Many expatriates living in India and non-resident Indians living in any other country may just end up in tax trouble with no fault of theirs.
Day: July 28, 2017
ICICI Bank Q1 Result: ICICI Bank Q1 profit slips 8% YoY to Rs 2,049 crore; asset quality stable–Economic Times–28.07.2017
Private sector lender ICICI BankBSE -1.02 % on Thursday reported 8.21 per cent year-on-year fall in net profit at Rs 2,049 crore for the quarter
GST Returns: Are you filing the correct GST return?–Economic Times–28.07.2017
Under GST, a regular taxpayer needs to furnish monthly returns and one annual return. There are separate returns for taxpayers under the composition scheme, non-resident
IIP data: Reporting of monthly factory output may go online–Economic Times–28.07.2017
India is considering developing a web portal to obtain a more accurate measure of factory output, a move that comes after the government revamped the
GST Rates: No tax on tax: Here’s how this GST mechanism will work–Economic Times–28.07.2017
One of the key benefits of the goods and services tax (GST) is the end of cascading of taxes, or there will not be any
GST–Y2K moment for small biz?–Economic Times–28.07.2017
By Sumeer Chandra The arrival of the new millennium saw the rise of India as a new economic power. India’s IT industry was the poster
jewellery sector: Government targets $60 billion gems and jewellery exports by 2022–Economic Times–28.07.2017
The government hopes the gems and jewellery sector to grow 6-7 per cent per annum and has set at target of $60 billion exports by
GST return: Monthly GST returns to burden professionals–Economic Times–28.07.2017
By Sachin Menon GST impacts almost all types of industries, and professional are no exception. Until recently, professionals enjoyed the benefit of centralised service tax
Startup accelerators need to focus on nurturing India’s next big startups–Economic Times–28.07.2017
Accelerators are more sharply focused on the growth stage, providing startups mentoring as well as financing for shorter durations. Seven years after launching the country’s
Microsoft launches new chat app to help organisations be more productive–Economic Times–28.07.2017
NEW DELHI: Extending its productivity solutions to the mobile space, Microsoft launched its first “Made for India” chat messaging application called Kaizala on Wednesday. The
Personal bankruptcy: Pure pie in the sky–Economic Times–28.07.2017
The government is reportedly working on the rules for personal bankruptcy. This is ambition, indeed. Of course, there is nothing wrong with the concept. The
After being hit by malware attack, BSNL asks broadband users to change password – The Financial Express–28.07.2017
We are advising customers that they should immediately change their passwords, and they should not be worried about using broadband once they have done that,”
Doctor deficit crisis in Delhi bad, but in tier II cities it is much worse – The Financial Express–28.07.2017
How grim the shortage of doctors in the country is evident from the fact that the Indian government has stopped issuing ‘no obligation to return
Bad loan crisis: Before banking on bankruptcy code, lenders should follow a carrot and stick policy – The Financial Express–28.07.2017
The Insolvency & Bankruptcy Code (IBC) has laid down the way forward for lenders to expedite recovery and resolution of stressed assets while maintaining priority
GST an important structural reform, says Montek Singh Ahluwalia – The Financial Express–28.07.2017
Noted economist Montek Singh Ahluwalia has termed the Goods and Service Tax (GST) as an important structural measure which is an extension of the economic
RBI to cut repo rate by 25 bps on August 2: HSBC – The Financial Express–28.07.2017
The Reserve Bank is expected to go for a 25 basis points (bps) repo rate cut in its policy review meet on August 2 as
GST impact: Nearly a month under new tax regime, companies still confused by multiple tax rates – The Financial Express–28.07.2017
Ambiguous rules under the new, multi-rate Goods and Services Tax (GST) tax that went into effect on July 1 have left firms confused on how
Honest taxpayers? Demonetisation impact visible already, GST will add to it – The Financial Express–28.07.2017
The government, it is true, did not get much traction in the post-demonetisation PMGKY amnesty scheme, but going by the increase in the number of
SC allows settlement between parties even after case is admitted under IBC | Business Standard–28.07.2017
The recent Supreme Court order allowing a settlement between parties even after initiation of insolvency proceedings has given new food for thought to bankers, debtors
Is the world economy staging a comeback? | Business Standard–28.07.2017
The world economic picture has not looked so rosy for quite some years. The update of the World Economic Outlook published at the beginning of
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