Parthasarathi Shome

Reintroduce wealth tax as a small tax, simplify declaration form: Parthasarathi Shome

Parthasarathi Shome is of the view that higher income tax on the super-rich should be embedded in the tax structure…

March 12, 2015 02:36 IST

It has to handle burning cases if it is to be relevant

Updated: December 8, 2014 16:33 IST

Corridors of Power: Getting the missing taxpayers

Reasonable tax rates with bare minimum exemptions is the best recipe, Jaitley should look at reviving the original DTC which…

Updated: December 5, 2014 05:56 IST

Latest News

IPO, phonepe, walmart, google pay, Reserve Bank of India, RBI

IPO-bound PhonePe’s revenue rises 40% in FY25, losses narrow

IPO-bound PhonePe posted 40% revenue growth in FY25 to Rs 7,115 crore, led by payments and a threefold jump in…

By FE Bureau

Business

September 22, 2025 21:26 IST

Doctors could be exempt from Trump’s $100,000 H-1B Visa Fee

H-1B visa shakeup: Doctors may avoid $100,000 fee amid backlash

H-1B visa fee: Doctors have expressed alarm that the fee could severely limit the number of skilled professionals entering the…

By Shubham Chhabra

Business

September 22, 2025 21:21 IST

‘I did that…I don’t care about that’: Sahibzada Farhan on provocative gun-firing celebration in Dubai

India won the Super 4s match by six wickets to continue their stranglehold over the traditional rivals in multilateral tournaments,…

By Shaurya Agarwal

Sports

September 22, 2025 21:05 IST

‘How long will you drag these cases?’: Supreme Court says ‘time to decriminalise defamation’

The Supreme Court of India had passed a pivotal verdict upholding the validity of criminal defamation in 2016 — paving the…

By Anwesha Mitra

India News

September 22, 2025 21:00 IST

The initial public offering (IPO) of GK Energy Ltd, solar-powered agricultural water pump systems provider, got subscribed 2.57 times on the first day of bidding

GK Energy’ Rs 464-crore IPO garners 6.41 times subscription on 2nd day

The Pune-based firm’s offering is a combination of fresh issue of shares worth Rs 400 crore and an offer-for-sale (OFS)…

By PTI

IPO

September 22, 2025 20:58 IST

Indices fall as H1-B visa fee shock hits IT stocks

H-1B visa fee hike triggers sharp sell-off in IT stocks, wiping out Rs 83,547 crore in market cap. Nifty IT…

By Kishor Kadam

Market

September 22, 2025 20:53 IST

Saatvik Green Energy IPO fully subscribed

At the upper end, the Haryana-based company is valued at around Rs 5,910 crore. The company’s public offering is a…

By PTI

IPO

September 22, 2025 20:52 IST

Exports, US, Trump, economy, trade, smartphones, pharma, petroleum

Exports to US drop, exempt sectors hardest hit

India’s exports to the US fell 22.2% between May–August, led by a 58% plunge in smartphone shipments despite zero tariffs.…

By FE Bureau

Economy

September 22, 2025 20:40 IST

Want a glowing skin this Navratri? Expert shares step-by-step guide to nail every festive makeup look

Navratri 2025 is here! Follow this day-wise guide to achieve Korean-glow skin and picture-perfect festive makeup looks.

By Pallavi Mehra

Life

Updated: September 22, 2025 20:52 IST

Ganesh Consumer Products IPO opens today: Valuation, GMP, and top 5 key details you can’t miss

Ganesh Consumer IPO receives 12 pc subscription

Ganesh Consumer’s Rs 409 crore public offering will be available for subscription till September 24. The price band has been…

By PTI

IPO

September 22, 2025 20:34 IST

Related News

GST 2.0: Royal Enfield Hunter, Bullet, and Classic now cost less than Apple iPhone 17 Pro Max

GST 2.0 comes into effect: Royal Enfield Hunter, Bullet, and Classic now cost less than Apple iPhone 17 Pro Max

Canada PGWP application, PGWP denied, PGWP eligibility, part-time study, foreign students,

Canada PGWP denied as court upholds IRCC decision against Indian student

Facing H-1B green card hurdles, Canada-based manager chooses India Over US for career growth

Canada-based manager rejects US move due to H-1B and green card process, considers India, says ‘I don’t want my career to…’

Karnataka government plans a bill to regulate and revolutionise wages for cooks, maids and others. (Image Source: PTI)

Bengaluru households may need to pay 5% welfare fees for hiring maids, drivers, cooks under new Karnataka bill

OPT program, OPT Tax, US study visa, foreign students, foreign workers, US immigration, HIRE Act,

US OPT tax push coincides with 25% outsourcing penalty on US companies

Indices fall as H1-B visa fee shock hits IT stocks

Market39 min ago

The implementation of Goods and Services Tax 2.0 led to a significant consumption boost in the market, but the 20-fold hike in H1-B fees caused a 0.5% decline in benchmark indices. The Nifty IT Index plunged 2.95%, with the top 10 IT companies losing ₹83,547 crore in market capitalisation. The market sentiment and volatility also saw a spike, with investor wealth eroded by ₹1.24 lakh crore.

View all shorts