News for 'Accounts Department'

Beware The American Deep State

Beware The American Deep State

Rediff.com11 Dec 2024

Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.

Will budget for agri research get a big boost this year?

Will budget for agri research get a big boost this year?

Rediff.com28 Jan 2025

Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.

Link PAN with Aadhaar by May 31 or pay higher TDS

Link PAN with Aadhaar by May 31 or pay higher TDS

Rediff.com28 May 2024

The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid tax deduction at a higher rate. As per income tax rules, if a Permanent Account Number (PAN) is not linked with biometric Aadhaar, TDS is required to be deducted at double the applicable rate. Last month, the income tax department issued a circular stating that no action will be taken for short deduction of TDS in case the assessee links his/her PAN with Aadhaar by May 31.

Senthil Balaji's appointment as minister terribly wrong: SC slams TN govt

Senthil Balaji's appointment as minister terribly wrong: SC slams TN govt

Rediff.com20 Dec 2024

The Supreme Court of India expressed concern over the appointment of DMK leader V Senthil Balaji as a minister in the Tamil Nadu government despite pending money laundering cases against him. The court questioned the state government's decision, stating it is "terribly wrong" to appoint a person as a minister while facing legal proceedings. The matter has been adjourned to January 15, 2025.

Do You Need To Get A New PAN Card?

Do You Need To Get A New PAN Card?

Rediff.com29 Nov 2024

First things first: For those wondering if they need to reapply, the answer is no.

Flood submerges 30 Bihar districts, 45 lakh hit in two phases of deluge

Flood submerges 30 Bihar districts, 45 lakh hit in two phases of deluge

Rediff.com4 Oct 2024

More than 45 lakh people in 30 out of the total 38 districts of the state have been affected by the calamity in two phases since last month, according to the Disaster Management Department.

CPSE dividend likely to cross record FY24 tally

CPSE dividend likely to cross record FY24 tally

Rediff.com29 Oct 2024

The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government official. This excludes dividend from nationalised banks and financial institutions. As on October 21, the Centre collected Rs 28,913 crore as dividend and other investment from CPSEs, accounting for over 50 per cent of the Budget Estimate for FY25.

Seamers help Pakistan win first ODI series in 22 years

Seamers help Pakistan win first ODI series in 22 years

Rediff.com10 Nov 2024

Shaheen and fellow quick Naseem Shah led the way, picking up three wickets apiece during a showcase of swing and pace, which accounted for Jake Fraser-McGurk (seven) and Aaron Hardie (12) in the first powerplay.

Flyers wait inside IndiGo Doha flight for hours at Mumbai airport

Flyers wait inside IndiGo Doha flight for hours at Mumbai airport

Rediff.com15 Sep 2024

Passengers of an IndiGo flight from Mumbai to Doha waited inside the aircraft for more than four hours as the flight was delayed due to a technical issue on Sunday.

Nadda's Twitter account hacked, seeks crypto donations for Ukraine

Nadda's Twitter account hacked, seeks crypto donations for Ukraine

Rediff.com27 Feb 2022

"It is now under control. We are speaking with Twitter to ascertain the exact reason," a party leader said.

Money Courses To Help Earn Up To Rs 2 Cr

Money Courses To Help Earn Up To Rs 2 Cr

Rediff.com13 Sep 2024

Pratham Barot, CEO and co-founder, Zell Education, explains how specialised courses in finance can help you earn a cushy six-figure salary.

Pak ex-prez Musharraf's UP land auctioned for Rs 1.38 cr

Pak ex-prez Musharraf's UP land auctioned for Rs 1.38 cr

Rediff.com6 Sep 2024

Baraut's sub-divisional magistrate Amar Verma confirmed Musharraf's grandfather lived in Kotana.

After row, Maha govt withdraws order to allocate Rs 10cr to Waqf board

After row, Maha govt withdraws order to allocate Rs 10cr to Waqf board

Rediff.com29 Nov 2024

The development comes a day after a government resolution (GR) was issued, in which the state administration ordered disbursal of Rs 10 crore funds for strengthening the state Waqf Board.

'Want To Take Everybody's Ideas To Space'

'Want To Take Everybody's Ideas To Space'

Rediff.com8 Jan 2025

'To access our satellite, you don't need any IQ test, you don't need to write an examination.' 'You can be a Class 1 student, an engineering student, a 60-year-old person, anybody can access our satellite.'

Smartphones Not Diamonds Drive India's Exports To US

Smartphones Not Diamonds Drive India's Exports To US

Rediff.com14 Oct 2024

In the June quarter of 2024-2025, smartphone exports hit $2 billion, well ahead of non-industrial diamond exports, which stood at $1.44 billion.

PSBs clocked 11% growth in H1FY25

PSBs clocked 11% growth in H1FY25

Rediff.com13 Nov 2024

The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.

Fadnavis' First Challenge: Santosh Deshmukh Murder Case

Fadnavis' First Challenge: Santosh Deshmukh Murder Case

Rediff.com3 Jan 2025

'The CM's credibility is on the line.'

Beware! IT Sleuths On The Prowl

Beware! IT Sleuths On The Prowl

Rediff.com29 Aug 2024

The suspected undisclosed income in these cases could reach as much as Rs 15,000 crore.

How Banks Plan To Tackle 'Mule' Fraud

How Banks Plan To Tackle 'Mule' Fraud

Rediff.com8 Aug 2024

'A mule operates someone else's account to transfer illegal money.'

