Ignis is an urban premium compact targeted at the millennials, said RS Kalsi, ED-Mkting & Sales, Maruti Suzuki India.
Moving a step closer to government is planning to move an amendment to Section 115 BBE of the Income Tax Act that deals with taxing unexplained income.
The GST Council today met as part of a three-day meeting where it agreed upon a number of contentious issues, such as the compensation formula, and it is set to deliberate the remaining ones over the next two days.
It is likely that the Centre could propose a four-tier tax structure under the Goods and Services Tax. The peak slab could be around 26 percent, reports Business Standard
Sources told CNBC-TV18 the PMO has sent a note to the DIPP last month, following consultations with the industry, asking it to consider viability of allowing concessions for the MRO industry.
Jim Walker is overweight on India on imporving corporate earnings and subdued commodity prices.
Adesh Gupta, CEO and ED, Liberty Shoes says the potential 24 percent GST rate will not imply too many benefits for the corporate sector.
"We have to find out if there exist any loopholes in the tax structure which is benefiting them," state Finance Minister Saurabh Patel said
This article will explore the tax liability on the tax structure on real estate transactions.
Industry body FICCI, in its pre budget meet with the finance ministry officials today expressed their concerns about the various macro economic issues and presented their expectations from the budget.
While the markets await the proposed cut in Securities Transaction Tax (STT), Madhu Kannan, managing director and chief executive officer of the Bombay Stock Exchange tells CNBC-TV18 that the talks with Ministry of Finance and Economic Affairs have indicated at no timeline for revision of STT.