A dialysis machine contributes only 6 per cent to the overall cost.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
A committee on digitalisation headed by Andhra Pradesh Chief Minister Chandrababu Naidu had in an interim report recommended taxing cash transactions of at least Rs 50,000 to promote digital payments.
Alibaba Group Holdings Ltd may scrap plans to invest in online marketplace Snapdeal, technology website Recode has reported.
FM proposed rationalisation of various tax exemptions.
Slight recovery in growth is expected only in July-September.
VCs have been especially bullish about India.
Already reeling under a demand slump, automobile manufacturers have expressed disappointment over the RBI's decision to hike short term lending rate saying it is likely to impact the interest rates on car and automobile loans further.
From a longer term perspective an improvement in economic environment is necessary for a rise in inbound deals.
Aadhaar-based electronic verification code will do away with need to send physical ITR-V copies to I-T centre
Bankers have hailed the Prime Minister's call to end "financial untouchability" and opened millions of accounts on the inaugural day itself.
Alibaba in talks to invest up to $700 million in Snapdeal
Prabhu's maiden Railway budget is high on vision.
Experts say the tighter share buyback norms will help ensure only companies with clean intentions come to the market.
Restricting the input credit is not a good idea for any sector, particularly real estate which requires more formalisation.
It's puzzling why Indian cos keep their acquired brands out of play.
Unlike last year, investors turn cautious on e-commerce sector.
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
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.
Govt doesn't buy restaurants' input tax excuse and has swing into action and looking into profiteering complaints on social media against prominent restaurant and franchise chains.
On January 31, the US Federal Trade Commission cleared the merger.
Investors were stuck in old schemes though they were suspended because of tax implications.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
'In restaurants, the waiter takes your card and then comes back with the machine. Don't allow that.' 'Let him come to you with the machine and then enter the card and the PIN yourself.'
Agriculture implements that are currently taxed up to 18 per cent may come under the 12 per cent or the 5 per cent bracket.
Whether you give stocks held for more/less than a year, benefits are nominal; donating cash is better.
Delhi and neighbouring Noida in Uttar Pradesh, too, are studying Gurgaon's no-car Tuesday model.
Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
The recommendation, if implemented, is likely to face opposition from the government's key support base among Hindu traders and businesspersons.
'The fact that you did not receive the rent through a bank will not take away the taxability of the rent in your hands.'
Some of the disclosures in the ITR form, under review at present, increases procedural hassles for expats
Majority expect economy to slow down, but are satisfied with Modi govt's performance.
Define ownership proportionately at the time of registration to ensure that you don't face problems on taxation front.
UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
In the next few days, use credit/debit cards wherever possible or download your bank's mobile banking app or a mobile wallet.
Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
The tax computation compares the original cost, along with the stock value on January 31, and grants benefit of the higher of the two.
If you were deputed abroad, filing income tax can be tricky.
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