The government on Thursday clarified that black money declarants using the one-time compliance window cannot pay tax and penalty from undisclosed income to bring down their liability.
Lenders, with Rs 600-cr exposure to telco, want it to sell properties to repay loans.
The Act envisages that the states and Centre will formulate specific rules for real estate regulation.
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While the measures are aimed at moderating outflows, RBI added that genuine requirement beyond these limits will continue to be considered under the approval route.
Multiplex chains are rushing to smaller towns
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu's family-owned Heritage Foods
The inquiry will bring under a scanner Arun Shourie, the then disinvestment minister, and Bharat Hotels Chairperson Jyotsna Suri.
'Usually, customers who don't get loans from banks approach NBFCs.' 'This is one reason NBFCs price their loans costlier than PSBs or private banks.' 'NBFCs will have higher delinquencies levels than private banks for most products.'
Reliance Industries has divested its 30 per cent stake in an oil and gas block in Peru to Australia's Woodside Petroleum and Pluspetrol of Argentina to trim its overseas properties.
Lines up a $1-billion capital expenditure plan for exploration purposes abroad.
RNOR status is a sub-set of the Resident Status.
Ramesh released some fresh documents including one of 1949 which showed that the Dholpur Palace was owned by the Rajasthan government.
The company divests from properties abroad to focus on its key markets.
Aggressive acquisitions & deep pockets fuel real estate competition; experts suggest future partnership
Union Finance Minister Arun Jaitley explains the future of the Land Acquisition Law in India
Rupert Murdoch-led News Corp has acquired 25 per cent stake in real estate portal PropTiger.com for $30 million.
Chief Minister Siddaramaiah says it is exclusive privilege of Wadiyar family and the government would not like to interfere with it
The government of India has brought a property to house an Indian Cultural Centre in downtown Washington, DC for a whopping $5.7 million.
In a rapprochement three years after they split, Delhi Chief Minister Arvind Kejriwal on Tuesday shared stage with Anna Hazare on the second and final day of the Gandhian's protest against the contentious land acquisition ordinance while accusing the Modi government of adopting anti-people policies.
Congress leaders have hit out at the BJP governments at the Centre and in Karnataka, questioning its timing.
Although the idea is to focus on all states to turn India into a global manufacturing hub, the department of industrial policy and promotion, the nodal agency to carry out the campaign, has selected a handful of states that have a sound industrial backbone such as Maharashtra, Tamil Nadu, Karnataka, Gujarat, Andhra Pradesh, Telangana and others.
A Foreign Office official told PTI that the eight-member Indian delegation arrived in Lahore at 9.15 am (local time).
The finance ministry is seeking to speed up deals with outside investors.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Suitors came with all-cash offers but were rebuffed
Infosys has slashed the full-year revenue guidance to 10.5-12 per cent in constant currency terms.
Consultants say at Rs 1,442 a sq ft, the developer has got a good bargain.
Birla is believed to have bought the property - a 30,000 square feet plot with a built-up area of 25,000 square feet - for personal use.
The IT department had issued a tax assessment order in December 2011 asking Vodafone to add Rs 8,500 crore (Rs 85 billion) to its taxable income, thus raising the tax liability of the company.
Of all the markets in which politicians interfere with prices, the land market is probably the last that will be reformed, says T N Ninan.
Sahara had initiated legal action against the US-based firm.
'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.
'Which one of us would give up our flats for development?' 'We insist that others, who are unwilling but weak, make all the sacrifices on our behalf and then we are puzzled when there is violence against the State,' says Aakar Patel.
Private Equity investment in Q1, 2015 witnessed a year- on-year jump of 30 per cent to $2.6 billion.
Dilip Shanghvi has never tried to be everything to everybody.
The Department of Commerce alleged that Huawei was engaged in activities that are contrary to US national security or foreign policy interest.
'According to the government's Economic Survey, the Indian state's generosity is not restricted to its poorest citizens. In fact, in many cases, the beneficiaries are disproportionately the well-off.'
Giving more freedom to individuals travelling abroad, they may soon be allowed to spend $2 lakh overseas in a year as against the present ceiling of $75,000.
N Ganapathy Subramaniam, chief operating officer (COO), discusses the strategy to concert digital opportunities to larger deals, focus on reskilling own people instead of acquiring a company to get access to skillsets and demand from newer verticals in an interview with Romita Majumdar
'Everywhere our younger computer professionals are in the forefront, defending our national interest in every forum and keeping our flag flying high.'
