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IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...- Pay new income tax TCS of 1% on these luxury goods above Rs 10 lakh; CBDT issues notificationTCS on luxury goods: The income tax department has issued two notifications specifying the list of luxury goods on which tax will be collec...
- Dummy’s guide to vintage shopping: In the world of fashion, old is new againIn Delhi’s Nizamuddin West, Javed Khan specializes in repairing and selling vintage watches. Vintage shopping is gaining popularity as it e...
- UK inflation holds at 4.0% in relief for BoEConsumer price inflation in the UK remained steady at 4.0% in January, defying expectations of a rise. The stable inflation rate is seen as...
- UK borrowing figures give Hunt some room for tax cutsBritain's government borrowed less than predicted in the first seven months of the financial year, according to data from the Office for Na...
- Dollar slips as data shows US economy near stalling pointThe German composite figure fell to its lowest since May 2020 as a deepening downturn in manufacturing output was accompanied by a renewed ...
- Game, set, matched: decoding the footprint of Indian IT on global sportsIf all the world’s a playground, IT majors are drawing up the rulebook. From sponsoring tournaments to creating apps and websites or provid...
- GST 2.0: Is this the right time? And what kind of reforms do we need?As the GST collection turns robust — an outcome of widening tax base and plugging of leakages — this is the right time to usher in the next...
- UK economy shrinks 0.3 per cent in three months through OctoberOutput by productive industries, which range from manufacturing to mining and energy production, dropped 1.7 per cent in the three months t...
- UK slowdown fears mount as GDP unexpectedly shrinks in AprilGross domestic product contracted by 0.3% after falling by 0.1% in March, the first back-to-back declines since April and March 2020, at th...
- UK economy grows 0.4% amid confidence from vaccine rolloutThe Office for National Statistics said Tuesday that the expansion was led by a 1.3% increase in manufacturing output and a 1.6% boost in c...
- Momentum in online, app-based sales to stay for retailersAccording to experts, now online channel has become "inevitable" for the traditional retailers and would have to push this channel further ...
- E-commerce sales volumes back at pre-Covid levelsThe volume jump in recent weeks was led by the significant uptick in sales of electronics, according to data from Unicommerce, a technology...
- E-comm sales volumes back at pre-Covid-19 levelsFollowing the unlocking of the economy, online commerce companies had projected a temporary surge in sales due to pent-up demand.
- Coronavirus crisis: It's time for India Inc to create opportunitiesWhile India may start seeing disruption in the next few weeks, the crisis could also seed opportunities.
- Amenities to employees outside CTC may trigger GST liabilityGST would be payable by the company if there is a supply to an employee of free goods and services over and above the CTC, which is a stipu...
- Clear Sign of Economic Shocks Since Brexit Vote: George OsborneThe chancellor has been keeping a low profile since Prime Minister David Cameron resigned last week in the aftermath of the referendum.
- Model GST draft puts onus on buyerITC is the amount of tax paid by the buyer on purchases made by him for which the buyer is entitled to claim a credit against the sales sub...
- London housing prices on rise, Bank of England on tenterhooksWelcome to London’s frenzied housing market, where low mortgage rates and a dearth of properties for sale have sent prices rising in a year...
- Asian buyers trigger London housing bubble, fear of unsustainable gains growsSurging London home prices, buoyed by demand from overseas investors and govt initiatives to aid buyers, have prompted fear of unsustainabl...
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