The board would take a decision on these applications on February 20.
The transformational reforms like GST, Bankruptcy Code and recapitalisation of banks, Black Money Act, demonetisation, flexible inflation targeting and adoption of fiscal discipline (FRBMA), etc, have temporarily and purposefully pulled us back only to propel us forward with greater velocity, Rajiv Memani.
The decision regarding this was taken by the Board of Approval in its meeting on September 18.
UBS reiterated its Nifty target of 9,200 by December as it expects growth to gather steam
Worries remain on earnings-valuations mismatch, global issues; resolution of the MAT row could be biggest positive trigger
Companies in China, South Korea and Indonesia pay 25 per cent tax, while those in Malaysia pay 24 per cent. Only Japan has a higher tax than India at 30.6 per cent. Hong Kong has the lowest corporate tax rate of 16.5 per cent while Singapore has 17 per cent rate and Thailand and Vietnam levy 20 per cent tax on companies.
The government announced several incentives in the five-year Foreign Trade Policy.
This would be a practical way of bringing a huge sum of money.
The government appears serious about its intent to do away with the sore points in the taxation laws.
As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.
The GIFT City management is in talks with Hong Kong, London, and Singapore arbitration centres
Financial shares were among the top Sensex gainers along with auto and pharma shares.
Minimum taxes on foreign portfolio investors have been removed.
'Tax cuts will have only marginal effects in the short run and significant positive effects in the medium term,' says Shankar Acharya, former chief economic adviser to the Government of India.
Ranbaxy Laboratories on Wednesday reported widening of its consolidated net loss to Rs 1,029.72 crore (Rs 10.29 billion) for the third quarter ended December 31, 2014
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
Market experts believe the retreat is because of uncertainty.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
On Wednesday, FIIs sold shares worth Rs 1,573 crore.
It is welcome that the government tried to make its intentions clear last week - especially as risk concerns return to global markets.
The RBI holds its next policy meeting in early June.
This finance minister has come of age. That's not condescension. It is a praise, says Omkar Goswami.
Markets and blue chip stocks may see a downward correction in short-to-medium term.
This time, the global appetite for risk is in favour of India.
Santosh Kamath, partner (infrastructure and government services), KPMG in India, expects an extension of a tax holiday for the sector.
The plan is to de-notify the entire SEZ.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
Here are 15 things that would have made 2015 a great year.
Once again, tax demands on foreign investors cause worry.
Analysts question negative net worth because of dividend payout ahead of IPO.
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
India's tax officials, long the scourge of foreign investors, are under government pressure to avoid aggressive claims against overseas funds.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
The Modi government has ambitious plas to achieve 10% growth, but there is no assessment of how much money is needed for the whole package of measures, and where it will come from. In short, there is no plan for how to get from here to there, points out T N Ninan.
Dalal Street is bullish on invest
Indian market has been plagued by negative sentiment and triggers
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
Sebi had last year put in place a separate regulatory regime for REITs.
Arun Jaitley said he would put the DTC Bill in cold storage.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances