Chennai-based Shriram group’s proposed merger of its financial services business with IDFC Bank to create a financial conglomerate is a display of animal spirits in
Day: July 11, 2017
Govt must keep GST transition steady and predictable | Business Standard Editorials–11.07.2017
It has been just over a week since the new goods and services tax (GST) regime was introduced. It has already shown its potential as
More complications in filing income tax returns | Business Standard News–11.07.2017
Until recently, a person didn’t need to file a return if his taxable income was below Rs 2.5 lakh. But this year onwards, it doesn’t
GST: What is the way out for a small manufacturer under new tax regime | Business Standard News–11.07.2017
One of our firms is exclusively engaged in merchanting trade/third-country exports. We source products from Taiwan and Thailand and supply it to customers in Africa,
1.5 million jobs lost in first four months of 2017 | Business Standard Column
About 1.5 million jobs were lost during January-April 2017. The estimated total employment during the period was 405 million compared to 406.5 million during the
GST: Making sense of the changes in the Legal Metrology rules | Business Standard Column–11.07.2017
Last week the Ministry of Consumer Affairs, Food and Public Distribution amended the Legal Metrology (Packaged Commodities) Rules, 2011. A look at the key changes
Demonetisation, GST: Will small traders lose their ardour for the BJP? | Business Standard News–11.07.2017
Steadfast supporters of the Bharatiya Janata Party, Small traders have been bitten twice by its government in quick succession. In November, demonetisation sent them scurrying
GST impact on real estate: Rental income beyond Rs 20 lakh to attract tax – The Financial Express–11.07.2017
ental income from residential property has been exempt from GST but any earning over Rs 20 lakh annually from renting or leasing for commercial purposes
Alarm bells jangle over ₹6-lakh cr frozen in tax appeals | Business Line–11.07.2017
Revenue locked in appeals with Income Tax Commissioners across India rose in fiscal year 2016-17 to ₹6.11 lakh crore: that’s only marginally less than the