In January this year, VW had said it will invest a minimum of Rs 2,000 crore on its Indian operations by 2013 to ramp up capacity, launch new models and strengthen research activities.
The price of petrol has been hiked by Rs 1.39 per litre and that of diesel by Rs 1.04 a litre, in sync with firming international rates.
It will take on Samsung Galaxy Tab models that start at about Rs 24,000.
It will take on Samsung Galaxy Tab models that start at about Rs 24,000.
lobal output returning to its medium-term growth rate of 4 per cent
Sustained growth only if domestic manufacturing rises
Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.
There has been a marginal dip in the petrol prices.
Mohan will be responsible for aligning of teams, overall strategy in this country and driving Facebook's investments in India
Airlines likely to be allowed to operate with smaller aircraft.
Electricity has also been kept out of the GST ambit.
Suparn Verma remembers the time he spent with the legend during a Rediff Chat.
So far, 38.38 lakh taxpayers accounting for 64.42 per cent of the total businesses, who had registered in July, filed returns.
Have you ever faced terms such as 'service tax', 'VAT' and 'service charge' while eating out at a restaurant. However, instead of asking the restaurant authorities about these terms and their application, have you simply paid up to avoid any potentially embarrassing social encounter? Fear not, after reading this article, you won't face any such problems again.
To improve compliance, govt may introduce lottery reward for filing GST. The Consumer Welfare Fund, where anti-profiteering proceeds are deposited, will be used to reward the lucky winners on monthly and annual bases. The prize money, yet to be fixed, may run into several lakhs of rupees for the annual draw, and about Rs 50,000 for monthly draws.
As part of a series of chats, which will help understand the significance and scope of US President Barack Obama's visit to India, noted journalist Siddharth Varadarajan interacted with rediff.com readers.
Mediums may change, formats may alter but one thing remains constant -- audience making their likes and dislikes abundantly clear.
'I came here to witness the historic message this oath-taking ceremony has sent to the nation and Maharashtra.'
Oil companies choose to skip the revision this time.
Petrol price has been hiked by Rs 1.82 a litre, excluding taxes, with effect from midnight tonight.
As there are no takers for the bumper crop of onion and prices are spiralling down, farmers in Indore, Madhya Pradesh are now feeding the bulb to the milch animals.
The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to compensate states for loss of revenue.
The much-vaunted GST will reform India's complex indirect tax system, while maintaining the balance of power between the Centre and states. We bring you the key figures in its evolution. . .
The GST rate for the sector has not yet been finalised by the government.
Neutrality and jurisdiction in international trade need to be discussed threadbare before GST is implemented in India.
Here is a look at some of Aseem Chhabra's favourite memories of 2020 in Hindi cinema, performances by well-known and new actors, special moments in films and shows.
Hey, guys -- do you want to land a lady as hot as Malaika Arora Khan? If so, here's a few style tips that she thinks maketh the man!
The train is scheduled to begin it's first commercial run on Sunday with all tickets already sold out.
The Centre on Thursday placed before the GST Council two options for borrowing by states to meet the shortfall in GST revenues, pegged at Rs 2.35 lakh crore in the current fiscal.
'The actual price of petrol is Rs 35 and it jumps to Rs 88 because of government taxes.'
The much awaited new indirect tax regime Goods and Service Tax (GST) is unlikely to be implemented from the scheduled date of April 1, 2011, a top government official said on Tuesday.
Among the A-listers, only Aamir and Akshay consistently deliver hits. They have also been most active is doing projects that go beyond romance or action stories.
Days after the Centre hiked the prices of LPG by Rs 50 per cylinder, Tamil Nadu government on Tuesday cancelled a four per cent value added tax on LPG, bringing down the price of a cylinder by about Rs 15 in the state.
Going forward, the February factory output may be impacted as several industries such as automobiles, technology, pharma and fashion have some exposure to imports of raw and intermediate materials from China.
The revenue collection in the same month a year ago stood at Rs 94,442 crore.
Finance Minister Pranab Mukherjee on Wednesday proposed a three-rate structure for the Goods and Services Tax -- which will simplify the indirect tax regime -- under which goods will attract 20 per cent levy, services 16 per cent and essential items a concessional 12 per cent.
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
Vat Vrikshya -- banyan tree in Sanskrit -- helps tribal women, with absolutely zero formal education, set up businesses.
She charged the government with profiteering at the expense of the people, saying its duty was to help them in times of crisis and not make profits out of their hard-earned money.
In order to counter the growing penetration of e-commerce portals, the ICT industry in Gujarat is also mulling initiation of its own portal for selling products.
