Common use products like hair oil, soaps and toothpaste will be charged with a single national sales tax or GST of 18 per cent instead of present 22-24 per cent
As opposed to term insurance that keeps you covered for a specific time period, opting for a whole life term plan means that you are covered for your entire life, says Santosh Agarwal.
Association will write a letter to Finance Minister Arun Jaitley to demand a rollback.
Honest tax payers need not worry about the new black money law, says finance minister Arun Jaitley.
IT companies are dependant on headcount for their revenues and fringe benefits forms a part of the compensation payable to employees.
Clean energy cess to hike cost for power sector.
Nomura expects the fiscal deficit target of 3.5 per cent for 2016-17 to be met and to be consolidated further to 3 per cent of GDP in 2017-18.
Finance Minister Arun Jaitley presented the Union Budget.
There are high hopes that the Budget for 2014-15 to be presented in Parliament may actually not tinker with the threshold limit or the other tax slabs but could provide reliefs by incentivising savings.
Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.
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.
The goods and services tax will level the playing field for different sectors of industry, including domestic manufacturing.
The abolition of wealth tax is again a welcome step.
'More a show that you are doing something in the Budget even if that something never actually comes to pass,' notes Nitin Desai.
Naval Goel explains all that you wanted to know about life insurance but didn't know who to ask
The Union Budget 2008-09 will leave more money in every pocket.
In an online chat with readers on July 8, Anil Rego answered their tax queries. Here's the chat transcript in case you missed the chat
Monthly and seasonal suburban railway tickets purchased through digital mode will get 0.5 per cent discount from January 1
The EC has asked all departments to deploy round-the-clock flying squads, quick-response teams, and high-tech machinery to check money inflow. They are also to examine vehicles passing though check-posts, reports Shrimi Choudhary.
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
The government has made employers responsible for verifying whether the claims filed are according to the law. Earlier, companies went only by self-declaration of employees.
Budget 2015 has blessed the banking sector.
The Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.
Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts
Higher disposable incomes, rural push and infra push to boost auto sector
Mohandas Pai took part in an hour-long chat on rediff.com
The Sovereign Gold Bonds will be sold through banks, Stock Holding Corporation of India Limited, designated post offices and recognised stock exchanges -- the NSE and BSE.
Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal.
Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.
The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
The paper will invite comments on whether or not the royalty ceiling applicable till 2009 should be re-imposed.
Simpler GST structure will be key poll plank, Congress sources tell Archis Mohan.
Already facing severe criticism over its poor show in the elections and now fighting for the Leader of Opposition's post in Lok Sabha, the Gandhis, the first family of Indian politics, is now facing new battles with the BJP in the form of notices being served to the family in the National Herald case. Rediff.com contributor Anita Katyal reports on the growing confrontations between the government and the shaken up family.
Union Minister Nitin Gadkari said opening of transport and highways will go a long way in instilling confidence among the public and cautioned towards maintaining social distance and adopting all safety measures like hand wash, sanitizing, face masks, etc while operating buses and cars.
'The professional or the freelancer needs to pay taxes from his pocket first and then wait for payments from his clients.'
'Many of the challenges of investing in commercial real estate get taken care of when an investor takes the Reit route,' points out Suraj Nangia.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
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.
Raghuram Rajan said the passage of the GST Bill augurs well for the growing political consensus for economic reforms.
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