With the rupee slipping to nearly Rs 70 per dollar on Tuesday, most parents with children in the US will feel the pinch
Electricity has also been kept out of the GST ambit.
India is set to sign an agreement with the US to resolve transfer pricing disputes, which will then serve as a template for settling such rows with multinational companies based in the UK, France and other European countries.
Experts have flagged issues regarding the levying of new cess/tax, especially those related to complications in administering the cess.
Or is all of media being re-invented, asks Ajit Balakrishnan.
India studied the Malaysian model, which was scrapped on Wednesday, before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry
The system has gone through three rounds of testing for its load-bearing capacity.
Service companies such as Infosys, Tata Consultancy Services and Airtel, among others, would be particularly hit.
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
'The easy availability of funds has enabled us to not only hire the best faculty, but has also made it possible for us to retain them with the best possible infrastructure -- labs, grants etc,' Ashoka University VC Malabika Sarkar tells Geetanjali Krishna.
The GST Council's agenda includes trimming the number of items in the 28 per cent slab by 75 per cent, easier compliance for assessees and small taxpayers, and a presentation on bringing real estate under GST.
Amid persistent fear of prosecution and penalty, people across income classes are looking for ways to do away with stacks of higher denomination currency.
The report claims it will take another six months before the government decides precisely what it wants to achieve from Brexit
Industry experts on Friday called upon the new BJP-led NDA government to focus on attracting investments in key sectors, especially the infra space, to revive growth and investor confidence.
A court ruled in favour of Vodafone on Friday in a long-running dispute with the Indian taxman, a boost for the British telecom group whose tax battles have been seen as emblematic of the troubles facing foreign investors in India.
Samsung eyes growth in consumer electronics business in 80 districts through its service vans, and adding over 250 service points and as many resident engineers.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
There is continued shift by passengers from rail to other modes of travel, thanks to improvement in road connectivity and the shrinking differential in high-end rail and low-end air travel.
Govt steps up security to check criminals seeking bank details of taxpayers
With 1.35 billion users of its Internet social network, Facebook Inc would rank as the world's second-most populous nation if it were a country.
Ajit Balakrishnan envisions a flag to capture the spirit of the impending conflicts of the Information Age.
The B-school also witnessed new roles in the domain.
Rationalisation in taxation on the retirement scheme puts significant money in the hands of investors.
Recently, there has been a mushrooming of international apparel retailers.
The GST will also be applicable on the non-compete amount given by an employer to an outgoing employee, report Indivjal Dhasmana and Sudipto Dey.
Aerated drinks, mineral water, travel packages, coaching classes and beauty parlour services might also cost more
Top firms get GST notices on credit claims on Friday; replies sought within hours.
When Nitin Gadkari took charge as Road Transport and Highways Minister in 2014, he had set a target of constructing 40 km a day in two years. But construction at this point is a mere 16 km a day. Megha Manchanda on what ails the road sector.
With recent rate cuts, November collections could be even less
The onus to explain that the gold jewellery was inherited or bought from known sources of income would be on the owner.
Unbanked customers can expect easier access to banking.
Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
New buyers of English and Welsh soccer clubs may be forced to sell up to 10 per cent of their stakes to fans of the club under plans put forward on Friday by Britain's opposition Labour party to shake up club ownership and governance rules.
The government's stated vision is that it wants to make India a manufacturing hub and that is where such a rush or confusing policies don't help, reports Shubhomoy Sikdar.
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Withdrawals from EPF and NPS to have same tax rates.
Budget may bring exemption for those backed by Indian securities other than shares
Flipkart on Tuesday launched a next-day delivery service.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances