Abhijit Lele &Amp; Vrishti Beniwal

Stories by Abhijit Lele &Amp; Vrishti Beniwal

Wherever you go, tax dept follows

Wherever you go, tax dept follows

Rediff.com   20 Aug 2013

Officials are relying on both formal and informal methods for reaching non-filers.

Now, private power firms may shock banks

Now, private power firms may shock banks

Rediff.com   16 Aug 2013

Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.

Law ministry says e-KYC valid

Law ministry says e-KYC valid

Rediff.com   9 Aug 2013

Finance ministry asks bank, insurance & market regulators to issue notifications

Nod for sovereign bond issue by public sector banks unlikely

Nod for sovereign bond issue by public sector banks unlikely

Rediff.com   2 Aug 2013

Officials asked what the point was in going through banks when the government has to give guarantees.

Consumer durables likely to face higher import duty

Consumer durables likely to face higher import duty

Rediff.com   2 Aug 2013

However, worries on inadequate import and issues for the FTA pacts.

Can't leave too many people out of tax net: Parthasarathi Shome

Can't leave too many people out of tax net: Parthasarathi Shome

Rediff.com   31 Jul 2013

Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.

Seizure of smuggled gold zooms 365% in Q1

Seizure of smuggled gold zooms 365% in Q1

Rediff.com   27 Jul 2013

The rise in illegal imports of the yellow metal has caught the eye of the finance ministry.

'It is possible to have GST by 2014'

'It is possible to have GST by 2014'

Rediff.com   23 Jul 2013

The Empowered Committee of State Finance Ministers got its new chairman on Monday in Jammu and Kashmir's Abdul Rahim Rather.

Public sector banks fear losing good talent to new banks

Public sector banks fear losing good talent to new banks

Rediff.com   19 Jul 2013

Disgruntled executives are already pinning hopes on the new banks, too.

New banks might queer the pitch for state-owned ones

New banks might queer the pitch for state-owned ones

Rediff.com   18 Jul 2013

With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.

I-T dept net catches small transactions, too

I-T dept net catches small transactions, too

Rediff.com   11 Jul 2013

Penalty can be levied at 100-300 per cent of the tax evaded, while tax is imposed at the highest rate of 30 per cent.

Chidambaram may stick to Pranab's line on DTC

Chidambaram may stick to Pranab's line on DTC

Rediff.com   1 Jul 2013

This means taxpayers might continue to enjoy exemption on maturity of their investments

SBI to turn aggressive against defaulting firms

SBI to turn aggressive against defaulting firms

Rediff.com   26 Jun 2013

SBI was slow in filing and following up on winding-up cases.

DIPP likely to expand definition of 'control'

DIPP likely to expand definition of 'control'

Rediff.com   19 Jun 2013

May include 'influencing a company's major policy decisions' in the current meaning.

FII pull outs sway rupee with dollar

FII pull outs sway rupee with dollar

Rediff.com   11 Jun 2013

Significant investors in government bonds FIIs have been net sellers since May 22.

Pace of seeding Aadhaar numbers with bank accounts still a concern

Pace of seeding Aadhaar numbers with bank accounts still a concern

Rediff.com   10 Jun 2013

The biggest problem is that those with Aadhaar numbers aren't coming forward for seeding these with bank accounts.

Inflation-indexation bonds: Not much for retail investors

Inflation-indexation bonds: Not much for retail investors

Rediff.com   4 Jun 2013

They can wait, as RBI has indicated the bonds could be linked to CPI in future.

Chidambaram asks I-T to avoid raids

Chidambaram asks I-T to avoid raids

Rediff.com   3 Jun 2013

Dept to focus on real estate, infra, mining and manufacturing to detect evasion.

UB Group takes lenders to court

UB Group takes lenders to court

Rediff.com   27 May 2013

SBI says recovery process on as no court stay yet.

States refuse to lower duty on mobile phones

States refuse to lower duty on mobile phones

Rediff.com   12 May 2013

Also discuss a proposal to increase the minimum VAT rate to 6% from 5%; no decision taken yet