News for 'Department for Business'

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Why Is I-T Department Investigating 394 Entities, 36 Individuals?

Rediff.com5 days ago

The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.

I-T dept launches nationwide drive against suspicious foreign remittances

I-T dept launches nationwide drive against suspicious foreign remittances

Rediff.com6 days ago

The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.

HC orders Maha FDA to pay Rs 5 lakh to Pune sweet shop over licence suspension

HC orders Maha FDA to pay Rs 5 lakh to Pune sweet shop over licence suspension

Rediff.com7 days ago

The Bombay High Court has ordered the Maharashtra Food and Drugs Administration (FDA) to pay Rs 5 lakh in compensation to a Pune-based sweets shop. The court criticised the FDA for keeping the shop's license suspended despite a 98 per cent compliance report, calling its policy "strange and perverse."

HC slams FDA for 'going overboard', fines Rs 5 lakh

HC slams FDA for 'going overboard', fines Rs 5 lakh

Rediff.com6 days ago

The Bombay High Court has ordered the Maharashtra Food and Drug Administration (FDA) to pay Rs 5 lakh compensation to a Pune-based sweets shop. The court criticised the FDA for suspending the shop's license despite a 98 per cent compliance report, calling its policy "strange and perverse" and stating the regulator was "going overboard."

Missed Filing Income Tax Return? Read This

Missed Filing Income Tax Return? Read This

Rediff.com12 Aug 2026

A delayed ITR could prompt greater scrutiny, document requests or processing delays.

Bengaluru: FSDA shuts rooftop lounge kitchen due to hygiene issues

Bengaluru: FSDA shuts rooftop lounge kitchen due to hygiene issues

Rediff.com10 Aug 2026

The Food Safety and Drug Administration department in Bengaluru conducted inspections at six high-end eateries, leading to the closure of a rooftop lounge's kitchen due to unhygienic conditions. Officials seized 132 kg of unfit food items, including rotten meat, expired dairy products, and used cooking oil, highlighting a crackdown on non-compliance with food safety regulations.

Lucknow school students protest again over teacher shortage

Lucknow school students protest again over teacher shortage

Rediff.com7 days ago

Girls at a government-run residential school in Lucknow staged a protest, the second in four days, demanding more teachers and better class conduct. The demonstration disrupted traffic, leading to official intervention and ongoing discussions with students regarding their grievances, which include a lack of science teachers despite approaching board exams.

After Maha, Gujarat bans analogue paneer, cheese, butter

After Maha, Gujarat bans analogue paneer, cheese, butter

Rediff.com6 Aug 2026

The Gujarat government has imposed a state-wide ban on the production, transportation, and sale of unstandardised analogue paneer, cheese, and butter. Citing public health concerns and the need to protect consumers and the dairy sector, the decision follows detections of substandard artificial dairy products during inspections. Legal action will be taken against violators.

Several parliamentary panels await reconstitution

Several parliamentary panels await reconstitution

Rediff.com4 days ago

Several vital parliamentary committees, including those dealing with ethics, rules, and financial matters, are yet to be formally reconstituted. This delay affects the functioning of the Lok Sabha and the oversight of government operations.

Over 5.9 Crore ITRs Filed for AY27

Over 5.9 Crore ITRs Filed for AY27

Rediff.com1 Aug 2026

Over 5.9 crore Income Tax Returns (ITRs) were filed for Assessment Year 2026-27 by the July 31 deadline, according to the income tax department.

Indian student kills girlfriend in US, arrested in Germany

Indian student kills girlfriend in US, arrested in Germany

Rediff.com10 Aug 2026

Batchigari is accused of first-degree murder and kidnapping, having allegedly stolen Salazar's phone and credit cards and sent deceptive texts to her mother to conceal the crime.

Maha cabbies to get Marathi lessons before action: Govt

Maha cabbies to get Marathi lessons before action: Govt

Rediff.com6 days ago

Maharashtra Transport Minister Pratap Sarnaik announced that autorickshaw and taxi drivers will be given an opportunity to learn Marathi before any action is taken against them for non-compliance with the language requirement. This move softens the state's earlier stance, which had evoked mixed reactions and concerns about livelihoods.

