The scheme is yet to take off.
While BJP members moved into aisles shouting slogans and demanding an apology from Azad, Congress members too rushed into the Well raising slogans demanding an apology from the prime minister.
.jpg)
Cabinet likely to pave way for the 'super-rich' tax today.
The demonetisation camp remains devided, while some feel the exercise is a total flop, others feel the government should be given some more time
The Paris-based global watchdog for curbing terror financing and money laundering will hold its virtual plenary session from October 21 to 23. It will review Pakistan's progress on the 27-point action plan.
Sinha said the youth, farmers and the traders were dissatisfied with present policies of the saffron party.
Daily wage earners and casual low income group workers were the worst affected
It has been said that by 2025, India could become among the top five economies in the world. If India does become a $5 trillion economy but gets all its rivers polluted, food chain poisoned and genetic pool depleted and biometric database of Indians sold or stolen at the behest of commercial czars, will it not be a pyrrhic economic victory, asks Gopal Krishna.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
The government has taken a number of steps to address the situation faced by farmers.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
'Modi's popularity is a myth.' 'The Modi government has fulfilled zero promises.' 'They have not done anything.'
Mishra alleged that the Aam Aadmi Party received money from a company of Delhi based lawyer Rohit Tandon, whose assets worth crores have been attached by the Enforcement Directorate over alleged money laundering after demonetisation.
This follows a series of tax notices to broadcasters to pay TDS on the 15% agency commission reflected in their invoices
'We are in the middle of the biggest self created crisis of this government.' 'A crisis which involves and includes citizens and affects the way we go about our lives.' 'It is a crisis that is being managed poorly by the government and, it is absolutely clear, even more shoddily by the Opposition,' says Aakar Patel.
Allaying investor fears over the levy of long-term capital gains tax on share transfer in unlisted companies, the government on Friday said the move is only to target 'khoka' companies, and 'genuine investments' in start-ups and through FDI will be exempt.
Orders for the festive season abroad begin from next month.
'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'
The current draft of the Goods and Services Tax could kill any hope of economic revival - and you should blame the Congress if it rolls over and lets it pass, says Mihir S Sharma.
'Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums,' notes S Murlidharan.
If AAP dominates both state and local elections, the move for unification may become the illness for the BJP instead of the medicine it was supposed to have been.
The Constitution should not encumber these choices, specially limiting them to second-best or third-grade options.
The Gandhian activist threatened to go ahead with a nation-wide 'jail bharo andolan' if the government does not pay heed to the demands.
India's tax officials, long the scourge of foreign investors, are under government pressure to avoid aggressive claims against overseas funds.
For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came down to 3.4 per cent by 2018-19, with two slippages from the budgeted targets, in 2017-18 and 2018-19, the former due to introduction of the GST, says Arup Roychoudhury.
'Perhaps GST was too complex a system for the Indian economy at its present stage of development,' argues T N Ninan.
Only national service can save the nation, and not politics: Modi
Here are 15 things that would have made 2015 a great year.
GST will make it easier for governments to spend more, says T C A Srinivasa Raghavan.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
India made it mandatory for customers to disclose their tax code, or Permanent Account Number (PAN), for purchases above Rs 200,000.
A Ganesh Nadar/Rediff.com speaks to common folk in Tamil Nadu about whether they will invest in Arun Jaitley's gold monetisation scheme. Their reactions will not make the Union finance minister happy.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
India's rupee is likely to remain under pressure due to high prices of crude oil and other commodities, and may stabilise at around 79-80 against the US dollar in the near term, say experts amid limited headroom available with the Reserve Bank to check the weakening of the domestic currency. The currency has slumped over 5 per cent this year after Russia's invasion of Ukraine sent international crude oil prices soaring to a decade high. On Monday, rupee ended at a fresh all-time low of 78.34 (provisional) against the US dollar.
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
The speaker said she was ready to start the debate right away if the House agreed. The debate has been listed in Monday's list of business under Rule 193.
Aseem Chhabra presents his list of 10 international films that mattered to him, stories that he connected with and characters that gave him a better understanding of the human condition.
There will be a review of employee compensation arrangement in the light of the new rules.
'Our prime minister has set a scorching pace. He's logged more airline miles than professional airline pilots... On his regular visits to Delhi, he has also signed files galore.' 'How much of this activity has translated into useful action on the ground,' asks Devangshu Datta.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances