'Housewives depositing cash up to a limit of Rs 250,000 need not worry.' 'It is understood that in India housewives save money which they get from their husbands for household expenses.' 'The intent of the government is not to question them.'
The sale of the Lincoln House in the Breach Candy area of south Mumbai, which used to house the US consulate, to the billionaire chairman of the Pune-based Serum Institute, makes it the largest real estate deal in the country's financial capital.
LG, Panasonic: Making in and for India LG and Panasonic are looking to revive their fortunes in India by building local insights into their new products.
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.
The problem, say experts, is not so much the use of plastic as the lack of effort to recycle and reuse it.
In the Budget, the government has banned cash transactions above Rs 300,000. This means that people will have to pay stamp duty and registration charges on the actual cost of transaction.
Car sales likely to touch record 3-mn mark by the end of March.
Centre, with states, to change methodology of calculating domestic power rates, set standards for consumer tariffs
Can Nestle go beyond Maggi? While recovery in the March quarter has been led by the popular noodle brand, the company hopes for a different revenue mix in five years.
ICICI Bank has quashed rumours of favouritism, nepotism and quid pro quo. The bank clarified that while Chanda Kochhar was on the credit committee, she was not the chairperson. Videocon Chairman Venugopal Dhoot said there was no impropriety in the deal.
Charges against Raju and others include criminal conspiracy and forgery.
Besides the thrill of changing cars quite often, a higher tax deduction is available, experts tell Tinesh Bhasin
Tata Sons has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government.
Corporate affairs ministry sending notices seeking details of fund disbursal
Post-elections, the pace is expected to be greater for inbound deals, which have been largely pushed back for many months now for want of better clarity on the policy stance of new government, experts said.
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.
Robotics is making inroads into HR, but will not replace the function any time soon, experts say.
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
Tata Motors, Titan Company & Tata Steel come in at second, third & fourth slots.
Of the 80 new appointments, 51 women are becoming directors.
Market regulator also announces measures for mutual funds sector.
Thanks to Budget 2018, seniors can invest more and also save more.
Air travel penetration in India remains small in global terms, with 0.04 annual trips per capita against 0.3 in China and more than two in the United States.
Inter-state supply may come under GST composition
Arun Jaitley presented the Budget in Parliament on Saturday.
There will be some populist announcements in Budget.
Group of ministers to review progress every fortnight.
Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns
What can households do with the old Rs 500 and Rs 1,000 notes? How can they find Rs 100 and smaller denominations?
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
If losses from F&O, intra-day trades are below Rs 20,000-30,000, it's best not to claim them and opt for ITR-2.
Under new government, tax office to explore ways to reduce disputes.
A friendly working environment, special healthcare facilities, flexible work hours, work from home options, support and camaraderie among the team members keep employees highly motivated in these 10 companies.
Prepare your replies with expert help, if necessary. Keep relevant documents ready to support your replies.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
Revised tax forms will be simple; stress on foreign travel and assets has been reduced
In yet another step to attract foreign money, the Reserve Bank of India (RBI) has allowed non-resident investors to acquire shares of listed Indian companies through stock exchanges under the foreign direct investment (FDI) scheme.
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