Any company resident in a country has to pay both indirect taxes as well as Income Tax.
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
'This government has huge respect for the Supreme Court and when there is going to be a hearing on the review petition, it is appropriate to refrain from taking any action till then.'
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
The Civil Aviation Ministry has submitted replies to the CVC on a series of allegations raised by Nishikant Dubey against the deal and clarified all concerns raised by him, official sources said.
District Magistrate Ravindra Kumar hit upon the novel idea and sent 576 government employees to the central jail in Farrukhabad to interact with inmates, including government officials who are living in confines of the prison.
Securing the GDP estimates a month in advance would be a challenge and the government should take the Central Statistics Office on board before embarking on the new schedule for Budget presentation
CAG says Railways lost about Rs 4,300 crore in 2008-2012 because of improper documentation.
The one-member commission of inquiry under former solicitor general Gopal Subramanium will probe the alleged irregularities in DDCA.
A stream of people, including those from Rajasthan and Karnataka, walked into the only designated office before the closure of the one-time compliance window.
Manu Kumar Jain, vice-president, Xiaomi, and managing director, Xiaomi India, shares his thoughts with Arnab Dutta on how the firm has put India on the forefront.
The centre eyes airport-specific digital solution and ties up with start-ups to solve problem unique to BIAL
Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.
Hospital authorities said of the deceased at the GTB, at least nine received gun shots. One of the deceased is also a woman, they said.
Fifty other entities, including the Congress, have been served notices
'Debt mutual funds are a good option now because interest rates are coming down.' 'Retail investors must put a majority portion of your money in short-term debt funds (1 to 3 years) and only a small portion in actively managed dynamic funds.'
At a meeting of the Empowered Committee of State Finance Ministers, the Centre's plan to bring petroleum goods under GST regime was opposed.
'There is tension between the zones all the time.'
In July, IRS officers in Mumbai held an incendiary meeting where they criticised the alleged interference in 'operational matters' by the department of revenue.
Honest tax payers need not worry about the new black money law, says finance minister Arun Jaitley.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
Does the Union government or the RBI see itself as Krishna beheading Shishupal and what will constitute the 101st or indeed the past many sins for which a Sudarshan Chakra will have to be used? More importantly, what are those sins?
'If credit is not available, people will postpone buying. That's what has happened.'
The Supreme Court-appointed Committee of Administrators announced a new category 'A+' with an annual retainership of Rs. 7 crore. The top category includes the likes of captain Virat Kohli, Rohit Sharma, Shikhar Dhawan, Bhuvneshwar Kumar and Jasprit Bumrah.
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
The IMF dashed any hope that Athens could avert default.
'Kamal Nath and Digvijaya intentionally ignored Jyotiraditya's presence'
With Anil Kumble's contract ending after the ICC Champions Trophy, the Board of Control for Cricket India on Thursday invited applications for the post of head coach for the senior men's team.
Chidambaram said he was honoured that the two leaders visited him.
Virat Kohli and his predecessor Mahendra Singh Dhoni's demand for a pay hike for the team was on Thursday accepted by the Committee of Administrators, which also took their inputs on the issue of cramped scheduling.
Indian Economy poised for growth, say experts.
A plane carrying 72 people, including football players from Brazil, has reportedly crashed in Colombia. Authorities are responding to an emergency after an airplane with 72 people on board has crashed on its way to Medellin's international airport.
Clarity on the roadmap necessary to assess its likely impact on near-term fiscal health and investment.
As many as 753 violators of the odd-even scheme were challaned on Monday, the 11th day of the car-rationing measure's implementation in New Delhi.
The Centre would need the concurrence of 20 states out of 29 to impose a GST on petroleum
Cricketer Harmanpreet Kaur, who hit a stunning 171 not out in the recent women's cricket World Cup propelling India into the finals, has been promoted as Officer on Special Duty (OSD) in the Western Railway.
The Congress has conceded the plum Finance portfolio to its junior partner, resolving a thorny issue, after its president Rahul Gandhi intervened and spoke to Kumaraswamy.
Officers of the three premier services -- Indian Administrative Services, Indian Police Service and Indian Foreign Service -- will now spend a minimum of two years at each posting and any exception in the form of transfers or new appointments will only be done upon the recommendation of a civil services board, according to new rules aimed at checking political interference.
Meet Anand Kumar, a government clerk who transformed into a real estate and hospitality baron.
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