Dilasha Seth &Amp;Amp; PTI

Stories by Dilasha Seth &Amp;Amp; PTI

'I am still greedy'

'I am still greedy'

Rediff.com   14 Aug 2021

'I am very grateful that I am getting such nice parts.'

Rahul Visits Temple, Dargah in Kashmir

Rahul Visits Temple, Dargah in Kashmir

Rediff.com   10 Aug 2021

Rahul Gandhi visits the Mata Kheer Bhawani temple and the Hazratbal shrine in Kashmir.

Covid impact: Imports of digital thermometers rise 2,410%

Covid impact: Imports of digital thermometers rise 2,410%

Rediff.com   27 Jul 2021

From Covid-19 essentials, such as Vitamin C supplements and thermometers, to bicycles, laptops, and personal weighing scales, demand for certain items galloped during last financial year as the pandemic altered what Indians used on a day-to-day basis. Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted. With outdoor activities coming to a halt last year and schools functioning virtually, imports of sports goods witnessed a decline, while inbound shipments of laptops and battery chargers saw a sharp uptick, according to the import data for the financial year 2020-21.

Over 400 top-level posts lie vacant in the Income Tax department

Over 400 top-level posts lie vacant in the Income Tax department

Rediff.com   21 Jul 2021

Amid economic uncertainties owing to the pandemic, the government's key revenue agency, the Income Tax Department, has close to 400 vacancies at commissioner level and above, affecting its functioning. Seventy-three of the 91 chief commissioner positions are lying vacant, with some for more than a year. Chief commissioner is the second-highest post in the department, below principal chief commissioner, which is at par with secretary in a ministry.

Wrestler Ravi carries hopes of Nahri village to Tokyo Olympics

Wrestler Ravi carries hopes of Nahri village to Tokyo Olympics

Rediff.com   19 Jul 2021

The villagers have pinned their hopes for development on Ravi, whose success has much to do with the sacrifices and moral guidance of one man -- his father Rakesh Kumar Dahiya.

Why India may have to withdraw 2% equalisation levy on firms by 2023

Why India may have to withdraw 2% equalisation levy on firms by 2023

Rediff.com   13 Jul 2021

India conceding ground to bring only top 100 digital companies like Google, Facebook, and Netflix into the global taxation pact may have revenue implications. This will mean that New Delhi will have to withdraw the contentious 2 per cent equalisation levy on e-commerce operators by 2023. This may have revenue implications for India, experts pointed out, as the equalisation levy has a much lower annual revenue threshold of Rs 2 crore (euro 0.2 million) as against euro 20 billion agreed by 130 countries at the Organization for Economic Cooperation and Development (OECD). India, along with other developing countries, was pitching for at least euro 1 billion threshold to cover at least 5,000 global entities. India collected Rs 2,057 crore from the equalisation levy in 2020-21, an 85 per cent growth over Rs 1,136 crore in the previous fiscal.

'GST execution has been extremely bad'

'GST execution has been extremely bad'

Rediff.com   10 Jul 2021

'From the tiniest to mid-level organisations and even some at the lower end of the large-scale ones would say that computerisation and the extensive documentation and regulatory requirements for GST have made the compliance process worse in many cases.'

'I just want a fair chance'

'I just want a fair chance'

Rediff.com   2 Jul 2021

'My ethnicity has been my biggest struggle in the industry, a setback in getting me work.'

'I'm willing to give more than Rs 35,000 crores for vaccines'

'I'm willing to give more than Rs 35,000 crores for vaccines'

Rediff.com   8 Jun 2021

'I'll give it to the vaccine manufacturers without guarantees, take the payment in advance and give me the supplies.' 'The moment you give me one lot of supply, I'll give you more.'

'Strong economy attracts investment'

'Strong economy attracts investment'

Rediff.com   8 Jun 2021

'I'm not sure it's a bubble.'

Manpower shortage affects I-T operations

Manpower shortage affects I-T operations

Rediff.com   2 Jun 2021

The vacancies are learnt to be impacting the I-T department's day-to-day functioning.

Sharp slowdown in economic activities; e-way bills @ 1-year low

Sharp slowdown in economic activities; e-way bills @ 1-year low

Rediff.com   18 May 2021

GST mop-up likely to fall in May, June after touching record levels in April and March.

E-way bills likely to fall to 5-month low amid lockdown

E-way bills likely to fall to 5-month low amid lockdown

Rediff.com   11 May 2021

E-way bill generation, which is related to paying Goods and Services Tax (GST) and a key high-frequency indicator of economic activity, may have fallen to a five-month low in April as more cities experience lockdowns due to a surge in Covid-19 cases. In April e-way bill generation may decline to 55-58 million, which is the lowest since at least November. On the higher side, it is a 17 per cent decline over March.

Made-in-America tax plan may hit India's manufacturing firms

Made-in-America tax plan may hit India's manufacturing firms

Rediff.com   3 May 2021

US proposal to raise the global corporate tax rate to 28% from 21% might face resistance from countries unwilling to give up their edge and compete with America on its terms.

Google tax: American IT and steel lobbies back action against India

Google tax: American IT and steel lobbies back action against India

Rediff.com   3 May 2021

The group has called for a retaliatory tariff action against India, if New Delhi does not roll back the 'unilateral and discriminatory' equalisation levy or Google Tax.

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

Rediff.com   29 Apr 2021

They say that a stimulus package may not be necessary because, unlike last year's total lockdown, public transport, including the railways and airlines, is running and the restrictions on movement are localised and, in some cases, are partial rather than total.

Use tech to scale up COVID-19 vaccination: Nilekani

Use tech to scale up COVID-19 vaccination: Nilekani

Rediff.com   20 Apr 2021

'We are the only country in the world where everybody gets a digital vaccination certificate immediately... Then as we open up, as they did yesterday, which I think is a welcome move, you will have lots and lots of points where people will come in'

COVID-19: Rajnath asks armed forces to help states

COVID-19: Rajnath asks armed forces to help states

Rediff.com   20 Apr 2021

It was decided that the senior-most Army officer in a state would get in touch with the chief minister to understand the requirement and take forward the process, including offering to treat civilians wherever possible

Bharat Biotech to produce 700 mn Covaxin doses annually

Bharat Biotech to produce 700 mn Covaxin doses annually

Rediff.com   20 Apr 2021

The Hyderabad-based manufacturer uses a proprietary adjuvant Algel-IMDG, which has now proven to be a safe and effective adjuvant, especially to stimulate memory T cell responses.

10 states account for over 77 per cent of new COVID-19 cases

10 states account for over 77 per cent of new COVID-19 cases

Rediff.com   20 Apr 2021

Maharashtra has reported the highest daily new cases at 58,924. It is followed by Uttar Pradesh with 28,211 while Delhi reported 23,686 new cases, the Union Health Ministry said on Tuesday.