Business

The Survey will seek to initiate the debate around this, even though it is unlikely that the budget for 2017-18 would announce a full scale UBI, a government official said.

Acharya who joined the RBI on January 20 with a three year-term is expected to give crucial inputs for the forthcoming monetary policy scheduled on February 8.

The MeitY has recommended that fiscal incentives of income tax exemption under section 10A of the Income Tax Act be restored for new STP units with annual turnover less than Rs 25 crore, or for

The SFO alleges that Rolls-Royce bribed an AirAsia Group executive with credits worth $3.2 million to be used to pay for the maintenance of a private jet.

Observing that the current MAT rate at 18.5 per cent is quite high, the report said the high rate adversely impacts the cash flow of companies that have low taxable income or have incurred losses,

With this new patent, Suven has a total of 25 granted patents from Australia.

Shares of Suzlon Energy Ltd were trading up 1.38 per cent at Rs 17.59 apiece on BSE.

SBI Research expects tax collection under IDS to be around Rs 50,000 crore and cancelled liabilities from RBI to be around Rs 75,000 crore.

The report noted that Finance Minister Arun Jaitley is expected to target a fiscal deficit of 3.5 per cent of GDP --same as that of 2016-17 in his February 1 Budget.

Acharya, a professor of Economics in the Department of Finance at the New York University (NYU) was appointed as Deputy Governor last month.

For the whole of 2016, China's LNG imports rose 32.8 percent to 26.06 million tonnes.

Logistics company Brambles Ltd fell as much as 17.6 percent, accounting for a quarter of the losses on the index.

JSW Steel is a part of the diversified JSW Group which has presence in steel, energy, infrastructure among others.

The Sensex opened lower at 26,990.93 and moved in a range of 27,159.68 and 26,963.58. At 1100 hrs, the 30-share barometer was quoted higher by 103.66 pts, or 0.38 per cent, at 27,138.16 points.

The National Stock Exchange Nifty too dropped by 22.15 points, or 0.26 per cent, to 8,327.20.

Meanwhile, the benchmark BSE Sensex fell by 70.92 points, or 0.26 per cent, to 26,963.58 in early morning deals.

Trump's first address as president on Friday highlighted his "America first" policies that were short on specific proposals.

"The government feels much regret at having burdened you all and not having provided more support and encouragement," Hwang said.

The analysis report, accessed by The Indian Express, also states that the knowledge of anti-money laundering rules and regulations of all cooperative bank staff was a major concern.

After taking out Rs 66,507 crore in November and December, foreign investors have withdrawn Rs 5,145 crore from the capital market so far in January 2017.

Sources said the review may lead to tweaking in the holding period for gains in stocks to qualify as long-term capital gains, even as the government may leave the tax rates unchanged.

Business does not seem to be too brisk in an economy hurt by demonetisation — net sales at cement maker UltraTech barely grew.

A majority of the respondents stated that the SMEs have been hit and would still suffer the lingering effect for one more quarter.

The Council in its meeting on January 16, had agreed to give states the powers to levy tax on economic activity within 12 nautical miles of territorial waters.

The focus is also on non-cash deposits in various bank accounts by way of RTGS and other means