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US designates Al Qaeda in Indian subcontinent as terror group

The United States on Thursday designated Al Qaeda in the Indian subcontinent, a regional branch of the global terror network, as a "foreign terrorist organisation" and added its chief Asim Umar on......

Over 5,300 arrested in Bangladesh in anti-terror crackdown

More than 5,300 criminal suspects, including 85 militants, have been arrested in Bangladesh as part of an intensified crackdown on Islamists to halt a wave of brutal attacks on minorities and......

Amount paid on share buyback to be treated as dividend and taxed in hands of shareholders: FM

Finance Minister Nirmala Sitharaman on Tuesday said buyback of shares will be taxed in the hands of shareholders similar to dividend from October 1, a move that will increase the tax burden on......

GST@7: Challenges But Collections Surge

Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.......

Why Petroleum Products Are Not Under GST

Adding petrol and diesel to GST was a challenging task due to their significant role as revenue generators for both the central and state governments. Photograph: Francis Mascarenhas/Reuters......

IT firms' work for int'l clients may not always attract IGST

Services provided by Indian information-technology (IT), marketing, and consulting companies to foreign clients may not always draw integrated goods and services tax (IGST) if a ruling by the......

Shares given as gift may escape capital gains tax

If shares are transferred as a gift, there may not be capital gains tax on them, provided a recent Bombay high court ruling sets a precedent. Illustration: Dominic Xavier/Rediff.com In a case......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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