Under 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

The Bills are primarily aimed at helping the MSME sector and small traders, Finance Minister Piyush Goyal said while introducing these in the Lok Sabha

ASK Wealth Advisors says 5 million, CMIE's estimate is 2 million and Ghosh & Ghosh said it was 7 million!

Assembly elections coming up in November and December could offer a window of opportunity to the government to make GST attractive through rate cuts.

However, if the rupee depreciates much, the economy in dollar terms would be that much smaller.

PMI 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.

Ahmedabad-based crypto firm Kali Digital Ecosystems' plea against the ban will be heard on July 20.

From 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.

Businesses are still taking time to adjust in the new tax regime, which would weigh on growth rates for the financial year closing today.

'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.'

Upgradation to the new product (from Infosys) will stabilise by this month-end

If 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.

"Growth is expected to moderate gradually in China... pick up in India, and remain broadly stable in the Asean-5 region."

7 million jobs will be created in formal sector in FY18

On 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.

Panel formed to simplify return-filing process, take feedback from stakeholders, experts

'There were lots of functionalities the Group of Ministers asked us to incorporate.'

The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08

Govt squeezed capital expenditure, and also cut revenue expenditure, that does not go into creating assets, by 11% in H1

NITI 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.