Over the next four years corporate tax will come down by 5 per cent and lot of exemptions will get phased out.
It emerges that not only does the CIDR project fails the test of fairness, justness and reasonableness besides the test of not being fanciful, oppressive or arbitrary; it also fails the test of Arthashastra, Hadith and the Bible.
For India's leading MFI-turned bank, the challenge is to stay competitive while pricing its loans
Rajan said investments should return after initial investor worries over Brexit.
Less than a fortnight after rejecting the Adarsh scam report, Maharashtra cabinet on Thursday decided to partially accept recommendations of the judicial commission, announcing action against indicted bureaucrats but appeared going soft on politicians named by the commission.
'I bow to the 125 crore citizens of this great nation and promise to stay true to the trust they have bestowed on me.'
The uniform SUC, if implemented as per recommendations made by Telecom Regulatory Authority of India, will provide relief for mobile operators such as Airtel, Vodafone and Idea, but will increase rates for broadband wireless access spectrum holders like RJIL.
Months after his meeting with Gujarat Chief Minister Narendra Modi, a lawmaker has praised his "honest, transparent and open" governance, which he said is attracting American companies to invest heavily in the Indian state.
YSR Congress chief Y S Jaganmohan Reddy and Andhra Pradesh minister J Geetha Reddy have been named in two fresh chargesheets filed in a local court by the Central Bureau of Investigation, which is probing alleged quid pro quo investments in companies owned by the jailed Kadapa MP.
Recent statistics show that the situation is no different across the country with several hospitals lacking the infrastructure to manage a breakout of a blaze.
Privacy is liberty itself. And in ruling on it, the Supreme Court must not only seize the concerns of today but also gaze into the future, says Apar Gupta.
IT services firm Tech Mahindra on Thursday posted a 57.6 per cent growth in consolidated net profit at Rs 718.4 crore (Rs 7.18 billion) for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.
Congress demanded a judicial inquiry by a sitting high court judge.
'You should be able to juggle them, extract the most rewards out of them, and most importantly, be able to repay your dues on time.' 'However, you shouldn't try to get multiple cards at once,' advises Adhil Shetty, CEO, BankBazaar.com.
ISI sought to intercept all communications passing through the country in 2013, the most significant expansion of its capacity to conduct mass surveillance to date and rivalling that of the United States and UK.
The Enforcement Directorate on Friday slapped a money laundering case against former Indian Air Force chief SP Tyagi and 20 others in the Rs 3,600-crore AgustaWestland VVIP chopper deal to probe alleged kickbacks of Rs.360 crore.
The Bill will facilitate setting up real estate regulators.
'He will be constrained if and when he tries to set the foreign policy agenda that is not to the liking of the army.'
They claimed that the 'harsh reality' in the backdrop of Goswami's statement is that the 'fake encounter of Ishrat Jahan and three other accomplices was ordered by the then chief minister and present Prime Minister Narendra Modi along with the then MoS, Gujarat Amit Shah'.
Action against auditors, last of the 276 recommendations of a JPC probing Ketan Parekh scam, is still pending.
'It is certain Jayalalithaa will be in no position to attend to official business.' 'Indeed, doctors would have forbidden anything that would aggravate her condition and lead to complications,' says B S Raghavan, the distinguished civil servant, advising how a Constitutional vacuum can be averted in Tamil Nadu.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
If companies get into trouble, the loan becomes a non-performing asset and "we very much want these assets to be back on track," Raghuram Rajan said.
'The dignity of the judiciary is going down.' 'There may be disputes and differences of opinion.' 'These are most confidential things. How can they come to the public domain?' Kalyan Banerjee, MP, asks the Lok Sabha.
It has been over two years since Husain Haqqani was forced to resign from the coveted post of Pakistan's envoy to the United States.
'Raman knew everything and was privy to all the details of Yakub's movements'
The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.
You don't need to be intimidated by the thought of filing tax returns
Sharing your credit card with the spouse has it perks. Read on to find out more!
The Bharatiya Janata Party on Saturday termed the communal violence bill as "the most obnoxious piece of legislation in independent India", saying had it been in place earlier, it would have resulted in punishment of the members of only the majority community over the Muzaffarnagar riots.
To ensure equal access to health care, the government must consider it in a holistic manner and improve all parameters.
The world is still figuring out the man as he continues his enigmatic journey towards the first 100 days of his presidency.
A historic railway service flounders for an inflexible privatisation policy.
'In this resurgent India, class is the new caste. We are shaken up only occasionally, and briefly, when a battered, tribal teenager from Jharkhand looks us in the eye from our closet,' says Shekhar Gupta.
TDSAT had stated no amount was payable till resolution of the disputes.
Penalties for undisclosed foreign income and assets extend up to 300%.
'We all expected Modi with the majority to tame the bureaucracy, but it is the bureaucracy that tamed him.'
'She has to get the funds, cut through bureaucratic flab, speed up modernisation, ensure planned acquisitions stick to timelines, make organisational changes and ensure the military is capable of performing the task that it is given,' says Brigadier S K Chatterjee (retd).
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
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