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Real benefit of GST will be visible in 12-18 months
Rediff.com

Real benefit of GST will be visible in 12-18 months

GST making you anxious? Here is a fact-check on how new tax will impact you. Illustration: Dominic Xavier/Rediff.com. The goods and services tax (GST) has caught the nation’s fancy -- which is somewhat unprecedented for a change in tax regime. However, despite all the efforts made by the government to demystify GST, people continue to be anxious (and confused) about whether the tax will be a game changer for every household. My aim is to give a thumbnail sketch of the potential ... Rediff.com, 1 month ago
How GST affects your household expenses Rediff.com, 1 month ago
'Nobody is fully prepared for GST' Rediff.com, 1 month ago
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Being liberal in #NewIndia

'How you live serves as a much better track record than your timeline,' says Mitali Saran.Illustration: Dominic Xavier/Rediff.com There was a moment, in the aftermath of the terrorist attack on Amarnath Yatris in Jammu and Kashmir when it seemed as if social harmony in India might be in serious trouble. But, of course, it was just one more piece of kindling tucked into what is already a raging conflagration. On Twitter the next day, the right was aquiver with rage -- but over liberals, not ...
 Rediff.com3 weeks ago
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IT layoffs: Silver Lining for techies

'The good news is the technology industry is creating a space for you somewhere else.'Illustration: Dominic Xavier/Rediff.com Nasscom, the apex body of information technology companies in India, has said while per capita employment in the IT sector is declining, the employment opportunity outside the sector is increasing. The industry body plans to research the impact of technology in other areas, Nasscom President R Chandrasekhar said. Due to automation and other technology, per capita ...
 Rediff.com3 weeks ago
Rediff.com

Food quiz: Can you read a menu?

Test your knowledge of culinary terms. Arm yourself for an evening of dining out. Illustration: Dominic Xavier/Rediff.com Are there certain terms on an average restaurant menu that flummox you? Menu writers, these days, seem to speak a flowery language all of their own, peppered with new-fangled terms that are guaranteed to confound, not clarify. Would like to order a Potato Croustade Topped with Crumbled Chicken Bacon? Or do you prefer being served a Caprese Salad with a Balsamic ...
 Rediff.com3 weeks ago
Rediff.com

Why some things work in India, and some don't

'The two-word answer is: Proper oversight,' says T N Ninan.Illustration: Dominic Xavier/Rediff.com The India of the 1980s and 1990s had many dreams: Private TV by satellite or cable, instead of drab old Doordarshan with its government propaganda; modern corporate hospitals that looked like hotels, just like those in America; world-class highways built by private construction companies and not by the CPWD (central public works department); and efficient, privately-run power stations that would ...
 Rediff.com4 weeks ago

On the anvil: IndiGo 2.0 with low-cost Air India

At the heart of the strategy is the basic fundamental of keeping costs for long-haul flights low. Illustration: Dominic Xavier/Rediff.com. A philosophical Rakesh Gangwal -- a veteran at running international airlines -- invoked Shakespeare, cited the example of five international carriers to justify the case for acquiring Air India’s international business through which IndiGo wants to foray into long-haul, low-cost operations. At the heart of it was the basic fundamental of keeping ...
 Rediff.com1 month ago
Rediff.com

When to exit expensive insurance policies

You can exit Ulips after five years, says Priya Nair.Illustration: Dominic Xavier/Rediff.com In the tax filing season, many people go ahead and buy insurance policies just to save some tax. And it is only after a couple of years that they realise that the policy is too expensive to maintain. Worse still, there are situations when you realise that a market-linked product is giving extremely low returns vis-a-vis your equity fund, simply because of the high costs. Many financial planners would ...
 Rediff.com2 months ago
Rediff.com

How scammers cheat online shoppers

Be cautious when purchasing from little-known Web sites, advises Tinesh Bhasin. Illustration: Dominic Xavier/Rediff.com With shoppers perpetually on the hunt for bargains online, scammers have begun to lure them with attractive offers and discounts. It's only after an individual receives a counterfeit product or doesn't get a delivery at all that he realises he has been cheated. Abhyuday Agarwal, a 29-year-old entrepreneur, came across an advertisement on a social network site that offered ...
 Rediff.com2 months ago

Firing your buddy? Remember company first, friendship later

It is important to establish a professional boundary with your friend at work, says Sanjana Ray. Illustration: Dominic Xavier/Rediff.com While we are encouraged to harbour a dazzling team spirit and maintain good relationships with everyone we work with, it's time we understand the difference between being 'friends' and being 'professional friends'. When it comes to the former, the friendship expands to the world outside the office space and we take a personal interest in the concerned person ...
 Rediff.com2 months ago
Rediff.com

'80-90% of real estate developers will shut down'

'And the top 10 per cent will grow because they have to serve the market.'Illustration: Dominic Xavier/Rediff.com Piramal Enterprises' market capitalisation has grown 120 per cent in the past year to Rs 45,029 crores (Rs 450.29 billion), largely on robust growth from its non-bank finance corporation business. Ajay Piramal, chairman of the Piramal Group and the Shriram Group, spoke to Abhineet Kumar on his plans. Do you expect revenue from your financial services business to overtake revenue ...
 Rediff.com2 months ago
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