The finance ministry has said that the Goods and Services Tax will not apply on room rents of 'sarais' (inns) or properties managed by religious and charitable institutions. The clarification was issued by the Central Board of Indirect Taxes and Customs (CBIC) on Thursday evening to clear the confusion with regard to the levy of GST on room rents. This clarification by the Finance Ministry came following a demand from various quarters including AAP MP Raghav Chadha that the GST on rooms rented by religious institutions be withdrawn.
Silver, which is currently trading at Rs 68,453 per kilogram, has appreciated 21.7 per cent over the past three months. Investors, however, shouldn't get carried away by its recent performance and put their money in it. Instead, they should evaluate its pros and cons and then take a considered decision based on their risk appetite.
A Delhi court dismissed the bail pleas of the four friends of murdered NRI student Anmol Sarna who were arrested in connection with the case.
Palanivel Thiaga Rajan was on the hit-list, not because the chief minister was unhappy with his performance, but because there were constant complaints from other ministers that he was sitting on their files far too long, observes N Sathiya Moorthy.
The youngsters in Mismatched look like angels. There are no bullies, no mean girl cliques -- they are all a mostly cheerful, helpful, clean-cut lot, for whom kissing and mild swearing is about as naughty as they dare, observes Deepa Gahlot. Mismatched Season 2 Review
Aamir Khan, Madhuri Dixit Nene and Akshay Kumar headline OTT offerings this week. Plus, you'll find aliens, spirits, serial killers... Sukanya Verma lists them out.
Joint Director Ramnish Geer, who led the probe in cases like housing scam allegedly involving the then Union minister Sheila Kaul, Naval war room leak case, kidnapping of an NRI businessman and his release besides other high profile anti-corruption cases, received the coveted President's Police Medal for Distinguished Service.
There's no love like the love for a sibling, and Bollywood sure does agree, says Sukanya Verma.
There's no love like the love for a sibling, and Bollywood sure does agree, says Sukanya Verma.
The draft law also allows courts to send summonses and warrants to the accused through a specially designated website to be hosted by the Ministry of External Affairs.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Madhuri Dixit's brief seems to have been to look glamorous, which she does, while others struggle to hold the film together, observes Deepa Gahlot, Maja Ma Review.
The family of Indian-origin man Avtar Singh Kolar and his English wife have described them as the "sweetest and kindest people" as the British police said they were following "a number of lines of inquiry" into their murders.
Should we not stop uncritically celebrating NRIs' elevation without regard to what kind of companies they are getting to run, and the nature of their products or business practices, asks T N Ninan.
One cannot open a savings bank account, have a fixed deposit or a public provident fund.
Kolkata's Shrachi group has joined hands with two non-resident Indians for a housing complex exclusively for NRIs and their parents living in India.
Samajwadi Party patriarch Mulayam Singh Yadav is among six personalities chosen for this year's Padma Vibhushan.
Abbasi had attacked two police constables with a sharp-edged weapon at a gate of the famed Gorakhnath temple and tried to barge into the premises on Sunday evening before he was overpowered.
Sandip Roy recounts his first gymming experience in India.
What a Wednesday was like in Bollywood.
The Covid-19 pandemic has forced a whopping 8.7 lakh expatriates from Kerala to return home, most of them from the Gulf, since last May, with a majority of 5.67 lakh citing job loss as the reason for it, according to official data.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Amit Gupta, MD, Sag Infotech, answers your personal income tax queries.
Despite its recent underperformance, gold must be a part of your portfolio.
This year, eight eminent individuals are being given Padma Bhushan and 54 are being conferred with Padma Shri awards, besides the two Padma Vibhushan recipents.
'The time has come to incorporate Indian sociology into economic policy.' 'The first step in that direction would be to listen to economists trained in India and not just the US and the UK, argues T C A Srinivasa-Raghavan.
Remittances growth is muted due to "structural" reasons which will hamper consumption demand locally, a report said on Thursday. "...the muted external remittances growth is more of a structural issue than transitory," India Ratings and Research said in its note. India has been the largest recipient of remittances from its diaspora spread all across the world and received over $70 billion inflows last year. The agency argued that flows had started to moderate even before the COVID-19 pandemic outbreak, pointing out that as a percentage of gross disposable income, the share of remittances fell to 2.5 per cent in FY19 as against 3.5 per cent in FY10.
ICICI Venture denied the allegations, noting it had extended the lifespan of the Dynamic India Fund III by three years
'NRI interest has gone up in the past three-four years.'
India is exploring the possibility of investment by Non-Resident Indians in some infrastructure projects of the country, S K Krishna Kumar, Secretary, Ministry of Overseas Indian Affairs said in Washington on Thursday.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
Banking laws for NRIs allow for the following deposit schemes, or simply put, accounts with authorized dealers -- banks and financial institutions authorized by Reserve Bank of India to deal in foreign exchange -- to be maintained in Indian rupees and in foreign currency.
'Asian Lite', a Manchester-based fortnightly focussing on British Asian events and issues, has won the top prize in the newspaper category in the How-Do Awards that celebrate the best in the media industry in the north of England.
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