Tax expert Anil Rego answers readers' questions about how Finance Minister Piyush Goyal's Budget affects you.
Income-tax data released by FinMin after 15 years
A large number of rich farmers, who earn more than salaried employees in the cities, get away with paying no tax at all in view of the government's lack of will to consider an agricultural income tax
A moderate GST rate obviates the need for the two-rate structure.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.' 'Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his resigation.'
'Markets are likely to remain choppy for the next 6 months.'
If the Modi government is going to set new benchmarks of performance, don't expect the majority of his dozen-odd ministers-who-matter with economic portfolios to be making the difference, says T N Ninan.
Modi is the first Indian Prime Minister to attend Davos meeting in about 20 years since H D Deve Gowda in 1997.
Single window clearances for realty must.
It makes sense to wait for govt schemes such as gold bonds.
Policies have focused on promoting manufacturing, says minister, for income and job purposes.
The Modi government has ambitious plas to achieve 10% growth, but there is no assessment of how much money is needed for the whole package of measures, and where it will come from. In short, there is no plan for how to get from here to there, points out T N Ninan.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
Indian-American business leaders meet to discuss ways to make this initiative a success.
Congress leader Kantilal Bhuria, who wrested the Ratlam Lok Sabha seat in Madhya Pradesh from the BJP recently, speaks to Prasanna D Zore.
The pension fund managers distribute products under the National Pension System.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
Government needs tight control over both expenditure and populism.
Sectors throw up a wishlist for the Finance Minister.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
While companies having fewer visa holders in the US seem to be less exposed to rising protectionism, most front-line IT stocks are trading at attractive levels and, to a large extent, factor in near-term headwinds.
The Centre set up a political tug of war with opposition parties which have planned to observe it as a 'black day'
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
All the fixes require either the enactment of a data-protection law, or the amendment of our existing competition law. This can take many years. However, there is an opportunity for the government to act immediately if it wishes to, says Sunil Abraham.
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
The rout of the Bharatiya Janata Party-led alliance in the crucial assembly polls in Bihar is the "most significant domestic setback" to Prime Minister Narendra Modi, global media commented on Sunday, saying it shows that his vote-winning abilities were on the wane.
The need of the hour is to support e-commerce companies through benign policies and not to treat them as mere cash cows.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Currently, foreign lenders are present in India only through branches or representative offices.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
Finance Minister Arun Jaitley presented the Union Budget.
Months before 8/11, MP, Haryana probed note ban
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.
Mutual fund investments come in various shapes and forms -- ranging from the passive index funds to the actively managed funds. Two of the most popular mutual fund types are balanced funds and dynamic funds. Let us take a deeper look at what each one is and how they are different.
The GST will alter the very face of fiscal federalism in India.
In order to formulate a Uniform Civil Code, the Law Commission has sent out of list of 16 questions to gauge public opinion,
