Author: Ravi Ujji, CA Credibility of Indian economy has been re-established in last 10 months. Economical reforms will decide India’s future and the budget 2015 is for the economic reforms. Even though income tax rates have not changed much with respect to salaried class, higher importance has been given to ...

News Lok Sabha on Monday passed a bill to deal with black money stashed abroad. The bill provides for rigorous imprisonment of up to 10 years for offenders. Earlier, piloting the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015, finance minister Arun Jaitley said there would be short ...

News Eminent banker K V Kamath was today appointed as head of the USD 50 billion New Development Bank being set up by the five emerging economies of BRICS grouping. Kamath will have a five year term of the bank, which is likely to be operationalised within one year. Leaders ...