GST stabilisation, DTC implementation and banking reforms are crucial for sustaining high growth for a long period, says Rashesh Shah.
Captain Pradeep Shoury Arya is an Income-Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra.
At least 200 investors have to furnish financial statements
In the past six months, Nissan sold around 200 Evalias only
Jaitley assured that both the banking system and the government will make the resources available to them.
Options include raising both excise and service tax rates in FY16
'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.
The Bangalore-headquartered firm had posted a net profit of Rs 1,623.3 crore (Rs 16.23 billion) in the year-ago period, it said in a BSE filing.
'The BJP has shown signs lately of returning to its trader mindset.' 'Several strong emotions get meshed in this: Nationalism, protectionism, mercantilism, and arrogance,' points out Shekhar Gupta.
FM indicates adherence to fiscal road map, benign tax rates, correction in inverted duty structure
Rediff readers share their interesting stories about the first salary and what it taught them.
'The situation is quite terrifying as you have no job creation and there will be loss of jobs.'
'Defence and aerospace show huge potential thanks to the government's Make in India push.'
The transition to a single, nationwide tax on goods and services will streamline business and boost the economy by tearing down barriers between 31 states and union territories.
It was better to first build a single-rate GST with a low rate, achieve full mastery of this, and then consider more complex possibilities such as high rates and multiple rates.
The Opposition said that the government was 'bull-dozing'.
Criticising various provisions in the proposed GST regime, Moily said it will be a "technological nightmare" and the anti-profiteering provisions in it are "far too draconian."
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
GST is a landmark reform considering the sweeping changes it brings about in the indirect tax regime in India.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
In simple terms, it refers to a deduction allowed in income tax, irrespective of expenses incurred or investment made by assessees.
Under the GST regime, most manufactured goods will turn cheaper.
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
Listing out priorities for the Finance Ministry under Arun Jaitley and the Narendra Modi government as a whole, it said the growth rate can pick up to 6 per cent with the extent and pace of reform measures.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
Rental real estate aggregators can help you earn Rs 3,000-5,000 rent daily
For 2011-12, there were 7,56,741 foreign remittances made from India with money worth Rs 3,56,461 crore (Rs 3,564.61 billion) going out of India
'The low tax to GDP ratio of the country will go up, helping the government to adhere to fiscal discipline and keep inflation in check.'
Yechury said the aim should be how to protect our economy from slowdown
The firm has set its eyes on emerging categories such as juices and plans to develop a stronger total portfolio, participating across multiple categories.
Maruti Suzuki and Hyundai would make the largest gain.
Top Congress sources said they would not hold up the Bill.
While the government has the option of ensuring the passage of these Bills as money Bills, there are voices within the government advising discretion on the GST roll-out by April 1.
The Union minister said it is "not fair" on Congress's part to set conditions for the passage of the GST bill and if the said clauses were so crucial, the UPA could have brought these in the original bill when it was in power.
'India cannot function the Chinese way and the sooner people realise that, the better it will be.'
The Indian economy will expand by 5.6 per cent during 2014-15 even as the Reserve Bank is not likely to cut interest rates this year, according to Ficci's latest Economic Outlook Survey.
'At a recent event, says Kishore Singh, almost everyone present lamented art being labelled as 'goods', and therefore the artist its 'manufacturer'.
Jaitley has pledged to narrow the deficit to 3.9 per cent of GDP in this fiscal year from 4.0 per cent in 2014/15.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
The state has extended its full support, provided its revenues are protected.
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