tax
Developing countries ignoring cryptocurrency at their own risk: UN
August 17, 2022
Despite the warnings by the Reserve Bank of India about cryptocurrencies and the ambivalent response of the Indian government towards cryptocurrencies, a large number of Indians have already acquired these digital assets, says a report by the United Nations. The United Nations Co...
Read MoreAirline Stocks Fly High in a Sweet Spot
October 31, 2017
Backed by strong fundamentals, the Indian aviation stocks are soaring high and are likely to attain greater heights as key players open their war chests in pursuit of a bigger slice of the growing market pie. The Indian aviation sector is witnessing a new horizon underneath the b...
Read MoreIndia highlights ease of doing business reforms for World Bank
June 13, 2017
As the World Bank prepares to assess India's renewed policies to compile a new yearly report of the ease of doing business index, India highlights a few glitches in the assessment system that overlooked imperative reforms in the last report.
Read MoreUnion Budget 2017: India on the path of remonetisation
February 3, 2017
After the Indian government has started wheeling the remonetisation mechanism enduringly, banks and ATMs are witnessing a flow of currency. However, the authorities are urge the citizens to go cashless and it was reflected on the budget this year, which was centralised at spendin...
Read MoreDemonetisation of currency bills causes chaos within India and beyond
November 11, 2016
The sudden announcement by Indian Prime Minister Narendra Modi on the new measure of demonetisation to deal with black money and fake currency bills has left the country divided.
Read MoreFour-tier Goods and Services Tax structure approved in India
November 5, 2016
A four-tier Goods and Services Tax (GST) structure that was proposed by the GST council headed by the Indian Finance Minister, Arun Jaitley, in October this year, was passed on November 3
Read MoreCoca-Cola sales down in India
October 28, 2016
Even after the summers were harsh and long in India, Coca-Cola experienced a downfall in sales of fizzy soft drinks as people in India switch to healthier alternatives.
Read MoreFour-tier GST bill structure proposed in India
October 19, 2016
The Goods and Services Tax (GST) Council headed by the Indian Finance Minister, Arun Jaitley, proposed a four-tier GST bill structure and rates on the first day of the GST meeting that is scheduled to run from October 18-20.
Read MorePM Modi talks strongly against black money at G20 summit
September 6, 2016
Indian Prime Minister Narendra Modi raised the issue of black money and tax evasion at the G20 Summit in China on Monday, advocating for member countries to take appropriate actions against financial corruption.
Read MoreGoods and Services Tax bill in India gets a go-ahead
August 10, 2016
Ever since the first proposal of the Goods and Services Tax (GST) Bill in India in 2005, there has been a lot of delay and amendments. But after years of revisions, after the Bill was passed by Indian Parliament, it finally gives way to make all transactions liable to a unified t...
Read MoreIndia’s equalisation levy on Google and Facebook
June 1, 2016
Facebook, Google and other transitional online firms are now liable to pay an equalisation levy for all the digital services they provide in India. Will it solve the tax inconsistency related to the e-commerce or aggravate the complexity for mid-scale enterprises in India? Althou...
Read MoreGlobal consultant report
April 30, 2016
Indian companies based in Britain are boosting the growth rates in the country with huge foreign direct investment and creating massive job opportunities. This finding comes from global consultant Grant Thornton UK. Some of the interesting findings from the ten page report points...
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