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FY24 direct tax to GDP ratio may be highest since FY01

FY24 direct tax to GDP ratio may be highest since FY01

Rediff.com19 hours ago

On the back of robust tax collection, the ratio of direct taxes to gross domestic product (GDP) this financial year is likely to be the highest in this century so far. This, along with strong goods and services tax (GST) collection, may drive up receipts from central taxes as a proportion of GDP to the highest level or close to the highest since 2008-09 despite subdued excise and customs duty receipts. This will be due also to lower nominal GDP projected in the first advance estimates for 2023-24.

The Politics Of The Bharat Ratna

The Politics Of The Bharat Ratna

Rediff.com1 days ago

Most politicians and even non-politicians have been honoured because of what they were purported to be electorally worth for the ruling party of their time, argues N Sathiya Moorthy.

The Politics of Population

The Politics of Population

Rediff.com1 days ago

In the Interim Budget, Finance Minister Nirmala Sitharaman announced that a high power committee would be set up to consider the challenges arising from 'fast population grown and demographic changes.' 'But who wants data? It pays to feed people's fears, insecurities and apprehensions. If such fears don't exist, they must be created,' her husband Parakala Prabhakar says in this fascinating excerpt from his book, The Crooked Timber of New India: Essays on a Republic in Crisis.

Bharat Ratna to Advani emphasizes his role in BJP's rise

Bharat Ratna to Advani emphasizes his role in BJP's rise

Rediff.com4 days ago

The Bharat Ratna for him comes nine years after the honour was bestowed on former prime minister Atal Bihari Vajpayee. The two leaders together spearheaded the journey of the Jana Sangh and then the BJP for over five decades.

ED moves court after Arvind Kejriwal skips 5th summons

ED moves court after Arvind Kejriwal skips 5th summons

Rediff.com4 days ago

The complaint was filed before Additional Chief Metropolitan Magistrate Divya Malhotra, who put up the matter for further hearing on February 7.

'You will see more Muslims getting ticket from BJP'

'You will see more Muslims getting ticket from BJP'

Rediff.com7 days ago

'The tragedy with Indian Muslims is that they do politics from the heart, not from the head.'

'Israelis have no morals, no ethics'

'Israelis have no morals, no ethics'

Rediff.com29 Jan 2024

'How can you shoot somebody raising a white flag, even if he's a fighter, when he's surrendered?'

How India celebrated 1st Republic Day

How India celebrated 1st Republic Day

Rediff.com26 Jan 2024

Iconic public buildings, parks and railway stations dazzled with lights on the night of January 26, 1950 turning the capital city into a "fairyland".

FY24 per capita income growth may be one of lowest in 21 yrs

FY24 per capita income growth may be one of lowest in 21 yrs

Rediff.com24 Jan 2024

Growth rate in per capita income is projected to fall to the lowest in 21 years this financial year - except for the financial years 2019-20 (FY20) and 2020-21 (FY21) - according to the first advance estimates. During the last 21 years, the two periods - FY20 and FY21 - saw growth rates in per capita income lower than 7.9 per cent, seen during FY24. This was despite the real gross domestic product (GDP) being projected to grow by 7.3 per cent in the current financial year by the first advance estimates.

'Emotion is missing in today's times'

'Emotion is missing in today's times'

Rediff.com23 Jan 2024

'You have to fight your own battles and I fought mine.'

EPL: Brighton leapfrog Man United into seventh spot

EPL: Brighton leapfrog Man United into seventh spot

Rediff.com23 Jan 2024

Brighton midfielder James Milner, who made his Premier League debut in 2002 at age 16, passed Ryan Giggs into second in all-time league appearances on Monday with 633 matches. He needs 20 more to equal Gareth Barry's record.

From 1528 to 2024: A 500-year timeline of Ram temple

From 1528 to 2024: A 500-year timeline of Ram temple

Rediff.com22 Jan 2024

Here is the chronology of events in the Ayodhya Ram temple issue.

Bilkis Bano convicts surrender at Godhra jail

Bilkis Bano convicts surrender at Godhra jail

Rediff.com22 Jan 2024

The 11 convicts are Bakabhai Vohania, Bipin Chandra Joshi, Kesarbhai Vohania, Govind Nai, Jaswant Nai, Mitesh Bhatt, Pradeep Mordhiya, Radheshyam Shah, Rajubhai Soni, Ramesh Chandana and Shailesh Bhatt.

