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Govt sets terms for business deregistering brands for lower GST

The government today said businesses that want to deregister their brands for availing the benefit of lower GST will have to file an affidavit before the tax commissioner about forgoing the rights. Also, the businesses will have to print in indelible ink on containers in which they are selling cereals, pulses, flours that they have voluntarily foregone actionable claim or ... Read More »

Honda to shift focus from India if government’s push for small car continues

The recent hike in cess on select class of vehicles has not gone down well with manufacturers with Honda hinting that such a move will make India an unattractive market in the long run. The government hiking tax on large cars is an incentive for small car sales. This is making global companies like Honda defocus on India even as ... Read More »

Airfares For US Travel in August Dipped Slightly

Airfare for August travel dipped slightly in the US. (Photo courtesy: AFP Relaxnews/ istock.com/ egorych) New figures reveal that domestic airfares in the US dipped slightly in August compared to the month before. According to stats compiled by the Airlines Reporting Corp, travellers paid an average of $456 for their roundtrip domestic flight during the month of August, compared to ... Read More »

Anything for this: The costs, benefits of life in elite sport

Mara Abbott on her way to a solo stage victory in Stage 9 of the 2015 Giro Rosa. If I had known as a college freshman — entering into adulthood of honing pure excellence in my tiny sphere, with errors and triumphs and struggles all rolled in — if I had known this fate lay ahead, would I have traded ... Read More »

Income Tax Scare For Startups For Issuing Preference Shares At A Premium Over Fair Market Value; Tax Experts Also Under Scanner For Valuation Of Startups

In a tax scare for startups, the Income Tax department has sent notices to startups and unlisted subsidiaries of some major Indian companies and multinationals for raising funds through preference shares in excess of what it considers the fair market value. The department has sent notices to about 200 entities under Section 56(2)(vii)(b) of the Income Tax Act, 1961, in ... Read More »

PayPal shortlists 5 fin-tech startups for India Incubator

Global digital payments company PayPal Holdings, Inc. has shortlisted five fin-tech startups for the fifth edition of its India Incubator Challenge, it said in a media statement. PayPal will be picking up an undisclosed amount of stake in each of the selected startups this year. Launched in 2013 in partnership with The Indus Entrepreneurs, the PayPal Incubator focuses on startups ... Read More »

Four Lessons For The Underdog On How To Win In Business

Shutterstock The biblical story of David and Goliath is one pondered every day by many in the business world who face adversity and adversaries that seem unconquerable. As stories go, this one is captivating because it pits a seemingly weaker opponent, David, against the almighty Goliath, who is self-assured in his size and power and is self-touted as the “invincible ... Read More »

Songs for the eclipse – 10 of the best

. Bonnie Tyler – Total Eclipse of the Heart Songwriter Jim Steinman originally penned his 1983 smash from the point of view of a despondent vampire for a proposed musical he wrote based on Nosferatu. Tyler’s sore-throated vocals perfectly matched the strained drama of Steinman’s music. Together, they created both a great pop song and a staggering piece of kitsch. Either ... Read More »

Harry Potter’s childhood home is for sale for $1.2 million

Harry Potter’s childhood home in the film “Harry Potter and the Deathly Hollows” is on sale for 995,000 euros, or about $1.2 million. The house, which is located in Suffolk, England, is listed with the UK-based real-estate agency Carter Jonas. Here’s a closer look at the enchanting home. [“Source-businessinsider”] Read More »

Google Introduces New Single-Page Website for Business

SEO helps businesses of all kinds optimize their websites to have a presence online. It helps them gain visibility, traffic, and generate leads through business websites that act as a storefront on the web. But what about small businesses? The businesses so small they don’t even need a website? For some small businesses, having a website is more work than it’s worth. For ... Read More »