'Our defence services are in a position to checkmate any Chinese adventurism.'
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
'The manufacturing sector and the capital goods industry need all the support that the government can provide, because they are working in a global market where trade restrictions are coming down every day,' says Amar Kaul.
Raghuram Rajan rejected the argument that inflation has come down largely because of "good luck" stemming from low oil prices.
Prime Minister Narendra Modi will chair a high-level meeting on Tuesday to review the situation in Jammu and Kashmir which is witnessing violent clashes between security forces and protesters in the aftermath of killing of Hizbul Mujahideen's poster boy Burhan Wani.
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The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.
Conversely a rate hike may have positive effects if it triggers currency appreciation.
The compulsions of domestic politics notwithstanding, India and Bangladesh script a new story in bilateral relations, say Nayanima Basu and Aditi Phadnis
'Modi's advent has made the mass of Indians realise that there was absolutely nothing wrong or objectionable in proclaiming nationalism as the masthead of the polity and Hinduism as its centerpiece,' says B S Raghavan, the distinguished civil servant.
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
Despite presiding over scores of factories in what is today India's largest garment exporter with 105,000 employees, Ahuja is a modest man with much to be immodest about. He tells Rahul Jacob that the government needs a free trade agreement with Europe fast to ensure a level-playing field with Bangladesh and Vietnam.
The 74-year-old leader, who describe himself as "a rebel with a cause", earlier served as the country's president from 2005-2015, becoming South Asia's longest-serving leader. He was also prime minister for a brief period in 2018.
'Unless you capture territory and plant your flag, the war is never won.'
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Exemptions, and the fact that farm income is outside the tax net, ensure that India's tax-GDP ratio stays low.
He was admitted to the AIIMS on June 11 with a kidney tract infection, urinary tract infection, low urine output and chest congestion.
Raghuram Rajan said the head of the central bank should have a fixed tenure of more than three years as the current term was too short.
ISB professor Tarun Jain talks to Shobha Warrier/Rediff.com about what the government must do to achieve 8 pc growth.
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
He said the UPA had left the economy in a dire state, with Consumer Price Index and food inflation at double digit, Wholesale Price Index inflation around 6-7 per cent and growth prospects were limited.
'The vocal pacifists who monopolise the media in India need to answer a simple question: Would they have the Taliban or ISIS take over Kashmir or the rest of the country or let the army do its duty so that we are safe in our beds and free to demonise the soldiers in our cozy drawing rooms and television studios,' asks Colonel Anil A Athale (retd).
India still has to go a long way to implement reforms in various sectors.
Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.
If currency controls are maintained indefinitely, popular support for Narendra Modi's demonetisation will turn into dislike, warns Devangshu Datta.
'Today we see the worrisome phenomenon where honest officers who run afoul of the government being chased, hunted down and dirt being dug up on them.'
It makes sense to wait for govt schemes such as gold bonds.
'To bring about a paradigm shift in farmers's income, we need to change our approach to agriculture, and transit from the narrow prism of cultivation to a full-fledged enterprise, by building all associated supply chain linkages.' 'This alone will make the farmer an entrepreneur in his own right.'
'I would like to believe that out of this struggle (to effect climate change) will be born a generation that will be able to look upon the world with clearer eyes than those that preceded it; that they will be able to transcend the isolation in which humanity was entrapped in the time of its derangement; that they will rediscover their kinship with other beings, and that this vision, at once new and ancient, will find expression in a transformed and renewed art and literature.'
Indians are the biggest non-Arab investors in Dubai's real estate market.
Finance Minister Arun Jaitley should not drop the ball on continuing the battle against black money and move towards digital transactions to reduce the preponderance of cash in the economy, says A K Bhattacharya.
In the run up to the general election, Aam Aadmi Party had alleged that RIL's partner Niko Resources was selling KG-D6 gas in Bangladesh for half the $4.2 per million British thermal unit rate that India pays them.
Atul Keshap, a senior Indian American career diplomat and one of the rising stars in the United States foreign service, has been picked by Nisha Desai Biswal, the newly appointed assistant secretary of state for South and Central Asian affairs, to be her deputy.
The ban has been in force since last Friday.
Modi said officers must fix clear targets to improve the country's tax administration by 2022, the 75th anniversary of Independence.
Gotabaya Rajapaksa
Most bankers say they will look at reducing deposit rates from April.
Pharma stocks have performed well after Budget
'The UPA's claim of growth at 9.5 percent was absolute nonsense and a fraudulent claim because the country did not grow; it was only statistical growth.' 'I do believe that when there is a determined leader who wants to bring a desired change, the system will begin acting. Today, people think there is policy paralysis, but there is functional paralysis also.' 'When things start moving, people will invest. Many companies are holding cash, many people are not investing. Nobody is making any move. Everybody is waiting for the elections to get over.' Economist and Swadeshi Jagran Manch convenor Swaminathan Gurumurthy in conversation with Shobha Warrier/Rediff.com
'The best course for India is to wait out the implosion that is bound to take place in Pakistan sooner than later.' 'We have to ensure that the fallings debris from a collapsing State does not damage us,' says Colonel Anil A Athale (retd).
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