Recent easing of restrictions does not address the pain in the sector.
The exemption from MAT does not apply retroactively.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
Constantly evolving rules and anomalies over tax treatment have constrained corporate programmes in the first year that the government's CSR mandate has been in force.
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
After the 2019 election, one thing is sure: GST will see a number of changes, explains Indivjal Dhasmana.
With digital technology, the I-T department's ability to catch tax evaders has increased many times.
In 2013, the government awarded less than 1,500 km of road projects under the EPC mode after it found no takers for PPP projects.
Has the rail ministry taken care to draw up a transparent framework?
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
However, worries on inadequate import and issues for the FTA pacts.
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
Parents always want to give the best to their children.
The GST bill's draft says tax would be levied on Maximum Retail Price
A moderate GST rate obviates the need for the two-rate structure.
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.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
It will bring down the cost of a second house because of tax benefits and price appreciation
Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.
More Indians are watching films across screens, TV, online and other platforms than ever before. Whether it is by tackling costs, processes or revenues, the trick is to find a way of making money from all of them, says Vanita Kohli-Khandekar.
Place your bets only on cities where you can easily monitor and where there's visible growth.
Taxpayers might face several issues while filing returns this year.
Despite the equity booster, many would be uncomfortable about NPS.
Nestle is sure to go for a relaunch of the noodles soon enough with an advertising blitz,
It is high time old boys' clubs inside many large corporations come under serious scrutiny for protecting one of their own.
As per Indian tax laws, bonus in kind paid to the employees could be considered as salary income in the hands of the employees.
On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.
When an NRI returns to India, he should be aware of his tax residency status.
Indian Railways plans Rs 39,000 crores non-fare revenue. Via: Branding of trains. Vinyl-wrapping of Rajdhanis, Shatabdis and Garib Raths. Moving billboards.
The GST will alter the very face of fiscal federalism in India.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
After retirement, the pressure on finances increases in the absence of regular income. Here are a few suggestions to ensure a smooth post-retirement life
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
Finance Minister Arun Jaitley, who is meeting state finance ministers on Thursday to garner support for the Constitution Amendment Bill for a goods & services tax (GST), is likely to immediately dole out about Rs 13,000 crore (Rs 130 billion) in Central Sales Tax (CST) compensation to states.
Criterion for corporates will effectively rule out entry for business houses.
As football fans arrive to watch Euro 2016, France's trade unions have undertaken a series of strikes to provoke a make-or-break situation. Claude Arpi encounters both Gallic beauty and ugliness in the country of his birth.
The news that Welspun has run into trouble with one of its biggest US-based clients has stressed its suppliers and investors alike
