Finance - general
PAN holders with no Aadhar can also file I-T returns: SC
09 Jun 2017
The apex court said Parliament was well within its right to enact a law linking PAN and Aadhar, but stayed the provision for those who do not have an Aadhar number, even as it left rights to freedom issues to a larger Constitution bench
India signs OECD convention to plug tax treaty loopholes
09 Jun 2017
The convention will help modify India’s existing treaties to curb revenue loss through treaty abuse and Base Erosion and Profit Shifting strategies by ensuring that profits are taxed where substantive economic activities generating the profits are carried out
RBI keeps rates unchanged; decides to wait and watch
07 Jun 2017
RBI governor Urjit Patel on Tuesday said there are a lot of ‘moving pieces’, including the monsoon, consumer inflation, input and wage costs and the rollout of the Goods and Services Tax (GST), the risks of which are yet to play out
US Supreme Court limits SEC’s power to recover ill-gotten profits
06 Jun 2017
With the apex court’s decision, the 10th Circuit Court of Appeals ruling that ordered Charles Kokesh to pay $34.9 million in profits, allegedly misappropriated from four business development companies from 1995 to 2009, stands reversed
GST Council clears all rules; states agree on 1 July roll-out
03 Jun 2017
Biscuits to attract 18 per cent tax, footwear 5 per cent and gold 3 per cent, as GCT Council finalises rates and rules
People more likely to seek friends’ advice for money decisions rather than “robo-advice”
31 May 2017
People more likely to seek friends’ advice for money decisions rather than “robo-advice”
31 May 2017
People more likely to seek friends’ advice for money decisions rather than “robo-advice”
31 May 2017
Demonetisation made economy leaner by Rs5,00,000 cr: report
25 May 2017
The Indian economy is running with Rs5,00,000 crore less of cash than would have been present in the economy in the absence of demonetisation
GST to bring down prices of smartphones and medical devices
23 May 2017
The present total tax incidence on smart phones works out to more than 13.5 per cent against 12 per cent proposed in GST, while medical devices will see a lower tax burden with 12 per cent GST rate against the current incidence of over 13 per cent
GST Council finalises tax rates for services
19 May 2017
Education and healthcare will be fully exempt from GST, while a 5 per cent tax will be levied on services like cab aggregators, 18 per cent tax on telecom and financial services and 28 per cent rate on services like race clubs, betting and cinema halls
GST to make essentials cheaper; luxury items to attract 28% tax
19 May 2017
With no tax on essentials such as cereals, foodgrains, milk and jaggery, 5 per cent tax on items like sugar, tea, coffee, edible oil and coal and a maximum 18 per cent levy on hair oil, toothpaste and soap, GST is expected to push down prices and inflation
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Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
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US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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