The existing double taxation avoidance agreements will not be covered by the proposed change, implying that in order to tax Facebook, Google and the like, India will require to renegotiate tax treaties.
In most cases, the payback on energy saving projects offered by GIBSS are between one and three years.
Given the concerns around trade wars that threaten to jeopardise global capital flows as well, attracting foreign capital needs to be a policy priority, says Neelkanth Mishra.
Kavitha Kuruganti has been fighting for decades to ensure farmers are respected and get their due from the Indian nation. In order to ensure they don't struggle for a living, she works to ensure sustainable farm livelihoods and farmers' rights.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
67 companies with total debt of Rs 5.65 lakh cr were either loss-making or didn't generate enough profit to cover interest cost in FY15
An inspired Matteo Darmian scored his first goal for Manchester United and set up another as Louis van Gaal's side kept alive their hopes of a top-four finish with a 2-0 home win over Crystal Palace on Wednesday.
'We need more universal films like Dangal, Sultan or Padmavat that work across single screens and multiplexes.'
France overwhelmed Croatia 4-2 in the World Cup final at Moscow's Luzhniki stadium on Sunday to lift the trophy for the second time in 20 years.
The big story is that IntraSoft is a remarkable proxy of the American e-commerce market.
A round-up of Saturday's Euro 2020 qualification matches.
'Customer expectation and need was quite limited when we started in 2013.' 'Now the expectation is little more and a lot of hard work is needed again.'
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
Relaxation of restrictions on Internet access and content has helped India register the biggest improvement in Internet freedom this year compared to its global counterparts, a report said.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
With climate change impacts worsening and affecting the poor and most vulnerable, governments urgently need to scale up adaptation
'The situation is so bad that they are now sleeping on bridges or footpaths.' 'Therefore, they want to go and die before their parents or wife in case they get infected with COVID-19.' 'Workers don't want to die a dog's death in cities.'
A delicate stoppage time winner from Wang Lisi lifted China to a 1-0 victory.
Pawan Verma contended that PSU banks are influenced to give loans to the people who are not able to repay them.
'The only way to minimise logical inconsistencies and confusion is to develop the two rates of 12% and 18% as the ones that apply to almost all items.' 'At a later stage, these two rates could be merged into a single rate,' advises T N Ninan.
Out-of-form opener Shikhar Dhawan's place in the team will be one of the main discussion points when the Indian team management zeroes in on the playing eleven for the ICC World Cup match against arch rivals Pakistan in Adelaide on Sunday.
Sustained growth only if domestic manufacturing rises
Traders are waiting for the earnings season to kick off.
'Modi has given India its 'lost half-decade'. Elect him again and by 2024 it will be a lost decade'
India builds up record FX after Fed hints rate hike in future.
'The financial sector will be hit even harder than the overall market.' 'The banking sector will eventually be rescued.' 'But it may go into a long downwards spiral before things turn around.' 'Threat or buying opportunity?' asks Devangshu Datta.
In addition to the attack helicopters, the contract also includes fire control radars; Hellfire Longbow missiles; stinger Block I-92H missiles; night vision sensors and inertial navigation systems.
Summary of sports events and persons who made news on Saturday.
The fifth-seeded Ukrainian reached her second straight Grand Slam semi-final after also making the last four at Wimbledon in July.
Tax department sends notices saying they are liable to pay MAT.
A vigilance department insider-turned-online journalist, busy taking on the establishment, comes to fore with the 2G tapes
Some of the players in the GST race are Payworld, Dell, Tally Solutions
India must reckon with the possibility that it will struggle to attract higher overseas investment.
The company posted quarterly revenue of $50.6 billion.
Surat houses more than 650,000 powerlooms. Of this, at least 60 per cent have been shut since a month, a loss of Rs 900 crore, finds out Vinay Umarji.
Foreign exchange reserves of the oil producers have increased by $1.1 trillion over the past decade.
India perhaps is the only market in the world where full-service and low-cost fares have become one.
'Global investors expect the rupee to be more vulnerable in the downturns in the future than ever before,' notes Apoorva Javadekar.
'The entire government-owned banking system (excluding SBI) is now in the red.' 'But worse is to come,' warns T N Ninan.
The Budget will obviously be crucial. But US President Donald Trump may have even more of an influence than Finance Minister Arun Jaitley when it comes to sentiment, argues Devangshu Datta.
