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Rise in tax rate under GST to increase cost of telecom service

The Indian Government has recently introduced a law increasing the working capital needed to operate in India and this has got the companies in the telecom sector thinking. The goods and services tax structure has been changed as well and the companies are presently assessing the situation before making their next move. There is no sufficient clarity regarding the tax rates and which goods they will be covering. So, the companies are unable to deal [...]

69th Independence Day of India 2015

As 15 August draws near, India begins to gear for the annual celebrations of freedom won at the stroke of midnight on 14-15 August 1947. But beyond the usual celebrations, it is important to try and follow the mood of the people to understand how they feel about the day and what it means for them. The older generation, especially those born around 1947 still feel a strong sense of connect and belonging to the [...]

Indo-US Tax Exchange Agreement

What is FATCA? FATCA is Foreign Account Tax Compliance Act, a law enacted in the United States in 2010. The law aims at combating tax evaders who stash funds in off-shore accounts. The main goal of the FATCA is to source information about US citizens who invest in emerging markets such as India (in financial instruments such as equity and insurance or stash money in bank accounts) to avoid taxes back home. Earlier this month, [...]

August 2, 2015
Best Ways to Beat Stress

How to beat stress? Ask anybody what is bothering her or him.  Chances are that the word ‘stress’ is likely to figure in the top three causes of their affliction.  The word is used to describe a variety of conditions and when one is unable to put a finger on what it is that is ailing her or him, one is likely to ascribe it to stress.  In today’s world where people compete for every available resource, [...]

August 1, 2015
Parliament Logjam Issue Image

The opposition parties have brought a whole swathe of allegations against the BJP’s various Chief Ministers – Shivraj Singh Chouhan and Vasundhara Raje – and External Affairs Minister Sushma Swaraj and demanded their resignation. However, the central government has stated emphatically that just because many allegations have been brought against them, no political authority figure associated with the party will put down his or her papers. This means that the parliament is going to face [...]

Weekly Business News

Markets This Week Following last week’s closing, the Indian equity markets tumbled on Monday and Tuesday. To reclaim the previous week’s closing levels it took the markets three days of hearty trading spiked by good investment news. After three straight days of rallying, the 30 share benchmark BSE Sensex closed the week ending 31 July at 28114.56 points – an increase of only 2.25 points or 0.008 percent over the previous week’s closing at 28112.31. [...]

July 31, 2015
Drishyam Movie Image

Release Date: 31st July 2015 Starring: Ajay Devgn, Shriya Saran, Tabu, Rajat Kapoor, Kamlesh Sawant Directed by: Nishikant Kamat Produced by: Kumar Mangat Pathak, Ajit Andhare, Abhishek Pathak Music by: Vishal Bhardwaj Story by: Jeethu Joseph Duration: 2 hours and 43 minutes Genres: Thriller, Drama Censor Rating: U/A About Drishyam July has indeed been a month of hits and high grossing films, and Drishyam is no less. Based on an original story by Jeethu Joseph, [...]

India Bangladesh Land Swap| India–Bangladesh Enclaves Image

At one minute past midnight on the night of 31 July – 01 August 2015, it will be freedom finally, for the stateless people living in a narrow tract of land between India and Bangladesh. These unfortunate victims of history have lived for 68 years without a national identity, with neither country extending any benefit or services to these people. An unfortunate fallout of Partition in 1947 was that certain enclaves claimed by Bangladesh remained [...]

The dining hall had huge windows and a separate sit out to watch the cattle amble along the banks of Denwa River

Satpura, a lesser known National park, is the prefect luxury getaway, Denwa Backwater Escape. It is truly “luxury in forest: When I heard about the place, I imagined beautiful swimming pools, ornamented villas, never ending skyline, and melodious birds. This dream was fulfilled by my trip to this luxury abode in Madhya Pradesh. Denwa Backwater Escape left me speechless from the moment I stepped into it. The path leading to the resort was a dirt [...]

Home to Hospital Scheme: Ambulance Services in Delhi

Delhi’s AAP government has approved the scheme to provide free ambulance services in the capital. The decision was made recently in a cabinet meeting, the chairperson of which was Delhi’s chief minister Arvind Kejriwal. Name of the scheme The AAP Government has named this scheme as “Home to Hospital” scheme. The services as per the scheme will be provided by Centralized Accident & Trauma Services (CATS), an autonomous body under the Government of NCT of [...]