Last week, the government had introduced the black money Bill.
Firms that have a turnover of under Rs 1 cr can pay tax without maintaining books.
Relief would only be for unlisted companies; listed ones already have to prepare statements once a year.
.jpg)
The new capital of Andhra Pradesh is expected to be in the Vijayawada-Guntur region.
The company has finalised a three year business plan to increase revenue and control costs.
The Centre would need the concurrence of 20 states out of 29 to impose a GST on petroleum
Unbanked customers can expect easier access to banking.
Formula One faces a risk: with Malaysia pulling out of a new deal, they could altogether lose their presence in Southeast Asia, one of the world's fastest-growing regions.
Budget smartphones will rule the market in 2015.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
The corporate income tax breaks make up a relatively small part of $80 billion in business giveaways.
This route accounts for Rs 2.75 lakh crore of FPI holdings.
Urban mass transit authority to be set up; it will act as nodal agency for planning and coordination of project related works.
Here's why a career in digital marketing in 2015 will be very lucrative.
Its officers would wear black bands on Monday, which is also Martyrs day, the IRS Association (Customs and Central Excise) has said.
The 0.5 per cent Krishi Kalyan Cess (KKC) on all services increases the total tax chargeable on services to 15 per cent, making it expensive to dine out or travel.
The government has made employers responsible for verifying whether the claims filed are according to the law. Earlier, companies went only by self-declaration of employees.
The GST bill's draft says tax would be levied on Maximum Retail Price
Because of high rents in Mumbai and the response from Delhi, most luxury retail players want to expand in the capital.
The term binge-watching was the runner up in Oxford Dictionaries Word of the Year in 2013. Indians may have come late to the party a little later, but we're making up for lost time, says Shuma Raha.
The Supreme Court-appointed Special Investigations Team on black money has also proposed that holding more than Rs 15 lakh in cash be made illegal for individuals and for companies, report Tinesh Bhasin and Sanjay Kumar Singh.
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
Ajit Balakrishnan envisions a flag to capture the spirit of the impending conflicts of the Information Age.
The consumer durables segment declined by 23.4 per cent in June, as against a dip of 10.1 per cent a year ago.
Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.
The BCCI will not be terminating Chennai Super Kings and Rajasthan Royals but will only be suspending the two franchises for a period of two years from the Indian Premier League (IPL) as per recommendations of the Supreme Court-appointed Lodha Committee.
This is the first time airwaves in 700 Mhz band will be put up for auction
The adjustment orders for AY2012, are expected between January and March 2016.
India Inc is facing threat from non-traditional sources.
Lukewarm response from private investors and turf battles between government agencies have resulted in delaying Modi's ambitions. Sahil Makkar reports.
The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.
Arun Jaitley said he would put the DTC Bill in cold storage.
The country may propose pipeline via China when Putin visits this year.
His anonymous online platform helps people seek help without disclosing their identity.
Ministry to propose a new subsidy mechanism to cap upstream firms' share.
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
Freight earnings accounted for 65 per cent of IR's total earnings of Rs 144,167 crore (Rs 1,441.67 billion) in 2013-14.
If you are looking to stay in the property, unnecessary delays will only increase the cost.
