Don’t misuse I-T laws, tax rates already low: CBDT to industry

CBDT Chief Sushil Chandra today asked the industry to refrain from misusing provisions of laws to evade taxes, saying the effective tax rate for big companies is already 26 per cent on account of various exemptions. He said the industry should act more responsibly than the salaried class in paying taxes and help build a tax compliant society. “I More...

by Loknath Das | Published 4 months ago
By Loknath Das On Wednesday, January 31st, 2018
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TRAI slashes mobile number portability charges to Rs 4 from Rs 19 per porting

Keeping in view the upsurge in mobile number portability (MNP) requests, the Telecom Regulatory Authority of India (TRAI) has decided to slash its rate to Rs 4 per successful porting from Rs 19 earlier. The TRAI More...

By Loknath Das On Thursday, January 18th, 2018
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Probing windshield cracks on Air India Dreamliners, says Boeing

Aerospace manufacturer Boeing is examining the issue of windshield cracks on its 787 Dreamliners after Air India witnessed three such incidents in the recent past. Earlier this month, a Delhi-Kolkata plane was More...

By Loknath Das On Tuesday, December 26th, 2017
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Consumer internet industry slows, but maintains a steady course

The next phase The two big tasks ahead for the consumer internet industry is to acquire new customers and grow the monthly active customer base Flipkart’s successful fund-raise revived investor sentiment, More...

By Loknath Das On Tuesday, December 26th, 2017
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Bad loans take centre stage in banking industry

Less risky option: As large and mid corporate loans continued to turn sour, risk-averse banks pushed less risky retail loans, such as home and auto loans Policy to deal with NPAs, and the passage of FRDI Bill, More...

By Loknath Das On Tuesday, December 26th, 2017
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A Look at the Ever-Changing Car Industry in India

In the old days, owning a car was considered a status symbol but now it is a convenience that everyone has easy access to. Whether you are driving to office or dropping of your children at the school, cars have More...

By Loknath Das On Monday, December 4th, 2017
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How Marketing Must Evolve as Smart Devices Impact the Industry

Each December, Fjord nails its colors to the mast with a report detailing what we predict will be important in the year ahead. Our new 2018 Trends report (out on Dec. 12), includes a focus on why forward-thinking More...

By Loknath Das On Monday, December 4th, 2017
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How startups can profit from smart digital marketing and metrics

Digital media acts as the perfect tool for a new company that is looking to market its products or services. Here are ways you can actively harness the medium for your startup. Startups, an essential part of the More...

By Loknath Das On Thursday, November 16th, 2017
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The shipping industry needs to clean up its act. Here’s where it can start.

Just north of the U.N. climate talks in Bonn, Germany, a group of shipping industry leaders gathered — well, where else? — on the water. An elegant river cruise ship, the Rhine Fantasy, was transformed More...

By Loknath Das On Thursday, November 16th, 2017
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Rafale deal will benefit India’s defence industry, not just one firm: French diplomat

 Dassault Aviation SA’s pact with India to sell 36 Rafale medium-range multi-role fighter aircraft would benefit a number of companies which are part of the country’s defence manufacturing industry and not More...