The Central Board of Direct Taxes (CBDT) has proposed a new common income-tax return (ITR), with greater focus on disclosing income from virtual digital assets or crypto assets and foreign equity and debt instruments held by resident Indians. For non-resident Indians, the draft ITR seeks exhaustive details ranging from nature of business, permanent establishment (PE), business connection, whether the entity has significant economic presence (SEP) in India, along with the number of users in India. The ITR protocol for NRIs could widen the scope of the SEP principle that was introduced in the Finance Bill 2018-19, and the explicitly defined 'business connection' to include provision of download of data or software, if aggregate payments from such transactions exceed a prescribed amount, or if a multinational's interaction is with a prescribed number of users.
There is little appetite among combat aircraft engine makers to share the IP that results from a co-creation project. But Rolls-Royce is willing to walk the Aatmanirbhar talk.
Debt as an investment avenue for the wealthy has been attracting more assets than equity. The portfolio management service (PMS) industry, whose services require a minimum investment of Rs 50 lakh, has seen a 4.4 per cent decline in equity assets since March 2022.
GQ's 30 Most Influential Young Indians of 2022 includes start-ups, content creators, cultural influencers, artistes and film-makers who are risk takers and go-getters in their respective fields.
Cheetah will have to spend their entire air transit period empty stomach, a senior Indian forest department official said on Tuesday.
Prove your worth through effective storytelling. It matters how you communicate your achievements and articulate the potential to drive the business, suggests Sekhar Garisa, CEO, foundit, a job search app.
Mahendra Singh Dhoni would be hoping for a memorable farewell but he faces a major roadblock in the form of Gujarat Titans' run machine Shubman Gill.
The Central Bureau of Investigation has arrested Delhi lawyer Gautam Khaitan in the case of alleged commission paid by Brazilian aircraft manufacturer Embraer to a UK-based NRI middleman to swing a three-aircraft deal with DRDO worth $210 million in its favour in 2008, officials said on Thursday.
The online world is filled with love gurus promising to teach "how to woo someone in minutes", unlike those who talk about the need to do the self-work.
Rediff.com 's Rajesh Karkera and Hitesh Harisinghani spotted some stylish attendees at the FDCI x Lakme Fashion Week in Mumbai.
Fitness expert Brinda Sapat has created a special diet and fitness regimen for readers that will enable them to lose upto 10 kilos in two months.
By 2025, Uber projects that 25,000-30,000 cars -- or 12 to 16 per cent of vehicle additions -- would be EVs, reports Surajeet Das Gupta.
Isro will rope in industry to manufacture customised Isro-theme T-shirts, coffee mugs, posters, key chains, games, jigsaw puzzle and so on.
For the first time, a home-grown howitzer gun will be used for the ceremonial 21-gun salute during the Independence Day ceremony at Red Fort, Defence Secretary Ajay Kumar said on Wednesday.
If your flight is cancelled or delayed or you miss one, a travel insurance policy can cover the costs at such times and help you book a new one.
This versatile Thai red curry takes any kind of vegetable or protein in it and is served with steamed rice and garnish.
Project Vivaan won big at the Solar Decathlon, placing second overall (and missing the first position by a whisker). Members of the award-winning Team Shunya tell Mrigank Warrier how they built a carbon-neutral, water-neutral, energy-positive home for a family of four.
Sukanya Verma doffs her hat at all the salaam-themed titles out there.
The first step you need to do is update your resume, cover letter, as well as professional profiles.
State-owned Punjab & Sind Bank is targeting salary accounts to boost the share of low-cost deposits. Swarup Saha, managing director and chief executive officer of the New Delhi-based lender, tells Manojit Saha that the bank may see gross non-performing assets (NPAs) fall below 8 per cent if there is resolution of the stressed assets.
Right from the outfit to the dcor and theme, even food and activities can be customised to create a unique experience.
The custom WWE Championship Title will remain with the ECB as a permanent fixture at Lord's.
These are international culinary expert Mariko Amekodommo's favorite go-to nutritious recipes.
Do you know the most common exclusions in a mediclaim plan? Or, why your base premium keeps increasing over a period of time?
The 6-metre tall launch vehicle Vikram-S is named after Vikram Sarabhai, the father of the country's space programme and lifted off at 11.30 am.
Cash registers are ringing more frequently at hotels and resorts with the return of the big fat Indian wedding after a two-year hiatus. This comes even as the small and intimate ceremonies - which became popular during the pandemic - are also set to keep those employed in the hospitality sector on their toes. As many as 2.5 million marriages are expected to get solemnised during the wedding season that gets underway from next week and stretches on till April, according to industry estimates.
This is a film written for an audience that thrives on Vijay's stardom and it satisfies them thoroughly, observes Divya Nair.
This season, the nature of the advertising game has changed dramatically with TV and digital rights going to different entities.
Modern Indian weddings are no longer just about scrumptious menus, flashy decors, and extravaganza events. It's more about thoughtfulness, personalisation, and celebrating with loved ones, observes Anam Zubair, associate director of marketing, WeddingWire India.
Mouni Roy made a gorgeous bride at her Goa wedding to Suraj Nambiar.
With accurate strategies you can create an online presence, reach out to employers and maximise your chances of getting employed.
That means a manufacturer looking at a market like India needs to decide whether small, cheap cars or small, expensive cars or both will work better for them, says Pavan Lall.
Customised, personalised products -- objects that are quirky, fun and completely unique -- are the current rage in gifting.
Indian cricketers might start skill-based outdoor training after May 18 if restrictions are eased in the fourth phase of the national lockdown, BCCI treasurer Arun Dhumal said on Thursday while talking about a roadmap to resume the sport. Due to the countrywide lockdown, all top athletes are confined to their homes and are just doing some exercises to keep themselves fit in the lockdown to contain the coronavirus pandemic, which will enter its fourth phase from May 18.
The new RS 7 Sportback is expected to give competition to the likes of Mercedes-AMG E 63 S and the BMW M5.
As the curtain comes down on 2022, Roshmila Bhattacharya flashbacks to some of the year's news-makers and events.
The BCCI tweeted photographs of the Indian contingent before departure with the players sporting customised PPE kits for travel amid the COVID-19 pandemic.
Skyroot Aerospace has become the first private company in India to give wings to the Indian space programme, after the sector was opened to private players by the Centre in 2020.
The Army signed a $20-million deal with the Infosys-backed drone maker recently.
