Once the Finance Bill 2017 is passed, jewellery will be treated on par with general goods which attract 1 per cent TCS on cash purchase of above Rs 2 lakh.
The industry status will help the sector access bank lending at average interest rates
The G20 meeting of the finance ministers and central bank governors beginning July 19 will also be attended by Reserve Bank of India Governor D Subbarao and Deputy Governor Urjit Patel.
'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'
Vipul Ambani, a runner who participated in city marathons, never wore his last name on his sleeve, was easy-going, mild-mannered and always smiling. Yet, the question that begs to be asked is why would he join a luxury jewellery company, says Pavan Lall.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
HDFC Life has a balance between traditional policies and Ulips
The Indian tennis ace hopes to finish in the top 20 next season.
More metallic debris was washed ashore on the Indian Ocean island of Reunion on Sunday as investigators probe the missing flight MH370.
Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.
The mega campaign, to start on Mahatma Gandhi's birth anniversary, will be conducted just before the elections in three major Bharatiya Janata Party-ruled states and also before the 2019 general elections.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
Leaders of 22 opposition parties met the Election Commission and demanded verification of VVPAT slips of randomly-selected polling stations before the counting of the votes.
The 58-day yatra is aimed at seeking people's mandate in the assembly elections scheduled to be held later this year.
For a party that has adopted the successful social re-engineering model from Gujarat, Rajasthan and across the rest of the 'Hindi belt' over the past decades, Tamil Nadu continues to remain a tricky customer, says N Sathiya Moorthy.
Frankly, there is no reason not to open a PPF account and start investing in PPF
After Brexit, ethnic minorities in Britain worry about their future.
The bench also sought a report about an inquiry made on the issue.
The president-elect has vast public, social, and political experience which will help him better to discharge his duty as the First Citizen of India.
'The leadership is confronted with an economy growing at its slowest pace in 20 years,' points out Claude Smadja.
For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.
Rising interest rates slows down the overall growth in the economy
Punjab and Sind Bank beat Indian Oil 2-0 in the final to win the Major Rangaswamy Trophy.
United States President Barack Obama on Thursday announced additional sanctions on Russia primarily targeted at its economy, certain individuals and a bank, in response to Russian action in Ukraine.
'By transferring the case to the NIA without the Maharashtra government's consent clearly indicates they want to play mischief.'
Admissions are open at St Joseph's Boys' Anglo Indian Higher Secondary School.
These 12 images prove that we truly live in an incredibly bizarre world.
Croatia were in dreamland on Thursday after advancing to the knockout phase of the World Cup for the first time in 20 years with a 3-0 rout of Argentina that left a subdued Lionel Messi and his team mates facing yet another flop.
Four institutional teams and the eight winners of the pre-quarter-final league will battle it out in the Super League, beginning on Friday.
The US dollar has risen about 15 per cent since mid-2015.
Mohun Bagan conceded a late goal to see Kerala's State Bank of Travancore equalise 1-1 in their NFL game in Kolkata.
'The smartest businessmen are shopkeepers as their return on investment is better than anyone else.'
The world's two largest economies, the United States and China, will again win most gold medals at the Olympics and Britain will push Russia into third place in the overall standings, Goldman Sachs predicted in a survey released on Monday.
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.' 'For each country, its own interests should be paramount, and it is futile and churlish to expect China to be an exception to this rule,' says B S Raghavan, the distinguished civil servant and long-time China-watcher.
IOC beat defending champions Indian Airlines 4-1, while PSB edged past Services 2-1 in the 61st Senior National Hockey Championship.
After yoga guru Baba Ramdev was banned from conducting programmes in Himachal on Monday and booked in Maharashtra and Rajasthan under the Scheduled Caste and Scheduled Tribes Atrocities Act for his honeymoon remarks targeting targeting Rahul Gandhi, the yoga guru said he would move the courts against the curbs.
Punjab and Sind Bank thrashed ITBP 7-1 in a Pool I match of the 61st National Hockey Championship.
