current grade in the next 12-18 months.
The move could streamline capital flows and help finance current account deficit
The government would try to minimise layers in FDI ceilings.
Despite a high current account deficit (CAD) and lower interest rates abroad, the Union government will not go for a sovereign bond issue to get more dollars.
Could turn out below last year's budget estimate, with some improvement in revenue and spending
Prime minister's office wants OMCs to bear credit subsidy for remaining 8 subsidised units on reimbursement basis.
April dealers with up to Rs 60-lakh (Rs 6-million) turnover could opt out with 1 per cent levy.
Clarity to help operationalise the controversial FDI policy of 2009.
Finance ministry gives bank boards the flexibility to decide whether the stipulated tenure of rural/semi-urban experience should be continuous or in parts.
I-T dept plans a different set of parameters to identify more people not paying dues properly.
In its next meeting, empowered committee of state finance ministers set to oppose a proposal on state govt undertakings' I-T deduction.
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