News for 'Committee of the Central Board'

SC refuses to stay release of Padmavati

SC refuses to stay release of Padmavati

Rediff.com10 Nov 2017

The SC said there were enough guidelines to be followed by the censor board to grant certification of a film before its release

BCCI set to appoint Madan Lal, Gambhir as CAC members

BCCI set to appoint Madan Lal, Gambhir as CAC members

Rediff.com12 Jan 2020

The committee will meet just once as only two changes are required in the senior selection panel.

Tax dept to share assessee data with NATGRID

Tax dept to share assessee data with NATGRID

Rediff.com22 Jun 2017

According to an order issued by the Central Board of Direct Taxes, the department will share 'bulk information', starting from Permanent Account Number (PAN) to the taxpayer's name and all the individual data that it captures like father's name, gender, date of birth, photograph and signature or thumb impression.

FinMin sets up panel to reduce tax litigations

FinMin sets up panel to reduce tax litigations

Rediff.com17 Jul 2014

The Committee will 'examine the assessment orders, appellate orders and scrutiny report for the appeal to the ITAT related to orders. . . and give its recommendations for different income groups, separately for corporate and non- corporate assesses", CBDT said.

Meet BCCI's new chairman of selectors

Meet BCCI's new chairman of selectors

Rediff.com4 Mar 2020

Sunil Joshi replaced MSK Prasad (South Zone), who had an extended run after completing his four-year tenure. Joshi's selection from South Zone and Harvinder getting picked from Central Zone also shows that the Board has stuck with the zonal policy.

RBI against separate regulator for payments system; issues dissent note

RBI against separate regulator for payments system; issues dissent note

Rediff.com19 Oct 2018

The regulator said that it is vested within its purview to regulate the bank account for payment systems and the settlement systems are finally posted in the books of account of banks with the RBI to attain settlement finality.

Ayodhya: Muslim parties 'shocked' at withdrawal claim

Ayodhya: Muslim parties 'shocked' at withdrawal claim

Rediff.com18 Oct 2019

The lawyers said the mediation panel's report was leaked to the media and they do not approve the procedures adopted in the process and the suggested compromise formula of withdrawal of the lawsuit.

Was govt's decision to sell Cairn shares flawed?

Was govt's decision to sell Cairn shares flawed?

Rediff.com8 Aug 2021

Faced with prospect of its assets across the globe being seized just like Pakistan and Venezuela, the government decided to scrap retrospective taxation but the international embarrassment could have been avoided had 'attached' shares of Britain's Cairn Energy Plc not been sold, according to tax and legal experts. On Thursday, the government introduced a Bill in Parliament to scrap the tax rule that gave the tax department power to go 50 years back and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India. The 2012 legislation was used to levy a cumulative of Rs 1.10 lakh crore of tax on 17 entities, including UK telecom giant Vodafone, but substantial punitive action was taken only in the case of Cairn.

Union, Kerala ministers spar over reopening of temples

Union, Kerala ministers spar over reopening of temples

Rediff.com9 Jun 2020

While Minister of State for External Affairs V Muraleedharan questioned 'the haste shown' in reopening the temples, state Devaswom Minister Kadakampally Surendran said the decision was only in line with the Centre's guidelines in allowing places of worship to permit entry of devotees.

After 12 years, RBI set to modify fit-and-proper norms for bank directors

After 12 years, RBI set to modify fit-and-proper norms for bank directors

Rediff.com30 Jul 2019

These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.

How Babus did during the Pandemic: A report card

How Babus did during the Pandemic: A report card

Rediff.com18 Jan 2021

The Covid pandemic has left a question mark on how the central government manages its staff.

Karnataka HC calls for govt report on radical outfits behind hijab row

Karnataka HC calls for govt report on radical outfits behind hijab row

Rediff.com25 Feb 2022

The Karnataka high court on Friday said it has called for a report from the state government on the role of radical organisations behind the hijab controversy in the state.

What was Pratip Chaudhuri's crime?

What was Pratip Chaudhuri's crime?

Rediff.com23 Nov 2021

The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.

How RBI can prevent frauds

How RBI can prevent frauds

Rediff.com29 Oct 2020

Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.

Loan recast: FM to meet heads of banks, NBFCs on Thursday

Loan recast: FM to meet heads of banks, NBFCs on Thursday

Rediff.com2 Sep 2020

Banks are in the process of getting a board-approved restructuring framework in line with the RBI's framework and eligibility defined by the central bank.

NEET 2018 results to be announced by June 5

NEET 2018 results to be announced by June 5

Rediff.com1 Jun 2018

The Central Board of Secondary Education (CBSE) will announce the results online.

Red alert in Kerala's 10 districts as heavy rain lash state; 2 dead

Red alert in Kerala's 10 districts as heavy rain lash state; 2 dead

Rediff.com2 Aug 2022

The IMD also issued a red alert in the same 10 districts for August 3 also.

Pahlaj Nihalani: 'I will see Mr Prasoon Joshi in court'

Pahlaj Nihalani: 'I will see Mr Prasoon Joshi in court'

Rediff.com9 Nov 2018

'Everybody knows about Prasoon Joshi's friendship with Aamir Khan.' 'No one is surprised that Thugs Of Hindostan was given an all-clear censor certification out of turn.'

