News for 'Central Board of Direct'

Centre to take over 123 Delhi Waqf properties; won't allow it, says AAP's Khan

Centre to take over 123 Delhi Waqf properties; won't allow it, says AAP's Khan

Rediff.com17 Feb 2023

Khan asserted that he will not allow the central government to take over the waqf properties.

Ground floor of Lord Ram temple ready, other floors by yearend

Ground floor of Lord Ram temple ready, other floors by yearend

Rediff.com4 Jan 2024

The construction of the three-storeyed Ram temple in Ayodhya will be completed by December this year, temple construction committee chairperson Nripendra Misra said on Thursday. The sprawling temple complex will also have other structures.

Put display boards indicating if Ganga water fit for bathing: NGT

Put display boards indicating if Ganga water fit for bathing: NGT

Rediff.com27 Jul 2018

The green panel said that innocent people drank and bathed in the river with reverence, without knowing that it may adversely affect their health.

Balasore crash: Suspecting sabotage, railways asks zones to...

Balasore crash: Suspecting sabotage, railways asks zones to...

Rediff.com5 Jun 2023

In a letter to general managers of all zones, the Railway Board has directed that a safety drive should be launched immediately with special focus on all 'goomties' (rooms along tracks) housing signalling equipment within station limits.

Crypto Bourses Under The Scanner

Crypto Bourses Under The Scanner

Rediff.com26 Nov 2022

Crypto exchanges have been asked to furnish details this month itself.

SC stays ban on The Kerala Story, asks producer to insert disclaimer

SC stays ban on The Kerala Story, asks producer to insert disclaimer

Rediff.com18 May 2023

According to the apex court, the disclaimer should say that 'there is no authenticated data to back up the suggestion on figure of conversion and the film represents the fictionalised version'.

INDIA alliance is only for Lok Sabha polls, not states: Congress

INDIA alliance is only for Lok Sabha polls, not states: Congress

Rediff.com2 Feb 2024

Maintaining that the INDIA alliance is for the 2024 Lok Sabha elections and not for assembly polls in any state, the Congress on Friday asserted that the opposition bloc of 27 parties exists and will fight together.

Assocham seeks tax friendly environment for startups

Assocham seeks tax friendly environment for startups

Rediff.com6 Oct 2015

Finance Ministry, Assocham on Tuesday sought a taxation friendly environment for the startups

8.1% EPF interest rate for 2021-22 is over 40-year low

8.1% EPF interest rate for 2021-22 is over 40-year low

Rediff.com3 Jun 2022

The government has approved 8.1 per cent rate of interest on employees' provident fund (EPF) deposits for 2021-22 -- an over four-decade low -- for about five crore subscribers of retirement fund body EPFO. Earlier in March this year, the Employees' Provident Fund Organisation (EPFO) had decided to lower the interest on provident fund deposits for 2021-22 to 8.1 per cent from 8.5 per cent provided in 2020-21. According to an EPFO office order issued on Friday and reviewed by PTI, the Ministry of Labour and Employment has conveyed approval of the central government to credit 8.1 per cent rate of interest for 2021-22 to each member of the EPF scheme.

Inside India's new Digital Personal Data Protection framework

Inside India's new Digital Personal Data Protection framework

Rediff.com13 Aug 2023

A new law that defines how companies should process users' data came into force with the President giving assent to the Digital Personal Data Protection (DPDP) Act passed by Parliament in the just-concluded monsoon session. The law arms individuals with greater control over their data while allowing companies to transfer users' data abroad for processing, except to nations and territories restricted by the Centre through notification. It also gives the government power to seek information from firms and issue directions to block content.

Xi, Putin hint at political settlement to end Ukraine war

Xi, Putin hint at political settlement to end Ukraine war

Rediff.com16 May 2024

"The two sides note that the relationship between Russia and China has progressed to a more advanced interstate cooperation compared to the military-political unions of the Cold War era as it is not bloc or confrontational in nature, nor does it target any third countries," Russia's new agency Tass quoted the document as saying.

CBSE releases dates for pending Class 10, 12 exams

CBSE releases dates for pending Class 10, 12 exams

Rediff.com18 May 2020

The students have been directed to follow social distancing, carry their own hand sanitiser in a transparent bottle and cover their nose and mouth with mask/cloth.

Time to complete e-verify FY'20 ITRs extended to Feb 28

Time to complete e-verify FY'20 ITRs extended to Feb 28

Rediff.com29 Dec 2021

Taxpayers who have not e-verified their ITRs for 2019-20 fiscal can complete the verification process by February 28, 2022, as the Income Tax department has given a one-time relaxation to assessees. As per law, an income tax return (ITR), filed electronically without a digital signature, has to be verified electronically through Aadhaar OTP, or net-banking, or code sent through demat account, pre-validated bank account and ATM within 120 days of filing the return. Alternatively, taxpayers can send a physical copy of the ITR filed to the Centralised Processing Centre (CPC) office in Bengaluru.

