Most of the jewellers who had reopened their showrooms in confusion on Monday, kept shutters down today at Mumbai's Zaveri Bazar and several other places, demanding rollback of the proposal.
Perturbed over the continuing loss of jobs in Britain, a House of Commons Committee plans to launch a wide-ranging inquiry into alleged loss of call centre and IT jobs from the United Kingdom to countries like India.\n\n\n\n
At least 11 states accounting for two-third of the country's trade and industrial output are ready to introduce value-added tax from June
The aim of his visit was to explore how financial institutions can be co-opted in reviving the local economy.
Adverse IPR report expected this week;Poor labelling could take fight to WTO
Assocham expressed concern over the precarious situation that the manufacturing sector is in, observing that if the trend does not reverse with monetary and fiscal measures it would be difficult for the industry to generate jobs.
The decision includes suspension of sale of gold coins and other physical forms of the yellow metal, as also as an investment product across all its businesses and subsidiaries, Reliance Capital said in a statement.
As unemployment has gone up, countries have tightened their visas. We need to make sure there is no long-term impact, said CII.
The price of ensuring no disruption after rolling out the GST seems to be an imperfect GST with many relaxations in its compliance norms, says A K Bhattacharya.
Suzuki Motor Corp's 85-year-old CEO Osamu Suzuki named his eldest son as the new president of Japan's fourth-biggest automaker, easing investor concerns over the firm's succession plan and boosting the company's shares by more than 5 percent.
Some of the world's wealthiest Indian billionaires, such steel magnate Lakshmi Mittal and mining and metals tycoon Anil Agarwal, are based in London.
He is expected to invite German companies to invest in India and participate in 'Make in India' initiative
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
Chidambaram said that of the total 17 lakh (1.7 million) registered service tax payers, only seven lakh of them were paying the levy.
The commitment by Japan to invest $35 billion or 3.5 trillion YEN is for infrastructure sector over five years.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
Last week, a Rajya Sabha committee had allocated five hours for discussion on GST.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Have companies overlooked the impact of GST on employee benefits such as health check-up facilities, mediclaim, mobile handsets, house lease, long service awards, employee welfare schemes, and so on, asks Anita Rastogi, partner-GST and indirect tax, PwC
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
There is mutual invoice matching which ensures reason why GST was brought in first place, says Adhia.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
B M Munjal positioned motorcycles as more fuel efficient than scooters, which struck a chord with the cost-conscious Indian buyers.
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
Indonesian Trade Minister Gita Wirjawan, Chair of the Ninth Ministerial Conference, and the three Vice Chairs, in a joint statement, urged 'all WTO members to come together over the next few days to make the necessary breakthroughs, working closely with WTO Director General Roberto Azevedo.'
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The new capital of Andhra Pradesh is expected to be in the Vijayawada-Guntur region.
The 10th ministerial conference, will be held at Nairobi, Kenya.
Narendra Modi and Barack Obama will ponder over ties twice over, says Nayanima Basu
Vice President Hamid Ansari on Tuesday left Lima for the first ever bilateral visit to Cuba by a top Indian leader after a "landmark" tour of Peru during which four agreements were signed.
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment
Industrialists have the same complaints as they did in the UPA's second stint.
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
The year 2014 alone witnessed 2.37 lakh road accidents on national and state highways across the country which had left at least 85,462 people dead and 2.59 lakh injured.
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