The lockdown has taught companies a lesson or two on running business with fewer human resources. These lessons are unlikely to be forgotten, observes Mahesh Vyas.
Lok Sabha passed the Finance Bill, after approving more than two dozen official amendments, by voice vote, thus completing the Budgetary exercise for 2019-20 in the Lower House.
Individual taxpayers may see a slight dent in their profits earned on investments in mutual funds or life insurers' investment offering.
It is undoubted that writing a new law based on learning from the experience of half a century is a Herculean task and the taxpayer and tax collector alike require time to acclimatise with a new code.
Wants investment limit for tax savings schemes be increased to Rs 320,000
After the Cabinet approved the Direct Taxes Code Bill, Finance Minister Pranab Mukherjee had yesterday said the corporate tax rate is sought to be retained at the present level of 30 per cent, but there will not be any surcharge or cesses on it.
The government also informed the apex court that it has completed negotiations for Tax Informations Exchange Agreement with 10 countries where the money is believed to have been stashed.
Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.
Besides Vodafone, several other major MNCs like Nokia and Shell were locked in tax dispute with the revenue department.
But, govt plans to bring some provisions that can't wait.
Cricketer-turned-politician Gautam Gambhir on Tuesday criticised the use of force against students but said police will have to retaliate if "unwanted elements" indulge in violence. Scores of protesters, including Jamia students, police personnel and locals were injured, four DTC buses torched and over 100 private vehicles and 10 police motorcycles damaged in the violence that took place during the protest against the controversial bill on Sunday.
Apart from developers of special economic zones and units operating out of them, the proposal will also affect companies in power, infrastructure, food processing, hotel and hospital sectors, among others.
The long awaited direct tax code bill (DTC) proposes to simplify Indian taxation system. Here's how it will affect and benefit the salaried class.
Though clarity on various aspects is still some way off, let's take a look at the impact of the Revised Direct Taxes Code.
The move comes ahead of the assembly elections scheduled early next year.
Finance minister tries to put house in order before reforms are unveiled in February.
Two men, who were apparently part of a demonstration by Jamia Millia Islamia students on Sunday, have been admitted to the Safdarjung Hospital with "gunshot injury", sources said on Monday.
Kejriwal runs his party with the proverbial iron fist and has learnt to temper his aggression, say people close to him.
The government now ends its mandate with reaffirmation in the vote-on-account of the same goals, for which it claims to have a clear line of sight.
As his government completed one month in power, Delhi Chief Minister Arvind Kejriwal on Thursday said controversies surrounding the Aam Aadmi Party dispensation never affected its functioning and asserted that his team did a good job in addressing various challenges facing the city.
To begin, the Budget has no doubt attempted to address uncertainty.
Arvind Kejriwal, engineer, civil servant and Delhi's man with a development agenda, is the David who slayed the government's Goliath.
The Budget sets out a comprehensive vision.
The total size of pension market in India is estimated to have stood at over Rs 1.5 lakh crore (Rs 1.5 trillion) in 2010, while it is expected to rise to over Rs 2 lakh crore (Rs 2 trillion) by 2015 and further to close to Rs 3 lakh crore (Rs 3 trillion) in 2020 and more than Rs 4 lakh crore (Rs 4 trillion) by 2025.
As he was to take the bus, he set out early, walking a short distance from his office to the Krishi Bhawan bus stop from where he boarded bus number 781 to Race Course.
The new Land Acquisition Act to provide just and fair compensation to farmers came into force from January 1, 2014.
Releasing its 70-point programme, Kejriwal called party's manifesto 'holy'.
GST stabilisation, DTC implementation and banking reforms are crucial for sustaining high growth for a long period, says Rashesh Shah.
The violence-affected areas witnessed several rounds of stone-pelting from pro and anti-CAA protesters. At least 11 police personnel, including DCP Shahdara and ACP (Gokalpuri) were injured. 2 CRPF personnel were also injured. All private and government schools in Northeast Delhi district will remain closed on Tuesday.
Rediff readers share their Cash Crisis experiences.
As Delhi is heading for a three-cornered contest among the ruling Congress, the Bharatiya Janata Party and the Aam Aadmi Party in the December 4 polls, the parties are likely to have a tough time wooing around 51 lakh women voters who feel security for them is a major issue.
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