Tag: rules

Finance Minister Nirmala Sitharaman rules out quick recovery for economy

Loknath Das

NEW DELHI : India’s Finance Minister Nirmala Sitharaman said it was too early to say if the slowdown in the economy had bottomed out. Companies are planning new investments after $20 billion worth of corporate tax cuts announced in September, Sitharaman told reporters in New Delhi Friday. Actual investments may take some time to materialize, she said. Prime Minister Narendra Modi’s government has unveiled several steps since August to revive economic growth from the weakest pace since 2013. The surprise decision to lower taxes for companies raised concerns about India’s fiscal discipline, with Moody’s Investors…

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Rules for filing income taxes broadly same for NRIs and residents

Loknath Das

Photo: Pradeep Gaur/Mint I am based in Kenya and am selling a house in Hyderabad, which I had bought in 2007. How will long-term capital gains (LTCG) be taxed? —Sahil Gupta Sale of a capital asset such as a house results in capital gains. When a property has been held for more than 2 years, the gains are referred to as LTCG. Since you purchased this property in 2007, the gains shall be long term for you. The Income Tax Act has laid down the procedure for calculating long-term gains.…

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Travelling with the squad? Follow these 5 rules to avoid fights and have a great trip

Loknath Das

Everything is better with friends. Travel, too. You take back a life back of memories with your gang. However, there are times when everyone has different preferences and doesn’t get along. So, to avoid rotten,grumpy faces of your friends on a holiday, there are few unwritten rules to follow. Every friend group is different, with its own nuances, but if you stick to the following five rules – you’ll likely survive your trip without flouncing from your group WhatsApp in a huff. Identify “the bossy one” early on: There is always one…

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UGC issues draft rules on awarding degrees online, Aadhaar likely to be made mandatory for the courses

Loknath Das

In what might pave way for obtaining degrees online, the University Grants Commission (UGC) has drafted UGC (Online Education) regulations, 2017 and has sought public feedback till August 18. Once the regulations are in place, students and working professionals will be able to obtain a degree online, recognised by the UGC. Institutes will be able to offer online degrees in all fields, except engineering, medicine, dental, pharmacy, nursing, architecture and physiotherapy. At present, the Commission does not recognise any course offered fully online. A student can get a degree by…

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Government visa rules are making Britain a ‘difficult and unattractive’ study destination for international students

subhadip

Robert Spencer/Getty Images The Government’s “damaging” visa policies are making Britain a “difficult and unattractive” place to study for international students, a new report has warned. According to the findings from the Chartered Association of Business Schools (CABS), last year’s business school student intake from outside the EU “fell sharply” by almost nine per cent. This, in turn, could have a detrimental effect on postgraduate taught programmes – such as the MBA – where 52 per cent of students are international. Despite business and administration courses being among the most popular…

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