Finance Minister Pranab Mukherjee has announced that Fringe Benefit Tax (FBT) has been abolished. The commodity transaction tax (CTT) has also been abolished. The Goods and Services Tax (GST) will come into effect from April 01, 2010, Mukherjee said.
The UK court, which had been presented with detailed submissions regarding the precarious mental health of Nirav Modi and a family history of depression and suicide during the extradition proceedings, concluded on Thursday that the diamond merchant's state of mind may well benefit from a move from his London prison cell to Barrack 12 at Mumbai Central Prison on Arthur Road. As part of a very comprehensive judgment handed down by District Judge Samuel Goozee at Westminster Magistrates' Court in London in which he found a prima facie case of fraud and money laundering against the 49-year-old diamond merchant, it is noted that Modi's risk of suicide may be high but there is no evidence to point to immediate suicidal intentions. The judgment refers to the expert defence witness who had assessed Modi, forensic psychiatrist Andrew Forrester, to point out that Barrack 12 may well be a positive change from Wandsworth Prison in south-west London where he is being held on judicial remand, with the COVID-19 pandemic playing a "significant role" in the deterioration of his "depressive disorder".
The government will come out with new guidelines to revive export hubs, special economic zones (SEZs), which have lost sheen after imposition of certain levies and proposal to take away tax incentives.
Three-time Roland Garros champion Mats Wilander reflects on Day Five of the French Open for Reuters.
Three-times Roland Garros champion Mats Wilander reflects on Day 3 of the French Open for Reuters.
Indian wrestlers have been highly impressive at the global level in run up to the Tokyo Olympics and at least three of them are genuine medal contenders at the Games.
Now that M Shahrukh Khan has landed a lucrative IPL contract, the Tamil Nadu all-rounder said he would not be bogged down by the price tag.
IT companies are dependant on headcount for their revenues and fringe benefits forms a part of the compensation payable to employees.
The board reminded Osaka that 'a core element of the Grand Slam regulations is the responsibility of the players to engage with the media'
Tax department sends notices saying they are liable to pay MAT.
The industry employs about 10 million workforce.
What can the Swiss great do to win three sets against the king of clay when in their previous French Open duels he has never won two?
Beauty, Nykaa's founder Falguni Nayar realised, is a very long-tailed business and with e-commerce picking up in India, it seemed like a good idea to venture into.
Ravi Kumar Dahiya became only the second Indian wrestler to win a silver medal at the Olympics after losing in the men's Freestyle 57kg title round 4-7 to reigning World champion Zavur Uguev, in Chiba, Japan, on Thursday.
Bidding for a record-extending ninth Australian Open title, the world number one and double-defending champion remains the runaway favourite at his favourite Grand Slam where he once remarked that he felt touched by the "divine".
Maradona's inheritance process is likely to be a messy affair between his large family, with eight children from six different partners
Reebok ambassador Malaika Arora tells you how to begin your day with the right asanas.
List of French Open men's singles champions:
Women take it to the mat at an all-women wrestling event in London.
The NIA also conducted a raid at the residence of Shiv Sena leader and former 'encounter specialist' of Mumbai Police, Pradeep Sharma in connection with the Antilia bomb scare and Mansukh Hiren murder case on Thursday, sources said.
'I have been lucky to be at the right place at the right time. I do not rate myself as excellent.'
When Rishi sang and danced, nothing else mattered.
Taxmen also claimed that the signature of Siddhartha on the letter being circulated on the social media under his name "does not match" with the record available with the department.
The rally is being fuelled by across-the-board buying.
Fitness instructor Namrata Purohit offers a simple workout routine to get a fit and fab body.
No Italian man has won a Grand Slam since Adriano Panatta triumphed at Roland Garros in 1976 and if there is any chance that Sinner, Musetti or Berrettini will lift the Musketeers Cup this year, they will face their biggest obstacles in the next round when they take on the might of Nadal, Djokovic and Federer respectively.
Images from Day 1 of the Australian Open in Melbourne on Monday.
Decoding four important provisions in the Finance Bill 2018.
Borussia Dortmund's Mats Hummels has shot down reports of a deal with Manchester United coach Louis Van Gaal to join the Premier League club, saying they were invented.
Shreyas Iyer did feel "low" at times during an intense rehabilitation period after his shoulder surgery but a fit-again stylish Mumbai batsman is now gearing up to realise an unfinished dream of winning his maiden IPL title with the Delhi Capitals.
'Pancham was way ahead of his times. Picture chale na chale, RD's music was damn good.'
Reduction in corporate tax rate: In view of the fact that the present Budget is expected to be intermediate in nature, insofar as it would pave the way forward for DTC, it will be commendable if CTR in FY 2012-13 is brought down at least to match the proposed rate of flat 30 per cent in the DTC.
Senior officials say the government might come up with an incentive package for the SEZs following the release of Foreign Trade Policy.
'After he had exposed the Narcotics Bureau's wrongdoings, he threatened to expose the Enforcement Directorate as well.' 'So they are trying to rake up an old legal deal, distorting information and using the PMLA which did not even exist at that time.'
While a billion hearts would pray for all the participants to do well, all eyes would be set on the duo of Deepika Kumari/Atanu Das, the four shooters and Mirabai Chanu to open India's medals count.
An advocate of body positivity, Jessamyn Stanley believes in yoga for all sizes.
Yogeshwar Dutt says it was not a difficult decision to quit the mat since he did it for his favourite student Bajrang Punia, who he thinks can go on to become India's first wrestler to win an Olympic gold.
Fitness trainer Meenakshi Mohanty tells you how to sculpt your body ahead of Valentine's Day.
Special Economic Zones are likely to be central to realising Prime Minister Narendra Modi's ambitious Make in India agenda.
'We are under pressure from officials and confined to our home while the media has also been disallowed from meeting us'
