Under the amended treaty with Mauritius, for two years beginning April 1, 2017, capital gains tax will be imposed at 50 per cent of the prevailing domestic rate.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
About 90% of divorce cases end as a fight about alimony.
According to information available on the European Commission website, Ranbaxy Laboratories has been fined euro 10.32 million (over Rs 80 crore).
Sahara told the top court this week it was considering other proposals to raise funds, including selling a luxury development outside Pune.
Considering Modi's style of practicing diplomacy, it is likely that a clear message would be conveyed to China that it is high time Beijing stops using its good relations with Pakistan as a pressure tactic against India. This is imperative not only for strengthening India-China relations at the bilateral level but also for maintaining stability at the regional level, says Sana Hashmi.
'Much can be done by India under the provisions of the treaty to make full use of its rights it has.' 'The impact of that will be felt downstream.'
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
A strong showing will be vital to Narendra Modi's chances of a second term.
If a couple is registered as joint owners of a property, the tax authorities expect both of them to show their income or capital gains from the house in their tax returns, says Arvind Rao, a chartered account and certified financial planner
Over the weekend and Labour Day, a change seemed to have come over the former secretary and her memory had all but deserted her. Not unexpectedly, Kajal Sharma had lost much of her exactness. Her vocabulary had shrivelled to four or five words.
'Pay-for-delay' settlements between drug patent-holders and generics manufacturers to delay the launch of cheaper generic medicine are increasingly being scrutinised by antitrust regulators
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 27,403 and 8,248 respectively.
Aditya Puri thinks the government is on track.
Amarinder, who is also former Punjab Chief Minister, has sent his resignation to the Lok Sabha Speaker, copy of which was released to the media here, and has also sought a personal meeting with the Speaker next week.
It is the duty of a tax payer to record all his/her transactions, to explain sources of payments made by him/her and to declare the true income in the returns of income filed every year.
Be extra careful while using credit cards because there is a risk of misuse
What perhaps turned the tide against Uber was the plight of the consumer.
The definition of affected family includes farm labourers, tenants, sharecroppers and workers in the area for three years prior to acquisition.
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
A summary of sports events and persons who made news on Friday
Income from renting of properties is taxed at a flat rate of 10%.
Supreme Court's ruling favouring Haryana on the contentious Sutlej-Yamuna Link canal issue has set political temperature soaring in Punjab, with the state Congress chief Amarinder Singh quitting as Member of Parliament and all MLAs following suit, as Chief Minister Parkash Singh Badal asserted "not a drop of water" will be allowed to be taken out of the state.
Jaitley said the Congress leaders created a 'Chakravyuh' for themselves through a series of financial transactions where tax-exempt income of a political party was transferred to a real estate company.
Apple still has a request pending for a sales ban against newer Samsung phones in that proceeding.
As many as 3,268 title deeds in Sebi's possession would undergo scrutiny and be prepared for sale.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
The biggest disappointment was the compromise on the promised corporate tax reduction path.
Jaitley has managed the difficult feat of sticking to the fiscal correction.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
News of all that's transpired on and off the football field.
Meeting the disclosure norms isn't very easy.
Agreement between Bharti Airtel and Loop Mobile, which offers mobile services in Mumbai, expired on October 31
According to the draft, in the northeastern states the threshold is at Rs 500,000.
The agreement was reached in intensive negotiations between contact groups that Obama and Modi had set up in September.
Sensex in green in afternoon trade.
The Information Technology Act needs another tweak to allow a different kind of information intermediary to flourish, says Ajit Balakrishnan.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.