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.
Apple still has a request pending for a sales ban against newer Samsung phones in that proceeding.
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.
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.
Agreement between Bharti Airtel and Loop Mobile, which offers mobile services in Mumbai, expired on October 31
Meeting the disclosure norms isn't very easy.
News of all that's transpired on and off the football field.
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.
Indian economy about to take-off
Many ministries couldn't use the allocated funds since it came into force, resulting in much-needed savings.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
China's ruling Communist Party has cracked down on Tibetans who planned to attend the Kalachakra Puja in Bodh Gaya. But the Tibetan people have dared the Communists by listening to the Dalai Lama's sermons on the Internet and sharing videos on social media.
Penalties for undisclosed foreign income and assets extend up to 300%.
Prior to 2011, the company was in dire straits. But recent financial results show its fortunes are on the mend.
While Sahara maintains it has already repaid more than 93 per cent of the outstanding dues directly to the concerned bondholders and the remaining amount was just about Rs 2,500 crore (Rs 25 billion), it deposited Rs 5,120 crore (Rs 51.2 billion) to Sebi in December 2012 towards the investor refunds as per Supreme Court orders.
'This is the only country where success seems to be viewed as a bad thing.' 'Other governments and countries go out of their way to protect a successful organisation. Here we find ways of destroying it.'
However, he refrained from speaking on Mexican immigrants and also declined to repeat his frequent promise to force Mexico to pay for the wall.
The Bill comes at a time when prospective home buyers are avoiding under-construction projects, almost everywhere in the country, thereby drying up sources of interest-free funds for debt-ridden developer firms
The allocation in the defence budget is inadequate to meet India's long-term threats, especially from China and Pakistan, says Gurmeet Kanwal.
The retrospective tax decision reversing the January 2012 Supreme Court verdict in the Vodafone case has often been cited as the reason for foreign investors losing confidence in India as an investment destination.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
The incomparable Mohammed Rafi would have turned 93 today, December 24. Raju Bharatan salutes the legend.
Trade between India and Indonesia stands at $20 billion.
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
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