The government will mop up Rs 1,400 crore (Rs 14 billion) this fiscal by taxing the second instalment of arrears due to central government employees, who were awarded increased salaries by the Sixth Pay Commission.
'As a course mate who has followed closely this star on the Bombay Sappers firmament, my heart swells with pride to see his extraordinary brilliance and focus; his commitment and his dedication; his hard work; and his technical as well as tactical knowledge,' says Colonel K Thammayya Udupa (retd) of his batchmate General Manoj Pande who will take over as chief of the army staff on May 1.
At the BSE, 1,879 companies declined, while 685 advanced and 131 remained unchanged.
>All old signposts have been uprooted and milestones bulldozed. New ones have yet to emerge. The old order stands degraded in the new landscape whose contours are indistinct, observes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
What technologies do you fancy in your new car? Here are some popular cars in India with the most sought after technologies.
The bookings under the 'Super Summer Sale' offer will remain open till Wednesday mid-night.
While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local incorporation model, says Raghu Mohan.
A swift recovery in oil demand in India is not only helping the stability of the global market, it is giving huge fiscal headroom to the government in terms of additional excise duty.
With consumers staying indoors and e-commerce firms extending their reach to a larger number of pin codes, these giants have snatched a larger share from the offline traders this season.
Is Christmas a good time to release big films?
From market leader HP and premium player Apple to China's Lenovo and Asus, all major brands in the market are witnessing rapid surge in the demand for notebooks.
The affiliated units of the Board of Control for Cricket in India might have a reason to rejoice in the coming months as the International Cricket Council's revamp in the revenue distribution structure will mean an additional cash bonanza to the tune of Rs 15 crore for them to develop the game.
In what could trigger another interest rate war, the Punjab National Bank has announced an array of concessions under its festival bonanza including 0.50 per cent cut in housing loans at 7.75 per cent.
The triangle that connects Venezuela, Brazil and Guyana attracts a huge number of illegal gold and diamonds prospectors who dream of changing their lives overnight by finding a huge bonanza.
The device with a QWERTY keypad was earlier priced at Rs 24,990.
A probe into the fraud had revealed that the main accused, Shiv Raj Puri, then a Citibank relationship manager at its Gurgaon Branch, was offering to its clients fabricated investment schemes with guaranteed high returns and received signatures on blank fund transfer forms.
Hurdles ranging from erratic taxes throttling special export zones to a cash crunch and clogged ports are killing exports.
HFDC Ltd on Saturday unveiled a Diwali bonanza offering home loans at 7.75 per cent for up to 20 years under floating basis.
Far from benefitting consumers, the new rules on roaming charges have opened another front in the battle between large and small operators.
After six weeks into the second half, the faltering offline channel, which traditionally rakes in 60 per cent of sales for the market, has become the biggest hurdle towards the path of revival.
Offering a bonanza for train travellers, Railway Minister Pawan Kumar Bansal announced that the Indian Railways will start new trains.
In a triple bonanza for India, it will host the World Twenty 20 Cup competition in 2016 and World Test Championship 2021, both for the first time, and the 50-over World Cup for the fourth time in 2023, the International Cricket Council (ICC) announced in London.
Five people in the know narrate the sordid story that is fast exploding into a pornography scandal, allegedly involving businessman Raj Kundra.
Until now, the compensation for non-executive directors was just Rs 21 lakh.
In a bonanza to the farming community, the government on Monday announced loans at interest rate of four per cent -- three per cent less than market rate.
Feedback from telecom members indicated a 10 per cent increase in traffic, but no fears of choked networks. Telcos currently use 65-70 per cent of the network capacity. In other words, they have enough additional capacity to handle the new pressure without clogging the system.
Videocon's Venugopal Dhoot has become the most successful maverick in oil and gas business in India.
The first three days of the Kochi-Muziris Biennale registered roughly 10,000 footfalls with a chunk of them at the Aspinwall House in Fort Kochi, according to organisers of the three-month art bonanza.
If you take a 15-year period, the tax rates have increased at a higher rate than inflation.
The card offers special features like multiple reward points, weekend bonanza points, petrol surcharge waiver and 500 special gift reward points to be credited annually on the Teachers day, HDFC Bank said in a statement.
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
The requirement of one million units would entail a huge market for firms such as HCL Infosystems, Geodesic, VeriFone, Visiontek and others manufacturing micro-ATMs.
Sixty-five former cricketers, including the legendary Sunil Gavaskar, have been invited by the Board of Control for Cricket in India for the IPL play-offs, during which they will be handed cheques as a part of the Board's one-time benefit payment.
Why does the richest cricket board in the world pay its players peanuts for official matches, thus paving the way for making IPL their real cash bonanza, asks Sanjay Jha
Around 160 domestic and international cricketers who have retired before 2003-04 will be awarded cash bonanza as part of the BCCI's one-time benefit scheme from the IPL surplus money, a gesture which would cost the Board Rs 70 crores.
The ONGC announced a cash bonanza for players who will win medals at the London Olympics with gold medal winners to get Rs 25 lakh while silver and bronze medallist will get Rs 15 and Rs 10 lakh respectively.
War ticks all the components of a masala action entertainer, there's not a single dull moment.
The Reserve Bank of India has already notified interest subsidy of two per cent for handicrafts, handlooms, carpets and small and medium exporters.
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