Income from renting of properties is taxed at a flat rate of 10%.
Even as India continues on the priority watch list of the Office of the US Trade Representative, strong voices from Washington, DC, have spoken out in favour of India, reports Aziz Haniffa/Rediff.com.
'A class antagonism of rich versus poor took the colouring of a communal confrontation,' says Sunil Sethi.
The company brings its global campaign to India, looks for trust and a way to grow its business in the country
Ethiopian silver medalist Feyisa Lilesa, who did not return home after staging a protest against his government at the Rio Olympics, said on Thursday he feared for his life if he went back and vowed to keep up his fight for land rights.
The test for Prime Minister Narendra Modi would be to convince not just friends in the media with crisp sound bytes but the very people most affected by the politics of hate through concerted action, says Shehzad Poonawala.
Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum in New Delhi attended by Prime Minister Narendra Modi and US President Barack Obama.
'Gandhi turned his life into a counter-intuitive experiment in old ideas like non-violence and swadeshi.' 'He offered numerous universal ideas that talk to the human condition.' 'His ability to take risks was outstanding,' says Sopan Joshi, explaining why the Mahatma's ideas are as relevant as ever.
If an employee bond is used to ensure that the employee never leaves, then it is illegal.
Gujarat has topped with a score of 71.14% on ease of doing business list.
The government has decided to give Rs five lakh each to the next of kin of victims of the 1984 anti-Sikh riots triggered after assassination of the then prime minister Indira Gandhi.
The council resisted intense pressure from the powerful manufacturing, pharma and other trade lobbies that have urged the Obama administration to enact punitive measures against India for a laundry list of alleged intellectual property and patent violations.
The Supreme Court today ordered that former Comptroller and Auditor General of India Vinod Rai will supervise special audit of property of Kerala's famous Sree Padmanabha Swamy temple, which is facing charges of financial irregularites, and constituted a new administrative committee headed by District Judge, Thiruvananthapuram.
Narendra Modi and Barack Obama will ponder over ties twice over, says Nayanima Basu
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Assam Chief Minister Tarun Gogoi on Wednesday accused Union Home Minister Rajnath Singh of failing to provide security along the state's border with Nagaland and accused the Centre of not taking the recent violence there seriously.
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.
Sahara relied on a letter from bank saying the funds were there.
The Sebi order is vindication of Sinha's stand, but it has not brought him much relief as his money is still stuck.
The department has calculated and arrived at the figure and may raise two separate demands.
In the wake of the Supreme Court rejecting Kerala's contention in the dispute with Tamil Nadu over the Mullaperiyar dam, the state on Monday sought Centre's mediation and a presidential reference to the apex court to address its anxiety over the issue.
He said the NDA's work culture was different from that of the previous governments.
Although the Haryana police claim to have solved the sensational Rs 100 crore bank heist case in Gohana town of Sonipat, the family of the robbery's alleged mastermind refuse to believe the cops. The family of Mahipal Banwala, the alleged mastermind who was found dead in his car, refuse to believe that a strong self-made man like him could never have committed suicide.
Rather than focussing on manufacturing, Indian companies need to concentrate on conceiving, designing and branding products.
Five months after he was assaulted by a mob and forced to chant 'Jai Bhawani, Jai Shivaji,' Assistant Sub Inspector of Police Yunus Shaikh will return to the police force on July 21. Shaikh relives the assault and its aftermath in this interview with Rediff.com's Prasanna D Zore.
A summary of sports events and persons who made news on Tuesday.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
Twenty-eight years ago almost to the day, 37 unarmed Muslims were killed in cold blood, an act of wanton violence for which no one has so far been held guilty. Jyoti Punwani and photographer Uttam Ghosh visited the Meerut locality after the trial court recently acquitted the security personnel charged with the killings, and found a town untouched by its grim past.
The least the leaders who met Prime Minister Narendra Modi could have done was to highlight the plight of the Muslim riot victims, but they happily chose to ignore it, so privileged they must have felt to be in the presence of the prime minister, the most powerful man in the country, says Syed Firdaus Ashraf.
'Ensuring through diplomatic means and in conjunction with strategic partners that India will not be required to fight a simultaneous two-front war with China and Pakistan.' Brigadier Gurmeet Kanwal (retd) lists what India must have in its national security strategy.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
The 1995 judgment in the Union of India vs Cricket Association of Bengal case emphasised that free speech is essential for a successful democracy and citizens must have a plurality of views and a range of opinions on all public issues, says M J Antony.
Apart from key bilateral issues, the two leaders also discussed situation in the region, particularly in wake of the increasing threat of terrorism and extremism from various sources including the Islamic State militant group.
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.
Indian Navy on Saturday commissioned a new base, INS Sardar Patel, in Porbandar, Gujarat.
You may claim damages for alternative accommodation and interest on the payment made.
'If I have to write a letter I will give it to the media. They will put it out.'
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India has been pursuing measures that discriminate against overseas businesses, says US Congressman Erik Paulsen.
The judgement in the over 13-year-old case, whose trial saw many twists and turns, can make or mar the career of the actor on whom ride investments of over Rs 200 crore.
India said on Tuesday it was investigating US policies supporting solar panel makers, the latest move in an escalating row over renewable energy that has worsened already strained ties between the two countries.
'I am an old man. 64 years... Never used influence.' 'I am not a politician or a criminal. What influence?' 'Retired. I could not protect myself even (from fabricated charges)?' 'Have no money now either.' 'I don't want to die in custody in disrepute.'
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