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FINANCE BILL 2013
Quote of the day by Jennifer Lawrence: 'When you don't have anybody to take care of you, then you could go...' - motivational lessons on self-reliance, personal growth and how to take charge of your own life by Oscar-winning actress of Silver Linings PlaybookQuote of the day by Jennifer Lawrence: Her quote emphasizes the dual paths of independence: unchecked freedom or self-parenting through dis...
Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...
Movie dialogue of the day by Leonardo DiCaprio: ‘Are you behind your credit card bills? Is your landlord ready to evict you? Your girlfriend thinks you are a loser? I want you to deal with your problems by becoming rich’ - Wolf of Wall Street's dialogue explores wealth, status and validationThe Wolf of Wall Street's iconic quote, 'I want you to deal with your problems by becoming rich,' delivered by Leonardo DiCaprio's Jordan B...
That sinking feeling: Rupee@100 is a mental fear, not macro nightmareThe rupee is under strong pressure due to rising global crude oil prices driven by Middle East tensions, briefly hitting an all-time low of...
As Indians buy pricier phones on EMI, OneAssist bets big on protection plansAs smartphones become costlier and increasingly financed through EMIs, device damage is emerging as a new source of household financial str...
Arvind Panagariya’s advice to RBI: ‘100 is just a number; let rupee depreciate or reserves will bleed out’Arvind Panagariya, Chairman of the 16th Finance Commission, advises the Reserve Bank of India to allow the Indian rupee to weaken. He belie...
US lawmakers seek to undercut Chinese AI and tech sales abroadThe legislation, sponsored by Democrat Jeanne Shaheen of New Hampshire and Republican Pete Ricketts of Nebraska, would create an office wit...
Explainer: Why India's higher tariffs are unlikely to dent gold, silver demandIndia has increased import duties on gold and silver to 15 percent. This move aims to reduce imports and protect foreign exchange reserves....
Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
Canva is leaning on India and Brazil to drive up AI adoptionCanva is transitioning to an AI-native platform, powered by its own foundational models, with India emerging as a key market for its design...
Capital gains on share buyback get new surcharge twist; income tax dept explains what it means for youThe Income Tax Department has clarified a new 12% surcharge on capital gains from share buybacks, specifically for promoters. This change, ...
Retain tax exemption of state PSUs, Sushil Modi tells FMSushil Modi has asked the Centre to remove the clause in the Finance Bill 2013 that seeks to disallow state PSUs from availing income tax e...
- Bihar Finance Bill, 2013 passed by voice vote
Bihar Finance Bill, 2013, proposed to hike the VAT on coal and construction materials among others was passed on Wednesday.
Failure to pay excise, service tax may lead to arrest: Finance Bill 2013As per the provisions, offences relating to excise and customs duty evasion of over Rs 50 lakh would be made cognisable and non-bailable.
Foreign investors looking for certainty of tax regime: Sanjay Kapadia, E&Y'There was clearly uncertainty whether that Mauritius route was really closed down and the tax administration will be after the Mauritius b...
Budget 2013 gives one more year to PF trusts to seek I-T exemptionUnion Budget 2013 has proposed to extend the deadline for seeking exemption certificate by private PF trusts by one year till March 31, 201...
Budget 2013: Commodity punters will be forced to switch from gold to farm betsInvestors and punters in commodities will be forced to exit the futures market or shift part of their funds to agri commodity futures.
- Budget 2013: Govt sets aside Rs 10,000 crore for National Food Security Bill
As expected, finance minister P Chidambaram set aside Rs 10,000 crore in Budget 2013 for incremental cost for National Food Security Bill
- Budget 2013: Tone down penalty structure, suggests OPPI
'The penalty of 2 per cent is very high and is likely to subject the taxpayers to onerous financial hardship. It is recommended that the se...
Budget 2013 will not be populist: EdelweissWith Union Budget 2013 round the corner, market analysts feel that the finance bill will not be populist.