Another asset class emerges for investment – gold mining companies
The rising gold prices have fancied investors attention and is being increasingly looked on as an part of portfolio.
India
News, Analysis & Opinion about Indian Business
Dealing with Income Tax Scrutiny
Modus Operandi of Income Tax Scrutiny The main objective of the IT officer during scrutiny is to make sure that the income shown in the return is real and there is no tax evasion.
Income Tax Scrutiny — more returns to be under strict scanner
It seems that the government is all set to make Income Tax more complex and wipe away transparency from it.
Reliance Industries may become $100 billion market cap firm
If you are thinking that there is very little left in terms of appreciation in Reliance Industries especially the stupendous returns it has given post demerger and split with Anil Ambani, then there is some food for thought.
Windows Vista Launch at Taj Mahal in Agra Puts Microsoft in a Spot
Microsoft organized a dance performance inside the Taj Mahal in Agra to celebrate the launch of Windows Vista and Office 2007 suite in India.
Latest instructions and clarifications for filing ITR Forms
The CBDT has recently issued a circular specifying instructions and clarifications on furnishing of returns in the new ITR forms: It is mandatory for the proprietory and partnership firms, which are tax auditable u/s 44AB and companies (other than claiming exemption u/s 11) to electronically furnish the return of income/fringe benefits.
Mumbai to have a floating “Planet Hollywood” restaurant
This is purely for the rich and elite, and Mumbai fits the bill perfectly as it hosts all the rich and famous of India whether its Bollywood stars, corporate tycoons, cricketers and politicians.
Demat account – now also a source of rental income
While SEBI is busy framing rules and laws for streamlining the investment in shares, the smart investors manage to find out some or the other way to outdo the norms.
Future Media – changing face of Indian advertising
Future Group is betting big on development of retail media spaces through Future Media. It has launched the first retailer-owned channel in India called Future TV currently being aired at Big Bazaar, Pantaloon, Central, Food Bazaar and Home Town stores in Mumbai, Delhi and Bangalore.
The Amount of Time People Spend Watching Television
Despite the dramatic growth of internet video sharing sites like YouTube, TV viewing isn’t heading south.
Best Business Blogs in India – Thank You Times Online
Though our India Inc. website is still a young baby, we are extremely delighted to find that the site has been picked by the Times Online UK as one of the best business blogs in India.
Economics of conducting a Formula One race in India
For India’s Formula One racing fans, finally there may be some good news in the offing.
Tower Business – Value unlocking for telecom companies
With the offloading of 5% stake in Reliance Tower Infrastructure Ltd by Reliance Communications to 7 financial investors valuing the tower business of the company at astonishing Rs.27000 crore, the analysis has now shifted as to how the tower business would contribute in the growth of telecom companies.
Real estate majors turn focus on middle-income housing
India’s leading real estate players, DLF and Unitech are considering building homes that could sell for Rs.10 lakh to fulfill the demand of mass housing created as a result of economic growth.
Indian cellular market – Future scenario
According to a Gartner report, after China, India would be fastest growing mobile telephony market in Asia Pacific with revenues slated to increase at a CAGR of 18.4% to reach $25 billion in 2011 from current $9 billion.
Delhi Stock Exchange to become first regional stock exchange to be demutualised
The Delhi Stock Exchange (DSE) lying defunct since 2004 may soon start trading once again. It is looking at diluting 51% stake to 11 investors.
Yahoo! Enters Pay-Per-Click Advertising Market in India with Tyroo
While little is known about the launch of Yahoo! Panama in India, Yahoo! today joined hands with Tyroo Ads – an internet advertising company focused on Indian websites.
Jajah in India: Cheap International Phone Calls on Landline or Mobile
Jajah India allows you to make or received international phone call using the traditional landline or mobile phone without the computer or internet.
Income Tax returns filing date not to be postponed
FM has clarified that July 31 will be the last date for filing returns thereby ruling out any postponement, and requested taxpayers not to delay the filing process.
Biometric PAN cards – A safety drive against duplicate PAN
The finance ministry in the coming months is completely going to reform the PAN card by issuing biometric smart card which contains cardholder’s fingerprints, retinal and iris scan making duplication almost impossible.