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GST: Exemption list of panel shows error
If something is not taxable at all, can one exempt it? Obviously not. If one does it, it is conceptually meaningless and even absurd. Taking an excise example, it is like saying that free air is exempt. If free air is not taxable, it cannot be exempted by the government. Precisely this type of conceptual error is visible in the exemption list suggested in the Report of the Task Force of the 13th Finance Commission .

Star Union Dai-ichi offers annuity cover with reverse mortgage
Now you can buy an annuity cover on reverse mortgage loans.

News of the day

Tune in, tune out
Some trends of the decade in popular music, encompassing hits, losses, challenges, rivalries, victories, tv, movies — and himesh reshammiya.
Management

Markets slip again

The markets have slipped back into the negative terrian. The Sensex is now down 20 points at 17,466, and the Nifty is down 14 points at 5,211. _____________________________________________________ Wipro, Sterlite, HDFC Bank and Sun Pharma have slipped 1% each. The market breadth has turned marginally negative, out of 2,884 shares traded, 1,418 have declined and 1,368 have advanced so far on the BSE. Among the sectoral indices, oil & gas and the realty inidces are down around 1% each.


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