Jyoti Mukul, Vrishti Beniwal

Stories by Jyoti Mukul, Vrishti Beniwal

States await Centre's nod for foreign trips

States await Centre's nod for foreign trips

Rediff.com   24 Jul 2012

Prime Minister Manmohan Singh seems to be sitting on the proposal, while requests continue to flow in from states to add more names to the delegation.

Show us the money, don't sit on it: Govt to rich PSUs

Show us the money, don't sit on it: Govt to rich PSUs

Rediff.com   18 Jun 2012

Says invest Rs 1.2 lakh cr or offer special dividend or give surplus cash back.

Celebration follows speculation in finance ministry

Celebration follows speculation in finance ministry

Rediff.com   16 Jun 2012

As finance ministry officials remained glued to news flashes on the LCD screens in their rooms, others were constantly monitoring news on the web. The support staff got its share of the news feed by keeping a close watch on politicians visiting North Block, reports Vrishti Beniwal

Barring funeral, almost every service will be taxed

Barring funeral, almost every service will be taxed

Rediff.com   8 Jun 2012

From second homes and AC rail travel to private tutors, astrologers and marriage-makers come under the tax net

State-run insurers asked to raise premiums

State-run insurers asked to raise premiums

Rediff.com   31 May 2012

The finance ministry has asked state-run general insurers to increase premiums on health insurance, motor and other policies, and refrain from undercutting each other to get new business.

Diluted Insurance Bill coming up

Diluted Insurance Bill coming up

Rediff.com   7 May 2012

FDI cap may remain intact at 26% as Cabinet takes up legislation this week.

GAAR may be put off by a year

GAAR may be put off by a year

Rediff.com   4 May 2012

Tax amount of Rs 10-15 crore may be the threshold above which rule could be invoked

Vodafone tax demand may exceed Rs 200 billion

Vodafone tax demand may exceed Rs 200 billion

Rediff.com   25 Apr 2012

After the enactment of retrospective amendments to the Income Tax Act next month, the government may ask Vodafone to pay in excess of Rs 20,000 crore (Rs 200 billion) -- more than two and half times the tax amount the telecom major was "advised to withhold" on its $11-billion deal with Hutchison in 2007.

Govt hits back at Vodafone, terms its notice premature

Govt hits back at Vodafone, terms its notice premature

Rediff.com   19 Apr 2012

A finance ministry official said Vodafone had threatened arbitration against something that had not happened. He said the UK-based telecom company was presuming it might happen.

CBDT pegs tax refunds at Rs 1.25 lakh crore

CBDT pegs tax refunds at Rs 1.25 lakh crore

Rediff.com   17 Apr 2012

Higher online filing of returns that is expected in the ongoing financial year will enable faster processing of claims and hence a further increase in refunds.

Low-cost bank branches under lens

Low-cost bank branches under lens

Rediff.com   12 Apr 2012

To ensure its financial inclusion drive is not restricted to meeting branch opening targets, the Union finance ministry is to ask banks for a performance report of the 'ultra small' branches set up in the past two years in about 73,000 villages.

She-change in energy sector; Hilton to head Shell India

She-change in energy sector; Hilton to head Shell India

Rediff.com   12 Apr 2012

Mehta's exit and Hilton's entry would see the company making history in India, where women have remained out of the chairperson's slot in energy companies, private or state-run.

Ministry may dial Hutch on Vodafone tax demand

Ministry may dial Hutch on Vodafone tax demand

Rediff.com   27 Mar 2012

A senior income tax department official in the know of the discussions to have taken place in the finance ministry said the ministry was looking into the issue as a possible option.

Reality show hosts, IPL players in tax net

Reality show hosts, IPL players in tax net

Rediff.com   19 Mar 2012

The next time Amitabh Bachchan hosts Kaun Bangea Crorepati or Sachin Tendulkar hits a ton in an Indian Premier League match, the taxmen may come knocking on their doors.

Service tax net may widen

Service tax net may widen

Rediff.com   6 Feb 2012

Budget likely to list tax-exempt items as finance ministry, states agree

Subbarao's multi-recipe problem

Subbarao's multi-recipe problem

Rediff.com   5 Jan 2012

The question is which tool it should use to shift gear.

Switching banks without changing a/c number soon

Switching banks without changing a/c number soon

Rediff.com   2 Jan 2012

The idea is to save customers the inconvenience of opening and closing bank accounts or keeping multiple accounts if they have to shift to a new location or find their bank's services unsatisfactory.

SBI, 14 other banks to get  Rs 16k-cr funds by March

SBI, 14 other banks to get Rs 16k-cr funds by March

Rediff.com   30 Dec 2011

More than one-third of this amount (Rs 6,000 crore or Rs 60 billion) is likely to go to the country's largest lender, State Bank of India, while the demand for most other banks is less than Rs 1,000 crore (Rs 10 billion) each.

Mid-sized firms' tax boom busts gloom theory

Mid-sized firms' tax boom busts gloom theory

Rediff.com   26 Dec 2011

Pay healthy advance tax, but can't make up for large companies' volumes.

GST: Industry to make case in Nov 28 meet

GST: Industry to make case in Nov 28 meet

Rediff.com   16 Nov 2011

Wants all services included in tax, with a negative list.