News for 'Department of Revenue'

Atishi sworn in as Delhi CM, retains 13 portfolios

Atishi sworn in as Delhi CM, retains 13 portfolios

Rediff.com22 Sep 2024

Atishi will have a brief tenure in office as assembly elections in the national capital are due in February.

Days after violence, Bahraich shopkeepers get demolition notices

Days after violence, Bahraich shopkeepers get demolition notices

Rediff.com19 Oct 2024

Shopkeepers in Bahraich scrambled to salvage their goods on Saturday, apprehending a demolition drive by the authorities. According to a local lawmaker, the Public Works Department has served demolition notices to 23 establishments -- 20 of them belonging to Muslims.

Pre-monsoon rains claim 11 lives in Kerala in a week

Pre-monsoon rains claim 11 lives in Kerala in a week

Rediff.com25 May 2024

As heavy rains continue to lash Kerala, the India meteorological department on Friday issued an orange alert in eight districts in Kerala for Friday.

Ratan Tata's last rites performed with state honours

Ratan Tata's last rites performed with state honours

Rediff.com11 Oct 2024

The final rites of renowned industrialist and philanthropist Ratan Tata were performed with full state honours at a central Mumbai crematorium on Thursday evening. The Mumbai police paid tribute to Tata with a gun salute.

Munambam: The Politics Of Waqf Land

Munambam: The Politics Of Waqf Land

Rediff.com27 Nov 2024

The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.

GST Council's fitment committee likely to consider dropping 12% slab

GST Council's fitment committee likely to consider dropping 12% slab

Rediff.com5 Jun 2024

The fitment committee under the Goods and Services Tax (GST) Council, comprising central and state officials, has begun a rate rationalisation exercise afresh, checking the possibility of dropping some of the rates, particularly the 12 per cent slab, to achieve a revenue-neutral structure, a senior official with direct knowledge of the matter

ONDC likely to start levying small user charges on each transaction

ONDC likely to start levying small user charges on each transaction

Rediff.com2 Jul 2024

The government-backed Open Network for Digital Commerce (ONDC) is likely to start levying user charges in the current financial year.

Faceless scheme: Changes that revenue officers want

Faceless scheme: Changes that revenue officers want

Rediff.com2 Sep 2020

Some of the proposals include redrafting transfer and placement policy for IRS officers, strengthening the cadre restructuring, rebranding of IRS, robust deputation policy and creation of encadred post in other ministries and government department.

Govt exempts non-basmati white rice from export duty

Govt exempts non-basmati white rice from export duty

Rediff.com28 Sep 2024

Withdrawing a blanket ban on overseas shipments of non-basmati white rice, the government on Saturday imposed a floor price of $490 per tonne and exempted the commodity from export duty. Exports of non-basmati white rice have been banned since July 20, 2023 to boost domestic supply. "The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) ...is amended from prohibited to free, subject to MEP (minimum export price) of $490 per tonne with immediate effect and until further orders," the directorate general of foreign trade (DGFT) said in a notification.

Dharavi redevelopment: No land transfer to Adani group

Dharavi redevelopment: No land transfer to Adani group

Rediff.com16 Jun 2024

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.

Odisha, Bengal evacuate people as Cyclone Dana approaches

Odisha, Bengal evacuate people as Cyclone Dana approaches

Rediff.com23 Oct 2024

As Odisha and West Bengal are bracing for a severe cyclonic storm, governments of both states started evacuating people and while deciding to close educational institutions in vulnerable areas.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

WazirX Seeks FBI Help To Recover $230M

WazirX Seeks FBI Help To Recover $230M

Rediff.com31 Jul 2024

WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.

2021: A year of many firsts for the revenue dept

2021: A year of many firsts for the revenue dept

Rediff.com23 Dec 2021

A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax administration that include bringing a framework for cryptocurrencies and rationalising the GST rate structure. With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination. The task ahead is going to be a tough one as the tax department would grapple with taxing cryptocurrencies, rationalising Goods and Services Tax (GST) rates to shore up revenues and post June 2022, the scenario of how the GST revenue plays out for states without the Centre's support of compensation.

Assam's future at risk as Hindu-Muslim population balance eroding: Himanta

Assam's future at risk as Hindu-Muslim population balance eroding: Himanta

Rediff.com15 Aug 2024

The CM also said that to prevent the sale of land from the indigenous communities like tribals and Adivasis to others in undivided Goalpara district, a strong law will be brought.

Why is Wayanad Quiet About Tragedy?

Why is Wayanad Quiet About Tragedy?

Rediff.com13 Nov 2024

There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.

