News for 'PwC India'

Economic gloom? Nah! India among top 5 most promising markets

Economic gloom? Nah! India among top 5 most promising markets

Rediff.com20 Jan 2016

As per the findings, CEOs are less optimistic about prospects this year.

Now, black money stashed in Singapore banks under govt lens

Now, black money stashed in Singapore banks under govt lens

Rediff.com18 Jan 2018

India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively.

MCX stock: More questions than answers

MCX stock: More questions than answers

Rediff.com6 May 2014

R-Cap's demands following PwC's audit report add a fresh layer of worries for MCX investors and could hit valuations marginally.

Basel II: Banking on commodity derivatives

Basel II: Banking on commodity derivatives

Rediff.com21 Jul 2007

An early action to allow domestic banks to participate in the commodity markets would not only help in improving their competency but would also help in develop their trading and product development skills in commodity derivatives.

How India Inc can change the lives of others

How India Inc can change the lives of others

Rediff.com22 Sep 2015

A new book may help companies in getting corporate social responsibility right, notes Ajit Balakrishnan.

Should GST be imposed on extra-neutral alcohol?

Should GST be imposed on extra-neutral alcohol?

Rediff.com9 Jul 2018

The central government wants to impose the levy; many states are opposed - at least, to the Centre doing so

United Spirits shows proof of Mallya's fund diversion

United Spirits shows proof of Mallya's fund diversion

Rediff.com15 Jul 2016

USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson.

The many loopholes of pension scheme for unorganised sector workers

The many loopholes of pension scheme for unorganised sector workers

Rediff.com2 Feb 2019

According to official statistics, half of India's GDP comes from as many as 420 million workers in the unorganised sector including street vendors, rickshaw pullers, construction workers, rag pickers, agricultural workers, among others. This massive workforce remains outside the purview of the formal banking and insurance industries.

Why Maruti's vendors have hit a speed-breaker

Why Maruti's vendors have hit a speed-breaker

Rediff.com20 May 2019

Maruti being the market leader with a disproportionately high share of the passenger car market helped its component makers grow as an industry all these years and hence, the exit from a segment is a jolt if not a big setback.

ICICI to auction bad loans

ICICI to auction bad loans

Rediff.com16 Sep 2005

Policyholders prefer to buy insurance physically

Policyholders prefer to buy insurance physically

Rediff.com8 Jul 2019

The online channel has only been successful in making inroads in metro cities.

'Will my wedding gift be taxed?'

'Will my wedding gift be taxed?'

Rediff.com3 Jan 2020

'When a gift is received in cash, it is likely to be questioned, and your father may need to explain its source.'

Banks, exchanges come under cyber attacks

Banks, exchanges come under cyber attacks

Rediff.com20 Oct 2016

Axis Bank recently informed the Reserve Bank of India that it had experienced a cyber attack, while the State Bank of India said it was re-issuing over 600,000 debit cards because of a potential security breach.

'Global CEOs unsure of an economic revival in 2015'

'Global CEOs unsure of an economic revival in 2015'

Rediff.com21 Jan 2015

Thirty-eight per cent of CEOs say the US is among their top three overseas growth markets, compared with 34 per cent for China, 19 per cent for Germany, 11 per cent for the UK and 10 per cent for Brazil.

GST to be simple with 1% additional tax removal, say experts

GST to be simple with 1% additional tax removal, say experts

Rediff.com31 Jul 2016

Analysts believe the GST could boost India's economic growth by up to 2 percentage points

Homegrown PE funds learn how to cash in on fast exits

Homegrown PE funds learn how to cash in on fast exits

Rediff.com20 Oct 2018

Players such as Kidaara, True North, and Multiples Alternate Asset Management move outside the confines of just being a family-style financial office and become a true PE heavyweight.

Good news for stressed asset buyers

Good news for stressed asset buyers

Rediff.com12 Dec 2019

In a major relief to stressed assets, the Cabinet approved the proposed IBC amendment that the licences, permits, concessions, and clearances for a corporate debtor cannot be terminated or suspended or not renewed during the moratorium period. The Cabinet also allowed amending the code to streamline the corporate insolvency resolution process and protect last-mile funding to boost investment in financially distressed sectors.

Amazon sets the pace for e-commerce in India

Amazon sets the pace for e-commerce in India

Rediff.com27 May 2016

Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race

GST collection crosses Rs 1 trillion for third straight month in May

GST collection crosses Rs 1 trillion for third straight month in May

Rediff.com6 Jun 2019

Despite a steady collection rate, the government faces a steep Budget target of Rs 6.1 trillion for CGST for 2019-20.

Media to make waves with pay TV

Media to make waves with pay TV

Rediff.com2 May 2007

The prospects for the media and entertainment industry look bright over the next four years, according to media pundits and independent research agencies.

GST draft law brings all online purchases under its purview

GST draft law brings all online purchases under its purview

Rediff.com15 Jun 2016

The tax, in lieu of local levies, will be imposed at the first point of a financial transaction.

Tax ombudsman: A positive start

Tax ombudsman: A positive start

Rediff.com5 Feb 2007

Our regulation gives wide powers to the tax authorities, particularly at the assessment stage. The entire process is driven by 'doubt and suspicion' rather than 'trust and faith.'

