India has joined global efforts to combat global tax evasion.
Major global airlines, including Gulf carriers, are keen to invest in this space.
Public banks may have a tough time in 2015 as they had to write off Rs 1 trillion.
Last year, Air India replaced veg and non-veg sandwiches with veg hot meals on flights
The revenue department had sent notices to FIIs.
Observing that law and order was a state subject, the home minister said the Centre cannot remain silent on the issue.
Corp tax arrears at over Rs 3.11 trillion as of Dec 2014.
Indian fliers regularly face issues like lost baggage, refund on cancellation and harassment by staff at airports
Banks have reduced their base rate or the minimum lending rate in the range of 0.1-0.5 per cent till April 15.
For the first time, Subramanian said, "the Economic Survey has embraced Big Data, and we mine this data to shed new light on the flow of goods and people within India."
As many as 433 borrowers have taken loans of over Rs 1,000 crore.
The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services.
Insurance penetration in India at 3.9%, below world average.
Air India's debt burden is estimated to be more than Rs 50,000 crore, besides huge accumulated losses.
As per a PMO statement, Modi told the investors that "he believes in a fair, predictable and consistent tax system
Made from Jatropha crop, the fuel has been developed by the CSIR-Indian Institute of Petroleum, Dehradun.
Prime Minister Narendra Modi who inducted 19 new ministers into his Cabinet on Tuesday has carried out major changes in the portfolios of his top ministers.
"We will not let this company go down and will not tolerate this casual talk to dismantle this company piece by piece and give it as doles to airlines of your choice," an open letter said.
The Income Tax department has sent a detailed questionnaire to about 50 individuals and entities figuring in the list of those allegedly holding offshore assets in tax havens.
Music composer Shankar Mahadevan said, "It is important that citizens speak up and take action. The fight against corruption will be a long journey. But I am confident that ipaidabribe.com and Maine Rishwat Di will achieve their lakshya."
As the #FitnessChallenge goes viral, especially with cricketer Virat Kohli daring Prime Minister Narendra Modi, here are some other mantris and netas who took the challenge.
Economists and investors want RBI to retain independence in setting rates
All the 27 public sector banks together have market share of about 70 per cent.
'We are making a transition from governance to campaign mode.' 'The speed of execution is picking up,' says Union Minister Jayant Sinha.
Broadly speaking, the expansion of the Council of Ministers sent out three major political signals.
The government also sought approval from Parliament for equity infusion worth Rs 2,345 crore into struggling Air India and another Rs 1,300 crore for Air India Asset Holding.
If all goes well, from December, drones can be used for purpose like mapping, surveying and photography, which till now was illegal due to absence of any guidelines.
The probe is expected to take about three months.
The cryptocurrency industry on Wednesday urged the government to take a nuanced approach towards regulating crypto assets in India and asked investors in the country to remain calm and not arrive at a rushed conclusion, a day after the government listed for introduction a Bill to ban all such cryptocurrencies, with some exceptions.
There will be total of 51 seats going to polls spread across 7 states in the fifth phase.
The comments come within days of the fiscal deficit for the first eight months of the fiscal touching nearly 99 per cent mark of the budget amount for the entire fiscal.
UDAN demonstrates that good policy-making can fulfill important public requirements without requiring budgetary support, says MoS for civil aviation Jayant Sinha.
Gross NPAs of public and private sector banks stood at Rs 2.41 lakh crore and 26,571 crore respectively.
All civilian drone operations will be restricted only during day time and flying will be restricted within visual line of sight which usually would be 450 metres, the regulation says.
Lead by example... that's the adage our netas followed on Thursday as several of them took to performing various asanas across the country to mark the country's fourth Yoga Day. Here's a look at some of them.
The government holds stakes ranging from 56% to 84% in 27 state-run banks.
As many as 20 Union ministers are expected to visit different parts of Gujarat between May 27 and June 12 to participate in the 'Vikas Parv' (development festival) organised by the Bharatiya Janata Party's state unit.
Govt sees little Fed hike impact on 'fortressed' Indian markets.
Saturday's mid-air engine failure on Indigo flight prompts scrutiny.
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