Paying only minimum amount due on your outstanding credit card balance? You are just made for credit card companies!
'The BJP's numbers in this government are almost the same as those enjoyed by the Congress under P V Narasimha Rao when the reform process was kicked off in 1991.' 'As before, the only constraints on the prime minister's actions are internal, not external.' 'They come from his own assessment of the political consequences of any action,' points out Mihir S Sharma.
Expanding investigation into allegedly wrongful claims of input tax credit by insurance companies, the tax authorities are probing a section of automobile dealers who have supposedly generated fake invoices without providing any service, which is a punishable offence under goods and services tax (GST) law. The authorities are learnt to have questioned the car dealers to explain the services they provided general insurance companies. The investigators suspect car dealers pitched for insurance schemes that give them commissions in excess of those insurance regulations permit.
Ramaswamy's stance on H-1B visas is reminiscent of the 2016 Trump campaign, when then-candidate Donald Trump, who has also hired a number of foreign workers under H-1B visas for his businesses, took a hardline stance on these foreign workers before later softening his rhetoric.
The 'Protect and Grow American Jobs Act', which, makes important changes to the eligibility requirements for H1-B visa exemptions was re-introduced on Wednesday
RCap had proprietary investment book of Rs 2,000 crore (Rs 20 billion) as on end-March and owns stake in a host of companies.
With the fate of the Development Enterprise and Services Hub (DESH) Bill in limbo, the commerce department is working towards tweaking some rules under the existing special economic zone (SEZ) law to allow use of unutilised spaces in IT/ITES for non-SEZ purposes. The move, when implemented, will free-up the land area that is not in demand through partial de-notification of certain floors or buildings, thereby allowing easier exit. "The department of commerce is discussing the matter with the revenue department before making changes in the Special Economic Zone Act, 2005," a person aware of the matter
The customs officials, based on an intelligence input, halted a Malta-flagged merchant ship -- CMA CGM Attila -- at the port en route to Karachi on January 23 and inspected the consignment, which included a Computer Numerical Control (CNC) machine, originally manufactured by an Italian company.
Officially called the Border Security, Economic Opportunity and Immigration Modernisation Act, 2013, the Bill being pushed by the Obama administration gives the domestic IT professionals in the US a 60-day period to find a new job after they lose the existing one, among several other sweeping reforms.
Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
It could end the payment backlog and improve the revenue flow of discoms, says Piyush Goyal
The US of late has seen a rise in Hinduphobia which needs to be fought because there is no place for hatred in this country, Indian-American Congressman Shri Thanedar has said, as he joined a group of Hindu leaders and organisations seeking to fight this growing hate crime against the community.
Given the politics behind it all, one possibility is for binding the governor to act according to the decisions of the state government and clarifying his position vis a vis bills and resolutions passed by the state assembly -- or, re-enacted if returned, points out N Sathiya Moorthy.
The two companies are into products and services, including real-time charging, billing, pre-paid products and managed services catering to the wireless telecom space.
H-1B visa reform bill introduced in US Senate
Offenders will be tried under Prevention of Money Laundering Act
The Bill's 2007 version covered only MFIs not regulated by the Reserve Bank of India.
According to the bill, Indians should not exceed 15 per cent of the population.
The President has given his assent to four Bills including the Cable Television Networks (Amendment) Bill
At present, Railways foots a bill of Rs 9,000 crore (Rs 90 billion) in electric consumption.
The government will "notify such countries or territories outside India to which a data fiduciary may transfer personal data", according to the draft unveiled on Friday for public feedback.
Other proposals include grading of hospitals, expanding network.
Power supply to cricketer-turned-politician Imran Khan's palatial residence was cut off by a Pakistani firm over non-payment of electricity bills amounting to over Rs 1,00,000.
The Enforcement Directorate on Friday conducted fresh searches in poll-bound Rajasthan as part of its money laundering investigation into the alleged Jal Jivan Mission scam.
Why do we need a cure here for peculiarly Western diseases when we don't have those diseases, and which the West itself is not trying to cure, asks Debashis Basu.
The first killer provision in the Comprehensive Immigration Reform Bill is the ban on client site placement for H-1B workers.
A new law that defines how companies should process users' data came into force with the President giving assent to the Digital Personal Data Protection (DPDP) Act passed by Parliament in the just-concluded monsoon session. The law arms individuals with greater control over their data while allowing companies to transfer users' data abroad for processing, except to nations and territories restricted by the Centre through notification. It also gives the government power to seek information from firms and issue directions to block content.
Mutual funds, bonds, PPFs, equity and real estate are some options which offer varying rates of return.
Parliament on Thursday approved a bill for giving more flexibility to the board of directors and improve corporate governance standards in public sector banks after Rajya Sabha passed it by voice vote.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
The Modi government is learning to deal with the reality that it does not have a majority in the Rajya Sabha.
From fantasy to football, OTT is beaming with all kinds of goodies this week.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
The Bill would impact only Indian companies.
Govt to scrap 8 appellate tribunals; National Company Law Appellate Tribunal to take over Competition Appellate Tribunal's duties
K N Balagopal (Communist Party of India -Marxist) said the Congress and the BJP were acting as A-Team and B-Team and not allowing the House to discuss the bills.
The government asked digital platforms to provide technical and business process solutions to prevent and weed out misinformation that can potentially harm society and democracy, Union Minister Ashwini Vaishnaw has said.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
The Bill will come up for discussion in the upcoming winter session of the Parliament.
