The crucial meeting of the Central Board of Trustees will be held in New Delhi on Saturday to decide on the interest rate on Employees Provident Fund
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The ministry has been receiving representations from chambers of commerce and industry associations on tax-related issues and disputes that affect the industry as a whole or impact a large sections of the industry.
"Have you (counsel for the petitioner) seen the film? Have the people, who are burning cinema halls seen the film? By this kind of petitions you are encouraging the people who are agitating," the bench observed.
The Punjab government has declared a holiday on Thursday as a mark of respect to the former chief minister.
The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
Pahlaj Nihalani tries to downplay his role in the Udta Punjab controversy.
The petitioner submitted an application in the court of the Civil Judge on Monday seeking permission for 'purification' of the sanctum sanctorum of the Keshav Dev temple, which he claimed was inside the mosque, his counsel said.
The metal arena sits on the waterfront overlooking the Arabian Gulf and the West Bay skyline, but it could easily be mistaken for a shipping container yard if not for the structure that supports the roof.
According to one of the Kochi team co-owners, Modi had driven them to 'madness'.
The Jats are a political force in Rajasthan and the community's presence in 85 assembly constituencies may tilt the balance in electoral politics.
The movie Jo Bole So Nihaal is vulgar, say community leaders.
The student of a Gwalior school who allegedly attempted suicide was ragged, the Central Board of Secondary Education has established and will issue a showcause notice to the institute.
The Delhi high court was informed on Tuesday that a petition challenging the appointment of Gujarat-cadre Indian Police Service officer Rakesh Asthana as Delhi Police Commissioner has also been filed before the Supreme Court.
Test cricket and T20 can comfortably co-exist despite the mushrooming of franchise-based leagues, said former England captain Andrew Strauss.
The Directorate of Revenue Intelligence, the lead agency to check customs frauds and smuggling, has decided to post officers at India's Mission in New York (US), Singapore, Brussels (Belgium) and in Nepal's Birgunj.
Volkswagen is under huge pressure to act, with its shares down more than a third in value since the crisis broke, and the bad news still coming.
The Jalan panel has recommended to the RBI to keep shady entities out of banking licence race.
Detecting frauds worth about Rs 1 crore in claims settlement across the country, Employees Provident Fund Organisation on Wednesday decided to set up a fact finding team to investigate into the matter as part of efforts to prevent such misdemeanours.
As the petition points out, new medical colleges entail adjunct government hospitals, thus making specialised medical care that much more accessible to the vast majority of population that otherwise could not afford high-cost medical care in the private sector, N Sathiya Moorthy points out.
The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.
In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.
Why can't we have a sunset clause for the ARCs, which is a global norm? questions Tamal Bandyopadhyay.
The bank has fixed an issue price of Rs 1,782.74 per share for a preferential stock allotment to the government as part of the capital infusion plan for this fiscal. The SBI board had approved the preferential allotment in October.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
The Board has decided to give a UA certificate to the film.
The report said Zuma 'would do anything that the Guptas wanted him to do for them,' including firing competent ministers and senior officials at parastatal institutions, so that Gupta lackeys could be appointed to those positions.
The finance ministry and Reserve Bank of India plan to put in place a Tax Information Network proposed by the Kelkar Task Force, in a bid to improve tax administration and check evasion.
Notably, after coming to power in November 2019, the then MVA government scrapped certain policy decisions of its predecessor BJP-Shiv Sena government led by Fadnavis.
The tax department has slapped a whopping demand of Rs 1,385 crore on Big Bull Ketan Parekh and his group entities.
Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
Prashant Bhushan has opposed the selection of K V Choudary as the next CVC, by a committee headed by PM Narendra Modi, alleging that he was "tainted" and not a proper choice for the post.
Rajan will be closely working with the RBI governor and the four deputy governors to gain familiarity with the central bank's stance on various issues.
It was perhaps for the first time that any parliamentary panel deliberated on a film before it had been approved by the censor board.
A senior party leader on the condition of anonymity said the CWC meeting will be called next week although the agenda is to be worked out and finalised.
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