The recent ruling by the Authority of Advance Rulings making back-office services provided by a company to global firms taxable under GST, has sent shockwaves through the information technology and business process outsourcing industry.
The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.
Tearing into the claims of the United Progressive Alliance about its flagship employment generation programme MNREGA, BJP's prime ministerial candidate Narendra Modi on Tuesday alleged it had only "filled the pockets of Congress" and sought to debunk the much-touted RTI.
A group of six US lawmakers had recently introduced 'The US Call Center and Consumer Protection Act of 2013' in the Congress that requires overseas call centre employees to disclose their location to US consumers.
Armed with pricey degrees from colleges overseas, young Indians are heading back home in search for greener pastures.
The Rupee is seen weakening further against the dollar.
The variety of options combined with global student mix makes it an apt destination for international students.
India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.
'Since the growth is not fast enough to provide jobs for the young, the fallout will be political and social,' warns T N Ninan.
Hailing Prime Minister Narendra Modi's Make in India campaign and the emphasis on ease of doing business, India Inc today said the initiative mirrors the country's ambition to sprint ahead in the global manufacturing race, thereby creating jobs and boosting economic growth.
The services of three lab technicians of the blood bank attached to a government hospital at Sattur, near Virudhunagar, have been terminated,Health Minister C Vijayabaskar said Wednesday.
'Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco's $6-billion revenue, then on a consolidated basis, we will become the world's largest aluminium company outside China.'
Gold jewellery exports may decline by about 50 per cent in this financial year from last year after government restrictions reduced the availability of raw material, Gitanjali Gems Chairman and Managing Director Mehul Choksi said.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
The e-wallet, virtual cards are often used to play online games.
Dollar's strength against other currencies overseas capped the rupee's gain
In the World Bank's rankings on the "Ease of Doing Business" India stands at 139 out of 189 economies surveyed in 2014; its position has in fact dropped from 131 last year.
Don't worry about volatile, erratic cash flows, freelancers. Vishal Dhawan explains how you can invest and achieve your financial goals despite irregular income.
This barefoot pilgrimage home we're seeing all around us, and the way plenty of us have reacted to it, is not just a commentary on India, circa 2020. It also shames us forever, notes Dilip D'Souza.
The country's largest lender State Bank of India will get the largest sum of Rs 8,800 crore as government's capital infusion.
Dismayed by the BJP's decision to say no to FDI in multi-brand retail in its election manifesto, India Inc has urged the party to reconsider its stand, saying the move may send a wrong signal to overseas investors.
"When Modiji undertakes a trip abroad, thousands of Indians wait to welcome him and foreign nations are eager to do business with India," he added.
'I don't have to prove anything to anyone. What my ability is, I need to sharpen it. I don't have to show anyone what I can do. I need to challenge myself'
His blind faith in astrology took him down a tragic path that has now come to define his life.
The threshold for identification of BOs of FPIs on controlling ownership interest is 25 per cent in case of companies and 15 per cent in case of partnership firms
Indian automobile units are employing more and more robots to improve your car's efficiency. India is catching up well as world over, the latest technologies is redefining outdated manufacturing processes.
'What exists instead is a clear gap between skilled people and the work at hand.' 'Employers on most occasions find it difficult to find a match between the two,' Adi Godrej tells Viveat Susan Pinto and Niraj Bhatt.
Back of the envelope calculations put government expense on each of the new schemes promised by the DMK and the AIADMK at tens of thousands of crores. But then, neither party has said how they are going to also address the mounting debt burden either, says N Sathiya Moorthy.
Infosys has opened a new Sydney branch office to keep pace with business growth of more than 500 per cent in New South Wales over the past five years, the company said in a statement.
Forex dealers said besides increased selling of the American currency by exporters and banks, a higher opening in the domestic equity market and the dollar's weakness against other currencies overseas supported the rupee.
The political row over the Rafale deal intensified on Tuesday with the Congress and Bharatiya Janata Party trading barbs over it.
Amidst spiralling violence in Libya, India's mission in Tripoli on Monday advised all its nationals to leave the strife-torn country using all available means and not to travel to that country.
We need to make better efforts to align job training with the skills the market demands of its workers, especially as advancing technology changes the types of jobs available in our economy: Alexander Acosta.
Undergraduate courses indicatively cost S$23,000 to S$38,000, while postgraduate courses approximately cost S$15,000 to S$40,000.
'You will see more and more people working independently -- starting beauty parlours, driving cars, etc.' This is what we call the gig economy.' 'The same people who have been laid off in India or are unable to get visas to work in the US may be part of this gig economy.' 'India needs billions of jobs, and it can only be created by self-employment or the gig economy.'
As India gears up to honour its pravasis on January 9 to mark their contribution in the nation's development, rediff.com presents perspectives from eminent writers on the Diaspora. Kicking off the series is Ambassador T P Sreenivasan, who points out that the change of the Diaspora policy put in place by Rajiv Gandhi following the military coup in Fiji and his decision to stand by them, was the one defining moment in India's dealings with its overseas family.
'On a new kidney, her immune system still getting used to it, she took on the Pakistanis at the UN, held meetings with her counterparts from across the world, and presented a picture of incredible poise and dignity,' notes Shekhar Gupta.
If you were deputed abroad, filing income tax can be tricky.
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On March 14, the Supreme Court had ordered Nokia India to give Rs 3,500 crore (Rs 35 billion) as guarantee before it transfers the plant to Microsoft.
Despite presiding over scores of factories in what is today India's largest garment exporter with 105,000 employees, Ahuja is a modest man with much to be immodest about. He tells Rahul Jacob that the government needs a free trade agreement with Europe fast to ensure a level-playing field with Bangladesh and Vietnam.
