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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......

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......

Post Covid, 2-wheeler EV firms see steady growth

EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand. IMAGE: Union Transport Minister Nitin Gadkari and NITI Aayog CEO......

From the brink to recovery, India's retail sector pins hope on 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar......

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......

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......

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......

Women's PGA: Aditi tied-12th alongside Lydia Ko, Michelle Wi

IMAGE: India’s Aditi Ashok reacts. Photograph: Andrew Boyers /Reuters A second successive two-under 69 in the year's second Major has put Indian youngster Aditi Ashok in a great position to......
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KPMG in India appoints Sunit Sinha as Partner and Head of People, Performance and Culture

In this role, Sinha will lead KPMG in India’s human resources function which comprises talent management and strategy, driving the people culture... ...

https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/kpmg-india-appoints-sunit-sinha-as-partner-and-head-of-people-performance-and-culture/articleshow/80229295.cms
What can the Budget do to direct and indirect taxes?

Finance Minister Nirmala Sitharaman will unveil the Union Budget for financial year 2021-22 on February 1. The Budget 2021 comes at a time when the... ...

https://economictimes.indiatimes.com/markets/stocks/news/what-can-the-budget-do-to-direct/indirect-taxes/budget-to-the-rescue/articleshow/80211449.cms
Post Covid, 2-wheeler EV firms see steady growth

EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand. IMAGE: Union... ...

http://www.rediff.com/money/report/post-covid-2-wheeler-ev-firms-see-steady-growth/20210111.htm
From the brink to recovery, India's retail sector pins hope on 2021

With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in... ...

http://www.rediff.com/money/report/yearend-indias-retail-sector-pins-hope-on-2021/20201229.htm
KPMG-FICCI report

Tamil Nadu has a once in a decade opportunity to grab its share of FDI and remain the leader in industrial development in India. This is an opportuni ...

https://www.thehindubusinessline.com/news/national/tn-has-a-once-in-a-decade-opportunity-to-attract-fdi-kpmg-ficci-report/article33387592.ece

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