ED summons 'routine' now, says Tejashwi; may not appear on Friday

ED summons 'routine' now, says Tejashwi; may not appear on Friday

Rediff.com21 Dec 2023

Yadav, who returned from the national capital on Thursday after a trip that lasted three days, asserted that there was "nothing new" in the summons, even as he alleged that the central agencies were acting as per the directions of the ruling Bharatiya Janata Party.

IT raids on Gujarat realty firm unearth Rs 500 cr in black money

IT raids on Gujarat realty firm unearth Rs 500 cr in black money

Rediff.com2 Oct 2021

The raids that were launched at 22 premises of the group and the brokers on September 28 are underway, the statement by the Central Board of Direct Taxes said.

PF interest rate cut to four-decade low of 8.1%

PF interest rate cut to four-decade low of 8.1%

Rediff.com12 Mar 2022

The 8.1 per cent interest rate was recommended by the Central Board of Trustees after its meeting in Guwahati under the chairmanship of Union Labour and Employment Minister Bhupendra Yadav, a labour ministry press statement said.

Ammonia gas leak in fertilizer plant in Chennai; 52 hospitalised

Ammonia gas leak in fertilizer plant in Chennai; 52 hospitalised

Rediff.com27 Dec 2023

A number of persons fainted after experiencing 'burning sensation' in their throat and chest. Many people who were asleep woke up in panic and scurried out of their homes and alerted neighbours and all of them soon reached the main roads unsure of what to do.

Income tax return filing deadline extended till Dec 31

Income tax return filing deadline extended till Dec 31

Rediff.com24 Oct 2020

The government had in May extended the date for filing ITR for FY2019-20 from July 31 to November 30, to give compliance relief to taxpayers.

Govt may extend deadline for filing April's GST

Govt may extend deadline for filing April's GST

Rediff.com17 May 2022

As taxpayers face technical glitch on the GST portal, the government on Tuesday said it is considering extending the April tax payment deadline and has directed Infosys for early resolution of the problem. The Central Board of Indirect Taxes and Customs (CBIC) said a technical glitch has been reported by Infosys in generation of April 2022 GSTR-2B and auto-population of GSTR-3B on portal. "Infosys has been directed by Govt for early resolution. Technical team is working to provide GSTR-2B & correct auto-populated GSTR-3B at the earliest," the CBIC tweeted.

Allahabad HC allows survey of Mathura's Shahi Idgah mosque

Allahabad HC allows survey of Mathura's Shahi Idgah mosque

Rediff.com15 Dec 2023

The court said the modalities of the survey will be discussed at the next hearing on December 18.

Study Abroad: Why Students Are Struggling

Study Abroad: Why Students Are Struggling

Rediff.com9 Aug 2022

'We were on tenterhooks arranging for the visa, last minute flight bookings, provisional loans and a Plan B.'

Tax agencies: New bosses on short term

Tax agencies: New bosses on short term

Rediff.com15 Mar 2008

Tasked with gathering over Rs 6,87,715 crore (or nearly $168 billion) as revenue receipts in 2008-09, the two agencies the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC) will be headed by a succession of bureaucrats with unusually short tenures.

ITR forms for 2020-21 give taxpayers option to choose new tax regime

ITR forms for 2020-21 give taxpayers option to choose new tax regime

Rediff.com1 Apr 2021

The Income Tax department has notified forms for filing I-T returns for 2020-21 fiscal, the Central Board of Direct Taxes said on Thursday. "Keeping in view the ongoing crisis due to COVID pandemic and to facilitate the taxpayers, no significant change has been made to the ITR Forms in comparison to the last year's ITR Forms. "Only the bare minimum changes necessitated due to amendments in the Income-tax Act, 1961 have been made," the Central Board of Direct Taxes (CBDT) said in a statement. The Income Tax returns (ITR) forms ask taxpayers if they are opting for a new tax regime.

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

Rediff.com6 Jul 2023

The case pertains to an alleged scam in the Sahakari Sakhar Kharkhana (co-operative sugar factories) and Sahakari Soot Girnis.

Lapses in tax recovery from PILCOM

Lapses in tax recovery from PILCOM

Rediff.com13 Aug 2003

The Central Board of Direct Taxes was pulled up by the Public Accounts Committee for delay in tax recovery from the hosts of the 1996 cricket World Cup.

