IT sector has lots of hope from the Union Budget 2014-15.
On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.
'The present government swears by Hinduism. But we lost three of our sants during earlier BJP regimes.'
Hit by scams in recent times, the IPL is yet to prove a good business move for its franchisees.
BCCI president Shashank Manohar, who is committed to ending the monopoly of India, Australia and England in the ICC, has been asked by working committee to apprised them of the steps that are being taken regarding the financial restructuring of the global cricket body.
Iqbal Ansari, one of the main plaintiffs who fought for the right of the community over the disputed land, says Muslims in Ayodhya won't be satisfied if the Sunni Waqf Board accepts the five acres in Dhannipur.
Company plans to raise the contribution of Indian private sector to its revenue from about 15% to about 50% in two-three years.
In a maiden initiative, the Election Commission has introduced e-filing of affidavits by candidates for the forthcoming Lok Sabha and assembly polls.
In view of the differences, Justices A K Sikri and Ashok Bhushan referred the matter to a larger bench of the apex court.
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
Switzerland will not share details about accounts held prior to September 2018.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
Even as the government's move to hike import duties on 45 items is seen as a sign of protectionism, the prime minister was himself involved in the process.
The apex court said the faith of Hindus that Lord Ram was born at the site was undisputed, and he is symbolically the owner of the land.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
States' demand for 5 years and Constitutional provision ruled out
'If Pinarayi Vijayan gets another term, Kerala will be a state where everybody has a house.'
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.
Earlier, Arun Jaitley had said 60 prosecutions had been launched on the 'HSBC list'.
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To get what it thinks are its dues, its brass have directed; construction, realty, renting of property, personnel supply, security & goods transport among those under lens
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave.
SEZs account for just about a third of India's merchandise exports (and roughly the same proportion of services exports). Yet, the notion of creating global manufacturing centres of the kind that propelled China to superpowerdom retains a durable appeal within the Indian policy-making establishment, notes Kanika Datta.
By doing away with the 1 per cent inter-state tax over and above the GST rate, the government has met one of the three key demands over which Opposition Congress has been blocking the Bill in the Upper House
Falling private sector investment and farm distress are problems that call for immediate attention, says T N C Rajagopalan.
CBDT circular issued last month had raised multiple taxation concerns.
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
Aimed at creating a single tax for goods and services across the country, government on Friday introduced the long-pending GST Bill in the Lok Sabha for roll-out of the new regime from April 2016 subsuming various levies like entry tax and octroi.
Financial Intelligence Unit data show many of these societies have become the biggest draw for laundering money. Subhomoy Bhattacharjee reports.
The government on Wednesday favoured a levy of a minimum 6 per cent of the sale price of the vehicle as a lifetime tax by various states.
'Only the coming years will tell whether the government finds this an easy way of relieving itself from its fiscal constraints.'
Preparing legal framework to protect states from revenue loss.
Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax
The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.
This was the companies' highest loss in two years.
He claimed the people of Delhi were facing "injustice and humiliation" since independence because the government elected by them lacked power to work for them.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
Advance corporation tax collections grew 8 per cent in H1FY17 against 6 per cent last year. A moderate pick up in advance corporation tax collections suggest the sector might not witness significantly high growth in FY17, says Dilasha Seth.
Action has been taken according to a memorandum that requires 'periodic review of performance of government servants'.
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