Because from June 1, 2015, you will have to fork out 14 per cent service tax instead of 12.36 per cent
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
On government's last week's announcement of revamping of PSU banks, Fitch Ratings said the move is "credit positive, but risks remain".
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
India must first improve working condition, then it can concentrate on Make in India concept.
Whether India can create labour-intensive factory jobs instead that it needs to put millions to work in the next few years looks very unlikely.
Before Lok Sabha and Rajya Sabha was proceedings were disrupted by a relentless Opposition over the demonetisation issue, other topics such as compensation for military personnel, counterfeit notes were spoken of. Here's what happened in Parliament.
'Gau rakshaks portray themselves to be bigger than the chief minister and Prime Minister Modi.' 'We have lost business of Rs 4,000 crore in UP alone since the BJP manifesto was released.'
Congress chief spokesperson Randeep Surjewala released a list of 55 persons who lost their lives while standing in queues at banks and ATMs in the wake of demonetisation and demanded compensation to their families besides probe into their death.
In the first of a four-part series, Business Standard takes a look at how a mint in Salboni, West Bengal, is working overtime to print currency notes.
Besides the young techies and nerds who indulge in hacking for fun and as a challenge to break into important and tightly secured sites, crime syndicates are on the prowl to steal passwords, account details and personal information to indulge in illegal money transfers, ATM withdrawals and other damaging activities.
The crux of the problem is change, specifically the Rs 500 note, which India's presses cannot, currently, print in adequate number, says Sahil Kini/IndiaSpend.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
'With technology advancing rapidly, the need for branches is declining.'
Bandhan Bank is the first bank to be launched in eastern India post Independence.
Drones are of course, remotely controlled and modern ships are also chip-driven.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
While some are relatively new in this business, Vodafone, which has 1.8 million touch points in the country, has been offering basic banking and payment services through its pre-paid mobile digital semi-closed wallet called M-Pesa since 2012.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
From small retailers' experiences with e-wallets to digital transaction numbers post demonetisation, Geetanjali Krishna and Karan Choudhury find out where the truth lies.
Around 80 mn rural households are estimated to have no access to grid power.
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
Distress sales, market closures and anchoring of fishing fleets have been reported from West Bengal, Andhra Pradesh, Tamil Nadu and Kerala.
Online retail is increasing market share rapidly.
If you have an IT firm, you should avoid encroaching on their turf.
Against National Democratic Alliance's 75 million target, United Progressive Alliance added 61 million in 2013-14.
It's not easy to ignore the newspaper ads with Diwali offers.
Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.
With Narendra Modi about to make his first Independence Day speech, there is a buzz in Delhi that Modi will make some big announcements to signal major reforms and directional shifts. But we have to wait and see if it happens, says Mohan Guruswamy.
'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like?
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
Bhendi Bazaar faces a fairytale future as the Dawoodi Bohras initiate a Rs 3,000-crore project to change it from a squalid marketplace to a swanky neighbourhood, says Ranjita Ganesan
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like? Archana Masih reports from India's other most talked about state.
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