The central government has given banks and credit card entities six to eight months to put in place the requisite reporting mechanism and related features to collect tax at source on international credit card transactions, a senior bureaucrat told Business Standard. According to the bureaucrat, the plan to bring overseas credit cards under the Liberalised Remittance Scheme (LRS) has not been mothballed and is simply being deferred so that banks get adequate time to get the system up and running. The official expects the reporting mechanism to be ready in the given time, and the rule could be implemented in the next financial year (2024-25, or FY25).
Amit Malviya said Twitter was in violation of India laws for an extended period (between 2020-2022).
Mainstream American newspapers, many of which had been sceptical of India's space mission and sometimes even made fun of it through cartoons, noted the great Indian achievement.
China on Thursday played down what appeared to be a tense conversation between President Xi Jinping and Canadian Prime Minister Justin Trudeau on the sidelines of the G20 summit a day earlier, saying the conversation is "candid, normal" and should not be interpreted as criticism or threat.
External Affairs Minister S Jaishankar has slammed the mainstream American media, including The Washington Post, for their 'biased' coverage of India.
'...to prevent this episode from disrupting ongoing cooperation.' 'The discovery of this plot had the potential to derail much of what has been achieved in the relationship during this administration's tenure -- I don't think that fact has been sufficiently appreciated in India.'
The government has allowed the Enforcement Directorate to share information about economic offenders with 15 more agencies, including SFIO, CCI and NIA, a move that will expedite nailing of law-breakers. The finance ministry notified changes to the Prevention of Money Laundering Act (PMLA), 2002, on November 22. Through the notification, the Enforcement Directorate (ED), which deals primarily with cases of money laundering and violations of foreign exchange laws, would be able to share data with a total of 25 agencies, including the 10 specified earlier.
Speaking about the issue in India in March 2012 at a media conclave, Kissinger defended his use of unparliamentary language while referring to Prime Minister Indira Gandhi.
The Congress slammed Ravi Shankar Prasad, accusing him of distorting, twisting and lying "with a straight face".
A video by Khalistan supporters, dated July 2 posted on Twitter, showed the act of arson at the Indian Consulate in San Francisco.
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The Central Board of Direct Taxes has issued new directives for selection of scrutiny cases during the financial year 2013-14 by the taxman which also includes big ticket international transactions.
According to DMK, the voters are already consolidated on ideological lines, hence the impact of anti-incumbency, whether against the BJP Centre or the DMK state may not be too much, notes N Sathiya Moorthy.
Pakistan Prime Minister Shehbaz Sharif on Thursday chose Lt Gen Asim Munir as the new Army chief to replace incumbent General Qamar Javed Bajwa.
Qatar has postponed plans to introduce more stringent visa rules for entry into the country, officials said.
A rattled Australia on Monday warned that there is a 'high risk of terrorism' in Delhi during the Commonwealth Games, while New Zealand also expressed concerns about security arrangements for the event after a shooting incident in the Indian capital left two foreigners injured.
India is upset at a reference to Prime Minister Narendra Modi by a US state department official while defending the immunity it had extended to Saudi Arabian ruler Mohammad bin Sultan, who is facing allegations of killing journalist Jamal Khashoggi.
Congressman Ed Royce, an influential Republican lawmaker, has slammed Pakistan for not shutting down the Deobandi schools that indoctrinate and brainwash people to engage in jihad.
The Enforcement Directorate had asked for financial details from both public and private sector banks and a part of these details were submitted last week
While Foreign Minister Shah Mahmood Qureshi is leading the Pakistani delegation for the Pak-US strategic talks beginning on Wednesday, it is Pak Army Chief General Ashfaq Parvez Kayani who is actually in charge of running the show.
The Board of Control for Cricket in India (BCCI) has decided to suspend IPL 2020 till April 15, as a precautionary measure against the ongoing Novel Corona Virus (COVID-19) situation.
The list has been handed over to Enforcement Directorate.
The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.
Back in the Press Briefing room on being commended for her questions to President Biden and the Indian prime minister, The Wall Street Journal's Sabrina Siddiqui responded, "You gotta do it."
Days after India and China agreed to have maritime cooperation, Beijing has favoured greater military ties with New Delhi, saying such exchanges would help build more "confidence and trust" between the two countries.
Sanjeev Chowdhury, director general, department of foreign affairs in Canada, headed the team that organised the G8 and G20 summits in Huntsville and Toronto respectively from June 25 to 27. When he joined Canada's foreign service 15 years ago and became a part of the team that organised the G7 summit -- as it was then called -- in Halifax, he never imagined that he would one day be responsible for organising these major events. He spoke to rediff.com's Ajit Jain.
A powerful senatorial committee on Wednesday is set to consider a bipartisan resolution to recognise Arunachal Pradesh as an integral part of India, pushing back against China's military aggression to change the status quo along the Line of Actual Control.
The diplomat made the remarks replying to lawmakers' questions on New Delhi abstaining from several UN vote on Russian aggression against Ukraine.
India and China on Friday held 'in-depth' discussions on addressing the remaining issues along the Line of Actual Control (LAC) in eastern Ladakh, holding that disengagement in the North and South banks of Pangong lake provided a good basis to work towards their early resolution.
Xi has called on Chinese border troops to enhance their capabilities in border defence and control to forge a "great wall of steel" along the country's borders, it said.
A top Singaporean diplomat described India as "stupid", saying the country was "half in, half out" of the ASEAN grouping, according to leaked US cables.
Citizens of many countries including Iran, Sudan and Cuba, who come in large numbers to India are facing severe problems as they do not have international credit cards
The three-day meeting between the two commissioners of PCIW completed discussions on all agenda items on Wednesday.
The JuD will contest the election on the platform of a little known "dormant" political entity, Allaha-u-Akbar Tehreek.
America's relationship with Pakistan has 'not served' either of the two countries, External Affairs Minister S Jaishankar said on Sunday raising questions on the Biden administration's approval of a $450-million sustenance package for F-16 fleet.
Due to the huge pile-up of visa applications, the US consular officers in the neighbouring country are now adjudicating Indian visa applications where interview requirements have been waived.
Pakistani intelligence officials have arrested Indonesian Al-Qaeda operative Umar Patek, suspected to be involved in the deadly 2002 Bali bombings that killed 202 people. Patek, a member of the Jemaah Islamiyah terror network, was captured by the Inter-Services Intelligence recently, an unnamed officer of the spy agency told The News.
Secretaries were told to give their proposals at least 10 days ahead of a tour.
United States Vice President-elect Kamala Harris has named her Chief of Staff, Domestic Policy Advisor and National Security Advisor -- an all-women team -- which she said has the experience to hit the ground from day one.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
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