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.
If you receive an email claiming to be from the income tax department that there's an outstanding tax demand that you need to pay immediately, don't get alarmed. Get cautious.
The government should frame new policies to assure growth.
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.
With recent rate cuts, November collections could be even less
Here's a quick guide to navigating and ordering from global websites.
Even if you don't come in the filing bracket, it is the only way to claim refunds, get visa to some countries.
Sending money to families in India will get more expensive
Higher levy on dividends earned by individuals also on radar.
Only 300 assessees came forward with disputed tax liabilities amounting to Rs 10,000 crore
Flipkart intends to use the funds for building and strengthening its technology capabilities, bolstering the robust supply chain and developing the talent pool.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
The deal, part of the Jaypee Group's plan to cut Rs 60,000-crore debt, follows months of negotiations.
The time the companies have to get ready for GST is 6 to 12 months.
Will the warning shots from giants like Unilever and P&G break digital growth?
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
The recommendation, if implemented, is likely to face opposition from the government's key support base among Hindu traders and businesspersons.
With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
CBDT recently lowered threshold for this to Rs 8,333 a month. If you don't furnish this, a higher tax will be deducted at source from your income.
The ministry is likely to go by the recommendations of a committee on liberalising external commercial borrowings, headed by M S Sahoo, a former director with the Securities and Exchange Board of India.
You should rather use nicknames, incorrect date of birth and if possible make a separate e-mail address for such apps and services. You should also not share your phone number
If the government decides to go back to the old regime where the EPF was not taxed but the NPS was, the latter will become an unattractive product.
India has been ranked as the most attractive investment destination in the world for the next three years.
India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.
Penalties for undisclosed foreign income and assets extend up to 300%.
All shares held by SBI in the five associate banks will stand cancelled after merger.
The sportswear major has picked the activity to encourage a community around it in colleges.
The new ITR forms have shifted the entire onus on the taxpayers to prove their claim for deductions, expenses or exemptions.
The Indian Super League will be expanded to 10 teams this season with the organisers on Monday announcing two more franchises after a bidding process, with Bengaluru FC set to ply in the three-year-old ISL by leaving I-League.
The implementation of the GST will indeed be a landmark reform.
Construction costs would be reduced to some extent and this benefit can be passed on to the customers, thereby spurring home buying
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.
Netflix and Amazon Prime are raising their stakes in the game, commissioning original shows and going all out to acquire regional films for their libraries.
India has been able to attract 40 global smartphone makers to the country -- creating at least 50,000 jobs. But GST could hurt that, discovers Ayan Pramanik.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
'Hardly any aqua centres exist in India though they are popular abroad.' 'Water is known for its buoyancy which reduces pressure on joints. So, you can exercise effectively underwater, provided you have the right experts guiding you,' Harsh Mariwala tells Viveat Susan Pinto.
Theatres are finding innovative new ways to increase footfalls, discovers Vanita Kohli-Khandekar.
After the 2019 election, one thing is sure: GST will see a number of changes, explains Indivjal Dhasmana.
The GST will also be applicable on the non-compete amount given by an employer to an outgoing employee, report Indivjal Dhasmana and Sudipto Dey.
Govt steps up security to check criminals seeking bank details of taxpayers
