While an import duty is ruled out, a small excise duty on jewellery manufacturing can be on the cards.
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming
The system has gone through three rounds of testing for its load-bearing capacity.
Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
Electricity has also been kept out of the GST ambit.
A court ruled in favour of Vodafone on Friday in a long-running dispute with the Indian taxman, a boost for the British telecom group whose tax battles have been seen as emblematic of the troubles facing foreign investors in India.
The major reason for the policy confusion over e-vehicles is the lack of conviction within government about the utility of this disruptive technology and its role in India's larger Paris Agreement climate change commitments.
Economy grew at 7.9 per cent in the fourth quarter of 2015-16 taking the overall GDP growth to a five-year high of 7.6 per cent in the fiscal, mainly on account of good performance of manufacturing sector.
Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.
Make no mistake, Reliance's entry into Indian e-commerce cannot be taken lightly. It is akin to a combine of AT&T and Wal-Mart challenging Amazon on its home turf, says Shailesh Dobhal.
With recent rate cuts, November collections could be even less
Documents such as PAN card, Aadhaar card, I-T return papers, which are used for KYC, can get leaked from a number of sources. Other prominent sources are the direct sales agents and photocopy shops, say Sanjay Kumar Singh.
The GST Council's agenda includes trimming the number of items in the 28 per cent slab by 75 per cent, easier compliance for assessees and small taxpayers, and a presentation on bringing real estate under GST.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Recently, there has been a mushrooming of international apparel retailers.
Common items between Centre and states - bread, eggs, milk, vegetables, cereals, books and salt - will continue to be exempted.
Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.
Industrial production in May slowed to 2.7 per cent from 5.6 per cent a year ago, dragged down by manufacturing, strengthening the case for an RBI rate cut.
With 1.35 billion users of its Internet social network, Facebook Inc would rank as the world's second-most populous nation if it were a country.
Calculate the tax already paid via TDS, and accordingly arrive at your tax liability for the year.
Women are opting out of high-flying career due to family responsibilities, says a study.
Unless they have capital gains or assets abroad, most individuals will need to file ITR-1 or ITR-2A.
Aerated drinks, mineral water, travel packages, coaching classes and beauty parlour services might also cost more
The new return forms also make life easier for expatriates.
The move would help tax authorities get leads on evasion.
You can electronically verify returns and regularise these by August 31.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Businesses are still taking time to adjust in the new tax regime, which would weigh on growth rates for the financial year closing today.
The onus to explain that the gold jewellery was inherited or bought from known sources of income would be on the owner.
It is not advisable to touch retirement corpus if property is being purchased for investment.
Amid persistent fear of prosecution and penalty, people across income classes are looking for ways to do away with stacks of higher denomination currency.
The Tata Group had acquired its UK steel operations as part of a 6.7 billion pounds acquisition from Anglo-Dutch steelmaker Corus in 2009.
After the Union comptroller and auditor-general saying there'd been a loss of Rs 10.67 lakh crore in allotment of coal blocks, the draft Request For Proposal (RFP) for new allocations has strong clauses for cancellation for breaches on this count.
Once the income has been classified as either business income or capital gains, be consistent.
The tax imposed on buyback of shares and employee stock options is different in case of listed and unlisted companies, says Sudipto Dey
Withdrawals from EPF and NPS to have same tax rates.
In India to take part in a board meeting, Martin Sorrell, chief executive officer of WPP, spoke to Alokananda Chakraborty on a wide range of subjects.
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
Grosvenor House hotel was put on sale by its lender Bank of China earlier this year after a 'technical default'
Budget may bring exemption for those backed by Indian securities other than shares
