Questions on the efficacy of the government's drive towards filing of more returns by individuals and on whether raising tax exemption levels has led to reduced compliance in filing of returns by those who go out of the tax net, says A K Bhattacharya.
The Supreme Court has not only exposed the BJP government's intentions, it has also questioned the government's credibility, which is a serious blow, says Sheela Bhatt/Rediff.com
In the quarter ended September, the company's employee costs rose to an all-time high of Rs 1,580 crore (Rs 15.8 billion), even as company's margins took a beating.
The GST bill is stuck in the Rajya Sabha where the ruling NDA govt does not have a majority as well as stiff opposition by the Congress
The premium on insurance policies will get costlier by 3 per cent to 7 per cent, depending upon the rate fixed by the GST Council from April 1, 2017, says Harjot Singh Narula.
Call for balance in assessing the first year of the PM -- and less prickliness on the part of the BJP
'If governments choose to spend our money on cow meat detection kits or hugely expensive statues, it is also a form of corruption.' 'A betrayal of our hopes and aspirations,' says Amit Mehra.
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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
Congress is opposing the GST bill in the current form.
Another point of contention is the invoice issued by the e-companies.
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
A raise in the I-T exemption limit has been sought by many.
'The war against ISIS is what earned the Kurds global recognition of being some of the best fighters that overshadowed regular armies,' points out Brigadier S K Chatterji (retd).
In an online chat with readers, Vidhu Shekar, CFA, country head-India, CFA Institute shared advice on how to crack the CFA exam.
Exports dropped 3.1 per cent in June from a year earlier, the first decline since January last year while imports went down 0.7 per cent, General Administration of Customs said on Wednesday.
On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
Education, jobs, health and more: Experts share their wishlist.
The Centre needs to have dialogue with the Opposition instead of letting politics come in the way; it needs to stoop to conquer, says Aditi Phadnis.
Start 2017 with these five simple financial resolutions and you will put your family on solid ground financially, says D P Singh, executive director and chief marketing officer, SBI Mutual Fund.
The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side
Else, repent when you reach your golden years
Finance Minister Arun Jaitley accused Congress of setting a wrong precedence for future opposition parties by continuously disrupting Parliament.
A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment
''We have a very difficult period ahead of us.' 'Fortunately we have a popular government and a popular leader who is ideally placed to take us into confidence,' says Aakar Patel.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
Similar traffic restrictions in other cities did not see a significant improvement in air quality only because car owners begin making more trips during their unrestricted periods. The other apprehension, as seen in other cities, is that residents have bought secondhand cars, using the other number plate so that they can continue to drive to their work place, thereby defeating the very purpose of this scheme.
Prime Minister Narendra Modi will leave for the Belgian capital as part of a three-nation tour during which he will attend the Nuclear Security Summit in Washington and visit.
The state may have some power to put reasonable restriction, says the apex court.
Sectors throw up a wishlist for the Finance Minister.
Mayank Ashar, managing director and chief executive officer, Cair India, says the reform momentum should continue and the industry should do its part too.
It is far from clear that this GST will have the silver bullet effect that the "pure" GST would have provided, says Mihir S Sharma.
Jaitley's Budget has the potential to change the face of Modi's Bharat
Indian airlines are running into losses.
'India should today tell China to provide proper facilities in Minsar for Indian yatris visiting Mt Kailash,' says Claude Arpi.
Taxpayers might face several issues while filing returns this year.
It is possible that the final Budget architecture may be at variance with the comments.
'Success will require political skill, not just economic expertise'
The Budget will indicate where the Modi government stands on reforms, growth and development.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
