All stories by Indivjal Dhasmana
Sachin finally gets tax relief on his Pune property
Rediff.com15 Aug 2018Under the I-T Act, if a person has more than one property, one of them may be treated as given on rent even if it is vacant
To simplify GST returns, govt introduces 4 Bills in Lok Sabha
Rediff.com8 Aug 2018The Bills are primarily aimed at helping the MSME sector and small traders, Finance Minister Piyush Goyal said while introducing these in the Lok Sabha
Er, how many jobs were actually created in the non-farm sector in 2017?
Rediff.com24 Jul 2018ASK Wealth Advisors says 5 million, CMIE's estimate is 2 million and Ghosh & Ghosh said it was 7 million!
Will GST 2.0 lead to changes in tax rates?
Rediff.com16 Jul 2018Assembly elections coming up in November and December could offer a window of opportunity to the government to make GST attractive through rate cuts.
India hopes to be 3rd largest economy by 2030, behind US and China
Rediff.com15 Jul 2018However, if the rupee depreciates much, the economy in dollar terms would be that much smaller.
Amid inflation worries, June manufacturing sees fastest growth in 2018
Rediff.com3 Jul 2018PMI went up from 51.2 points in May to 53.1 in June. Owing to the June figure, PMI for manufacturing stood at 51.9 points in the first quarter of 2018-19 against 51.8 points in the fourth quarter of 2017-18.
RBI bar on cryptocurrencies challenged in SC
Rediff.com20 May 2018Ahmedabad-based crypto firm Kali Digital Ecosystems' plea against the ban will be heard on July 20.
How filing GST returns has changed in 10 months
Rediff.com10 May 2018From filing 37 returns a year when the Goods and Sales Tax was first introduced in July last year, the process has undergone major changes as the GST Council considered and implemented various models to ease the pain for assessees. Here's a recap of how the process has changed in 10 months.
'2017-18 was a defining year for Indian economy'
Rediff.com31 Mar 2018Businesses are still taking time to adjust in the new tax regime, which would weigh on growth rates for the financial year closing today.
Why govt banks will not be privatised
Rediff.com28 Mar 2018'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
PNB likely to face teething problems while upgrading system
Rediff.com19 Feb 2018Upgradation to the new product (from Infosys) will stabilise by this month-end
A golden advice for all equity investors
Rediff.com6 Feb 2018If an equity share is purchased before January 31, 2018, at Rs 100 and the highest price quoted on January 31, 2018, in respect of this share is Rs 120, there will be no tax on the gain of Rs 20.
Finally some good news! IMF, World Bank peg 2017-18 GDP at 6.7%
Rediff.com23 Jan 2018"Growth is expected to moderate gradually in China... pick up in India, and remain broadly stable in the Asean-5 region."
Job situation in India is not all that scary
Rediff.com17 Jan 20187 million jobs will be created in formal sector in FY18
Meeting fiscal deficit target won't be easy for Jaitley
Rediff.com10 Jan 2018On the basis of Budget projections, the Centre needs Rs 7.3 trillion revenue during December-March and its expenditure must be limited to Rs 6.7 trillion.
Over 40 lakh assessees file GST returns for October
Rediff.com22 Nov 2017Panel formed to simplify return-filing process, take feedback from stakeholders, experts
'No glitches on the GSTN portal'
Rediff.com9 Nov 2017'There were lots of functionalities the Group of Ministers asked us to incorporate.'
MNCs breathe easy; SC offers them tax relief
Rediff.com3 Nov 2017The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08
How govt plans to control fiscal deficit
Rediff.com3 Nov 2017Govt squeezed capital expenditure, and also cut revenue expenditure, that does not go into creating assets, by 11% in H1
'The scare caused by fiscal deficit numbers is quite wrong'
Rediff.com3 Oct 2017NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.