It is that time of the year, when every taxpayer from the salaried class to high net-worth individuals, is on 'high-alert'. The simple formula is to file your tax returns, and breathe easy. And it is best done on time, writes Debobrat Ghose.
Worried about a demand notice from the Income Tax (I-T) department under section 245 of the I-T Act, even after tax has been deducted at source from your salary? Relax. It is no longer tough to sort out the matter, thanks to a recent order of the Delhi High Court, writes Debobrat Ghose.
Taking a cue from global food majors like McDonald’s that introduced the aloo-tikki burger and vegetarian variants for Indians, PepsiCo — now led by Indian-born Indra Nooyi — is looking to break into the Rs 700-cr ready-to-cook breakfast market in India with a similar push.
If you are a self-employed professional, a businessman or the owner of a company, you need to compute your income correctly while paying advance tax as well as tax deducted at source (TDS). Debobrat Ghose
Finance minister P Chidambaram in his forthcoming budget is likely to give complete income tax (I-T) exemption for five years to micro and small enterprises (MSE) units, established by first generation entrepreneurs. Debobrat Ghose
Hari Shankar Singhania, patriarch of the Delhi branch of the JK Group, was part of a famous triumvirate of first cousins — comprising, besides himself, Gaur Hari Singhania and Vijaypat Singhania — that led the combined group to the No. 3 position in the hierarchy of Indian business houses. Debobrat Ghose
The Income Tax department (I-T) has begun investigating as a multi-organ entity by coordinating with other directorates for faster prosecution of HSBC Geneva account holders. Debobrat Ghose reports.
If you are earning an annual salary of Rs 15 lakh and above, chances are that you may need to get a mandatory authentication certificate from CAs while filing your ITRs from next year. Debobrat Ghose
reports. Where things stand now
| How the rupee flows out
Finance minister is likely to invoke stringent penal action against tax theft, concealment of incomes, black money. Debobrat Ghose reports.
Oats, the bland breakfast cereal considered good for the heart, blood pressure and the immune system, has undergone an Indian makeover. Debobrat Ghose reports.
The book-selling business in India is getting a new makeover with strategies now being chalked out at the breakfast table, similar to corporate round tables. Debobrat Ghose reports.
Taking into account finance minister P Chidambaram’s emphasis on increasing priority sector lending, the standing advisory committee of the RBI has recommended for setting up of credit processing cells. Debobrat Ghose reports.
An organic drug made from Indian herbs to enhance male libido and gradually address erectile dysfunction (ED), is the next big thing from Organic India Limited, the manufacturers and exporters of India’s first packaged organic green tea, reports Debobrat Ghose.
Thailand plans to open its first India regional office in Mumbai with an eye on wooing Indian investors and increasing its economic presence in the country.
The government could add as much as two percentage points to the country's growth story if it manages to implement the nationwide Goods and Services Tax (GST), Naina Lal Kidwai said in New Delhi today. Debobrat Ghose reports.
Small entrepreneurs may soon get access to credit at a lower interest rates, as the Reserve Bank of India has allowed Small Industries Development Bank of India (SIDBI) to go for external commercial borrowing (ECB) to fund micro, small and medium enterprises (MSMEs), Debobrat Ghose reports.
Forget cricket, the India-Pak peace process is now changing the game to golf and that too, between men who have fought wars with each other in the past. Debobrat Ghose reports.
Management guru Robert S Kaplan, credited with innovative practices — ranging from Balanced Scorecard to time-driven Activity-Based Costing — says the most challenging time for a leader is when things go bad. The Marvin Bower Professor of Leadership Development — Emeritus, Harvard Business School (USA) speaks to HT on leadership development. Excerpts.
Extension of its brand ‘Sanchi’ from silverware gifts to premium diamond, gold and silver jewelleries this season, has catapulted the sale of MMTC Limited-- the largest international trading company of India and the largest supplier of gold creating a new record today on Dhanteras. Debobrat Ghose reports.
The government’s efforts to give a boost to trading in shares of small and medium enterprises (SME) through stock market platforms seem to have failed to strike a chord with investors.