Indians having undisclosed property abroad will have to pay tax and penalty.
Neither pharma nor IT would have become the stars of the economy without the active but largely invisible hand of the Indian State, says Ajit Balakrishnan.
The WTO has resumed work at Geneva from September 1 after a month long vacation.
Undisclosed overseas assets such as immovable property, jewellery, shares and art works will be valued at fair market price for the purpose of tax and penalty under the new black money law.
The government had in October 2007 set a sale price of $4.20 per million British thermal unit based on the price discovered by RIL from key customers.
SBI is the first major state-run bank to hike lending rates after short-term rates rose as a result of the Reserve Bank of India's liquidity tightening moves announced in July.
Experts regretted that it has taken too long to deliver justice
The court has also questioned Epic's assumption that Tata Consultacy Services used the information for the creation of a competitive product
The fund industry may have embraced machines and robots, but managing money still needs the human touch
The proposals will be reviewed by the World Trade Organization's General Council.
The council decided not to levy any additional tax on small petrol and diesel cars of up to 1200 cc as well as on hybrid ones.
Kolkata Gives brings together the city's philanthropists and deserving NGOs in a structured interface. Subir Roy walks away with fascinating stories from this year's do.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
At the GO-JEK hackathon in Bengaluru, there were over 100 people working on their projects. Most were between the ages of 25 and 30. All except the CoderDragons: Mrinal Jain is 11, and Shreyas Katuri is 12. Nikita Puri meets the pre-teens who are building a virtual voice assistant named Erica.
Only 2.3% of the Indian workforce has undergone formal skill training, as compared to 68% in UK and 52% in the US
Hyderabad-based Pi Datacenters wants to be the first destination of choice for enterprises in data and cloud services.
A major criticism of the new law is that it can become an instrument of abuse as it confers the tax enforcement authorities with strong discretionary powers, says Paranjoy Guha Thakurta.
Admittedly, EVMs too have a UID number and any convergence of data can make the secret ballot system a party of history, warns Dr Gopal Krishna in the 5th part of his series against Aadhaar.
'Good politics is not just staying in power. You cannot sacrifice everything at the altar of trying to ensure the coalition remains in power.'
'Where have we failed, as parents, teachers and leaders, that our children have forgotten all tenets of decent behaviour and respect for women?' President Pranab Mukherjee asks the nation on the eve of Republic Day.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
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