Private schools are of two types: those that are aided by the government and those that are not.
The pricing and marketing freedom for exploitation would be capped by a ceiling price.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
Bajaj Auto Ltd will soon go for an across the board price hike in order to maintain profitability and offset the impact of the education cess introduced in the Budget, said Bajaj Auto Managing Director Rajeev Bajaj.
The old India was economically fragmented. New India will create one tax, one market, one nation, said Jaitley.
Increase in first half of FY14 comes despite a fall in average crude prices; weak rupee helps.
The Ministry of Surface Transport and Highways will set up a road safety fund with an initial corpus of Rs 120 crore (Rs 1.20 billion).
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
Lupin was the top gainer after the USFDA cleared its Goa facility
Consumers are having to pay more for transportation as petrol and diesel became costlier by about Rs 1.50 per litre
Hyundai Motor India Ltd on Friday increased prices of all its car models in range of Rs 362 to Rs 2,816 on account of the increased cess announced in this year's budget.
India's exports are growing at 20 per cent an year and will cross the target of $92 billion set for 2005-06, according to the annual report of the commerce ministry released on Thursday.
At present, the service tax rate stands at 12 per cent. Added to this is a 2 per cent education cess, bringing the incidence to 12.24 per cent.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
Note ban, diesel ban have little impact as Mercedes posts marginal decline, while BMW sales rise 14 pc.
Soybean is trading at a 25 per cent premium to the MSP, after initially slipping below the government's threshold procurement price of Rs 2,850 a quintal.
The recommendation was for imposing a cess of Rs 60 a year for families above the poverty line and Rs 25 for families below the poverty line, its report said.\n\n
The new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
Civil Aviation Secretary R N Choubey said on Friday there would be no compulsion on airlines.
Adjusted for inflation, the earlier scheme would have collected Rs 25,000 crore.
Now that the B -- day is over, it is time to look at the impact of budget on your savings, investments and tax planning. A close look tells you it is a mixed bag.
Maruti Udyog on Thursday hiked prices of all its models by up to Rs 1,017 on account of the increased cess announced in Budget 2007.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
UPA govt betrayed on education promise: JP
GST rates would depend upon whether the commodity is used by a rich person or a common man
The GST has been a great achievement, but it does suffer from weaknesses, says Chief Economic Adviser Arvind Subramanian.
'We are in the reverse gear and we are not there anywhere compared to the rest of the world'
With India's exports touching $80 billion in 2004-05, government on Friday announced a slew of measures in the new Foreign Trade Policy, aimed at taking the exports to $92 billion in the current fiscal.
Measures may include tax slab and rate revisions for individuals, companies.
Fulfilling its poll promise, Delhi's Aam Aadmi Party government on Monday announced that 667 litre of free water will be provided daily for each household which has an installed water meter.
The finance minister defended the change in the tax rates.
These plans aren't likely to put substantial cash in your hands.
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