The regulations will only apply to the share purchases that have been done after October 1, 2004
Experts say only three per cent individuals pay taxes.
A host of companies have been lined up by the disinvestment department as candidates for stake sale.
Reason for rejection hasn't been stated; deal among seven rejected transactions.
Should India engage Pakistan's generals directly, bypassing Imran? Ambassador G Parthasarathy, India's former high commissioner to Pakistan, ponders Delhi's diplomatic dilemma.
China on Monday said Defence Minister A K Antony's visit Beijing has given both countries an opportunity to enhance their "strategic cooperative partnership" and jointly maintain peace and tranquillity in the border areas through increased military-to-military coordination.
The chances of the posts opening remain slim, with security agencies recently identifying 10 suspects who smuggled in weapons, narcotics and fake currency.
'Expectations were being built up about radical moves and the action plan did not disappoint.'
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
The move is likely to hit Bharti-Walmart, the 50:50 joint venture between the US' Walmart and Sunil Mittal-led Bharti Group that operates cash-and-carry outlets in India, the most.
Support from the committee gives Xi an indefinite extension on the reins of power, which will surely result in hawkish and insular policies. It does not bode well for relations with the USA, or with anyone else who does not bow the knee to Beijing, for that matter.
Embraer cannot escape Indian laws just because it has struck a settlement with American authorities, Parrikar said.
'It's a very tough situation. We're talking to India. We're talking to China. They've got a big problem there'
In the past, several other Indian nationals have been named in such notifications after the Swiss FTA was approached by Indian authorities for information about those people with regard to the pending tax-related probes against them.
Infosys new chief executive officer and managing director Vishal Sikka took charge of the company in August.
'Education is disconnected from social reality and does not even attempt to solve the real problems of our country,' observe Peehu Pardeshi and Sandeep Pandey.
The scrutiny is expected to be over this month itself.
Armed with fresh powers to conduct search and seizure operations and attach properties and bank accounts, the Securities and Exchange Board of India (Sebi) is going all out to use these effectively.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
'The Modi government would chaff at the very idea of holding talks with Pakistan, facilitated by Washington and under close US monitoring, when the 2019 poll is sailing into view.' 'But in politics and diplomacy, there may be moments when drinking from the chalice of poison is necessary,' says Ambassador M K Bhadrakumar.
A government panel on Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.
Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
Financial shares were among the top Sensex gainers along with auto and pharma shares.
While the FIPB has sought more transparency on whether the rules concerning effective control would be followed once the deal fructifies, the Finance Ministry has also written to Sebi for a report on the Jet-Etihad deal, official sources said Wednesday.
Finance Minister Arun Jaitley on Friday said Switzerland has agreed to share information on Indians having illicit money in Swiss banks on independent evidence provided in each case to the Alpine nation.
DFS writes to departments that haven't responded to RBI's request for information.
The HC's direction came on Qureshi's plea in which he sought a restraint on the ED from arresting or taking any coercive action once he joins the investigation.
Moily walked from his residence at 3, Tughlak Lane, to the Race Course Metro Station, where he boarded a Yellow Line train and alighted two stops later at the Central Secretariat station, a short walk from Shastri Bhawan, the seat of the Oil Ministry.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
A stream of people, including those from Rajasthan and Karnataka, walked into the only designated office before the closure of the one-time compliance window.
Delhi finds itself between the rock and hard place in the coming Sri Lankan election, points out Ambassador M K Bhadrakumar.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
Does IAS officers' work go unappreciated, asks Ajit Balakrishnan.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Sentiment was hurt after market regulator Sebi directed bourses to initiate action against 331 suspected shell companies.
Nike has been present in India since 1996.
635 declarations of illegal wealth were made in the 3-month compliance window.
Cairn Energy of UK is seeking compensation from the Government of India.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
The company owns 12 of 45 facilities it has in India and around 75 per cent of its global headcount of 2,44,300 is based in the country
