India and Israel today signed seven agreements to increase cooperation in key sectors like space, agriculture and water conservation after PM Modi held in-depth talks with Benjamin Netanyahu.
ICRA believes that the impact of the current situation on revenue is estimated to be in the region of Rs 100 crore to Rs 150 crore at present.
Promoters of no-frills airline IndiGo will discuss with investors this week its interest in buying Air India as well as the plans for long haul operations.
Air India's largest employees' union will hold its general body meeting here this week to "organise its members for a movement" against the government's decision to privatise the carrier.
Under the Goods and Services Tax, telecom services would be taxed at 18 per cent compared to 15 per cent currently.
GST is India's biggest tax reform in the 70 years of independence and will help modernise Asia's third largest economy.
Here is a timeline showing how the 'one nation, one tax' system was shaped.
Acknowledging that there will be some minor problems when a massive change takes place, he said that things will smoothen out in the times to come.
Owaisi said that economic and tax experts had expressed "lot of concerns" about the Goods and Services Tax.
Many of these items are common purchases for middle-class homes in India.
In many cases it may weigh heavily on your pockets while in others it may soothe the traders’ frayed nerves with input tax credit.
Here's a quick and brief factbox of how the Indian GST compares with its counterparts in Asia.
Because a tax number is needed for a firm to claim a credit on the cost of its inputs, many companies are refusing to buy from unregistered businesses.
The GST will replace about 20 central and state taxes such as factory-gate duties, service and local taxes while unifying $2 trillion economy and 1.3 billion people into a single market.
The bank is also prepared to invest up to USD 5 billion during 2018-22 for infrastructure building to develop East Coast Economic Corridor.