The proposals outlined in Budget 2026-27 represent a carefully crafted, multi-year strategy designed to strengthen India's big bets on the path to Viksit Bharat 2047, says Sameer Gupta.
India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.
Building on last year's clearance of 172K cases, I-T department is pushing for faster appeal disposals, penalty reforms and system-driven processes to curb litigation and boost tax certainty.
This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.
Sharmila Tagore rang in her 81st birthday with her family and friends in Delhi.
In the bronze medal playoff, Deepika showed greater composure and tactical clarity than her defeat to Lim in the semis.
The Finance Ministry ruled out introduction of Advance Pricing Agreement programme for deciding tax liability of the companies in advance in the near future, saying that in the absence of an institutional mechanism such system would not be effective. An Advance Pricing Agreement is a binding contract between a taxpayer & the tax authority under which the 2 parties agree on the transfer pricing policy for specified transactions of the taxpayer over a given period of time.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
Faridabad's Sarita, who qualified as ninth seed, had a dominating outings in the first and second rounds before top-seed Oznur Cure Girdi of Korea halted her dream run in the last eight.
"The voting percentage is likely to go upwards when reports from all polling stations are obtained as polling is scheduled till 6 pm in many constituencies. Final figures will be known on Saturday after the scrutiny of form 17A," the EC said.
The representatives of outfits, including three breakaway factions, deposited their arms to the chief minister at a ceremony organised by the home department Guwahati.
Move to address MNCs' taxation woes; UK likely to be the next.
'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.'
APAs are part of govt's aim to move to a non-adversarial tax regime.
The development is expected to pave way for greater transfer pricing cooperation between the two countries, enhance investment flow
Finance Minister Pranab Mukherjee on Wednesday said the proposed Direct Taxes Code would give an edge to the country while dealing with international taxation issues.
'There doesn't seem to be much to look forward to in the new year.'
This doctor couple put their faith in India. And in return India has put faith in them.
There was a gap of more than two months between Prithvi Shaw's sample collection and the final report from National Dope Testing Laboratory.
Author-Scriptwriter Sadia Dehlvi remembers Zohra Sehgal.
The Delhi high court on Monday refused to stay an order of a trial court directing Indian Medical Association (IMA) president J A Jayalal not to use the organisation's platform to propagate any religion and cautioning him that loose comments cannot be expected from a person chairing the responsible post.
Shakila was known for her roles in Aar Par, CID, Raj Mahal, Alibaba Aur Chaalis Chor, China Town and Hatim Tai.
'Mazhab nahi sikhata apas mein bair rakhna,' a Delhi court said while directing Indian Medical Association president J A Jayalal not to use the organisation's platform to propagate any religion, and cautioned him that loose comments cannot be expected from a person chairing the responsible post.
With the Bharatiya Janata Party government in Karnataka facing political crisis, Congress President Sonia Gandhi and newly-elected Vice President Rahul Gandhi held detailed discussions with former External Affairs Minister and senior party leader S M Krishna about the political scene ahead of the May assembly polls there.
Sean F Foley, global leader of KPMG Transfer Pricing Services, who has also been an APA tax administrator for the American government agency, tells Business Standard companies are optimistic but cautious about the development.
The finance ministry has directed the Central Board of Direct Taxes to put in place a framework for an Advance Pricing Agreement mechanism, two officials familiar with the development said.
Move to increase 90-day window to 120 days to give more time to borrowers to service loans.
US car maker Ford on Thursday said it will introduce eight new products in India by 2015 in a bid to tap the burgeoning domestic car market.
A Russian cargo plane crashed in a fireball into a naval residential compound seconds after taking off from the airport of the southern Pakistani city on Sunday, killing at least 11 people--all eight crew members on board and three persons on the ground.
The e-filing of returns in FY14 saw an increase of 40 per cent with 25.6 million online returns being filed till March 22, compared with 18 million a year ago.
Delhi boy Arjun Vajpai, 16, created history on May 22, 2010 as he became the youngest Indian to step atop world's highest peak, 8,848 metre high Mount Everest via the traditional South Col route in Nepal.
In what would be a generational change in its engine technology, India's largest car manufacturer Maruti Suzuki has decided to introduce the new K-series petrol engine in all its cars in India in the next three to five years, according to the company's annual report for 2007-08.
President Ram Nath Kovind presented Padma awards to 73 individuals, some posthumously, at a ceremony held in the Rashtrapati Bhavan here on Monday.
The pleasure and satisfaction people get from sex is largely influenced by the attitudes they hold about how it should play out with their partner(s).
With the Indian army launching an e-recruitment portal on Tuesday for ex-servicemen who are looking out for a second career, jobs may just be a mouse click away.
A senior Cardinal says this is best left to the ailing Pontiff's conscience.
For ex-servicemen who are craving for a second career, jobs may be a mouse click away with the Indian Army launching an e-recruitment portal on Tuesday.
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