Business Today latest buzz on business, Indian economy, leadership
Business Today
Buzztop-Feature
Power, energy sectors likely to be hit by tax exemption removal

Around 48,000 companies (out of the 5.6 lakh companies), which account for 42 per cent of the profits, paid tax at less than 25 per cent in 2013/14.

 
 
There is a significant trend being seen in NRI's returning to India and what is heartening to note is that these are not just professionals in the IT space.
Roland S Folger, MD & CEO of Mercedes-Benz India, talks to Chanchal Pal Chauhan about how he attained pole position in India's luxury car market.

Corporates are forced to deconstruct due to their size or diversification, investor engagement as well as strategy and governance issues.
The price of gold declined from a high of more than Rs 29,000 per 10 gm in January 2013 to Rs 25,550 per ten gm (as of December 2).

An empowered committee of state finance ministers had gone for a week's visit to Australia recently to study the implementation of the GST in the country.

The agenda for the present Parliament session includes 19 Bills currently pending for consideration, and passage and introduction of 14 new Bills.
The Noida plant, which would cater to outsourced manufacturing for companies such as HTC, will come up at a cost of $200 million over the next five years.

 
 
Majority of the market expect the RBI to maintain a status quo on Tuesday's monetary policy meet.
The Minister of State for Finance says that any further delay in GST implementation will be a setback for the economy.
The GST aims to cut red tape for taxpayers by replacing an array of central excise and state levies such as sales tax and VAT which currently range from 25% to 30%.
Government must achieve with executive action what it isn't able to ratify through the Parliament.

The foreign exchange controls in Venezuela have made repatriation of funds difficult for Indian pharma companies operating in the country.

Advertisement