The Bill has not found support even from BJP-ruled states like Gujarat, Maharashtra and Rajasthan.
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 […]
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.
Amid the ongoing probe, on February 2, Mahindra & Mahindra-owned Tech Mahindra expressed interest in acquiring Satyam.
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.
The minister has said that the resources generated from the cess will be utilised for financing and promoting initiatives towards Swachh Bharat.
Several phone calls made to the Bihar chief secretary’s office, and a fax sent to him seeking his version, remained unanswered.
One in six are from family, 119 firms comply in March; 313 yet to meet requirement.
Merchandise exports declined by over 15 per cent to $21.54 billion in February, third month in a row.
Sondi shares his enthusiasm on the expected revival while detailing what more needs to be done to lift the sector.
Key-chains, shirt pins also part of promotional campaign.
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.
The offence will be non-compoundable and the offenders won’t be allowed to approach the settlement commission.
The Centre, though rebutted apprehensions, the GST Bill may face major roadblocks.
The official said that India can especially play a vital role in the tourism and the pharmaceutical sectors.
Currently, hallmarking the jewellery is a voluntary exercise.
Cairn Energy has become the latest firm to international invoke investment protection treaty , after Vodafone and Nokia.
The 28-nation bloc willing to be flexible in resolving contentious issues.
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 […]
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.
This means companies like TripAdvisor, who act as aggregators, will have to pay the service tax, Mishra explained.
Leather footwear to get cheaper.
The government hopes that the GAAR deference will improve the ease of doing business and boost investor sentiment.
Packaged vegetables to get cheaper; life insurance scheme for elderly exempted.
The proposed legislation will make concealment of assets overseas and evasion of tax on them a prosecutable offence.
The department of heavy industry is collaborating with industry chambers to take inputs for the policy.
A major push is being planned for the electronic goods sector where the country imports electronic products worth $16 billion annually.
India’s exports to Canada stood at $2.03 billion in 2013-14 while imports stood at $3.14 billion during the year.
Encouraged by a couple of CCI rulings, desperate Customers who hoped for similar orders are realising most cases fall outside the commission’s domain.
Last month, the ED had summoned PIA to “explain” the purchase of the properties and submit documents pertaining to the case.
Imports of critical capital goods and machinery too see a decline.
The promotion of the electric and hybrid vehicles is part of the National Electric Mobility Mission Plan (NEMMP) 2020.
Enforcement directorate is probing the allegations that Pakistan International Airlines had violated provisions of the Foreign Exchange Management Act.
Indian Express investigation has revealed 1,195 Indian HSBC clients, roughly double the 628 names that French authorities gave to the Government in 2011.
IT department is considering accepting some suggestions of the TARC, especially those pertaining to the AAR.
The government has set an ambitious target for rolling out the tax.