The ministry is likely to go by the recommendations of a committee on liberalising external commercial borrowings, headed by M S Sahoo, a former director with the Securities and Exchange Board of India.
Construction costs would be reduced to some extent and this benefit can be passed on to the customers, thereby spurring home buying
CBDT recently lowered threshold for this to Rs 8,333 a month. If you don't furnish this, a higher tax will be deducted at source from your income.
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.
Petrol prices on Thursday crossed Rs 73 a litre mark, the highest level since the BJP government came to power in 2014, while diesel touched a record high of Rs 64.11 a litre.
India has been able to attract 40 global smartphone makers to the country -- creating at least 50,000 jobs. But GST could hurt that, discovers Ayan Pramanik.
Penalties for undisclosed foreign income and assets extend up to 300%.
Theatres are finding innovative new ways to increase footfalls, discovers Vanita Kohli-Khandekar.
India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.
'I can snap my fingers and get 1,000 people overnight, but I can't guarantee that they will develop because there has been zero change in education in the country in the last nine years.'
The GST will also be applicable on the non-compete amount given by an employer to an outgoing employee, report Indivjal Dhasmana and Sudipto Dey.
The sportswear major has picked the activity to encourage a community around it in colleges.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Govt steps up security to check criminals seeking bank details of taxpayers
The conversion from ownership to taxi hiring services is gaining ground.
Making employers provide creche facilities would be a powerful incentive for women to stay on in the workforce rather than drop out owing to the pressure of child care, says Shuma Raha.
Businesses coming to terms with Ind-AS (Indian Accounting Standards) implementation, GST can do without further uncertainty and costs, say N Sundaresha Subramanian & Sudipto Dey.
The proportion in which a joint home loan is taken is important.
Revised tax forms will be simple; stress on foreign travel and assets has been reduced
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
100 per cent FDI is now allowed in almost every major TV distribution form (direct-to-home, cable, headend-in-the-sky, multi-system operators) and 49 per cent in TV news.
Bharti Airtel had planned to charge separately for internet-based voice calls provided by Skype.
The insurance sector is seeking clarity on the 'Indian management control' clause.
At present, 70% of the mobile handsets sold in India are imported.
In the past couple of years, Saregama has redefined itself into a 'content IP company'.
Fixed-line Internet is consistent and translates into a better experience for users.
With the help of technology and a billion citizens, two engineering students are on a mission to make India clean.
The government has to cover a lot of ground if it wants to achieve the target of generating 10 million new jobs in the sector over the next three years, says Shyamal Majumdar.
Consumer loans or personal continue to record the highest fraud incidence.
Sensex is trading firm; FMCG, real estate going strong.
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
Constantly evolving rules and anomalies over tax treatment have constrained corporate programmes in the first year that the government's CSR mandate has been in force.
With its free listing of goods and services, Facebook could disrupt the paid model adopted by classified players in the country, say Ayan Pramanik and Raghu Krishnan.
In the previous Budget, the government had come out with a similar scheme.
The GST bill's draft says tax would be levied on Maximum Retail Price
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
The Supreme Court-appointed Special Investigations Team on black money has also proposed that holding more than Rs 15 lakh in cash be made illegal for individuals and for companies, report Tinesh Bhasin and Sanjay Kumar Singh.
It will bring down the cost of a second house because of tax benefits and price appreciation
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
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