'It has remained around 38 per cent over the past four to five quarters.'
The Union government is expecting to rake in Rs 100-200 crore in additional revenue from Pillar Two, only under specific circumstances, a senior finance ministry official said requesting anonymity. It is proceeding cautiously, and is unlikely to implement rules anytime soon, the source said.
Political parties have fielded sons, wives and daughters-in-law of legislators who quit after being elected to the Lok Sabha.
AAP projects its affordable 'health model' as a success story. The BJP calls it a hoax.
The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government official. This excludes dividend from nationalised banks and financial institutions. As on October 21, the Centre collected Rs 28,913 crore as dividend and other investment from CPSEs, accounting for over 50 per cent of the Budget Estimate for FY25.
The government on Friday doubled the limit of Mudra loan amount under the Pradhan Mantri Mudra Yojana (PMMY) to Rs 20 lakh from Rs 10 lakh under a new 'Tarun Plus' category to promote entrepreneurship in the country.
If there is a decline in the number of Indian students pursuing higher studies in Canada due to the ongoing diplomatic tensions between the two countries, it may have implications for Indian banks operating in the North American country, senior bank officials said.
The move, a first in the country after the Supreme Court order, is intended to consolidate the BJP's Dalit outreach in Haryana.
'Focus will be on smaller loan amounts to meet the needs of affordable homebuyers.'
Omar Abdullah will have to negotiate at every step with the lieutenant governor's office and the Modi government at the Centre.
The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.
In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction expenses for buildings meant to be leased. "If the construction of a building was essential for carrying out the activity of supplying services, such as renting or giving on lease or other transactions in respect of the building or a part thereof, which are covered by clauses (2) and (5) of Schedule II of the CGST (Central Goods and Services Tax) Act, the building could be held to be a plant," said Justice Abhay S Oka and Justice Sanjay Karol.
Haryana Chief Minister Nayab Singh Saini has reached out to the SCs and the poor with the accelerated implementation of various schemes, especially the B R Ambedkar housing scheme.
At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.
The outgoing Haryana assembly met for 72 sitting days over five years, or 14.4 days a year on average, against the national average of 23 days for state assemblies in the 2017 to 2023 period, according to an analysis by PRS Legislative Research.
The Group of Ministers (GoM) on goods and services tax (GST) rate rationalisation, which convened in Goa on Wednesday, reviewed the GST rates for over 100 items, including textiles, handloom goods, agricultural products, fertilisers, and educational materials. However, no consensus was reached on any of the items, with further discussions scheduled for next month in Delhi.
The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.
As leaders in both the BJP and Congress concede, neither has within their parties a leader to match Arvind Kejriwal's charisma in Delhi.
The BJP has fielded as many as 10 turncoats, including those who joined the party from the JJP in recent weeks.
Disclosing an individual's income-tax returns is tantamount to violating the person's fundamental right to privacy as recognised by the Constitution.
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