Restricting the input credit is not a good idea for any sector, particularly real estate which requires more formalisation.
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
Social Justice Minister Thaavarchand Gehlot sought to allay doubts raised by several opposition members about the legislation's fate if challenged in the Supreme Court, saying he can say with confidence that the apex court will accept it.
A photo symbolising "love and compassion" of an 85-year-old Brazilian woman getting her first embrace in five months from a nurse through a transparent "hug curtain" has been named the World Press Photo of the Year. This year, according to organisers, 74,470 images were submitted for judging, made by 4,315 photographers from 130 different countries. World Press Photo has been kind enough to allow to share some of this year's winning photos here with you.
Two defeats and one last-gasp victory in the group stage meant an embarrassed Germany made their earliest World Cup exit in 80 years on Wednesday.
Darbar's music, the direction, sets, props, the rest of the cast are all there with one single purpose: To make Rajinikanth look like the superstar he already is, says A Ganesh Nadar.
Sringaravelan plot's wanders on aimlessly with no logic. You just have to go with the flow of the comedy, which gets quite boring towards the end.
At least two people, including a woman were killed and 22 others wounded when gunfire erupted at a birthday party in Houston, United States, triggering panic, police said on Sunday.
The government's decision to release the reports comes two days after over 200 scholars from across the globe issued a statement demanding release of all withheld reports produced by the NSO, including the household consumer expenditure survey that was junked.
'For the Tamil Nadu protestors to openly ask popular film actor Vijay Sethupathi not to don Murali in 800 is a travesty in every sense. It may have given them a cause to tell the world, and the governments in New Delhi, Colombo and Chennai, that the Sri Lankan ethnic issue was still alive in the state -- more so, during the current run-up to two major events in the first half of 2021,' says N Sathiya Moorthy.
The fall came on the back of a massive selloff in NBFCs, led by DHFL which skidded over 50 per cent on fears of a liquidity crisis.
Rediff.com looks at some prominent leaders in our past who evinced an affection for the words of Shakespeare. An anniversary special.
We sorted through countless photographs taken around the world to come up with the top photos of 2019. Together these images tell the story of the year -- capturing moments of hope and heartbreak, triumph and tragedy.
Here's a glimpse of how the world welcomed 2016.
Life Insurance Corporation of India (LIC) on Friday got its first female managing director and another new MD.
Cutting across party lines, chief ministers and others leaders urged the people to follow the self-imposed curfew from 7 am to 9 pm, noting that "social distancing" was key to breaking the chain of infection, as the number of coronavirus cases rose to 283 after 60 new cases were detected on Saturday, the highest so far in a day, and states like Maharashtra, Odisha and Bihar imposed partial lockdown till month end.
There are 13 new faces, including two women, in the cabinet. Five ministers had held positions in previous LDF ministries.
A summary of sports events and sports persons, who made news on Thursday.
A well-written screenplay, brilliantly executed, with clever music, stunning cinematography, and, above all, the hugely talented Kamal Haasan, make Jeethu Joseph's Papanasam a must watch.
The first tweet noted the new president's relatively small inaugural crowd compared to the number of people former president Barack Obama drew to the National Mall when he was sworn into office in 2009.
Men and women, young, old all came together to save lives where they could and provide succour -- some by providing food, while others provided medicines and a shoulder to cry on.
Michael Phelps urged US lawmakers on Tuesday to push for a reform of the global anti-doping effort in sport after a career in which the Olympic great said he was never confident he was competing against clean athletes.
News that transpired on and off the football field.
It beats Netflix any day, exclaims Prithvi Singh.
Mother Teresa will be declared a saint by Pope Francis of the Roman Catholic Church in a canonisation ceremony in Vatican City on Sunday in the presence of over a lakh of her followers from all over the world.
Kerala has seen one of the worst floods in its history during this monsoon. From August 8 to 20, nearly 223 people have lost their lives, 33 are missing and around 1.2 million individuals from 3,02,441 families are in 3,941 relief camps. Initial losses are estimated to be around Rs 200 billion (Rs 20,000 crore). With the rescue measures in its last leg, the Kerala government is looking at raising funds to rebuild the state. In an interaction with Gireesh Babu and T E Narasimhan, Kerala Finance Minister T M Thomas Isaac says he has a three-pronged strategy to raise funds. Edited Excerpts.
The flame for the 2016 Olympic Games in Rio de Janeiro will pass through a refugee camp in Athens and one refugee will be among the torch bearers, the head of the International Olympic Committee said on Thursday.
After much delay and uncertainty, the landmark Food Security Bill was passed by the Lok Sabha on Monday which seeks to provide cheap foodgrains to 82 crore people in the country, ushering in the biggest programme in the world to fight hunger.
A lowdown on what's going on in the Malayalam film industry.
"I'm sorry I can't be with you in person, but please know that I am most definitely with you in spirit and honoured to be receiving such a prestigious prize," Dylan said in his acceptance speech, which was read out by the United States Ambassador to Sweden, Azita Raji.
During the phone call, Trump underscored the determination of the US to defend itself and its allies from the growing threat posed by the North Korean regime, the White House said.
The International Olympic Committee (IOC) on Friday unveiled its first ever team of refugees which will have 10 members and 12 officials and will compete at the 2016 Rio de Janeiro Games under the Olympic flag.
Indian-American lawmakers on Wednesday criticised US President Donald Trump's maiden address to Congress, saying it lacked specificity and offered only unrealistic plans on issues like immigration and Obamacare.
It was only an exterior launch, not the actual car, but what he saw left Rediff.com's Rajesh Karkera hugely impressed.
Besides a great idea, it takes pluck, and some luck, to get going.
Sonam Kapoor was in attendance at the Armani Prive Couture Show in Paris.
