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Shruti Srivastava
About the AuthorShruti Srivastava
    At a meeting in early November, the Department for Promotion of Industry and Internal Trade (DPIIT) asked the aviation ministry if it would be feasible to change the so-called substantial ownership and effective control clause, the person said, asking not to be identified as the details arent public yet.Business
    Foreign control of airlines mulled to push Air India sale

    Doing away with the “substantial ownership” clause will enable an overseas stakeholder weigh in on major decisions...

    4 Dec 2019 1:23 AM IST

    Chinas embassy in Washington did not immediately respond to requests for comment.Business
    Govt plans incentives for 324 foreign manufacturers

    The Prime Minister’s Office is considering the proposal and a decision is expected soon.

    21 Nov 2019 1:09 AM IST

    The budget statement due February may include a proposal to tax dividends once they are paid to shareholders, rather than the current system where the company pays the levy, the people said, asking not to be identified as the deliberations are private.Business
    Dividend tax burden may shift to investors

    A spokesman for the Finance Ministry couldn’t be immediately reached for comment.

    14 Nov 2019 1:38 AM IST

    $1 trillion exports a daunting targetBusiness
    $1 trillion exports a daunting target

    Prime Minister Narendra Modi has pledged to grow India to a $5-trillion economy by 2024.

    13 Sept 2019 1:54 AM IST

    Sops likely for plants moving from ChinaBusiness
    Sops likely for plants moving from China

    Vietnam-like preferential tax rates, tax holiday mulled

    26 Jun 2019 1:45 AM IST

    ‘New govt should ease land acquisition rules’Nation
    ‘New govt should ease land acquisition rules’

    A 2013 law has made acquiring land very expensive and difficult.

    23 May 2019 1:12 AM IST

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