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Share buyback tax was not warranted

Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take......

Kerala moves ahead with rebuilding exercise

Kerala government on Friday spelt out steps to raise funds to rebuild the state ravaged by floods, even as opposition United Democratic Front demanded a judicial probe into the......

The Triumph of English, and why it's good for our youth

'No other language can now take its place. English is the language of professional education, which gives you a passport to a bright future,' says T N Ninan.Illustration: Dominic Xavier/Rediff.com......

Budget 2021: Gross tax revenues likely to get back on track in FY22

While the tax-to-GDP ratio of 9.88 per cent has been assumed for FY21, the same as last year, when it touched a decadal low, for FY22 a ratio of 10.7 per cent has been assumed, an average of the......

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

Most of the hirings are, however, in the entry or junior level. Illustration: Dominic Xavier/Rediff.com The vaccine rollout, and the resultant mood of optimism all around, has given rise to a......

Post Covid, 2-wheeler EV firms see steady growth

EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand. IMAGE: Union Transport Minister Nitin Gadkari and NITI Aayog CEO......

From the brink to recovery, India's retail sector pins hope on 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar......

MFs, alternative investment funds may come under ambit of new tax norms

The Finance Act, 2020, has inserted a sub-section, mandating a seller to deduct tax equal to 0.1 per cent of sale proceeds if the value of goods sold exceeds Rs 50 lakh in a financial year.......

Which films are coming up on OTT? Find out!

Prime was the first to grab streaming rights for seven titles for an estimated Rs 300 crore.Viveat Susan Pinto reports. IMAGE: Vidya Balan in and as Shakuntala Devi: Human Computer. Shoojit......

Gulabo Sitabo on Amazon: Producers earn Rs 20 crores profit

Gulabo Sitabo was made with a budget of Rs 40 crore to Rs 45 crore.Amazon Prime bought the streaming rights for Rs 60 crore to Rs 65 crore, helping the producers make over Rs 20 crore.Surajeet Das......

Lockdown effect: Rs 3,500 crores stuck in Hindi/Telugu/Tamil movies

'Maybe it's time for Plan B for the film industry.'T E Narasimhan reports. IMAGE: Cricket legend Kapil Dev with actor Ranveer Singh who plays him in Kabir Khan's film '83, which was to have......

Baahubali Effect changes how India makes movies

Several big budget movies, including one for Rs 300 crore on Karna and another Rs 1,000 crore movie based on Bhima, have been launched on the same model.T E Narasimhan reports. Additional inputs:......

Indian women golfers set to make history at LPGA event

Aditi, Diksha, Tvesa to play at Ladies Scottish Open. IMAGE: I have been waiting for this for long, says Diksha Dagar. Photograph: Tom Dulat/Getty Images In a first for Indian women's golf, three......

Football: 'Player value will fall by 18% post-COVID'

'The top 20 players - for example Kylian Mbappe, Mohamed Salah, Eden Hazard and Neymar - will see a value decline of 13%.' IMAGE: New signing Eden Hazard is unveiled by Real Madrid president......

Top 10 earning clubs in Deloitte 'Football Money League'

Real, Barca topple United off perch to become top earning clubs IMAGE: Real Madrid players celebrate with the trophy after defeating Liverpool 3-1 to win the UEFA Champions League final in May......

Sports shorts: Anand holds Carlsen; Atwal makes cut

Anand holds Carlsen to draw in Sinquefield Cup IMAGE: Viswanathan Anand in action. Photograph courtesy: Zurich Chess Classic Five-time world champion Viswanathan Anand played out his third draw......
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Gross tax revenues likely to get back on track in FY22

While the tax-to-GDP ratio of 9.88 per cent has been assumed for FY21, the same as last year, when it touched a decadal low, for FY22 a ratio of... ...

http://www.rediff.com/money/report/budget-gross-tax-revenues-likely-to-get-back-on-track/20210123.htm
From Tatas to RIL, India Inc goes into hiring mode as demand picks up

Most of the hirings are, however, in the entry or junior level. Illustration: Dominic Xavier/Rediff.com The vaccine rollout, and the resultant... ...

http://www.rediff.com/money/report/from-tatas-to-ril-india-inc-goes-into-hiring-mode/20210122.htm
Lack of tiny parts disrupts auto factories worldwide

Automakers braced for turmoil when the pandemic hit. They expected supply chain disruptions and plummeting sales. But they never figured that a... ...

https://economictimes.indiatimes.com/small-biz/trade/exports/insights/lack-of-tiny-parts-disrupts-auto-factories-worldwide/articleshow/80261832.cms
KPMG in India appoints Sunit Sinha as Partner and Head of People, Performance and Culture

In this role, Sinha will lead KPMG in India’s human resources function which comprises talent management and strategy, driving the people culture... ...

https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/kpmg-india-appoints-sunit-sinha-as-partner-and-head-of-people-performance-and-culture/articleshow/80229295.cms
What can the Budget do to direct and indirect taxes?

Finance Minister Nirmala Sitharaman will unveil the Union Budget for financial year 2021-22 on February 1. The Budget 2021 comes at a time when the... ...

https://economictimes.indiatimes.com/markets/stocks/news/what-can-the-budget-do-to-direct/indirect-taxes/budget-to-the-rescue/articleshow/80211449.cms

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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