PIX: Captain Rohit hits the nets

PIX: Captain Rohit hits the nets

Rediff.com21 Jan 2024

Ahead of the first Test against England, Indian skipper Rohit Sharma has started sweating it out in the nets.

Why is India's cotton dream turning sour?

Why is India's cotton dream turning sour?

Rediff.com21 Jan 2024

A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop's prospects in the 2024-25 season that starts in October. Addressing the association's annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest. The fear of a decline in acreage comes against the backdrop of India's cotton production probably falling to its lowest in a decade, according to estimates.

SC refuses to give Bilkis convicts more time to surrender

SC refuses to give Bilkis convicts more time to surrender

Rediff.com19 Jan 2024

A bench of Justices B V Nagarathna and Ujjal Bhuyan said the reasons cited by the convicts have no merits.

U-19 World Cup: India eye winning start vs Bangladesh

U-19 World Cup: India eye winning start vs Bangladesh

Rediff.com19 Jan 2024

Having won their first trophy in 2002 under Mohammad Kaif, Indian teams have have since gone on to win the U-19 World Cup in 2008, 2012, 2018 and 2022.

5 Bilkis convicts move SC, seek more time to surrender

5 Bilkis convicts move SC, seek more time to surrender

Rediff.com18 Jan 2024

The top court on January 8 had quashed the Gujarat government's decision to grant remission to 11 convicts in the case, saying the orders were 'stereotyped' and passed without application of mind.

'Why are they interested only in Gujarat fake encounters?'

'Why are they interested only in Gujarat fake encounters?'

Rediff.com18 Jan 2024

The Gujarat government told the Supreme Court on Thursday that the petitioners who have sought a probe into the alleged fake encounters in the state from 2002 to 2006 need to explain the reasons for their "selective public interest" in raising the issue.

Watch Konkona's Killer Magic On OTT

Watch Konkona's Killer Magic On OTT

Rediff.com18 Jan 2024

Some of her best films are not available on streaming platforms, but Deepa Gahlot looks at her Hindi cinema oeuvre on OTT.

Former tennis star Vicario given suspended jail term

Former tennis star Vicario given suspended jail term

Rediff.com17 Jan 2024

Former Spanish tennis star Arantxa Sanchez Vicario has been given a suspended jail term for fraud, a court in Barcelona said on Wednesday.

SIP Top-Ups Can Create More Wealth

SIP Top-Ups Can Create More Wealth

Rediff.com17 Jan 2024

SIP top-ups are especially beneficial for young investors, who may start with a small SIP installment and grow it over their working careers, says Dwaipayan Bose.

'This Is A Judgment For The Ages'

'This Is A Judgment For The Ages'

Rediff.com16 Jan 2024

'The Supreme Court has now demonstrated its capacity to right its own wrongs, and to place the rule of law above all else.'

Prabha Atre: The Hindustani vocalist who followed no tradition

Prabha Atre: The Hindustani vocalist who followed no tradition

Rediff.com13 Jan 2024

Prabha Atre, the woman who could have been lawyer, scientist or doctor but became a globally renowned Hindustani classical vocalist instead, died in her Pune home on Saturday hours before she was to leave for a concert in Mumbai. She was 92.

Doyenne of classical music Dr Prabha Atre dies at 92

Doyenne of classical music Dr Prabha Atre dies at 92

Rediff.com13 Jan 2024

Atre, a torch-bearer of the Kirana Gharana of Hindustani classical music, had been honoured with all three Padma awards by the Indian government.

Bilkis convicts must never be set free again: Eyewitness

Bilkis convicts must never be set free again: Eyewitness

Rediff.com12 Jan 2024

'All the convicts must be either hanged for or they must be kept behind bars for the remainder of their lives. Only then justice will be served'

David Miller picks ideal batting position for T20 World Cup

David Miller picks ideal batting position for T20 World Cup

Rediff.com9 Jan 2024

South Africa batter David Miller picked his preferred spot in the Proteas T20 World Cup setup as well as what they need to do as a team in order to enjoy a successful tournament.

'Azaadi ka amrit kaal was used to grant remission to rapists'

'Azaadi ka amrit kaal was used to grant remission to rapists'

Rediff.com9 Jan 2024

'I see this judgment as a chance to say 'Boo' to the dark. But we shouldn't lose sight of the larger darkness that we have to keep fighting in everyday ways.'

'Gujarat govt must give Bilkis Bano security'

'Gujarat govt must give Bilkis Bano security'

Rediff.com9 Jan 2024

'I learnt today that Bilkis Bano had to change her house after these people were released as some of them lived in her vicinity.' 'This was an injustice to her, she had to do this under duress.'

