'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
'The original provision will be restored. AMT is meant only for those claiming deductions, not for firms earning regular income like capital gains,' a senior government official said.
By changing the nation's name from India to Bharat, would this landmass overnight lose the emotional and cultural linkage that had been built over generations, centuries and millennia, asks N Sathiya Moorthy.
Sri Lanka must address the issue of reconciliation with the Tamil minority in the country with "a sense of urgency", Leader of Opposition in Lok Sabha Sushma Swaraj said in Colombo on Saturday. Swaraj, who is leading a 12-member Indian parliamentary delegation, said she had told Sri Lankan President Mahinda Rajapaksa that the current stalemate and the deadlock on the talks with the Tamil National Alliance over the parliamentary select committee process must be broken.
Sri Lanka must address the issue of reconciliation with the Tamil minority in the country with "a sense of urgency", Leader of Opposition in Lok Sabha Sushma Swaraj said in Colombo on Saturday.
Meanwhile, a three-member committee appointed to probe the attacks that killed 258 people, including 11 Indians, on Monday submitted its final report to President Maithripala Sirisena.
Sri Lanka's Minister for Economic Development, Basil Rajapakse's visit to New Delhi on Thursday for what is described as "regular high level consultations" comes shortly before a scheduled meeting of a Parliamentary Select Committee for Constitutional Amendments on July 9.
She resigned soon after her husband and SAD president Sukhbir Singh Badal strongly opposed the bills in Lok Sabha on Thursday night, claiming these proposed legislations will "destroy" the agriculture sector in Punjab, and announced that Harsimrat Kaur Badal will quit the government in protest against these three bills.
The Bharatiya Janata Party and Congress were at loggerheads on Wednesday over the government's move to appoint a jurist to Lokpal selection panel with the main opposition approaching President Pranab Mukherjee to press its demand for a consensus on such an issue.
Rejecting the demand for referring Insurance Bill to a Select Committee, the government on Thursday said the Congress was 'stonewalling' the key reform measure to deny credit to Prime Minister Narendra Modi before he goes to the United States.
The insurance Bill seeks to increase the cap on shareholding of foreign investors
Shah defended the government for not filing an appeal against the acquittal of all four accused, including the radical right-wing's Swami Aseemanand, in the 2007 Samjhauta Express blasts case.
Prime Minister Narendra Modi on Friday said his government has within 100 days in office steered the economy out of a "difficult situation" and brought stability, and promised to remove roadblocks to foreign investment.
The bill was passed with 165 voting in favour and 7 against it.
India played an instrumental role in ensuring the holding of polls in Sri Lanka's Tamil-dominated Northern Province and it must now assist in rebuilding the war-ravaged region, newly elected Chief Minister C V Wigneswaran said on Tuesday
Sebastian Coe chairs a meeting of world athletics on Friday to discuss suspending Russia over allegations of state sponsored doping of its athletes, a crisis that has put his leadership under the spotlight barely three months into the job.
Reflecting a thaw in their relations with Anna Hazare, a team of Aam Aadmi Party on Thursday called on the Gandhian whose indefinite fast entered its third day and vowed to continue lending support to his fight for an effective Jan Lokpal.
After much delay, the landmark Lokpal Bill was on Tuesday passed by the Rajya Sabha, marking a step closer to enactment of a new law under which an anti-corruption ombudsman would be set up.
Voicing concern over the fate of the 13th Amendment to Sri Lankan Constitution that agreed to devolve some authority to provinces, Tamil Nadu Chief Minister Jayalalithaa on Sunday called for a "bold stand" by India, saying it cannot remain a "passive bystander."
Trinamool leaders have claimed the NRC process and subsequent verification is vote bank politics. Other critics call it as modified ethnic cleansing. But putting poll rhetoric aside, the issue dates back to a time when many of these leaders had no political relevance.
There is much work to be done to design a good GST.
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
The decision of the Union Cabinet based on the Group of Ministers recommendations only creates an illusion by removing the political executive and creating a proxy institution instead, says Arun Jaitley
The decision of the Union Cabinet based on the Group of Ministers recommendations only creates an illusion by removing the political executive and creating a proxy institution instead, says Arun Jaitley
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