Finance Minister Arun Jaitley presented the Union Budget.
Vetting by inter-ministerial board removed for benefits under Startup India Action Plan
Overseas airlines can operate unlimited number of flights into and out of India.
In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.
If re-elected, his government will set up a National Traders' Welfare Board, bring trader credit cards and a pension scheme for small shopkeepers besides making a provision to provide loans of up to Rs 50 lakh without collateral.
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.
There is talk of a fresh approach to a new labour code as well as reforming land acquisition laws in such a way as to be politically.
Overall, the Survey warned that unless shifts in the vision of development were articulated and embraced, the Indian economy would lose the chance to move to a high-growth trajectory.
The new tax regime proposed by the Modi government may not have acceptance from all corners.
The 90-day compliance window to declare overseas wealth ends on September 30.
The Central Board of Direct Taxes is considering a proposal to restrict the exemption on long-term capital gains only to companies constituting the BSE-500 index.
Younger party leaders are livid with the Murli Manohar Joshi-headed manifesto drafting committee for not taking their suggestions, reports Archis Mohan.
Of the first 189 whose credentials have been probed from the 400 applicants till date, barely 30 make it - and only one qualifies for IPR benefits.
The paper will invite comments on whether or not the royalty ceiling applicable till 2009 should be re-imposed.
The proposal was announced in the Union Budget on Monday.
GST stabilisation, DTC implementation and banking reforms are crucial for sustaining high growth for a long period, says Rashesh Shah.
2,138 firms deposited unaccounted Rs 5,000 cr in zero-balance accounts during the note ban
Any bank account suspected to have been "misused" for money laundering or shell company operations won't be exempted from probe under 'Operation Clean Money' despite having low deposits, the CBDT said on Tuesday.
Re-instatement of 5% custom duty on crude imports will help.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
Key relaxations traced in final regulations.
To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
NDA government has shunned populism.
While Sahara maintains it has already repaid more than 93 per cent of the outstanding dues directly to the concerned bondholders and the remaining amount was just about Rs 2,500 crore (Rs 25 billion), it deposited Rs 5,120 crore (Rs 51.2 billion) to Sebi in December 2012 towards the investor refunds as per Supreme Court orders.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
The very design of the GST will bring in revenue buoyancy.
'Slowing down of the economy was mainly due to the demonetisation shock...' 'If you cut off the oxygen supply to a patient in the ICU and the patient dies, the patient does not come alive again when you restore the oxygen supply.'
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
The fund generated a lot of interest immediately after Prime Minister Narendra Modi announced its formation of the fund in the last week of March after the COVID-19 outbreak and appealed for donations, prompting several private firms, government bodies and individuals, including celebrities, to donate money.
With the PMO itself spearheading a re-evaluation, the Director General of Defence Accounts has been asked to justify its earlier contention that the 'slab based' system would benefit a larger number of disabled veterans -- something the army flatly denies, reports Ajai Shukla.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
While the crackdown is a major step in combating tax evasion and improving transparency, it might also impact the flexibility and genuine corporate structures created to achieve legitimate objectives, says Suresh Surana.
The biggest disappointment was the compromise on the promised corporate tax reduction path.
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