The US is pressing for taxing digital economy through the 'marketing intangibles' principle and the UK through a 'user-base' principle.
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
There are also talks of branded garments being put under the luxury tax slab, which could be higher than 18 per cent.
The USIBC has encouraged a streamlined implementation of the GST.
It has been lowered to 'IND BBB+' from 'IND A-', besides placing the rating on 'Rating Watch Negative' (RWN).
Deutsche Bank, one of the leading international financial service providers, plans to move almost half of its back-office jobs to India by the end of next year, according to a media report.
Urvi Malvania reports on the restructuring expected at Disney India under new MD Mahesh Samat.
India ranks 83, among 166 countries, in spending on mobile rates
Tata Motors was the top gainer on better-than-expected June quarter revenues
'See to it that you have adequate skills that will make you so indispensable that they cannot fire you.'
Tatas' brand value grows 12% in the past year, far ahead of Reliance and Airtel.
Four decades of federal evolution made India more secure, but coronavirus is reversing that. Modi's central government has tasted power again and is unlikely to give it up, notes Shekhar Gupta.
The Indian market is highly competitive, and tariffs here are amongst the lowest in the world.
Infrastructure stocks are once again gaining traction.
Singapore Airlines has given new brand names to two carriers it controls - SilkAir (short-haul) and Scoot (low-cost, long-haul.
Rediff.com gives you a lowdown on the net neutrality issue that is today part of the national discourse.
The direct tax collections are likely to fall short of the revised Budget target by Rs 650 billion and, in fact, were Rs 150 billion lower than the original estimate for the fiscal
Hygiene and cleanliness of trains and stations a must
Flipkart on Tuesday launched a next-day delivery service.
After GM's India exit, Ford-Mahindra 'strategic alliance' under spotlight.
For India, it is business as usual with the government muddling along.
The authoritative Congressional Research Service, which provides data and analysis to the US Congress, finds that India no longer features in the world's three biggest arms importers.
'The estimates of tax forgone on this item run into hundreds of billions.' 'And there is neither fairness nor rationality to support continuing with this tax holiday for just one class of investors, those who put their money in shares,' says T N Ninan.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
The government told the Rajya Sabha on Thursday that Bharat Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited would not be privatised in the near future.\n\n\n\n
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
'The actual price of petrol is Rs 35 and it jumps to Rs 88 because of government taxes.'
Sections in the draft Personal Data Protection Bill are a blatant violation of the Right to Privacy as guaranteed by the Constitution.
The petition was mentioned on Tuesday by Income Tax counsel Beni Chatterjee and Vodafone lawyer Fereshte Sethna before a bench headed by Chief Justice Mohit Shah.
Cricketer Harmanpreet Kaur, who hit a stunning 171 not out in the recent women's cricket World Cup propelling India into the finals, has been promoted as Officer on Special Duty (OSD) in the Western Railway.
The continued rise in interest is a pressure on fiscal, but it is not an easy way out unless the government cuts back on populist measures and sticks to fiscal prudence as laid out in the FRBM, which the government missed for the second consecutive year.
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
The company declined to disclose the names of the firms it was acquiring as the regulatory clearances and some negotiations are still in process.
'Start Ups have to be really careful of the kind of talent they bring in, and the tone and culture they set.' 'It's absolutely crucial that the people we hire are motivated go-getters who can align with the company's long-term goals, culture and values.'
The markets gained nearly 7 per cent in the 4 trading sessions of March.
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
Vinod Kumar, Tata Communication CEO has amazing business strategies to enhance topline.
The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.
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