"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
The time the companies have to get ready for GST is 6 to 12 months.
Govt steps up security to check criminals seeking bank details of taxpayers
HNIs are scrambling to do so, as they fear government might introduce inheritance tax. This haste could cost them dear, reports Sanjay Kumar Singh
Portfolio investors based out of the US and other countries with which India does not have favourable tax treaties will have to pay a 15 per cent tax on their derivative transactions, after the Budget decided to classify income from all foreign portfolio investment as capital gains.
Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.
If a house is sold and the proceeds are used to buy another, whoever contributed to the purchase of the first house can claim exemption on capital gains tax
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With the implementation of the goods and services tax less than 75 days away -- assuming July 1 as the roll-out date -- Sudipto Dey provides a guide to how businesses can navigate the transition.
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
A strong showing will be vital to Narendra Modi's chances of a second term.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
Taxpayers might face several issues while filing returns this year.
Unless they have capital gains or assets abroad, most individuals will need to file ITR-1 or ITR-2A.
5 things to look at when companies go for mergers and acquisitions.
Do not declare them under Income Tax.
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