The retrospective tax decision reversing the January 2012 Supreme Court verdict in the Vodafone case has often been cited as the reason for foreign investors losing confidence in India as an investment destination.
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
The irony of this scheme to benefit farmers is that it could add to the problems for the government because the mechanism to procure and store crops like pulses, coarse cereals and oilseeds barely exists.
Exemption from minimum alternate tax for REITs & infrastructure investment trusts; Depository receipts on all securities eligible for tax benefit
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Dalmiya's finest hour, of course, was the 1996 World Cup where broadcast rights were sold for $10 million and the title sponsorship went for a handsome $13 million. Stories of him turning around the finances of International Cricket Council (ICC) are aplenty. It was rumoured that both England and Australia feared him.
The markets gained nearly 7 per cent in the 4 trading sessions of March.
Flowing from an inadequate understanding of Tamil history and politics is an urban elitist mindset that does not seem to be able to touch and feel the real angst of the larger Tamil-speaking masses, cutting across the social and economic status of the individual, says N Sathiya Moorthy.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
In an online chat with readers, Sri Akella, director of Dream Seekers Academy shared advice on how to pick the right international course and career.
A policy-related problem that urgently needs to be redressed is the 'miniaturisation' of projects.
'Obama probably thinks, "He is quite a guy!" Americans on Capitol Hill think, "He has guts. He is a big player".' An Indian official explains the importance of the Modi visit to Sheela Bhatt/Rediff.com
Modi may bet on old faces and new to boost reforms
The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
In Budget 2015, the finance minister has opted to take the slow road and has doubled the cess on coal to "balance the need to tax pollution and the price of power" in his words.
Interest on NRE accounts is tax-free, but the I-T department creates hurdles to tax these accounts.
'The time has come to incorporate Indian sociology into economic policy.' 'The first step in that direction would be to listen to economists trained in India and not just the US and the UK, argues T C A Srinivasa-Raghavan.
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
'GST had to come close on the heels of demonetisation as part of the same package.'
India's foreign exchange reserves are at an all-time high.
With Awfis, a quirky co-working venture, and other offbeat ideas, Radha Kapoor, the daughter of the Yes Bank CEO, is taking the creative route to entrepreneurship.
All we want from the government is to give us visa and they can't even deliver that, says Inder Singh, chairman of Global Organisation of People of Indian Origin International
Double tax exemption on wages paid to women can encourage companies to hire, retain and compensate women better, argues Nitin Pai.
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
'The worst is over, but it may take a couple more years for the banking system to re-establish the growth process.' 'Banks are the major pillars in an economy's revival.' 'Without banking operations and lending, revival will not happen.'
The massive protest has been called by the All India Government Nurses Federation and the Delhi Nurses Federation seeking redressal of issues related to pay and allowances.
In the first allegation of corruption linked to next year's Olympics in Rio de Janeiro, Epoca magazine reported that construction company Carioca Engenharia allegedly bribed the speaker of the lower house of Congress in order to secure funds for a massive port area regeneration project.
Who are the NGOs in India with maximum funding in India? Which are the countries funding them? How many NGOs are registered under the law? Vicky Nanjappa finds out.
India has 53 achievers on the list, second only to China which has 76 honorees.
On October 24, the United Nations turns 70. 'The credibility of the UN has been eroded by the fact that the Security Council does not represent the political realities of the world today,' says Ambassador T P Sreenivasan, listing the 10 things the UN needs to do to become more relevant and effective.
Parliament proceedings were washed out for the fifth straight day, as members from parties including the Telugu Desam Party and the All India Anna Dravida Munnetra Kazhagam, continued their protests on various issues.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
Why do I want to bring corporate tax from 30 per cent to 25 per cent? I have to attract investment in this country -- not just international but domestic.
In a bid to discourage junk food culture,a 14.5 per cent 'fat tax' on burgers, pizzas and pasta will be levied.
India and the United Kingdom on Thursday announced deals worth 9 billion Pound (Rs 90,550 crore) as they signed a civilian nuclear pact and decided to collaborate in the field of defence and cyber security besides launching a railway rupee bond in London.
While they have restructured loans, there is still question mark over the success of such a work-out
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
At 12 years, seven months and 17 days, Dommaraju Gukesh is the second youngest Grandmaster of all time.
E-proceeding of tax scrutiny has certain technical and practical issues which need to be addressed before making the system fully electronically driven.
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