I-T Goes After Rs 7.7 Trillion Tax Arrears

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved. Illustration: Uttam Ghosh/Rediff.com......

How BJP hopes to gain by taking Kuldeep Bishnoi into its fold

'Neither the Congress will lose anything nor will the BJP gain anything.' Nitin Kumar reports from Chandigarh. IMAGE: BJP national president JP Nadda congratulates newly joined party leaders......

J-K plans mythological theme park near Vaishno Devi shrine

The Jammu and Kashmir administration is planning to set up India's best mythological theme park near the famous Vaishno Devi shrine in Reasi district and has sought investors for the project,......

Serum, Bharat Biotech to get Rs 45 bn for 300 mn vaccines

This will be an upfront payment for the vaccine doses that these two companies will supply to the government.Sohini Das and Dilasha Seth report.   Photograph: PTI Photo. Vaccine manufacturers......

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said. Illustration: Uttam......

'60% of taxpayers will shift to new tax regime'

'Personal income tax is growing by 27 per cent and most refunds have already been issued.' Illustration: Dominic Xavier/Rediff.com "Suppose you are a taxpayer and you have been filing returns and......

'Rs 1.7 trillion may be GST average collection next FY'

'We crossed Rs 1.7 trillion in three months this financial year.' Illustration: Dominic Xavier/Rediff.com Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Kumar Agarwal tells......

'There's a de-emphasis on divestment'

'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.' IMAGE: Finance Secretary T V Somanathan, right,......