Of the 700-odd Indians having foreign bank accounts, not all can be deemed to be operating these illegally.
The Code on Social Security, 2020 gives a lot of comfort to gig firms which recognise cab drivers or food delivery executives as 'independent contractors' who directly do business with customers with the help of their digitised platforms.
New regime places more limits on unregulated foreign entities
Exemption from minimum alternate tax for REITs & infrastructure investment trusts; Depository receipts on all securities eligible for tax benefit
Absence of comprehensive data protection and privacy laws will be barriers in the government's digitalisation drive.
As Prime Minister Narendra Modi visits US, fund managers from India and abroad expect improving sentiments and impressive returns from Indian markets to help attract billions of dollars flowing into the country's asset management industry.
Signing of the pact will hopefully end stock market uncertainty that came with the mention of the M-name
The new law proposes to bring e-retail users and players into its fold.
Allegations of predatory pricing may not hold ground in the high-pitch turf battle for consumers' pocket between e-tail and retail.
Regulator's nod assumed more importance after the Maggi issue.
The present legislative framework on betting and gambling in India is sketchy, at best.
Employers' refusal to recognise TUs has caused industrial tiffs.
Compliance requirements, valuation, input tax credit transfers are likely to lead to tax litigation, says Sayan Ghosal.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
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