Last Saturday, USL board asked its Chairman Vijay Mallya to quit.
Under the amended treaty with Mauritius, for two years beginning April 1, 2017, capital gains tax will be imposed at 50 per cent of the prevailing domestic rate.
Lukewarm response from private investors and turf battles between government agencies have resulted in delaying Modi's ambitions. Sahil Makkar reports.
An exchange which preaches others on governance must start practising it first, says Shyamal Majumdar.
With the demand for lower costs in process driven activities and a move away from the high rate, billable hours of legal services, AI platforms are being used internationally in many legal tasks.
The development is expected to pave way for greater transfer pricing cooperation between the two countries, enhance investment flow
The time the companies have to get ready for GST is 6 to 12 months.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
Cooperative societies get more tax benefits as compared to individual house owners.
Realtors, consultants and foreign universities vie for big share.
Private consumption is looking up and will get better as the full effect of the good monsoon is felt on rural income, and the effect of the payout from the Seventh Pay Commission is felt on urban income, say Anis Chakravarty & Rishi Shah.
Things are expected to change dramatically in a few years for urban consumers.
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
However, worries on inadequate import and issues for the FTA pacts.
Govt assurances fail to cut ice with Jat leaders as agitation intensifies, Maruti halts production at two plants; highways, railway lines blocked
Taxpayers might face several issues while filing returns this year.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
There will be higher charges for bank account-holders.
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
TRAI said that Internet service providers would not be allowed to discriminate on pricing of data access for different web services.
Investors prefer exits with lower valuation to staying invested for a longer term
Despite difficult working conditions, Indians are still seeking jobs in Gulf countries
Overseas education consultant NNS Chandra offers advice on how to pick the right international career for you.
Cognizant's consulting practice today has 5,500 consultants, perhaps one of the highest numbers when compared to Indian IT players.
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
Mumbai-based CA Prince Tiwari is educating and empowering the underprivileged since 2011. This is his heart-warming story.
The Turkmenistan event underscores the lengths to which China's oil-and-gas companies will go to curry favour in resource-rich locales.
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
About 90% of divorce cases end as a fight about alimony.
It's not as easy to know how the funds were deployed and gauge the impact.
With a middle class still so small and no apparent leaps in productivity on the farm or in manufacturing on the horizon, India faces its own age of diminished expectations.
If you are being over-charged, bring it to the notice of the staff and, if required, the tax authorities.
The e-commerce sector gave a much higher average hike of 16-20 per cent to its executives.
Right steps you can considerably reduce the tax outgo.
'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'