Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com ......
Are we so ready to believe that in this country whose virtues we constantly shout from the rooftops, there is no single person -- other than Modi -- in a minimum of 272 elected MPs with the talent......
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the......
The Finance Ministry is unlikely to tinker with the 10 per cent Minimum Alternate Tax (MAT), the amount companies getting tax exemptions pay on their book profits, despite the industry chambers'......
To reassure foreign investors on tax policies, top government functionaries on Wednesday held meetings with foreign institutional investors, but refused to relent on Rs 40,000 crore (Rs 400......
'The original provision will be restored. AMT is meant only for those claiming deductions, not for firms earning regular income like capital gains,' a senior government official said.......
Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Illustration: Dominic Xavier/Rediff.com Foreign private companies paid 24.36 per cent of......
Bringing some cheer to the industry, Finance Minister Pranab Mukherjee on Monday lowered the surcharge tax limit on corporate tax to 5 per cent from 7.5 per cent, even while marginally raising the......