The devil is in the detail for the real estate sector. Though the Budget gave sops to home buyers in the form of tax savings and interest rate subvention, it quietly brought back service tax on lease rentals in the Finance Bill.
Defence officials contend that the services do not use spectrum for 'commercial purposes' and therefore do not need to pay for it.
While consumers feel that petrol pinches directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
GST impact: Higher lease payouts may hit airlines, cab aggregators.
While the company insisted it had enough spectrum across circles, analysts said the company might soon need to acquire some spectrum to ensure uninterrupted service.
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while 'debt to Ebitda' has to be equal to or less than 5.5.
Currently, there are related party transactions in four areas -- real estate leased to IGAL, simulator training facilities, General Sales Agreements (GSAs) for limited foreign markets and crew accommodation at Accor Hotels, the IGE statement said. Citing unaudited numbers for 2018-19, the statement said the related party transactions in the four areas accounted for Rs 150.12 crore or 0.53 per cent of IGAL's consolidated turnover.
Admiral describes it as 'a path-breaking change'; defence ministry official disagrees.
'Rationalising TDS on dividends for FPIs to reduce it to treaty rates ranging from 5 to 15 per cent, depending on the country of residence of FPIs from current rate of 20 per cent will provide a big cash flow relief for FPIs.'
The new service can be accessed by Airtel users on 686 via SMS where the user registration happens via SMS or the web interface.
'Are they assuming that by the end of May or the 15th of June, we will see the end of the pandemic?'
Tata Teleservices on Thursday launched Push-to-Talk services offering customers the facility to make unlimited calls without any long distance or roaming charges within the network on a monthly rental of Rs 99.
The annual meet also saw some shareholders of the country's second largest IT services company raising concerns over falling operating margins. But many congratulated the management for delivering good FY20 performance despite the tough economic conditions.
Suspended Organising Committee Joint Director General T S Darbari claims he is not involved in the Queen's Baton Relay financial irregularities case and has become a victim of media campaign.
Warehousing and logistics segment has been among the most resilient asset classes in the pandemic.
These homes offer services that help lead a smooth retired life.
Meet Ashutosh Upadhyay & Snehesh Mitra, two IIT-ians who founded EasySquareFeet.com to offer hassle-free solutions for home-hunters.
The report said leasing rates over the past two months have largely stabilised, with rents in some areas increasing in response to steady demand.
E-commerce job queries have been increasing as well.
We expect the outlook of Union Budget 2010-11 on retail sector be positive. The much needed industry status grants to retail industry will boost the industry in many aspects.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The US president had in past expressed dismay with the $2.3 trillion package that Congress passed Monday, which includes $900 billion in coronavirus relief and $1.4 trillion to fund the government until October, conflating the two bills and saying the spending goals were misguided.
Over 25,000 sq ft leased by them in last three months after new maternity Act. Raghavendra Kamath reports.
The Q3 office rebound growth was led by Bengaluru and Hyderabad, which together accounted for nearly 80 per cent of the net absorption in Q3.
The organised retail sector clamors for Industry Status, removal of service tax on rentals, permit FDI in retail and usher in GST regime
'Even during the lockdown, we have received many online enquiries and subsequent bookings.'
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
Find out what you can do to find a fabulous apartment to fit your budget.
The San Francisco-based giant has acquired a Delhi-based company.
GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer
Aircel executives said the company could offer value to big boys like Airtel or Jio as a low-end mobile services brand
Investors accumulated quality stocks at valuable and attractive levels.
Exim Bank of India Chairman and Managing Director T C Venkat Subramanian revealed that the bank has good exposure in highly export-intensive sectors. The bank has seen considerable increase in loan approvals and profit after tax. It provides financing both in foreign currency and Indian rupees. The bank will push exports from rural areas and explore untapped areas. Subramanian believes microfinancing model was ideal for villages as it reaches the indigenous rural people.
Mumbai has joined the league of cities like New York and Tokyo with its office space rentals reaching the skies.
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
The changes made in the revised GST draft throw up fresh issues but, overall, most of these look sensible, says T N C Rajagopalan.
The company, a brokerage firm, will offer sales, leasing, short-term rentals, property management, commercial advisory\nand project sales and marketing services to its customers.
India's telecom regulator TRAI on Wednesday slashed mobile roaming tariffs by up to 56 per cent and also scrapped rental for roaming services.