CBDT targets resolving about 3,000 taxpayers' grievances by Oct-end

CBDT targets resolving about 3,000 taxpayers' grievances by Oct-end

Rediff.com10 Oct 2022

The grievances of as many as 2,500-3,000 taxpayers could be addressed and resolved between October 2 and October 31. The Central Board of Direct Taxes (CBDT) has asked tax officials to dispose of at least 20 per cent of the pending matters during the period. The move comes after Union Finance Minister Nirmala Sitharaman recently nudged the income-tax (I-T) department to redress the grievances promptly.

Govt starts audit of FY18 GST returns

Govt starts audit of FY18 GST returns

Rediff.com9 Jan 2020

The instruction is that audit of large units be completed within seven working days, of medium units in five working days and of small ones in three.

Odisha train accident: CBI charges 3 railway officials with culpable homicide

Odisha train accident: CBI charges 3 railway officials with culpable homicide

Rediff.com2 Sep 2023

The CBI has charged the accused under Indian Penal Code Section 304 part II (culpable homicide not amounting to murder), Section 34 read with 201 (common cause read with destruction of evidence) and 153 of the Railways Act.

People won't watch it if...: SC on The Kerala Story ban

People won't watch it if...: SC on The Kerala Story ban

Rediff.com12 May 2023

The Supreme Court on Friday sought replies of the West Bengal and Tamil Nadu governments on a plea of the producers of The Kerala Story challenging the ban in the two states.

Budget 2023: What tax experts want from Sitharaman

Budget 2023: What tax experts want from Sitharaman

Rediff.com22 Dec 2022

Widening of the tax base, doing away with cess and surcharge, improvement in compliance and moderation in tax for emerging sectors are some of the suggestions submitted to the Finance Ministry ahead of the Budget by Think Change Forum (TCF). Experts are of the opinion that there is a need to grow tax revenues for the government to drive economic growth and make investments in developmental activities, TCF, the think tank said in a statement. Towards this end, poor compliance was identified as a weak link in achieving targeted collections leading to complex issues like overtaxing, complicated tax structures, rising litigation, among others.

HC reserves verdict in plea against Gyanvapi case

HC reserves verdict in plea against Gyanvapi case

Rediff.com8 Dec 2023

The Allahabad high court reserved its judgment on Friday in a petition challenging the maintainability of a suit seeking 'restoration' of a temple at the site of the Gyanvapi mosque in Varanasi.

3-day survey found many tax-linked irregularities at BBC, says I-T dept

3-day survey found many tax-linked irregularities at BBC, says I-T dept

Rediff.com17 Feb 2023

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities, the income tax authorities said Friday, a day after they ended a three-day-long survey operation against the British media organisation.

BCCI likely to haul up Vijay, Karun for breach of central contract

BCCI likely to haul up Vijay, Karun for breach of central contract

Rediff.com6 Oct 2018

The Indian cricket board (BCCI) is likely to haul up discarded Karun Nair and Murali Vijay and seek an explanation from them about their comments on the 'communication policy' of the MSK Prasad-led national selection committee.

RBI and the crisis of central banking

RBI and the crisis of central banking

Rediff.com28 Sep 2015

Voices from the Treasury are clamouring for lowering rates as this would boost demand.

Assets of Videocon promoters to be frozen, attached

Assets of Videocon promoters to be frozen, attached

Rediff.com1 Sep 2021

The National Company Law Tribunal (NCLT) has directed to freeze and attach assets and properties of Videocon promoters following a petition by the ministry of corporate affairs. The NCLT Mumbai bench has directed the Central Depository Services Ltd (CDSL) and National Securities Depository Ltd (NSDL) that securities owned or held by the Videocon promoters "in any company or society be frozen, and be prohibited from being transferred or alienation" and the details be shared with the Ministry of Corporate Affairs (MCA). It directed the Central Board of Direct Taxes (CBDT) to disclose information about all assets of the Videocon promoters in their knowledge or possession, for the purpose of freezing and restraining such assets.

MoF policy to hit 3,000 taxmen

MoF policy to hit 3,000 taxmen

Rediff.com1 Jul 2004

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

Can't say Cow, Gujarat, Hindutva: Censor Board wants Amartya Sen beeped in film

Can't say Cow, Gujarat, Hindutva: Censor Board wants Amartya Sen beeped in film

Rediff.com12 Jul 2017

In the documentary, Sen speaks of social choice theory, development economics, philosophy and the rise of right wing nationalism across the world including India.

Odd-even scheme returns in Delhi from Nov 13-20; in-person classes suspended

Odd-even scheme returns in Delhi from Nov 13-20; in-person classes suspended

Rediff.com6 Nov 2023

With Delhi recording air pollution levels seven to eight times above safe standards on Monday, the city government announced the return of its flagship odd-even scheme after four years anticipating further deterioration of air quality post-Diwali.