Recent easing of restrictions does not address the pain in the sector.
At present, 70% of the mobile handsets sold in India are imported.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
The Constitution should not encumber these choices, specially limiting them to second-best or third-grade options.
With the help of technology and a billion citizens, two engineering students are on a mission to make India clean.
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
As football fans arrive to watch Euro 2016, France's trade unions have undertaken a series of strikes to provoke a make-or-break situation. Claude Arpi encounters both Gallic beauty and ugliness in the country of his birth.
The GST bill's draft says tax would be levied on Maximum Retail Price
Parents always want to give the best to their children.
'A broad-based revival of private sector investment was likely in 2018-19 after businesses had successfully made the switch to the GST.'
Is it just the glamour?
It will bring down the cost of a second house because of tax benefits and price appreciation
India Inc is facing threat from non-traditional sources.
The states have unanimously pitched for sole administrative powers to carry out assessment, scrutiny and enforcement for entities up to an annual turnover of Rs 1.5 crore.
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
The Centre and states are likely to settle for this threshold.
Has the rail ministry taken care to draw up a transparent framework?
Aimed at creating a single tax for goods and services across the country, government on Friday introduced the long-pending GST Bill in the Lok Sabha for roll-out of the new regime from April 2016 subsuming various levies like entry tax and octroi.
Unlike Income Tax, service tax is not charged automatically.
Taxpayers might face several issues while filing returns this year.
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets
It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
Despite the equity booster, many would be uncomfortable about NPS.
Goods like chocolates, chewing gum, shampoo, deodorant, shoe polish, detergents, nutrition drinks and marble will now attract 18% GST>
In 2013, the government awarded less than 1,500 km of road projects under the EPC mode after it found no takers for PPP projects.
Festive season is the mainstay of most brick and mortar retail chains.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
It is high time old boys' clubs inside many large corporations come under serious scrutiny for protecting one of their own.
India must first improve working condition, then it can concentrate on Make in India concept.
Whether India can create labour-intensive factory jobs instead that it needs to put millions to work in the next few years looks very unlikely.
With cyber criminals becoming savvier by the day, learning how to safeguard yourself is imperative.
As per Indian tax laws, bonus in kind paid to the employees could be considered as salary income in the hands of the employees.
After retirement, the pressure on finances increases in the absence of regular income. Here are a few suggestions to ensure a smooth post-retirement life
However, worries on inadequate import and issues for the FTA pacts.
APAs are part of govt's aim to move to a non-adversarial tax regime.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
Many exemptions make little sense, such as a monthly exemption of Rs 100 for college education and Rs 300 for hostel fees.
Move to address MNCs' taxation woes; UK likely to be the next.
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