Taxation of restaurant supplies was fairly simple and straightforward till 2011, when service tax was imposed on air-conditioned and centrally-heated restaurants. Till such time, restaurants across the country levied
The Reserve Bank today said bank accounts will not become inoperative if a dividend cheque has been credited in it in the previous two years.
"Since dividend on shares is
Indian banks can now issue Tier 2 capital with a minimum original maturity of 5 years as against 10 years previously, the Reserve Bank of India (RBI) said in a
Private insurer HDFC Life today launched a health insurance product – Health Assure Plan - that aims to provide a comprehensive health cover.
The plan offers reimbursement of medical expenses
State-run United Bank of India today became the first lender to declare debt-ridden Kingfisher Airlines and its promoter Vijay Mallya as wilful defaulters.
"We have declared Vijay Mallya and three
As Prime Minister Narendra Modi sought greater investments from Japan, financial sector giant Nippon Life today said it will partner Anil Ambani-led Reliance Group for a proposed 'Reliance Bank' and
The rupee is trading at 60. 5075/5150 near its previous close of 60
A Reserve Bank of India (RBI) ban on Indian banks buying new issues of infrastructure bonds has handicapped Prime Minister Narendra Modi's chances of gathering billions of dollars needed for
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William D. Green
Chairman & CEO, Accenture