Yechury said the signs of the agrarian distress and near-stagnant rural incomes have been there for long but the Modi government is busy with trying to "divide and polarise".
Apart from the Communist countries, India’s government spending is higher than East Asian countries, as a percentage of GDP
The U.S. ride-sharing company says its could face 20 percent VAT on gross booking fees - the amount passengers pay -- or on its service fees charged to drivers.
There are some important tax considerations to be cognisant of when you return to India
The agency, which has been pursuing this case for several months now, has started a probe into 12 companies.
The Tier 1 account is covered under EET (Exempt Exempt Taxed) regime
Sakshi Batra does a 3-Point Analysis of the impact of reduced corporate rates on broad sectors of the economy and equity markets.
Companies try to minimise giving taxes by taking advantage of depreciation, deductions, exemptions, etc from the government. So the government imposes a Minimum Alternate Tax or MAT as an advance tax on these companies.
The lower mop-up reflects the deepening slump in demand and overall growth. In the first quarter the GDP slowed to a six-year low of 5 percent.
The economy does not move in a linear fashion, but is instead swamped with its share of ups and downs. Post the 2008 and 2013 meltdown, we are witnessing another cyclical slowdown in India.
It has been a year since debt funds are in troubled waters. The crisis that started in September 2018, following the IL&FS fiasco has only compounded with time
Carefully preserve the records of your financial transactions relating to the house property, proof of payments, sources of investment etc.
The rate reduction from 43 percent to 28 percent would be done by removing the cess on such vehicles
The high-level government task force on direct taxes has proposed several changes that could reduce the tax burden for several companies and individuals taxpayers.
The government-appointed task force on direct taxes submitted its recommendations to Finance Minister Nirmala Sitharaman on August 19.
Overall GST collection for the period rose 9 per cent to Rs 3.56 lakh crore
The government has acknowledged that lending to the sector has stalled and assured of steps to encourage banks to push loans
The monetary limit for an appeal before the Income Tax Appellate Tribunal has been increased to Rs 50 lakh from Rs 20 lakh by the Central Board of Direct Taxes.
Till now, building societies were chipping in for errant flat owners who refused to pay tax, believing no direct action was possible against them
“We expect to earn about Rs 400 crore from the cess,” a Finance Ministry official said
The direct tax would be imposed on profits earned by foreign companies in India and is set to impact mega-tech companies such as Google, Facebook and Twitter
Despite the nomenclature, HUF is permitted for Hindus, Jains, Sikhs and Buddhists
The notice was issued to HDIL Galaxy Apartments in Kurla East for handing over flats without securing the occupation certificate, lift clearance and fire completion certificate for those flats
The ITR-1 form has been simplified this year, making it easier for salaried employees to e-file returns.