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Share buyback tax was not warranted

Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take......

Kerala moves ahead with rebuilding exercise

Kerala government on Friday spelt out steps to raise funds to rebuild the state ravaged by floods, even as opposition United Democratic Front demanded a judicial probe into the......

The Triumph of English, and why it's good for our youth

'No other language can now take its place. English is the language of professional education, which gives you a passport to a bright future,' says T N Ninan.Illustration: Dominic Xavier/Rediff.com......

MFs, alternative investment funds may come under ambit of new tax norms

The Finance Act, 2020, has inserted a sub-section, mandating a seller to deduct tax equal to 0.1 per cent of sale proceeds if the value of goods sold exceeds Rs 50 lakh in a financial year.......

Vodafone verdict: What lies ahead for India's tax laws, investment pacts

There is considerable speculation as to whether this award would have any bearing on another Vodafone-type case, namely, the ongoing tax-related arbitration proceedings with Cairn Energy. The......

In India, taxes on cars are among the highest

Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%. In the goods and services tax (GST) regime, India levies one of the highest......

E-com cos fret over Madras HC ruling on GST refunds

The high court's order, which says refunds paid on service inputs can be restricted, runs contrary to Gujarat HC verdict and could complicate matters. Illustration: Dominic Xavier/Rediff.com......

Will drive-in theatres replace the multiplex?

PVR Cinemas is in the process of building one at the Jio Center in Bandra Kurla Complex. This theatre will be on the top of the mall and should be able to accommodate 300 cars, and is expected to......

Which films are coming up on OTT? Find out!

Prime was the first to grab streaming rights for seven titles for an estimated Rs 300 crore.Viveat Susan Pinto reports. IMAGE: Vidya Balan in and as Shakuntala Devi: Human Computer. Shoojit......

Gulabo Sitabo on Amazon: Producers earn Rs 20 crores profit

Gulabo Sitabo was made with a budget of Rs 40 crore to Rs 45 crore.Amazon Prime bought the streaming rights for Rs 60 crore to Rs 65 crore, helping the producers make over Rs 20 crore.Surajeet Das......

Lockdown effect: Rs 3,500 crores stuck in Hindi/Telugu/Tamil movies

'Maybe it's time for Plan B for the film industry.'T E Narasimhan reports. IMAGE: Cricket legend Kapil Dev with actor Ranveer Singh who plays him in Kabir Khan's film '83, which was to have......

Baahubali Effect changes how India makes movies

Several big budget movies, including one for Rs 300 crore on Karna and another Rs 1,000 crore movie based on Bhima, have been launched on the same model.T E Narasimhan reports. Additional inputs:......

Indian women golfers set to make history at LPGA event

Aditi, Diksha, Tvesa to play at Ladies Scottish Open. IMAGE: I have been waiting for this for long, says Diksha Dagar. Photograph: Tom Dulat/Getty Images In a first for Indian women's golf, three......

Football: 'Player value will fall by 18% post-COVID'

'The top 20 players - for example Kylian Mbappe, Mohamed Salah, Eden Hazard and Neymar - will see a value decline of 13%.' IMAGE: New signing Eden Hazard is unveiled by Real Madrid president......

Top 10 earning clubs in Deloitte 'Football Money League'

Real, Barca topple United off perch to become top earning clubs IMAGE: Real Madrid players celebrate with the trophy after defeating Liverpool 3-1 to win the UEFA Champions League final in May......

Sports shorts: Anand holds Carlsen; Atwal makes cut

Anand holds Carlsen to draw in Sinquefield Cup IMAGE: Viswanathan Anand in action. Photograph courtesy: Zurich Chess Classic Five-time world champion Viswanathan Anand played out his third draw......

Sports Shorts: Ramkumar makes Winnetka Challenger final

A summary of sports events and sports persons, who made news on Saturday IMAGE: India's Ramkumar Ramanathan. Photograph: Shashank Parade/PTI India's Ramkumar Ramanathan, who has blossomed......

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MFs, alternative investment funds may come under ambit of new tax norms

The Finance Act, 2020, has inserted a sub-section, mandating a seller to deduct tax equal to 0.1 per cent of sale proceeds if the value of goods... ...

http://www.rediff.com/money/report/mfs-may-come-under-ambit-of-new-tax-norms/20201028.htm

KPMG

Venture capital investment in India rose from $1.5 billion in the second quarter of this year to $3.6 billion in Q3 despite concerns related to... ...

https://www.daijiworld.com/news/newsDisplay.aspx?newsID=763765

As more auditors quit, D-Street sees reason to worry

The stock of UPL fell as much as 9% on Friday after KPMG resigned as the auditor of its material arm in Mauritius, though it was to re-organise the... ...

https://economictimes.indiatimes.com/markets/stocks/news/as-more-auditors-quit-street-sees-reason-to-worry/articleshow/78738408.cms

Fantasy sports in India gaining fast popularity on the back of IPL

The fantasy sports market is big business. In the US, it is a $7.8 billion market in 2020. In India, a FICCI-EY report said the online gaming... ...

https://economictimes.indiatimes.com/news/sports/fantasy-sports-in-india-gaining-fast-popularity-on-the-back-of-ipl/articleshow/78722078.cms

KPMG Survey

Indian CEOs less confident about economic growth after pandemic; 62% took salary cuts: KPMG Survey ...

https://www.firstpost.com/india/indian-ceos-less-confident-about-economic-growth-after-pandemic-62-took-salary-cuts-kpmg-survey-8889691.html

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