LIC valuation delay may push IPO plan beyond FY22

LIC valuation delay may push IPO plan beyond FY22

Rediff.com19 Dec 2021

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and the preparatory work is still far from complete. There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official of one of the merchant bankers said. Even after the valuation, there are several regulatory processes that have concluded, the official said.

Govt can't interfere in certification process: I&B officials

Govt can't interfere in certification process: I&B officials

Rediff.com8 Jun 2016

Looks like the Udta Maker makes will get no help from the government

Chetan Sharma is new chairman of selectors

Chetan Sharma is new chairman of selectors

Rediff.com24 Dec 2020

Former medium pacer Kuruvilla, who was backed by Mumbai Cricket Association (MCA) bigwigs, was preferred over a more decorated Ajit Agarkar from the west zone.

Govt to infuse Rs 55,250 cr for strengthening banks

Govt to infuse Rs 55,250 cr for strengthening banks

Rediff.com30 Aug 2019

The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees.

EPFO may announce higher interest than 8.5% provided last year

EPFO may announce higher interest than 8.5% provided last year

Rediff.com9 Oct 2013

EPFO had paid 8.5 per cent interest rate to subscribers in 2012-13, which was higher than 8.25 provided in the 2011-12 fiscal.

ITC chairman Y C Deveshwar passes away

ITC chairman Y C Deveshwar passes away

Rediff.com11 May 2019

His vision drove ITC to pursue business models that today support over 6 million livelihoods, many amongst the weakest in society.

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Sitharaman asks banks to roll out loan restructuring scheme by Sep 15

Rediff.com3 Sep 2020

The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.

How Coal India is chasing the monsoon to reduce coal supply disruptions

How Coal India is chasing the monsoon to reduce coal supply disruptions

Rediff.com14 Aug 2022

Way before the rains arrived at Talwandi Sabo Power plant in Punjab, the one check the coal ministry was carrying out was the availability of coal stock with the generator. Talwandi Sabo Power Limited (TSPL), the 1,980-Mw thermal power plant of Sterlite Energy, part of the Vedanta Group, which supplies about 15 per cent of Punjab's power, is one of the most difficult locations to manage coal supplies. It is nearly 1,700 km from the mines of Mahanadi Coalfields in Odisha, the longest coal route in India and possibly the trickiest as it cuts through the traffic heavy rail lines between Delhi and eastern India.

Amarnath Yatra cancelled in wake of COVID-19 pandemic

Amarnath Yatra cancelled in wake of COVID-19 pandemic

Rediff.com22 Jul 2020

'Based upon the circumstances, the Board decided with heavy heart that it is not advisable to hold and conduct this year's Shri Amarnathji Yatra and expressed its regret to announce the cancellation of Yatra 2020,' the SASB said in a statement.

PCB: Miandad resigns as Director-General cricket

PCB: Miandad resigns as Director-General cricket

Rediff.com15 Feb 2014

Former Pakistan Test captain, Javed Miandad has tendered his resignation to the chairman of the Pakistan Cricket Board.

Class 12 Hindi paper circulating on social media fake: CBSE

Class 12 Hindi paper circulating on social media fake: CBSE

Rediff.com31 Mar 2018

Two cases have been registered in the paper leak incident so far. The Crime Branch of Delhi Police has questioned nearly 60 people, including students and tutors, in this connection.

'Filmmakers don't spread communal hatred'

'Filmmakers don't spread communal hatred'

Rediff.com7 Jun 2016

'The very basis of film censorship lies in the fact that films are considered to be mass medium, and that raw emotions of cinema have the capacity to move you.' 'Which film has moved people into action in the last 40, 50 years?' 'No film.'

'Economic activities are expected to improve'

'Economic activities are expected to improve'

Rediff.com20 Jul 2021

'We are very watchful about inflation and growth. But the main challenge is economic revival and growth.'

An RBI governor, two finance ministers and a quiet war

An RBI governor, two finance ministers and a quiet war

Rediff.com30 Oct 2018

Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.

The problem with entrance examinations in India

The problem with entrance examinations in India

Rediff.com18 Jul 2018

The reforms proposed for the monster examinations, JEE and NEET, which take several students' lives every year don't go far enough.

Why 2020 will be a year of labour reforms

Why 2020 will be a year of labour reforms

Rediff.com30 Dec 2019

As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.

EPFO panel grants tax exemption to 20 private PF trusts

EPFO panel grants tax exemption to 20 private PF trusts

Rediff.com26 May 2014

The members of these trusts enjoy tax and other benefits at par with EPFO subscribers.

Private banks cannot collect PF dues: EPFO body

Private banks cannot collect PF dues: EPFO body

Rediff.com29 Jun 2016

An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.

CSR non-compliance: Breather for Corporate India

CSR non-compliance: Breather for Corporate India

Rediff.com14 Aug 2019

A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.

'India has adequate forex to manage challenges'

'India has adequate forex to manage challenges'

Rediff.com15 Jul 2015

India's forex reserves recently declined by $704 million to $354.517 billion.

Ryan murder: Trustees refused advance bail; more arrests likely

Ryan murder: Trustees refused advance bail; more arrests likely

Rediff.com14 Sep 2017

The Gurugram Police detained and questioned Harpal Singh, a gardener at the Ryan International School.

Fast-spreading Omicron to test Beijing Winter Games bubble

Fast-spreading Omicron to test Beijing Winter Games bubble

Rediff.com3 Jan 2022

Core to the planning is the rigidly-enforced closed loop that physically separates Games-related personnel from the local population