States' demand of compensation from Centre for loss of tax revenue not on agenda.
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
Finance Minister Arun Jaitley presented the Union Budget.
India's GDP had recorded 7.5 per cent growth in the April-June quarter of last fiscal.
Have companies overlooked the impact of GST on employee benefits such as health check-up facilities, mediclaim, mobile handsets, house lease, long service awards, employee welfare schemes, and so on, asks Anita Rastogi, partner-GST and indirect tax, PwC
Almost 40 per cent of a durable company's sales are achieved during the festival season
'A total overall of the existing way of working by abolishing taxes and allowing citizens to help themselves without any government bottlenecks and impediments,' observes Rahul Mishra.
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
As part of this strategy, the e-commerce major has launched a programme to manage the entire business-to-business inventory supply and management for kirana stores in three cities in Karnataka.
The new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
If you are buying a bond to cater to your regular income needs, check the interest distribution schedule.
The industry is losing Rs 20 crore a day, as consignments stalled just before festivities.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
It said the money supply recovered to its pre-demonetisation level in mid-2017 and is now increasing steadily, similar to the previous trend.
Hyundai sold 6,054 units of the new Verna in September, against 6,010 units of the Honda City and 5,603 units of the Maruti Ciaz.
The added burden on manufacturers for recycling e-waste is expected to impact their margins, which may further lead them towards hiking prices of other items.
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year
'If the current mood in North Block, headquarters of the finance ministry, is anything to go by, the government will now keep a closer watch on all kinds of schemes and projects undertaken by different central ministries. 'The next six months will determine which central schemes will have to be wound up and which ones will survive the axe,' says A K Bhattacharya.
Industry experts said the major pain point would be tax collection at source, which would create a rift between sellers and e-commerce companies.
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