There are a couple of proposals, however, whose goals are not easily achievable.
The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.
Unions, which are protesting against FDI in the banking sector, are pressing for various demands.
Mallya offered to pay Rs 4,000 crore (Rs 40 billion) as settlement.
A week after lenders invoked more of pledged shares, they did so again.
Stake valued at $4 billion, against initial expectation of $4.5 billion
The problem of stressed assets needs to be addressed with effective recovery.
Close to a million small shareholders have stake in nine NCLT-bound companies
Kushner in an 11-page statement said he hopes that that he has been able to demonstrate the entirety of his "limited contacts with Russian representatives during the campaign and transition".
The vice chairman said they have asked agencies like the ED, IT to make an assessment of the list and prepare a report in this regard.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Ashish Mehrotra, MD and CEO, Max Bupa Health Insurance, explains the changes we can expect in health insurance this year.
Under the scheme coming into effect from April 1, 2018, a donor could purchase bonds from authorised banks against cheques or digital payments. These would be redeemed only in the designated account of a registered political party.
Bank licencing has been a "once in a decade" affair and so it could well be that we don't face this process anytime soon.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'The entire government-owned banking system (excluding SBI) is now in the red.' 'But worse is to come,' warns T N Ninan.
The department gets data of high-value transactions under the Annual Information Return.
Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman
How will the government's decision to demonetise Rs 500 and Rs 1,000 notes help curb the creation and flow of black money into the Indian economy?
'These are only passing clouds. The banking industry is a century-old industry and this is not the first time it is going through such a crisis.' 'When the economy revives, those companies that are in the infrastructure fields will also get revived.' 'After all, a lot of money has gone into creating assets like power projects and roads, so you can't say money has been wasted.'
The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees for bail.
Loans to wilful defaults are said to be a little over Rs 1 lakh crore.
'I am not surprised that hubris brought Chanda Kochhar down. It would appear that as a person she thought she could do no wrong and as a leader she considered herself above what her company demanded of others in terms of financial probity and honesty. That, my friends, is NOT a good way for a leader to feel,' says S Muraleedharan, former managing director, BNP Paribas.
Amid the raging row over National Herald case, the Congress on Sunday asserted that the allegations and "insinuations" against party leaders Sonia Gandhi and Rahul Gandhi are "deliberately orchestrated", "patently false" and "defamatory" as they have "not received a rupee".
To curb mis-selling of policies and rationalise commissions, radical changes have been proposed to help investors.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.
Look for one with the right mix of qualification, experience, ethics knowledge, and communication skills
The so-called soil scam has left Lalu alone in the Mahagathbandhan.
Experts say only three per cent individuals pay taxes.
Market regulator also announces measures for mutual funds sector.
Nearly three weeks after Prime Minister Narendra Modi announced junking high denomination 500 and 1000 rupee notes, Finance Minister Arun Jaitley introduced a bill to amend the income tax law.
'I find the RBI edict to the Kotak Mahindra Bank to reduce Uday Kotak's shareholding very unreasonable,' says Sudhir Bisht.
RIL's standalone net profit rose one per cent quarter-on-quarter
United Spirits had earlier forked out a loan of as much as Rs 1,350 crore to UB Holdings.
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
The move came after Russia and China were able to decrypt more than one million files held by Snowden.
Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