Tax dept issues notice to Anil Ambani for Rs 814 cr in 2 Swiss bank accounts

Tax dept issues notice to Anil Ambani for Rs 814 cr in 2 Swiss bank accounts

Rediff.com23 Aug 2022

The income tax department has sought to prosecute Reliance Group chairman Anil Ambani under the Black Money Act for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts.

Delhi's air quality worsens, over Rs 5.85 cr fine imposed

Delhi's air quality worsens, over Rs 5.85 cr fine imposed

Rediff.com16 Nov 2024

The city's 24-hour Air Quality Index (AQI), recorded at 4 pm daily, stood at 417, making it the worst in the country. On Friday, the AQI level was 396.

'Hindus go back': Another BAPS temple vandalised in US

'Hindus go back': Another BAPS temple vandalised in US

Rediff.com26 Sep 2024

This was the second incident of desecration at a BAPS temple in less than a month in the US amidst the growing trend of temple vandalism as part of a systematic hate crime against the Hindu community in the country.

Chopper deal: IAF, defence accounts officers to help CBI

Chopper deal: IAF, defence accounts officers to help CBI

Rediff.com3 Mar 2013

Officials from Indian Air Force and Defence Accounts Department will join a special Central Bureau of Investigation team formed to probe the allegation of payment of kickbacks in the Rs 3,600 crore VVIP helicopter deal as the investigating agency prepares to examine suspects named in its Preliminary Enquiry.

Warning! Trump 2.0 Will Be Very Different

Warning! Trump 2.0 Will Be Very Different

Rediff.com8 Jan 2025

'Trump has no more elections to fight and his soaring ambition, which is no secret, will be to carve out a presidential legacy that outshines by far all his mediocre predecessors.' 'Trump's turnaround on the H-1B visa debate shows that he can take tough decisions and there are no holy cows in his domain,' asserts Ambassador M K Bhadrakumar.

RSS changes profile pictures of its social media accounts to National Flag

RSS changes profile pictures of its social media accounts to National Flag

Rediff.com13 Aug 2022

The RSS, the political fountainhead of the ruling BJP, has been criticised by the Congress and other Opposition over its stand on the national flag.

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

'Criminal negligence': Cong on Delhi coaching centre deaths

'Criminal negligence': Cong on Delhi coaching centre deaths

Rediff.com28 Jul 2024

The Congress on Sunday called for fixing accountability over the death of three IAS aspirants due to waterlogging in a building in Delhi with Rahul Gandhi asserting that common people are paying the price for irresponsibility of institutions at every level.

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

Rediff.com13 Sep 2024

The US unit of PwC will lay off about 1,800 workers, marking its first formal job cuts since 2009 as the company seeks to restructure its technology group. This comes amid a slowdown in demand for some of its advisory business, according to a Wall Street Journal report. Half of the anticipated layoffs will target offshore positions, impacting a wide range of employees from associates to managing directors.

Priyanka Gandhi has assets worth Rs 12 cr; faces cheating case in MP

Priyanka Gandhi has assets worth Rs 12 cr; faces cheating case in MP

Rediff.com23 Oct 2024

Her immovable assets are worth over Rs 7.74 crore, which includes two inherited half shares of agricultural land in Mehrauli area of New Delhi and a half share in a farmhouse building located therein, all of which together are now worth over Rs 2.10 crore.

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

4 Months After Poor LS Score, How BJP Swept Vidarbha

4 Months After Poor LS Score, How BJP Swept Vidarbha

Rediff.com2 Dec 2024

'Slogans like 'Ek hai toh safe hai' and 'Batenge toh katenge' resonated with voters.'

Hooch tragedy kills 25 in Bihar; 12 arrested

Hooch tragedy kills 25 in Bihar; 12 arrested

Rediff.com17 Oct 2024

Eighteen more people lost their lives after allegedly consuming illicit liquor in dry Bihar's Siwan and Saran districts, taking the toll in the tragedy to 24, officials said on Thursday.

Tomato price volatility exposes gaps in India's agriculture supply chain

Tomato price volatility exposes gaps in India's agriculture supply chain

Rediff.com26 Oct 2024

Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.

Adani charges: Cong seeks probe, BJP questions timing

Adani charges: Cong seeks probe, BJP questions timing

Rediff.com21 Nov 2024

With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation into the various 'scams' involving his conglomerate.

How DAP Targets Honest Taxpayers, Misses Evaders

How DAP Targets Honest Taxpayers, Misses Evaders

Rediff.com4 Oct 2024

DAP does not consider past I-T returns to match a taxpayer's resources with their expenditures or investments, points out Harsh Roongta.

Sri Lanka's lead grows: Can New Zealand stage a comeback?

Sri Lanka's lead grows: Can New Zealand stage a comeback?

Rediff.com20 Sep 2024

Sri Lanka put themselves in a good position on the third day of the opening Test against New Zealand after Dimuth Karunaratne and Dinesh Chandimal made half-centuries but the hosts lost some of their momentum to reach 237-4 at stumps in Galle on Friday.

13 candidates in fray for PNB top job

13 candidates in fray for PNB top job

Rediff.com2 Oct 2024

At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.

What To Do If You Get I-T Notice

What To Do If You Get I-T Notice

Rediff.com12 Aug 2024

'File all the supporting documents in response to the allegation since there is a possibility of the proceedings getting dropped at that stage if the reply is satisfactory.'

ED arrests K'taka ex-minister Nagendra in tribal corporation case

ED arrests K'taka ex-minister Nagendra in tribal corporation case

Rediff.com13 Jul 2024

He is expected to be produced before a special Prevention of Money Laundering Act court on Saturday where the ED will seek his remand for custodial interrogation.