Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
Have patience and bear with this turmoil. Do not panic. Buy at declines for the long term, says Nirmal Jain.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
PwC wants to know what will happen when a company with substantial reserves is merged into a new concern and the resultant entity is converted into a limited liability partnership.
To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
PM Modi on Sunday called upon states to "speed up capital expenditure and infrastructure creation" to spur economic growth.
The Centre would need the concurrence of 20 states out of 29 to impose a GST on petroleum
The Jammu and Kashmir administration is planning to set up India's best mythological theme park near the famous Vaishno Devi shrine in Reasi district and has sought investors for the project, officials said.
Honest tax payers need not worry about the new black money law, says finance minister Arun Jaitley.
A glance back at some important events that occurred in 2018.
While the Centre is criticised for not cutting excise duty on petroleum products, it is the states which gain more from the rise in their prices
A new CBDT directive actively makes India-dedicated funds comparatively unattractive for institutional investors. It makes no sense, says Akash Prakash.
Negotiations near deadlock, as states oppose Constitution Amendment Bill.
The very design of the GST will bring in revenue buoyancy.
Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
States' demand for 5 years and Constitutional provision ruled out
The company will operate the IT system for five years.
If the central banks act harshly now, the markets will crash and then rally. If they are hesitant, the pain will be prolonged, predicts Debashis Basu.
A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.
Parliament on Thursday cleared the decks for the rollout of the historic Goods and Services Tax from July 1 as it approved four supporting legislations to usher in the one-nation-one-tax regime.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
NDA government has shunned populism.
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
Part of periodic Article IV consultations on state of the economy; team to have discussions with government as well as banks, private investors and civil society
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
Stating that pushing GDP growth, which has slipped to 5-year low of 6.8 per cent in 2018-19, is the top priority, President Ramnath Kovind said Modi govt will bring more reforms and raise farm investments to boost growth.
As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.
The case is related to the alleged irregularities in granting clearance by the Foreign Investment Promotion Board to INX Media, once owned by Peter and Indrani Mukherjea, for receiving overseas funds to the tune of Rs 305 crore.
In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.
The Enforcement Directorate has registered a money laundering case against Karti Chidambaram, son of former finance minister P Chidambaram, and others, taking cognisance of a recent CBI FIR against them.
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