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Dharavi, located in the central part of the country's financial capital and among the biggest slum clusters in the world, is a hub for several small-scale, unorganised industries that manufacture medicines, leather, footwear, clothes etc.
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The wishlist ranges from making the deferment of ESOP tax payment available to employees of more startups to a reduction in MAT for eligible startups
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State-owned Indian Oil Corp (IOC) may drag the Odisha government to court for reneging on its promise to give tax concessions to its Rs 34,555 crore Paradip refinery in the state.
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The Odisha government Sunday withdrew tax sops allowed to Indian Oil Corporation Limited‘s (IOC) Paradip refinery. Speaking to CNBC-TV18, Chairman B Ashok, said the company has a strong case and will take it up with the state for reconsideration.
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The stock has seen weak movements in the past 15 days, having fallen over 3 percent. In the past three days, it has seen a fall of over 2 percent.
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To deal with stressed assets, further measures could also be taken to assuage the risks associated with project loans turning bad.
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General insurance companies are now offering cover for cash lost in transit from the ATM to home, chain snatching while on the road and also alternate accommodation for hotel stay in case of damage to home.
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The real estate sector is expecting Budget 2017 to give greater relief to first time home buyers, more incentives on home loan and introduction of tax relief on home insurance
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Benefits to promoters/builders, for construction of affordable houses Under the newly-enacted Section 80IBA, 100% of the profits derived by the builder/promoter from a residential housing project, are allowed as deduction to every tax payer R
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Civil Aviation Minister Ashok Gajapathi Raju met Finance Minister Arun Jaitley on June 9 and deliberated on various issues concerning the aviation sector, amid talks of Union Cabinet expected to take up the draft aviation policy for approval soon
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The draft aviation policy that was rolled out last October contains several provisions like 2 percent levy on all air tickets to fund regional connectivity and tax sops, among others, which would have financial implications when the policy comes for implementation.
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The IT sector's contribution towards India's GDP and employment generation has been so exponential that it comes as no surprise that finance minister Arun Jaitley took special notice of the sector. The IT and ITeS sector employs almost 10 million Indians.
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The budget may also include import-heavy spending (e.g., defense, renewable energy) or tax sops for local manufacturing: these would only have medium- to longer-term implications, says Credit Suisse
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Concerned over gold's impact on current account deficit which has soared to all-time high, RBI suggested higher customs duties on import of the precious metal and tax sops for pledging gold with banks.
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CNBC-TV18's Aakanksha Sethi learns that the Finance Ministry is looking at providing tax sops to foreign banks most likely from June.
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One needs to see if the DTC would be implemented. Even if it is not implemented in its full form, there is expectation that the tax slabs are raised.
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India will consider giving tax sops for information technology companies after the direct tax bill comes into affect, Telecoms and Information Technology minister Kapil Sibal said on Friday.
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Mahindra & Mahindra today hit out at the Maharashtra government for changing policy midway saying such steps will severely impact all new investments in the state by existing and new potential manufacturing firms.
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First and foremost a common man aspires a roof on his head, but thanks to soaring prices and recent change in lending norms it is becoming increasingly difficult for a common man to afford a house.
