Saturday, Apr 18, 2015



GST Bill: Jaitley, state FM panel chief to meet next week
Thu, Apr 16, 2015

The Bill has not found support even from BJP-ruled states like Gujarat, Maharashtra and Rajasthan.

‘Indian government’s efforts to create pro-business environment are encouraging’
Mon, Apr 13, 2015

Amid Prime Minister Narendra Modi’s tour of three industrialised democracies — France, Germany and Canada — to pursue India’s “economic interests” and promote “Make in India” by flagging off major business fair Hannover Messe in Germany, EU trade commissioner Cecilia Malmström, in an email interview with Shruti Srivastava, says that the 28-nation bloc is willing to […]

Maharashtra, UP, MP, join race to improve ease of doing business
Mon, Apr 13, 2015

Topping the chart is Maharashtra, which has reduced the days taken for getting electricity and construction permits from 67 to seven and 162 to 60, respectively.

India’s biggest accounting fraud
Fri, Apr 10, 2015

Amid the ongoing probe, on February 2, Mahindra & Mahindra-owned Tech Mahindra expressed interest in acquiring Satyam.

PAC red-flags UMPP bidding, coal diversion for Sasan
Fri, Apr 10, 2015

On the issue of diversion of surplus coal from Reliance Power’s Sasan UMPP, PAC recommended the de-allocation of “the surplus coal/coal block from Sasan UMPP.

Swachh Bharat: Some ‘elite’ services to pay extra 2% cess
Mon, Apr 06, 2015

The minister has said that the resources generated from the cess will be utilised for financing and promoting initiatives towards Swachh Bharat.

To bridge claim and fact, PM Narendra Modi produces photo ‘proof’
Tue, Apr 07, 2015

Several phone calls made to the Bihar chief secretary’s office, and a fax sent to him seeking his version, remained unanswered.

Deadline near, India Inc scrambles to get women directors on board
Tue, Mar 31, 2015

One in six are from family, 119 firms comply in March; 313 yet to meet requirement.

Foreign trade policy to be launched on Apr 1, sops likely for manufacturing, services
Mon, Mar 30, 2015

Merchandise exports declined by over 15 per cent to $21.54 billion in February, third month in a row.

Q&A with Vipin Sondhi : ‘Construction sector poised for immense growth’
Sun, Mar 29, 2015

Sondi shares his enthusiasm on the expected revival while detailing what more needs to be done to lift the sector.

Govt buys gold-plated mugs to promote ‘Make in India’
Fri, Mar 27, 2015

Key-chains, shirt pins also part of promotional campaign.

Centre not likely to relax FDI in e-biz sector for now
Mon, Mar 23, 2015

The commerce ministry is not in favour of FDI in B2C segment as it wants to channelise resources on physical infrastructure for boosting the manufacturing activities.

Cabinet clears black money bill, proposes one-time amnesty but hard action
Wed, Mar 18, 2015

The offence will be non-compoundable and the offenders won’t be allowed to approach the settlement commission.

Key BJP-ruled states pick holes in Centre’s GST Bill
Tue, Mar 17, 2015

The Centre, though rebutted apprehensions, the GST Bill may face major roadblocks.

India turning to services to bridge widening trade deficit with China
Mon, Mar 16, 2015

The official said that India can especially play a vital role in the tourism and the pharmaceutical sectors.

Hallmarking of precious metals to be taken up by Cabinet next week
Fri, Mar 13, 2015

Currently, hallmarking the jewellery is a voluntary exercise.

Battling tax disputes, foreign MNCs make a beeline for international arbitrations
Thu, Mar 12, 2015

Cairn Energy has become the latest firm to international invoke investment protection treaty , after Vodafone and Nokia.

EU intensifying efforts for negotiations on India FTA
Mon, Mar 09, 2015

The 28-nation bloc willing to be flexible in resolving contentious issues.

Govt amends I-T Act to put curbs on shell companies
Mon, Mar 02, 2015

To curb the formation of shell companies, which are located abroad but controlled from India, to evade taxes, the government has amended the income tax act by introducing the concept of ‘place of effective management’. Following the amendment, all such companies would be taxable in India even if they are incorporated abroad but their key […]

For greater compliance, Centre cuts penalties on indirect tax
Mon, Mar 02, 2015

Section 11AC of the Excise Act has been amended for similar cases and the taxpayer can now pay the duty along with a penalty of 10 per cent of the duty.

E-comm biz with ‘aggregator models’ now to be taxable
Mon, Mar 02, 2015

This means companies like TripAdvisor, who act as aggregators, will have to pay the service tax, Mishra explained.

Excise duty up, cigarettes get expensive
Sun, Mar 01, 2015

Leather footwear to get cheaper.

Investors get a boost, GAAR deferred by two years
Sun, Mar 01, 2015

The government hopes that the GAAR deference will improve the ease of doing business and boost investor sentiment.

Service tax hiked, use of cash cards, eating out to cost more
Sun, Mar 01, 2015

Packaged vegetables to get cheaper; life insurance scheme for elderly exempted.

Efforts to tackle black money menace to be powered by new law
Sun, Mar 01, 2015

The proposed legislation will make concealment of assets overseas and evasion of tax on them a prosecutable offence.

Manufacturing thrust to begin with plan for reviving capital goods
Fri, Feb 27, 2015

The department of heavy industry is collaborating with industry chambers to take inputs for the policy.

‘Make in India’ to get a shot in the arm this Budget
Wed, Feb 25, 2015

A major push is being planned for the electronic goods sector where the country imports electronic products worth $16 billion annually.

ComMin expedites work on FTA before Modi’s Canada visit
Mon, Feb 23, 2015

India’s exports to Canada stood at $2.03 billion in 2013-14 while imports stood at $3.14 billion during the year.

In regulator’s absence, troubled buyers lining up at CCI’s door
Sat, Feb 21, 2015

Encouraged by a couple of CCI rulings, desperate Customers who hoped for similar orders are realising most cases fall outside the commission’s domain.

Govt not convinced of PIA reply on office purchase
Thu, Feb 19, 2015

Last month, the ED had summoned PIA to “explain” the purchase of the properties and submit documents pertaining to the case.

Slowing job-intensive exports throw up wider distress call
Wed, Feb 18, 2015

Imports of critical capital goods and machinery too see a decline.

With Budget boost, electric cars may become cheaper
Thu, Feb 12, 2015

The promotion of the electric and hybrid vehicles is part of the National Electric Mobility Mission Plan (NEMMP) 2020.

Property purchase not against law: PIA
Wed, Feb 11, 2015

Enforcement directorate is probing the allegations that Pakistan International Airlines had violated provisions of the Foreign Exchange Management Act.

No holy cows, will probe new names on HSBC list: Jaitley
Tue, Feb 10, 2015

Indian Express investigation has revealed 1,195 Indian HSBC clients, roughly double the 628 names that French authorities gave to the Government in 2011.

Less tax litigation for ease of doing business
Sat, Feb 07, 2015

IT department is considering accepting some suggestions of the TARC, especially those pertaining to the AAR.

Most awaited announcement: Roadmap to a common market
Sat, Feb 07, 2015

The government has set an ambitious target for rolling out the tax.