News for 'Department of Financial Services'

PM received I-T refunds 5 times, Rahul 6 in last 18 yrs

PM received I-T refunds 5 times, Rahul 6 in last 18 yrs

Rediff.com28 Apr 2019

Rahul Gandhi's mother and senior Congress leader Sonia Gandhi has also got at least five refunds since the assessment year 2001-02, but there is no adjustment against any outstanding demand for her in this time period.

Sebi-FMC merger talks back at North Block

Sebi-FMC merger talks back at North Block

Rediff.com2 Jun 2014

DEA officials to push for this at a meeting with FM Jaitley.

Foreign investors' MAT woes not over just yet

Foreign investors' MAT woes not over just yet

Rediff.com2 Mar 2015

The tax dept has served notices on about 36 foreign investors.

No ceiling on new bank licences: Chidambaram

No ceiling on new bank licences: Chidambaram

Rediff.com2 Jul 2013

On Monday, RBI announced that 26 entities, including Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital, L&T Finance and Bajaj Finserv, applied for grant of bank licences.

Few takers for Jan Dhan overdraft

Few takers for Jan Dhan overdraft

Rediff.com22 May 2015

The overdraft facility has been sanctioned in only 40,000 accounts

LIC has invested Rs 55,000 cr in equity market

LIC has invested Rs 55,000 cr in equity market

Rediff.com9 Dec 2020

'In FY21, as of October, LIC has booked a profit of Rs 18,800 crore through sale of equities.'

UN blacklists Osama bin Laden's son, seen as successor of Al Qaeda

UN blacklists Osama bin Laden's son, seen as successor of Al Qaeda

Rediff.com2 Mar 2019

The sanctions list subjected him to a travel ban, assets freeze and an arms embargo.

Can the Taliban Survive?

Can the Taliban Survive?

Rediff.com3 Sep 2021

The US intends first to cripple the Afghan government financially through sanctions, freezing of assets, denial of access to international banking, etc, and then proceed to do pretty much what it wants to do with scant regard for Afghanistan's sovereignty, predicts Ambassador M K Bhadrakumar.

Good new for ex-servicemen: Centre releases new pensionary benefits

Good new for ex-servicemen: Centre releases new pensionary benefits

Rediff.com14 Mar 2016

The government on Monday announced that it has credited revised pensionary benefits along with arrears under One Rank-One Pension scheme to more than 2 lakh pensioners drawing service and disability pensions.

Sebi plans forensic audit for some listed companies

Sebi plans forensic audit for some listed companies

Rediff.com25 Oct 2018

Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.

1% GST in cash: FinMin clarifies on why it was necessary

1% GST in cash: FinMin clarifies on why it was necessary

Rediff.com28 Dec 2020

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.

PM Modi trains guns on benami properties

PM Modi trains guns on benami properties

Rediff.com4 May 2017

Underlines need to reduce human interface; wants tax e-assessment in more cities

Officers cold to oversight cadre, RBI faces staff turmoil

Officers cold to oversight cadre, RBI faces staff turmoil

Rediff.com27 Jan 2020

The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.

Stringent guidelines for wilful defaulters on the cards

Stringent guidelines for wilful defaulters on the cards

Rediff.com28 Jun 2014

The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.

'PM's Parliament speech was jumlebaazi'

'PM's Parliament speech was jumlebaazi'

Rediff.com11 Feb 2022

'It will take a long time for people's memory to be misled by a prime minister who is so arrogant and who refuses to acknowledge his own faults.'

Andhra becomes second state to achieve 100% electrification

Andhra becomes second state to achieve 100% electrification

Rediff.com13 Sep 2016

About 35 per cent rural households in states like Uttar Pradesh, Madhya Pradesh, Bihar, Odisha and Assam still lacked access to power supply

HSBC under lens for hiring candidates linked to govt officials

HSBC under lens for hiring candidates linked to govt officials

Rediff.com22 Feb 2016

Facing black money investigations in India and several other countries, global banking giant HSBC on Monday said it is also being probed in the US for hiring candidates related to government officials in Asia Pacific.

Of power, privatisation and politics

Of power, privatisation and politics

Rediff.com26 Aug 2021

As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

70 call centre workers in Mumbai held for duping US citizens

70 call centre workers in Mumbai held for duping US citizens

Rediff.com6 Oct 2016

The staffers posed as US Internal Revenue Service department officials, making a daily turnover of Rs 1.5 crore.

Mamata extends lockdown in Bengal till April 30

Mamata extends lockdown in Bengal till April 30

Rediff.com11 Apr 2020

All schools and colleges in West Bengal will remain closed till June 10, she added. The Trinamool Congress supremo said she raised the issue of a financial package for the state and clearing its dues.

Infosys bets big on India's private sector

Infosys bets big on India's private sector

Rediff.com16 Oct 2013

Company plans to raise the contribution of Indian private sector to its revenue from about 15% to about 50% in two-three years.

SBI, ONGC and 8 other PSUs may be asked to cough up more tax

SBI, ONGC and 8 other PSUs may be asked to cough up more tax

Rediff.com15 Mar 2018

If advance tax revenue fails to meet the expected growth, these PSUs could be asked to pay taxes on past demands raised against them.

Uber adds muscle to local arms

Uber adds muscle to local arms

Rediff.com14 Apr 2015

The San Francisco-based giant has acquired a Delhi-based company.

PNB fraud: 'Probability of bank scams is much higher in PSBs'

PNB fraud: 'Probability of bank scams is much higher in PSBs'

Rediff.com19 Feb 2018

The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe

Quick tips for easy tax filing

Quick tips for easy tax filing

Rediff.com26 Jul 2018

Proper documentation can help take half the pain out of filing your income tax return, says Amar Pandit.

Organisations to enrol for unique entity IDs

Organisations to enrol for unique entity IDs

Rediff.com6 Sep 2010

After individuals, now even institutions like government departments, schools and companies would get unique identification numbers (UIDs) to enroll the country's residents for the UID system.

Sensex ends below 27K; banks, auto fall, metals shine

Sensex ends below 27K; banks, auto fall, metals shine

Rediff.com5 Jun 2015

Sensex ends belowe 26,800 on domestic concerns.

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