This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
The ongoing survey for the Dharavi Redevelopment Project has surpassed the scope of the 2007-08 survey, with over 63,000 tenements already mapped. The survey, which includes ground floor and upper floor structures, aims to provide housing for all residents of Dharavi, including those in existing SRA buildings and on RLDA Land. The project, undertaken by Navbharat Mega Developers Private Limited (NMDPL), aims to construct nearly 1.5 lakh tenements to accommodate the growing population of Dharavi.
The multi-crore Dharavi slum redevelopment project involves no land transfer to the Adani group but to the Maharashtra government's departments, and the Ahmedabad-based conglomerate, as a project developer, will build houses that will be handed over to the same departments for allotment to residents of Asia's biggest slums, sources said. Denying allegations of land grab made by MP Varsha Gaikwad, sources close to the project said land parcels are to be transferred only to Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA) of the state government's housing department.
'Justice may or may not happen, but who are those people who did this to her?' 'If the hospital authorities had helped us that day, or the police, then the real culprits would have been caught.' 'Getting justice for my daughter is my goal now and I want the CM to remember that.'
The government has notified October 1 as the starting date for direct tax dispute resolution scheme Vivad Se Vishwas 2.0. Vivad Se Vishwas scheme 2.0 was originally announced in Budget 2024-25 presented in July for resolution of certain income tax disputes pending appeal.
Gaikwad, who was Dharavi MLA before being elected to the Lok Sabha in the 2024 general polls, also alleged the redevelopment project was real estate's biggest scam.
Representatives of Citizen and Society Development Welfare, who have given the slogan of Dharavi Banao Andolan, met Srinivas and submitted a memorandum seeking expedition of the survey being conducted in Dharavi.
Medical education regulator NMC recently notified the "Post-Graduate Medical Education Regulations, 2023" according to which all rounds of counselling for all PG seats will be held online mode by state or central counselling authorities.
Angry over the disruption of parliament by lawmakers of Mohamed Nasheed's party, Maldives' second largest political bloc DRP has withdrawn from the all-party talks, dealing a blow to efforts to reconcile the country's fractured political atmosphere.
Finance Minister Pranab Mukherjee on Wednesday said the proposed Direct Taxes Code would give an edge to the country while dealing with international taxation issues.
Developer to bid for work from those who win the final contract.
Wooing overseas investors, government on Wednesday decided against challenging the Bombay High Court decision favouring Vodafone in the Rs 3,200 crore (Rs 32 billion) tax case and adopt a similar approach in transfer pricing litigations involving other MNCs like Shell.
The scheme offers waiver of interest, penalty, and prosecution for settling tax disputes.
US-based technology major IBM is contesting a claim of the revenue department which has increased the company's taxable income substantially to around Rs 11,000 crore (Rs 110 billion).
The Bengaluru-headquartered company said the 'draft assessment order' from tax authorities for 2008-09 fiscal has arised primarily due to denial of deduction under section 10A of the Income Tax Act, 1961, in respect of profit earned by its undertaking in the Software Technology Park at Bengaluru.
A delegation of the Progressive Party of Maldives led by its presidential candidate, Abdulla Yamin Abdul Gayoom called on Prime Minister Manmohan Singh on Friday.
Democracy in Maldives is at the crossroads. There is need for the international community to put pressure on the incumbent regime in the country, so that it is not able to disrupt elections once again, and the democracy in Maldives could be saved from sinking, says Anand Kumar.