Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
The I-T department will rely on data analytical tools and run models to separate black money holders and genuine taxpayers based on the large data base being shared by banks.
The Enforcement Directorate in October last year had filed the complaint against Raju and 212 others, including 166 companies, before the XXI Additional Chief Metropolitan Magistrate Court cum Special Sessions Judge here for allegedly laundering funds under a 'corporate veil' to perpetrate the accounting scam that rocked the business world in 2009.
The recommendation, if implemented, is likely to face opposition from the government's key support base among Hindu traders and businesspersons.
Charges against Raju and others include criminal conspiracy and forgery.
Within the next two years, verification and scrutiny of returns will happen electronically through anonymised back offices manned by tax experts and officials. It will function without any personal interface between taxpayers and tax officers. Both the taxpayer and the tax officer will not know each other -- who is scrutinising whose return, and at which place, points out Kuldip Kumar, partner and leader personal tax, PwC.
Tata Sons has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government.
Foreign reinsurance companies are now allowed to do business in India.
Hailing Prime Minister Narendra Modi's Make in India campaign and the emphasis on ease of doing business, India Inc today said the initiative mirrors the country's ambition to sprint ahead in the global manufacturing race, thereby creating jobs and boosting economic growth.
Amid persistent fear of prosecution and penalty, people across income classes are looking for ways to do away with stacks of higher denomination currency.
In the next few days, use credit/debit cards wherever possible or download your bank's mobile banking app or a mobile wallet.
Alibaba in talks to invest up to $700 million in Snapdeal
Prabhu's maiden Railway budget is high on vision.
With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
Saudi Arabia is insisting on 'In Kingdom' total value-addition requirements
Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong
With Sebi clearing the final guidelines for creation of Real Estate Investment Trusts (REITs), assets worth around $12 billion are likely to be listed in the next 2-3 years.
Thanks to Budget 2018, seniors can invest more and also save more.
Define ownership proportionately at the time of registration to ensure that you don't face problems on taxation front.
About 70 per cent of ATMs in India are running on outdated operating systems, which makes it easier for fraudsters to crack them
If the government decides to go back to the old regime where the EPF was not taxed but the NPS was, the latter will become an unattractive product.
Mallya will now be the Founder Emeritus of USL
Inter-state supply may come under GST composition
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
Taxability of LPG subsidy and other direct benefits paid directly into bank accounts of beneficiaries is unclear.
The Indian business community wants to see a strong stable government with a willingness to reform, break down the shackles of the past which is holding India back.
India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.
Auditors and promoter entities linked to the UB Group have come under scanner of multiple regulatory agencies for alleged irregularities.
Besides the thrill of changing cars quite often, a higher tax deduction is available, experts tell Tinesh Bhasin
Sebi to look into disclosure, other lapses in the Vijay Mallya, Diageo case.
In the interview to Business Standard last week, Chary had stated that the government's proposal to merge was unwarranted and that FTIL shareholders did not benefit from higher dividends from NSEL.
Simplifying the processes will lead to greater efficiencies. Bad processes will not help even if implemented well, says T N C Rajagopalan
Of the 80 new appointments, 51 women are becoming directors.
Group of ministers to review progress every fortnight.
Tech major is in discussion with film-makers, sport administrators to enter the fast-growing sectors.
On January 31, the US Federal Trade Commission cleared the merger.
The problem, say experts, is not so much the use of plastic as the lack of effort to recycle and reuse it.
India has been able to attract 40 global smartphone makers to the country -- creating at least 50,000 jobs. But GST could hurt that, discovers Ayan Pramanik.
Arun Jaitley presented the Budget in Parliament on Saturday.
There will be some populist announcements in Budget.