'Why did the government go out on a limb for these 11 men?'

'Why did the government go out on a limb for these 11 men?'

Rediff.com9 Jan 2024

'What did these men mean to the government? What does its support for these men say about this government?'

I can breathe again: Bilkis Bano reacts to SC verdict

I can breathe again: Bilkis Bano reacts to SC verdict

Rediff.com8 Jan 2024

In a statement issued through her lawyer Shobha Gupta, Bano thanked the top court for the verdict and said, "Today is truly the New Year for me." "I have wept tears of relief. I have smiled for the first time in over a year and half. I have hugged my children. It feels like a stone the size of a mountain has been lifted from my chest, and I can breathe again," Bano said.

Will Maharashtra govt grant remission to Bilkis rapists?

Will Maharashtra govt grant remission to Bilkis rapists?

Rediff.com8 Jan 2024

The 11 convicts in the case of gang-rape of Bilkis Bano and murder of seven of her family members during the 2002 communal riots in Gujarat can approach the Maharashtra government with request for remission of their sentences.

RBI gives clarity to 'politically exposed persons' term to meet FATF norms

RBI gives clarity to 'politically exposed persons' term to meet FATF norms

Rediff.com8 Jan 2024

The Reserve Bank of India (RBI) has updated Know Your Customer (KYC) norms for politically exposed persons (PEPs) who transact with regulated entities (REs), seeking to comply with the recommendations of intergovernmental organisation Financial Action Task Force (FATF). PEPs are individuals entrusted with prominent public functions by a foreign country, including the heads of states/governments, senior politicians, senior government or judicial or military officers, senior executives of state-owned corporations and important political party officials, said the RBI. This change is expected to provide more clarity to undertake Customer Due Diligence (CDD), said the RBI in a communication to REs.

Stereotyped: What SC said about Gujarat's remission order

Stereotyped: What SC said about Gujarat's remission order

Rediff.com8 Jan 2024

Supreme Court judgement pronounced on Monday quashing the Gujarat government's decision to grant remission to 11 convicts in the case of gang-rape of Bilkis Bano and murder of seven of her family members during the 2002 riots in the state, said the orders were "stereotyped".

Gujarat had no jurisdiction to release Bilkis rapists: SC

Gujarat had no jurisdiction to release Bilkis rapists: SC

Rediff.com8 Jan 2024

"When an authority does not have the jurisdiction to deal with a matter or it is not within the powers of the authority i.e. the State of Gujarat in the instant case, to be the appropriate Government to pass orders of remission under Section 432 of the CrPC, the orders of remission would have no legs to stand," it added.

Why Supreme Court entertained Bilkis Bano's petition and not send her to HC

Why Supreme Court entertained Bilkis Bano's petition and not send her to HC

Rediff.com8 Jan 2024

The Supreme Court on Monday held as maintainable the PIL filed by Bilkis Bano, who was gang-raped while seven of her family members were killed during the 2002 communal riots in Gujarat, against the state government's decision to grant remission to 11 convicts in the case.

Bilkis Bano case: SC says Gujarat govt 'usurped power'

Bilkis Bano case: SC says Gujarat govt 'usurped power'

Rediff.com8 Jan 2024

The Gujarat government was "complicit and acted in tandem with one of the convicts", the SC said.

SC cancels release of Bilkis Bano rapists, orders them to surrender

SC cancels release of Bilkis Bano rapists, orders them to surrender

Rediff.com8 Jan 2024

The Supreme Court on Monday quashed the Gujarat government's decision to grant remission to 11 convicts in the case of gangrape of Bilkis Bano and murder of seven of her family members during the 2002 riots in the state, saying the orders were "stereotyped" and passed without application of mind.

Bilkis Bano case: SC to deliver verdict on convicts' remission on Mon

Bilkis Bano case: SC to deliver verdict on convicts' remission on Mon

Rediff.com6 Jan 2024

A bench of Justices B V Nagarathna and Ujjal Bhuyan had on October 12 last year reserved its verdict after an 11-day hearing on the petitions, including the one filed by Bano.

Bihar cricket: Factionalism rears ugly head again

Bihar cricket: Factionalism rears ugly head again

Rediff.com6 Jan 2024

Factionalism is nothing new to Bihar cricket and the ugly infighting that has been running well over two decades has robbed the state of some notable talents, besides attracting the ire of the BCCI.

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