All subsidies will be eliminated by March 2018
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
One 'severe' and 51 'minor' cases of AEFI (adverse events following immunisation) were reported among healthcare workers who were administered the coronavirus vaccine in Delhi on the first day of the COVID-19 vaccination drive on Saturday, official figures showed.
UTILTAF is a 10-Yr close-ended tax-saving fund, with an initial 3-Yr lock-in period
Rationalisation of rates will be taken up for smaller items that do not have major revenue implications but are commonly consumed at the GST Council meet on Saturday
India's second-largest telecom firm Bharti Airtel on Tuesday reported a net profit of Rs 1,134 crore for the September 2021 quarter, and said it is witnessing strong business momentum with growth in 4G customers and increase in mobile ARPU. This is against a loss (attributable to owners of the parent) of 763.2 crore during the year-ago quarter, the company said in a statement. Its consolidated revenues for the second quarter of FY21 stood at Rs 28,326.4 crore, up 18.8 per cent year-on-year (on a comparable basis) and 13 per cent y-o-y on a reported basis, it added.
It is a diversified equity fund, which offers investors an opportunity for saving tax by providing Section 80C benefits.
The opening ceremony will be held on April 4.
Citing unviable duty structure on key components like flat panels and open cell parts, Samsung had shuttered its TV assembly lines in Tamil Nadu in 2018.
The hosts equalled the record for maximum number of goals in the history of Asia Cup in their pool B league match.
India pace bowler Mohammed Shami's participation in the remainder of the Test series against Australia was thrown into doubt on Saturday, with captain Virat Kohli revealing that he is unable to even lift his hands.
With its ability to invest in equities or debt depending on market conditions, ODFoF offers investors the opportunity to add to their portfolios what can typically be termed as an asset allocation fund.
A look at the pictures from the premiere.
DSPMCF is a little different as compared to the other small cap funds launched so far
Pace bowler Mitchell Starc's patchy form is among the few worries for a rampaging Australia in the ongoing ODI series against India but skipper Aaron Finch on Tuesday threw his weight behind the seasoned campaigner, saying there is no need to panic just yet.
New Zealand Cricket has defended the under-fire national team's head coach Gary Stead, who is drawing flak for taking a break in the middle of the ongoing home series against India, saying his "week off was planned six months ago".
Anand played the Italian game with white pieces but could get little out of opening against Vituigov.
Former Pakistan captain and batting great Muhammad Yousuf reckons that even the current Pakistan team could have beaten Australia in a Test series.
The Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman, will likely consider on Saturday a GST rate cut for Covid-19 relief essentials and drugs for treating the black fungus disease and might leave the vaccines untouched. The meeting is being held following a report submitted by a Group of Ministers (GoM) to the GST Council on Monday. The GoM, set up by the Council on May 28, was mandated to look at tax exemption and concessions on various Covid items including vaccines, drugs, and equipment.
Embattled India captain Virat Kohli called on the fans to back his team following consecutive losses to England in the ongoing Test series, hoping that they 'never give up' on the side.
The fund can add value to informed investors who have a view on the infrastructure sector and a flair for high risk investment avenues.
Among large states, the lowest rate of filing was seen in Bihar at 5 per cent, followed by UP at 8.11 per cent - much below the national average of 12 per cent.
The tyre industry has urged the Central Government for recast of India's Free Trade Agreements
Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, AAIL, which is a wholly-owned subsidiary of Malaysia-based AirAsia, holds 49 per cent stake in the Bengaluru-based AirAsia India. In a regulatory filing to stock exchange Bursa Malaysia, AirAsia said, "The board of directors of AirAsia wishes to announce that its wholly-owned subsidiary AAIL and Tata Sons Pvt Ltd, India, on December 29, entered into a share purchase agreement."
The cess levied on top of the maximum 28 per cent tax rate on petrol vehicles with capacity to carry 10-13 persons has been reduced to 1 per cent and the same for diesel vehicles has been cut to 3 per cent.
India's ace cueist cruised into the semi-finals, beating Syria's Karam Fatima by five frames to nil, after a narrow victory earlier on Thursday in the last-16, where compatriot Ishpreet Chadha gave him a tough fight till the very last.
Congress's Sampath Raj was elected the 51st Mayor of Bengaluru while Janata Dal-Secular's Padmavathi Narasimhamurthy, the deputy mayor.
The government on Tuesday expressed concern over reports that automobile manufacturers are selling vehicles with purposefully downgraded safety standards in India and asked them to stop the 'unpardonable' practice. Speaking at a seminar on implementation of vehicle location tracking devices in order to enhance the safety on road, organised by auto industry body SIAM, Ministry of Road Transport and Highways (MoRTH) secretary Giridhar Aramane also noted that only a few manufacturers have adopted vehicle safety ratings system and that too used only for their high-end models.
Former Australian captain Steve Waugh has said Virat Kohli is on right track after he led India to a historic away Test series win in Sri Lanka.
Anushka Sharma spent a day at Udaipur's animal rescue and care centre, Animal Aid Unlimited.
Arsenal captain Mikel Arteta says he has never seen manager Arsene Wenger as angry as he was during the half-time break in Saturday's 5-1 demolition at the hands of Liverpool.
Schemes among the six wound up by the fund house had given a loan of Rs 518 crore against non-convertible debentures to the firm in March 2019, according to ED's chargesheet.
Vehicles are depreciating assets and lose their value over time.
Images of the Day 4 of the second Ashes Test between Australia and England.
Summary of sports events and persons who made news on Friday.
Kohli said despite defeat, they have got some positives too from the lost series and they can make changes to the playing XI for the third match.
Wednesday evening's dramatic Euro 2016 group stage finale concluded an engrossing opening round that was tight and tense to the last as the expanded new-look European Championship passed its first test.
'There are no new benefits for senior citizens, but on the other hand senior citizens having sizeable dividend income may have to suffer tax at applicable slab rates,' says Mahesh Padmanabhan.
