Hela

Hela February 15, 2019

CBIC Chairman Pranab Kumar Das, who assumed charge last month, said with compliance going up and tax net widening, it won’t be difficult to meet the revenue targets. GST revenue shortfall drags down tax revenue estimates (Representational Image)  |  Photo Credit: Thinkstock New Delhi: Shortfall in GST revenue of an estimated Rs 1 lakh crore has forced […]

Hela February 15, 2019

Apple is one of several American technology giants in the line of fire in Europe over their tax strategies, which see them route their income through low-tax nations such as Ireland or Luxembourg. Apple agrees 500-million-euro tax settlement with France  |  Photo Credit: Indiatimes Apple said Tuesday it had reached an agreement with French authorities to […]

Hela February 15, 2019

The Modi government had implemented the anti-benami transactions law. Confiscated benami assets worth Rs 6,900 crore: Income Tax Department  |  Photo Credit: BCCL New Delhi: The Income Tax Department has confiscated assets worth Rs 6,900 crore till now as part of its action under the anti-benami transactions law, the agency said in a public advertisement on Tuesday. […]

Hela February 15, 2019

Budget 2019: The BJP government is all set to present the Interim Budget on Friday. This might be government’s last chance to woo the salaried and the middle-class and they might dole out these tax incentives. Representative Image  |  Photo Credit: Times Now New Delhi: President Ram Nath Kovind’s address to a joint sitting of Parliament marked […]

Hela February 15, 2019

The Yes Bank stock is up 26 percent on February 14 and the reaction is not unexpected. After ending months of speculation, the bank received the audit report from the Reserve Bank of India (RBI) giving it a clean chit with no divergence. While the incumbent management had been guiding at modest credit cost, thereby expecting minimal […]

Hela February 15, 2019

Legendary fund manager Peter Lynch had once said, “Invest in what you know”. Sharma wakes up in the morning to the alarm on his Apple iPhone or Android phone powered by a Qualcomm chip. He goes for a morning walk or the gym in his Nike or Adidas shoes and his fitness wearable from Fitbit […]