A blast near Delhi's Red Fort has claimed the lives of 12 people, including a young man from Uttar Pradesh, a DTC conductor, and a taxi driver.
Security was increased outside the Bangladesh High Commission in Delhi due to a planned protest by the VHP and Bajrang Dal regarding attacks on Hindus in Bangladesh.
A loud sound, later identified as a bus tyre burst, caused panic in Delhi's Mahipalpur area, triggering concerns due to a recent explosion in the city.
Families across North India are mourning the loss of loved ones killed in the Red Fort blast, as the investigation continues and security is heightened.
A powerful explosion near the Red Fort metro station in Delhi killed at least eight people and injured 24 others, reviving memories of past terror attacks in the city.
A DTC bus marshal in Delhi was arrested for allegedly biting off the tip of a conductor's finger during an argument over the bus route. The incident occurred after a dispute between the marshal and the conductor escalated, leading to a physical altercation and grievous injury.
A court in New Delhi on Saturday granted bail to Gaganpreet Kaur, the key accused in the BMW incident, saying the accident's CCTV footage showed the allegation of culpable homicide was on a 'fragile foundation'.
In the BMW accident case near Dhaula Kuan that claimed the life of Deputy Secretary in the Ministry of Finance, Navjot Singh, accused Gaganpreet Kaur has sought bail, stressing that the crash was 'wholly accidental' and unintentional.
Heavy rain lashed Delhi, leading to waterlogging and traffic disruptions. The IMD issued an 'orange' alert, warning of more rainfall.
Preparations for the World Para Athletics Championships are going as per schedule with laying of Mondo tracks in both competition venue and training area set to be completed by September 1
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.
Komal Chaudhary is among the first batch of 11 women who will be employed by the Delhi Transport Corporation as bus drivers.
'At least 25 Olympic-sized swimming pools worth of plastic chewing gum gets dumped.' 'And because the way people spit it out, there's no possible way this plastic can be recycled.'
'He didn't implement good policies for good politics.' 'He never worked on comprehensive policy-making.' 'In Kejriwal's own constituency youths are jobless.'
The Delhi Traffic Police has announced that it has made "adequate" arrangements to manage crowds and ensure safety during Christmas celebrations in the national capital. Deployments have been made near churches, malls, and markets, and a drive against drunken driving will be carried out until New Year. The police have also advised commuters about traffic diversions and restrictions in certain areas due to expected heavy crowds.
The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.
Chidambaram wants it reworked; GAAR controversy weighs on implementation.
The original DTC draft was put in the public domain in 2009 but revised the next year before being presented in Parliament.
Kailash Gahlot, a key minister in the Aam Aadmi Party (AAP) government in Delhi, has resigned, potentially impacting the party's ambitious plan to roll out a Rs 1000 monthly honorarium scheme for women ahead of the Assembly polls in February. Gahlot, who represented the Jat-dominated Najafgarh constituency in West Delhi, cited several issues, including the "Sheeshmahal" controversy over his former official residence, the Delhi government's tussle with the Centre, and the failure to clean the Yamuna River, in his resignation letter. Delhi BJP leaders welcomed Gahlot's resignation, fueling speculation that he could join the party before the assembly polls. However, AAP leaders claimed Gahlot resigned due to pressure from central agencies, including the Enforcement Directorate, and that joining the BJP was his last option. Gahlot's resignation has sparked speculation about his future and the impact it will have on the AAP's electoral prospects.
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
As chairman of the parliamentary standing committee on finance, former finance minister, Yashwant Sinha, says he is committed to expediting the legislative work associated with important Bills, including the direct taxes code (DTC) and Goods and Servies Tax.
The government has identified nine areas of concern in the Direct Taxes Code (DTC) draft, and they would be taken into consideration while it is being redrafted.
Expressing serious concerns over the DTC Bill, SEZ entrepreneurs on Tuesday said the proposed tax provisions would hit employment and drive away investors from the special economic zones.
Salaried taxpayers may have less kitty for holidays from April 2012, with the government proposing to scrap tax incentives on leave travel allowance in the new direct tax regime DTC.
The code, which will replace the existing Income Tax Act 1961, aims to rationalise tax rates to bring more people and companies under the tax net.
Says Finance Ministry is working on tax structures as suggested by the Parliamentary committee
At a press conference on Monday, Finance Minister P Chidambaram said when the final version of the Bill was tabled in Parliament, the government would abide by the recommendations of the parliamentary standing committee on DTC.
The original draft of DTC was much different from what you have in current form. Having said that you need to make you investments DTC-compliant. Here's some more in depth analysis and the strategy you must follow once DTC 2012 kicks in:
the government will introduce some of its key provisions, such as General Anti-Avoidance Rules, in Budget 2012-13.
It's important to make the penalty system an effective deterrent to ensure greater efficiency in the tax system, says M Govinda Rao.
Finance Minister Pranab Mukherjee on Monday said the Direct Taxes Code (DTC), which will replace the Income Tax Act, is proposed to be implemented from April 1, 2012."
The proposed Direct Taxed Code (DTC) is likely to adversely affect the exponential rise in exports from special economic zones (SEZs).
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The Direct Taxes Code bill was introduced in Lok Sabha in 2010 and Standing Committee on Finance has given a report after its scrutiny.
This means taxpayers might continue to enjoy exemption on maturity of their investments
Finance Minister Pranab Mukherjee said the Centre was willing to consider a phased approach to the introduction of Goods and Services Tax (GST), to reach a consensus on the issue. Mukherjee said he would expect the rollout of GST simultaneously with the Direct Taxes Code (DTC), scheduled for April, but there were some issues.
The station house officer of Daryaganj police station has withdrawn an order asking offices, shops, vehicle parking, DTC depot etc in the area to remain shut during the G20 Summit.
Taxpayers are not likely to get as much relief as was proposed in the discussion paper on the Direct Taxes Code last year, with the Finance Ministry saying that the tax slabs may be narrowed down in the bill, slated to be tabled in the monsoon session of Parliament.
Tata Motors said on Friday it has bagged the order for supplying 500 non-AC state-of-the-art low-floor CNG buses from Delhi Transport Corporation.
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