Why infra firms in Andhra are staring at a bleak future

Why infra firms in Andhra are staring at a bleak future

Rediff.com4 Jun 2019

Bhogapuram international airport, Ramayapatnam and Bandar ports, the Muktyala lift irrigation scheme and a bridge across the Krishna river are some of the projects likely to be hit.

Will Punit Goenka manage to 'rescue' Zee?

Will Punit Goenka manage to 'rescue' Zee?

Rediff.com11 Dec 2019

With founder Subhash Chandra no longer in the driver's seat at Zee, the acid test for Punit Goenka would be to take the financial investors along with him even as he strives to weather the latest storm. The question, now, is how he will deal with the challenges of being a professional CEO rather than an owner-CEO in the aftermath of his family offloading most of its promoter stake to a clutch of financial investors. However, the silver lining is that Zee remains the most profitable of the top four broadcasters in India.

Aug GST collection falls below Rs 1 trillion

Aug GST collection falls below Rs 1 trillion

Rediff.com2 Sep 2019

The collections stood at Rs 98,202 crore in the month, against Rs 1.02 trillion in July. The figures indicate continuation of economic slow down which was reflected in the gross domestic product (GDP) growth which plummeted to a 25-quarter low of 5 per cent in the first quarter of 2019-20, experts said.

Sitharaman's 4-pronged attack on tax leakages

Sitharaman's 4-pronged attack on tax leakages

Rediff.com15 Jul 2019

In this Budget, too, there were a number of measures aimed at plugging tax leakages and ensuring greater compliance, says Sanjay Kumar Singh.

Rented property income can't be business income

Rented property income can't be business income

Rediff.com21 May 2019

If you are merely letting out the property and enjoying the rent as an individual or as a company, in most cases, you will need to mention rental income under the head 'income from house property' in the income-tax return form, points out Tinesh Bhasin.

Access norms for investment by FPIs eased

Access norms for investment by FPIs eased

Rediff.com21 Feb 2018

Overseas funds have been spooked by several policy measures taken by the government in the past few years

Govt's tax amnesty scheme sees little success

Govt's tax amnesty scheme sees little success

Rediff.com8 Nov 2019

By November 3, only 17,000 applications with tax payable amounting to Rs 1,100 crore have been received by the government, under the Sabka Vishwas Legacy Dispute Resolution Scheme. The scheme gives a deep discount of 70 per cent for cases pending appeal where tax demand is more than Rs 50 lakh, and 50 per cent waiver beyond that amount.

Oil import bill for FY19 seen rising 42%

Oil import bill for FY19 seen rising 42%

Rediff.com23 Oct 2018

The benchmark Indian crude oil basket is now estimated to average $77.88 a barrel for FY19, compared to the government's earlier estimate of $65 a barrel for the year and $56.39 for FY18

Though compliance improved, GST collection dropped in December

Though compliance improved, GST collection dropped in December

Rediff.com1 Jan 2019

The total revenue earned by central government and state governments after regular settlement in December was Rs 43,851 crore for CGST and Rs 46,252 crore for SGST.

'DTH will drive Indian cable industry growth'

'DTH will drive Indian cable industry growth'

Rediff.com13 Apr 2005

China with a growth rate of 25 per cent and India at 18 per cent, are among the fastest growing markets fueling the boom in entertainment

How to solve this GST imbroglio?

How to solve this GST imbroglio?

Rediff.com10 Oct 2018

From a commercial standpoint, reducing the price of each SKU, particularly with a small MRP (Rs 5 or below) is often a challenge, including availability of legal tender below Re 1

Inflation-indexed bonds are disappointing

Inflation-indexed bonds are disappointing

Rediff.com11 Jun 2013

Debt returns are always negative for investors in India, unless they are willing to take huge risk

Filing tax returns on time has benefits

Filing tax returns on time has benefits

Rediff.com14 Apr 2016

You can carry forward losses and revise the returns umpteen times in case of mistakes.

GST rates likely to be cut for smaller items

GST rates likely to be cut for smaller items

Rediff.com18 Jul 2018

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

Carmakers believe market for pricier sedans is at tipping point

Carmakers believe market for pricier sedans is at tipping point

Rediff.com11 Nov 2018

Right now, the 'Lower D' or LD segment -- which the industry defines as a sedan that costs between Rs 1.5 million and Rs 2 million, is longer than 4.5 metres, and powered by an engine of 1.8 litre or larger -- has barely three cars, all of which have been around for over a decade in India. Nevertheless, at least one foreign auto player is looking to bet big on the segment.

MNCs breathe easy; SC offers them tax relief

MNCs breathe easy; SC offers them tax relief

Rediff.com3 Nov 2017

The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08

New GST rates likely from April 1

New GST rates likely from April 1

Rediff.com18 Dec 2019

Proposals from the Centre's side include raising the 5 per cent slab to anywhere between 6 and 8 per cent, and doing away with the 12 per cent slab. A few states may oppose such a move because it involves hiking tax on items consumed by the poor. They have instead proposed raising the 18 per cent slab.