Analysts expect the Reserve bank to cut rates in next monetary policy.
The ruling mean FPIs cannot seek treaty protection against the new withholding tax that companies are required to deduct at source. The apex court order pertains to when the cricketing bodies of Pakistan, India, and Sri Lanka formed a joint committee to conduct the 1996 Cricket World Cup.
Investigations against black money holders in Swiss bank accounts, known as the HSBC list, have been put on a fast-track as the CBDT has asked tax sleuths to quickly gather all foreign-based evidences in these cases and render final action by March-end.
These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Several of these persons and their companies are said to be based in Kolkata, Gujarat, Bengaluru, Delhi and Mumbai.
Despite the chastening defeat, Root said they were still in the series.
The Finance Ministry further said decision on seven FDI proposals has been deferred.
The Directorate General of Hydrocarbons (DGH) had recommended to the ministry that RIL be asked to give up 86% of its KG-D6 gas block area
The income tax department is asked to keep names of blackmoney holders under wraps.
Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to have claimed 200-300 jobs so far mainly in areas like administration, legal, and procurement.
Positive cues from the global market front aided the rally.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.
Fraudulent emails exhorting people to deposit cash for reward are on the rise.
While the US government did not reveal the nationality of the arrested people, names released by authorities indicate that 10 of them are either Indians or of Indian-origin.
Air India had stopped the practice of issuing tickets on credit to government agencies for the travel of their officials in December last year because of accruing pending bills.
India has joined global efforts to combat global tax evasion.
The agency said it searched a Mumbai-based operator who was running 700 shell companies with 20 dummy directors and had "converted Rs 46.7 crore for Chaggan Bhujbal", the jailed ex-Maharashtra deputy chief minister.
The output has seen a decline due to the ban in Karnataka and Goa.
'The scheduling of Imran Khan's visit to Beijing and its focus on the J&K situation underscores that Beijing shares the Pakistani concern that tensions with India are only going to escalate further in the period ahead,' says Ambassador M K Bhadrakumar.
The Britain's ruling party is suffering a leadership challenge with Brexit Secretary David Davis and Foreign Secretary Boris Johnson dramatically resigning over their inability to support the terms and conditions drawn up to exit the European Union.
The conspiracy with which Patel and Mohta are charged carries a maximum potential penalty of five years in prison and a $250,000 fine.
Gokhale and Pompeo expressed satisfaction over the significant progress and the quality of the India-US Strategic Partnership
Tillerson said that he believed that the US has a partner in Pakistan.
As soon as the House met, AIADMK MPs trooped into the Well shouting slogans and demanded action from the government.
The company has not been able to sell its 9.8% stake in Cairn India
Foreign Trade Policy: More incentives for exports, focus on ease of trading
Despite the recent imposition of import rule and high duties, the yellow metal continues to attract buyers.
Jaishankar said that the resolution on Kashmir introduced by Jayapal in the House is not a fair characterisation of the situation in J-K. And also said that he has no interest in meeting the Congresswoman.
Other measures being considered include relatively stringent KYC norms and a separate standard operating procedure for approval, renewal, and fresh investment from India's neighbouring countries.
Everything you need to know about the three properties belonging to Dawood Ibrahim, which were auctioned on Tuesday.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
The I-T department has also filed 77 prosecution cases.
Foreign students knowingly enrolled in the fake school to falsely maintain their student visa status and remain in the US, according to prosecutors.
Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.
Earlier, while presenting the Budget on February 1, Finance Minister Arun Jaitley had proposed to cap cash transactions at Rs 300,000 with effect from April 1.
Foreign direct investment (FDI) in India has declined by six per cent to $5.47 billion during January-March quarter of the current calender year even as government is making efforts to promote the country as an investment destination.
'India's preference today seems to be to exploit the deepening chill in relations with China to breathe new life into its meandering partnership with the US,' argues Ambassador M K Bhadrakumar.
Janne-Mette Johansson, a Norwegian national on a tourist visa, came under the scanner of Bureau of Immigration authorities over her suspected participation in an anti- Citizenship Amendment Act protest in the Kochi three days ago.
Exporters can make payment of fees through debit/credit cards.
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