How Goa's Drone Didi Scheme Is Empowering Women

How Goa's Drone Didi Scheme Is Empowering Women

Rediff.com15 Aug 2026

Goa has successfully completed its first pilot drone-skilling workshop for 12 women and plans to train 100 women annually under the Goa Drone Didi Training Scheme. This initiative aims to promote drone technology, rural livelihoods, and women-led entrepreneurship, aligning with the Centre's Namo Drone Didi programme.

Bjorn Fortuin to captain South Africa T20 side in tri-series

Bjorn Fortuin to captain South Africa T20 side in tri-series

Rediff.com11 Aug 2026

South Africa has appointed spinner Bjorn Fortuin as captain for their upcoming Twenty20 tri-series against Namibia and Zimbabwe, and a three-game One-Day International series, aiming to provide international experience to younger players ahead of a busy schedule.

BMW India CFO: 'Surprised by scale and length of tax litigation'

BMW India CFO: 'Surprised by scale and length of tax litigation'

Rediff.com7 Aug 2026

BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.

Will Kuldeep Make Way For Saransh Jain For Second Test Vs Sri Lanka?

Will Kuldeep Make Way For Saransh Jain For Second Test Vs Sri Lanka?

Rediff.com3 days ago

With Kuldeep Yadav looking ineffective, India could look towards including off-spinner Saransh Jain in the playing XI in the second Test in Colombo, especially looking at three left-handers in the Sri Lankan top seven.

ITR Filed? Here's When You Can Expect Your Income Tax Refund

ITR Filed? Here's When You Can Expect Your Income Tax Refund

Rediff.com5 Aug 2026

The income tax department has significantly reduced refund processing times over the past few years. But while some taxpayers receive refunds within days, others may wait several weeks or even longer. Here's why.

Mundhe urges people not to buy loose edible oil

Mundhe urges people not to buy loose edible oil

Rediff.com4 days ago

Maharashtra Food and Drug Administration Commissioner Tukaram Mundhe has urged consumers to avoid buying loose or unsealed edible oil due to safety concerns, announcing a compliance order for the entire edible oil sector after detecting widespread violations, including adulteration and improper packaging.

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Telangana CM denied US trip, MEA cites 'non-conformity of norms'

Rediff.com3 days ago

Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.

Kolkata hotel blaze: Govt orders safety audit of hotels, guest houses

Kolkata hotel blaze: Govt orders safety audit of hotels, guest houses

Rediff.com5 days ago

A devastating fire in a central Kolkata building resulted in nine deaths, primarily due to asphyxia, and the rescue of around 80 people. West Bengal minister Kaushik Chowdhury highlighted the quick response of the Fire Brigade but raised concerns about safety norms, lack of windows, and the proliferation of cramped hotels within the building. An investigation committee will be formed, and fire audits will be conducted across all hotels in the state.

Fresh controversy hits India's shooting setup

Fresh controversy hits India's shooting setup

Rediff.com6 Aug 2026

A top national shotgun coach, involved in India's Asian Games preparations, is under investigation by the Sports Authority of India for alleged conflict of interest related to a contract for building a shooting range in Chennai.

Why Women Remain Under-Represented In Cabinets

Why Women Remain Under-Represented In Cabinets

Rediff.com6 days ago

Lack of women in Karnataka's new council of ministers has put the spotlight once again on women's under-representation in politics and policy.

Maharashtra to amend law to make Marathi mandatory for cab drivers

Maharashtra to amend law to make Marathi mandatory for cab drivers

Rediff.com13 Aug 2026

The Maharashtra government has proposed amendments to the Maharashtra Motor Vehicles Rules, 1989, making 'working knowledge of Marathi language' mandatory for cab drivers, with non-compliance potentially leading to suspension or revocation of driving licences.

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

Rediff.com6 days ago

Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.

Consumer forum lifts liquor seller's spirits, tells insurer to pay Rs 1.2 cr

Consumer forum lifts liquor seller's spirits, tells insurer to pay Rs 1.2 cr

Rediff.com4 Aug 2026

A consumer disputes commission in Mumbai has directed National Insurance Company Ltd to pay a liquor wholesaler over 1.2 crore for stock ruined during the 2017 Mumbai floods, deeming the claim rejection 'arbitrary and unreasonable'.

