The government's second round of stimulus will spur consumer spending in the near term but support to economic growth will be minimal, Moody's Investors Service said.
This is, say tax experts, the first time that a car race circuit has been held to be the permanent establishment of an assessee.
Assuming that demonetisation had not happened, the value of notes in circulation this year could have increased to Rs 19.3 lakh crore. But what we have, instead, by the end of August is a 20 per cent lower figure for currency notes in circulation, says A K Bhattacharya.
'From the investor's point of view, a real change would happen only when business environment in all our states qualitatively improves,' says NITI Aayog Vice-Chairman Rajiv Kumar.
Three leading international news agencies are set to boycott this week's first cricket Test match between Australia and Sri Lanka after organisers demanded payment for the right to distribute photographs from the event.
A panel report would give a policy direction to tax officers on applicability of MAT on FIIs.
Rajbir Singh, a controversial Delhi Police 'encounter' specialist with over 50 kills to his credit, was shot dead on Monday night in neighbouring Gurgaon allegedly by a property dealer over a dispute on "investments" he had made with the realtor. The 48-year-old assistant commissioner, whose career had its share of both glory and controversy, was gunned down at the office of the real estate agent Vijay Bhardwaj after an altercation over payment of money in a property deal.
But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.
'If your loan application gets turned down by one bank, do not apply immediately to several others.' 'This makes you appear credit hungry and possibly in some form of financial distress.' 'Multiple enquiries affect your credit score adversely,' advises Mohan Jayaraman.
Reuters, Associated Press and Agence France-Presse said the decision by Cricket Australia to control the rights and demand a payment threatened their integrity.
The high court court on Thursday accepted Nokia's appeal to release its local factory after its seizure by authorities in a tax dispute, removing a hurdle for the sale of the company's mobile phone business to Microsoft.
The threat of West Indies being forced to field a second string side at the World Twenty20 was averted on Sunday when 12 of 13 players in the original squad signed the contracts which had caused a standoff with the board.
Congestion level is rising with surging mobile subscriber base resulting in loss of calls and poor quality of service, but the Telecom Regulatory Authority of India says it cannot issue show cause over this lapse as the matter is subjudice.
Royalty terms with Danone for brand on the cards.
Arguing that the Bharatiya Janata Party did not accept his offer for "land" at a place "other than the disputed site" for building the Ram temple, SP supremo Mulayam Singh Yadav accused the saffron party of using the temple issue for electoral gains.
SpiceJet board is likely to pass a resolution within three days after the court order.
Last week, RIL and urea companies failed to settle the key terms of gas supply from April 1 upon expiry of the five-year contracts that priced gas from the eastern offshore KG-D6 fields at $4.205 per million British thermal units.
Supreme Court had asked the government to issue RCom a NoC for spectrum sale to Reliance Jio Infocomm by December 9 if it furnishes a corporate guarantee of Rs 1,400 crore
Be cautious when purchasing from little-known Web sites.
Delays in returning money for disputed transactions have also come under RBI's scanner.
Indian and Finnish finance ministry officials on Tuesday discussed Nokia's Rs 21,153 crore (Rs 211.53 billion) tax dispute case and reviewed the double taxation avoidance agreement.
The SC on Monday deferred by two weeks the hearing on state-run BSNL's appeal against the order of a tribunal bench that asked it to pay interest to BPL Mobile Cellular for delaying payments toward calls made to the private company's network.
Regardless of how the stalemate ends, the government needs to learn that regardless of its parliamentary strength it cannot take people for granted. A little bit of humility would do it a lot of good, recommends Virendra Kapoor.
Justice Misra, 63, has been a part of several key verdicts.
Reliance Infocomm violated the licence conditions by evading levy through illegally routing international calls as local ones, the government on Monday told the telecom tribunal.
The criminal case was registered by the Mumbai zonal office of the agency after it got reports in this regard from the Sebi.
The amount is penalty charged on the Mukesh Ambani-led company for failing to develop the C-66 plot in G Block, named as One BKC.
Cairn Energy of UK is seeking compensation from the Government of India.
Jet Airways Chairman Naresh Goyal said this price represents a 40 per cent discount to the originally agreed price.
'It is not the duty of government to protect minority religions or promote it.'
Disfavouring 'blunt' steps like search and seizures, Finance Minister P Chidambaram on Wednesday invited 582 top corporates to avail a single-window tax payment facility
Rejecting UTI's contention that there was no deficiency of service or negligence on its part, the court agreed with the District Consumer Forum rulings that UTI was bound to pay the amount to the unit-holders.
Gujarat has topped with a score of 71.14% on ease of doing business list.
Rohit makes his way back into Test squad for Sri Lanka series
With auditing under the scanner and two of the Big Four firms stopping non-audit services for audit clients, auditors will now be subjected to a more stringent standard of reporting.
The Centre said that the arbitration under United Nation Convention on the Law of Sea (UNCLOS), which was instituted on a request from the Republic of Italy has delivered its Award on May 21, 2020.
While government/PSU procedures focus on piece meal & individual tenders taken on standalone basis, avoiding delays and cost of not doing things becomes a primary consideration in PSC procurement
News of all that's transpired on and off the football field
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