The flow of economic news suggests that "good days" are not here as yet.
Within the next two years, verification and scrutiny of returns will happen electronically through anonymised back offices manned by tax experts and officials. It will function without any personal interface between taxpayers and tax officers. Both the taxpayer and the tax officer will not know each other -- who is scrutinising whose return, and at which place, points out Kuldip Kumar, partner and leader personal tax, PwC.
If the economy gains momentum, that is a big positive for markets, given the strong macro of low inflation, falling rates, and a stable rupee, says Akash Prakash.
The daughter of the victim, who died after Smriti Irani's cavalcade hit their vehicle, on Monday said that she pleaded before her with folded hands but the Union HRD minister didn't provide them any help.
'We think FY18 will end with a 10 to 12 per cent earnings growth, but FY19 will see a recovery to over 15 per cent.'
'While dairy farmers are suffering from low prices, consumers are paying a high price for milk.'
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
Budget in the medium term aims to kick-start the investment cycle.
Darryl D'Monte mentored more journalists than any other editor of his generation. Some of the biggest bylines owe their beginnings in our glorious profession to this wonderful human being.
The notable names in the NYC marathon donning their running shoes for charity on November 2.
Aggressive rate hikes by the US Federal Reserve could result in a flight of capital from emerging markets like India, says B Gopkumar, chief executive officer, Reliance Securities.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
The lumbering Ambassador and Fiat cars, it ruled the Indian roads throughout the 1970s, while the Rajdoot and Jawa as well as the old Royal Enfield motorcycles trailed far behind.
It is quite common for couples to take a break from their daily routine and travel to break the cycle of monotony. However, Shyam Singh and Anna Gapych upped their game by taking selfies around the world in different locales and sealing the happy moments with a kiss. The Indo-Ukrainian couple aim of checking off 40 countries on their bucket list within just a year! Take a look at their journey so far.
The Rio Olympic Games got off to a shambolic start on Saturday as fans queued for hours at security checkpoints to enter venues, with some missing their events and many athletes competing in front of eerily empty stands. Games organisers apologised for dropping the ball on the first day of full competition, the morning after a dazzling opening ceremony, as iconic venues such as beach volleyball on the famed Copacabana beach saw only a few hundred spectators.
'Gau rakshaks portray themselves to be bigger than the chief minister and Prime Minister Modi.' 'We have lost business of Rs 4,000 crore in UP alone since the BJP manifesto was released.'
A first-of-its-kind travel show explores the special bond a father and daughter share.
Here is a flashback of the top moments from the just concluded quadrennial Games...
The Delhi high court Wednesday refused to give interim stay on the Aam Aadmi Party government's plan to impose the odd-even number plate formula for plying of private vehicles from January 1.
Coal, land, insurance bills are cited as govt's commitment to reforms.
Meet the Ravana makers of Titarpur, courtesy Geetanjali Krishna.
As many as 18 troopers of Army's School of Artillery have been arrested for allegedly vandalising a police station on the Nashik-Pune Highway and attacking policemen on duty, prompting the Army to initiate a probe into the incident.
Iconic rights activist Irom Sharmila on the highs and lows of her long fast, why she gave it up and her plans.
Rediff reader Subin Mohan from Dubai, talks about owning a Royal Enfield.
Encouragingly, the recovery also appears to be becoming broad-based
A consortium of three US-based firms - AECOM, KPMG and IBM - was given the task of developing the master plan.
'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'
Tatas plan to revive, not sell the Port Talbot steel plant. The investment could be as much as $500 million.
Karan Narsu takes a look at the most gob-smackingly expensive bikes launched in India this year
Shubir Rishi/Rediff.com continues his jungle adventure and narrates his day at the Kanha National Park.
Corporate India tempered its victory celebrations for the supposedly business-friendly Narendra Modi-led National Democratic Alliance's landslide electoral victory by highlighting the need for immediate steps to create jobs through inclusive economic growth.
'The incidents that used to happen in our time, have they stopped now?' 'Can you imagine they made an acid attack victim consume acid? And when did this happen?' 'When the CM was inspecting the thana...' 'History tells us that a party does not remain in power permanently.' 'Finally, they will have to deliver.'
Commercial vehicles however declined by 2.83%
Maruti Swift DZire cuts out as the most fuel-efficient offering.
Flood waters receded further in Kashmir Valley on Thursday enabling rescue teams to evacuate another 2000 stranded people and provide crucial supplies for people desperately waiting for help in submerged areas.
Why India is an FDI magnet. The country satisfies several reconditions to attract FDI.
Chris Froome seized early control of the Tour de France, the 2013 champion snatching the yellow jersey after a crash-marred third stage won by Spain's Joaquim Rodriguez on Monday.
This is dil ka alliance, mil ke jeetenge (It is an alliance of heart, we will win together)... says Congress vice-president Rahul Gandhi while addressing a joint press conference with Uttar Pradesh Chief Minister Akhilesh Yadav.
If and when this latest crisis moves towards resolution, it's unlikely that the economic solutions will take much precedence, says Sreenivasan Jain.
The city is becoming more democratic as the past embraces the future says Rahul Jacob.
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