Probe report on Justice Varma tabled in RS amid removal proceedings

Probe report on Justice Varma tabled in RS amid removal proceedings

Rediff.com12 Aug 2026

An inquiry committee's report into allegations against Justice Yashwant Varma, who faced removal proceedings over unaccounted cash found at his residence, was tabled in Rajya Sabha. The report details the investigation into the alleged discovery of burnt currency following a fire at his official residence. Justice Varma has since resigned, rendering the removal proceedings infructuous, though his resignation is yet to be formally notified.

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Income Tax Department Enables Online Filing of ITR-1 and ITR-4 for AY 2026-27

Rediff.com15 May 2026

The Income Tax department has enabled online filing for ITR-1 (Sahaj) and ITR-4 (Sugam) for the Assessment Year 2026-27, allowing small and medium taxpayers to file returns for income earned in the 2025-26 fiscal year.

Vedika Pinto Looks So Captivating!

Vedika Pinto Looks So Captivating!

Rediff.com3 Aug 2026

Vedika Pinto may have everyone talking thanks to her performance in Musafir Cafe, but anyone who's been following her Instagram knows she's been serving main-character moments long before Netflix came calling.

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Financial Sector Can't Wait for AI Risks to Emerge, Says CEA

Rediff.com8 Aug 2026

Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.

What If the Biggest Bank Fraud Risk Is An Employee?

What If the Biggest Bank Fraud Risk Is An Employee?

Rediff.com3 days ago

Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

Rediff.com11 Aug 2026

A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.

Sitharaman: Hurry Up Tax Appeals

Sitharaman: Hurry Up Tax Appeals

Rediff.com25 Jul 2026

Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.

'Eknath Shinde Was Extremely Aggressive'

'Eknath Shinde Was Extremely Aggressive'

Rediff.com4 days ago

'I've seen a lot of meetings over the years, but this was the first time I've seen the deputy chief minister and the industries minister sit through something like this with 200 to 300 industrialists, local residents and politicians from both the ruling side and Opposition, all in the same room.'

How Air India Fared Under Chandra

How Air India Fared Under Chandra

Rediff.com13 Aug 2026

Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.

Govt allows FDI in inventory-based e-commerce model only for export purposes

Govt allows FDI in inventory-based e-commerce model only for export purposes

Rediff.com23 Jul 2026

The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.

Church objections can't override law, says Meghalaya HC on liquor shop

Church objections can't override law, says Meghalaya HC on liquor shop

Rediff.com28 Jul 2026

The Meghalaya High Court has ruled that moral objections from church elders and locals cannot be a valid ground to deny the operation of a legally licensed liquor outlet. The court directed authorities to permit a shop owner to operate her IMFL retail outlet, noting she fulfilled all statutory requirements and that the objections were based on moral rather than legal grounds. The ruling also highlighted that a legal outlet could help curb illegal liquor sales.

Lok Sabha to take up anti-paper leak bill today

Lok Sabha to take up anti-paper leak bill today

Rediff.com28 Jul 2026

The Indian Parliament is scheduled for a significant legislative day, with the Lok Sabha set to consider and pass the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026. Concurrently, the Rajya Sabha will introduce the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, and pass the Prevention of Insults to National Honour (Amendment) Bill, 2026, highlighting a busy agenda for both houses.

Bankipur win gives Prashant Kishor's party a foothold in Bihar

Bankipur win gives Prashant Kishor's party a foothold in Bihar

Rediff.com3 Aug 2026

Political strategist-turned-politician Prashant Kishor's Jan Suraaj Party has secured its first seat in the Bihar Assembly, with Kishor winning the Bankipur bypoll in his electoral debut, stunning the BJP in its long-held bastion.

Ranbir Kapoor's Complex Daddy Issues On Screen

Ranbir Kapoor's Complex Daddy Issues On Screen

Rediff.com10 Aug 2026

Ranbir Kapoor's filmography frequently explores complex father-son relationships, from rebellious youth seeking approval to sons grappling with loss and dysfunctional dynamics, culminating in his latest role as an exiled prince honouring his father's promise in Ramayana.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.