Shine Jacob And Vrishti Beniwal

Stories by Shine Jacob And Vrishti Beniwal

Benefits transfer scheme minus LPG dole a flop-show

Benefits transfer scheme minus LPG dole a flop-show

Rediff.com   31 Jan 2014

Only Rs 3,000 cr has been disbursed. Over 80% of these transfers were for cooking gas subsidy.

I-T dept to use information from banks to nail tax evaders

I-T dept to use information from banks to nail tax evaders

Rediff.com   27 Jan 2014

Details of identity and residence will not be required for exchange of notes between April 1 and June 30.

Divestment, dividend to fetch govt Rs 55,000 crore

Divestment, dividend to fetch govt Rs 55,000 crore

Rediff.com   24 Jan 2014

To check fiscal deficit, government needs to drastically cut Plan expenditure.

Moily effect: Coal India poised for a bright future

Moily effect: Coal India poised for a bright future

Rediff.com   23 Jan 2014

M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.

Korea eyes better banking footprint in India

Korea eyes better banking footprint in India

Rediff.com   7 Jan 2014

The fourth finance ministerial meeting, to be held in New Delhi, will have Finance Minister P Chidambaram from the Indian side and Hyun Oh-seok, Deputy Prime Minister and minister of strategy and finance, from South Korea.

Common return for service tax, excise duty on back burner

Common return for service tax, excise duty on back burner

Rediff.com   6 Jan 2014

Common return for excise duty and service tax was envisaged when 119 services were taxed.

PSU consortium to quit Egyptian petro blocks

PSU consortium to quit Egyptian petro blocks

Rediff.com   2 Jan 2014

This comes even after the Indian ambassador there had said this would affect the interests of other Indian companies.

No magic wand left with Kejriwal to rollback CNG prices

No magic wand left with Kejriwal to rollback CNG prices

Rediff.com   30 Dec 2013

The likely solution that appears before the AAP government is to seek for a higher quota of domestic natural gas for Delhi, which would bring down auto and cooking gas prices.

OilMin to seek higher diesel price increase

OilMin to seek higher diesel price increase

Rediff.com   26 Dec 2013

Ministry to propose a new subsidy mechanism to cap upstream firms' share.

Implementation of tax reforms unlikely before 2016

Implementation of tax reforms unlikely before 2016

Rediff.com   23 Dec 2013

Years of wait before DTC, GST are rolled out

In damage-control mode, UPA may offer pre-poll sops

In damage-control mode, UPA may offer pre-poll sops

Rediff.com   16 Dec 2013

Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.

Economic Survey unlikely in February

Economic Survey unlikely in February

Rediff.com   5 Dec 2013

Survey likely to be tabled in July by the new government.

Sumit Bose likely to head PFRDA

Sumit Bose likely to head PFRDA

Rediff.com   3 Dec 2013

The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.

Govt zeroes in on six firms for divestment

Govt zeroes in on six firms for divestment

Rediff.com   27 Nov 2013

Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore

Govt's proposal to tax the super rich may not find takers

Govt's proposal to tax the super rich may not find takers

Rediff.com   20 Nov 2013

The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.

Half of the traders don't have PAN

Half of the traders don't have PAN

Rediff.com   20 Nov 2013

Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.

Now, energy ratings for LPG stove

Now, energy ratings for LPG stove

Rediff.com   19 Nov 2013

Star ratings would be applicable for diesel pumps in the agriculture sector.

Sebi move on FPI regime grounded

Sebi move on FPI regime grounded

Rediff.com   19 Nov 2013

Revenue dept says changes in I-T Act require Parliament nod; new regime to wait till Budget in June-July 2014.

Biz as usual, The Lalit says it hasn't got closure notice

Biz as usual, The Lalit says it hasn't got closure notice

Rediff.com   17 Nov 2013

Delhi Pollution Control Committee has asked water & electricity providers to cut supply

New bank licences: First-level screening of applications on Dec 16

New bank licences: First-level screening of applications on Dec 16

Rediff.com   15 Nov 2013

Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.