For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
Indian economy about to take-off
'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral, MD & CEO, Axis Securities.
While diligent paperwork helps claim tax benefits, with employers under pressure from the government, any lapse in documentation by an employee will lead to sharp cuts in salary.
In an online chat with readers on July 8, Anil Rego answered their tax queries. Here's the chat transcript in case you missed the chat
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
'The most valuable personal sensitive information of present and future citizens has been made available to foreign data firms and governments and non-State actors for all time to come,' says Gopal Krishna.
Indian states are preparing for a Rs 1.9 lakh crore (Rs 1.9 trillion) tax windfall this fiscal year.
The Modi government's array of economic policy has been impressive.
Ten trade unions with a combined membership of 15 crore workers in public and private sector, including banks and insurance companies, are on a nationwide strike to protest against changes in the labour laws.
On the eve of the Modi government's two years in office, the RSS-linked Bharatiya Mazdoor Sabha leadership met Finance Minister Arun Jaitley. After the meeting, the BMS claimed the FM told its delegation 'the government has realised that labour reforms are not essential for industrial growth in the country.'
In the near term, the key driver will still be the government's fiscal spending.
It's time we dispensed with the paper trail and shifted all labour law paper, workflows and permissions online.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
Enhanced revenue generation is a priority for the government.
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
'Muslims and Christians should understand that the cow is sacred to us. It is not good for health. They should eat something else.'
The Budget decides to take the lead in revving up infrastructure.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
Budget might turn out to be neutral for the sector.
NDA government has shunned populism.
A theory that is doing the rounds is that with election nearing, this depreciation of the rupee will allow politicians of all hues to bring back their ill-gotten wealth.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
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