All payments made via debit and credit cards, net banking and mobile wallets will be entitled to discounts.
Warning that the new year will be riskier than the previous two in terms of growth, inflation and the perils of monetary policy normalisation on consumption demand in particular, along with other external risks, a Wall Street brokerage has pencilled in an 8.2 per cent GDP growth next fiscal, with more downside risks to the projection. The biggest risk to the projection is a derailed consumption demand that has been the main growth driver in the past many years, said the Bank of America Securities India house economists who still believe that consumption demand will remain the key driver of growth next fiscal as well.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
FM should avoid proposals such as to tax financial transactions and fringe benefits
The growth in imports was led by product categories such as diagnostic items, ultra-sonogram machines, MRI and ECG apparatus, syringes with needles, suture needles, digital thermometers, malaria diagnostic kits, and hearing aids.
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
Beside flying squads from RTOs at different points on highways, challans are imposed without any reason. The situation is especially difficult in states like Uttar Pradesh, Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, and Andhra Pradesh.
Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The benchmark indices have rallied 28 per cent this year, while the broader market has outperformed
The campaign's main theme song 'Main hi toh Hindustan hoon' has been penned by Javed Akhtar.
Maruti, Honda and Tata Motors posted highest sales growth during the month
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
Trading in Samvat 2074 on Thursday got off to a rocky start, with the benchmark indices ending more than half a percent lower and the gauge for banking stocks dropping 1.25%.
Consumer products like mobile phones and laptops may become cheaper as the overall taxes on goods are likely to come down
We must work in the direction of an innovation and technology driven economy which could boost up creation of jobs and open advanced and newer avenues of employment within the country.
Once heavily dependent on the cigarettes segment, corporate behemoth ITC has diversified over the past two decades into many businesses that now generates 58 per cent of its revenue. Sanjiv Puri, chief executive officer, ITC, shares his plans with Arnab Dutta.
A normal monsoon, softer interest rates and inflation, pent-up demand, along with mild budgetary support may help growth pick up in coming quarters.
She also challenged him to a public debate 'without a handwritten script' over his criticism of the Modi government.
'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply their ingenuity,' says T N Ninan.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
Roland Folger, managing director and chief executive officer at Mercedes Benz India calls the calendar year (CY) 2016 a year of 'lost opportunities' as NCR diesel ban and demonetisation led to a flat performance.
FY16 saw the highest number of new product launches in a year from Maruti
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
Do you have health insurance/mediclaim queries? Rakesh Kaul, chief distribution officer, Edelweiss General Insurance, will answer your queries.
If the Modi government is going to set new benchmarks of performance, don't expect the majority of his dozen-odd ministers-who-matter with economic portfolios to be making the difference, says T N Ninan.
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
FinMin's project will enable tax man to track electronic transactions like RTGS or NEFT.
Mid- and small-cap companies seem to have done better than top-tier companies
The additional outgo to combat the impact of COVID-19 will significantly erode the fiscal consolidation achieved by the state governments in the past three years, an RBI report said on Tuesday. In its study of the state budgets of 2020-21, the RBI report which has dwelled on the theme 'COVID-19 and its Spatial Dimensions in India', said that Gross Fiscal Deficit (GFD) of the states would spiral during the current fiscal.
Education, jobs, health and more: Experts share their wishlist.
Akito Tachibana, who took charge as managing director at Toyota's India operations from April 2016, talks to Ajay Modi on Delhi diesel car ban and DeMo.
Here's what celebrities had to say about Arun Jaitley's Budget.
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