Budget 2024: What economists want from Nirmalaji

Budget 2024: What economists want from Nirmalaji

Rediff.com20 Jun 2024

The Budget for 2024-25 should focus on employment generation, besides promoting the manufacturing sector, economists attending the pre-Budget consultation meeting with Finance Minister Nirmala Sitharaman here on Wednesday said. The meeting was attended by National Co-convenor Swadeshi Jagran Manch Ashwani Mahajan, Director and Chief Executive of the Institute for Studies in Industrial Development (ISID) Nagesh Kumar, and TCA Anant among others.

Wayanad rescue will take a few more days: Kerala CM

Wayanad rescue will take a few more days: Kerala CM

Rediff.com1 Aug 2024

Kerala Chief Minister Pinarayi Vijayan on Thursday said the rescue mission in the landslide-hit Mundakkai region of Wayanad could take a few more days, and appointed a cabinet sub-committee of four ministers to coordinate the rescue efforts.

9 killed as heavy rains lash Telangana; 99 trains cancelled

9 killed as heavy rains lash Telangana; 99 trains cancelled

Rediff.com1 Sep 2024

Due to heavy rains and waterlogging over the tracks at several locations on South Central Railway network, as many as 99 trains were cancelled and four trains were partially cancelled while 54 trains were diverted, an SCR official said.

Pawan Kalyan to be Andhra dy CM; Naidu's son gets IT

Pawan Kalyan to be Andhra dy CM; Naidu's son gets IT

Rediff.com15 Jun 2024

The actor-turned-politician has been allotted Panchayat Raj and Rural Development, Environment, Forests, and Science and Technology portfolios.

Does govt plan to junk MTNL, BSNL merger?

Does govt plan to junk MTNL, BSNL merger?

Rediff.com13 Jul 2024

The government is considering the option of handing over operations of Mahanagar Telephone Nigam Ltd (MTNL) to BSNL through an agreement, instead of pursuing a merger route, a source privy to the development said. A final call on this is likely to be taken in a month's time. The source said the option of handing over debt-laden MTNL's operations to Bharat Sanchar Nigam Ltd (BSNL) through an agreement is being looked into.

India Working on 30,000 cr Maritime Development Fund

India Working on 30,000 cr Maritime Development Fund

Rediff.com26 Sep 2024

The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

Rediff.com24 Feb 2024

The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said. The commerce department had sought the Union Cabinet's nod to bring amendments to the existing SEZ Act, 2005 late last year. The plan, thereafter, was to introduce the Bill in the winter session of Parliament. Cabinet's approval remains pending.

Telcos reiterate demands over FSC, 6 GHz spectrum

Telcos reiterate demands over FSC, 6 GHz spectrum

Rediff.com13 Jun 2024

Telecom service providers have doubled down on their demands for a proposed fair-share charge (FSC) to be levied on major over-the-top (OTT) service providers, opening up the 6 GHz spectrum band and increasing the number of testing labs for telecommunication products. Telecom industry body Cellular Operators Association of India (COAI) on Wednesday said these were the topmost demands for Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government. The industry body wants this additional capital expenditure to be borne by these Large Traffic Generator (LTGs) OTTs as a proposed fair-share charge.

'No Intention Of A Takeover in British Telecom'

'No Intention Of A Takeover in British Telecom'

Rediff.com22 Aug 2024

'We operate in 16 countries already, and therefore adding the UK to it, and beginning a chapter in the European continent is the next step.'

Tech, startup groups push back against OTT licensing

Tech, startup groups push back against OTT licensing

Rediff.com20 Aug 2024

Tech and startup industry bodies have again pushed back against calls by telecom operators to bring over-the-top (OTT) services under a licensing regime similar to telcos, and open them up to taxation. Ahead of public consultations on the issue later this week, the Internet & Mobile Association of India (IAMAI), Nasscom and the US India Strategic Partnership Forum (USISPF), among others, have written to the government arguing against such efforts.

Assam flood toll rises to 58, more than 23 lakh affected

Assam flood toll rises to 58, more than 23 lakh affected

Rediff.com7 Jul 2024

Dhubri is the worst-hit district, followed by Cachar and Darrang.

MSRTC strike disrupts Ganesh festival travel statewide

MSRTC strike disrupts Ganesh festival travel statewide

Rediff.com4 Sep 2024

The employees are demanding salary parity with state government employees, seeking a pay scale adjustment to match that of their counterparts in the state sector.

Bulldozer action on actor Nagarjuna's convention centre

Bulldozer action on actor Nagarjuna's convention centre

Rediff.com24 Aug 2024

Nagarjuna in a post on 'X' said they had "not done any actions in violation of law" and the demolition was clearly carried out "wrongfully based on misinformation".

1 killed in Delhi income tax office blaze; officials say no data loss in fire

1 killed in Delhi income tax office blaze; officials say no data loss in fire

Rediff.com14 May 2024

According to a police officer, the fire started in the office of the Commissioner in room number 325 on the third floor of the building. He said many of the employees were outside the building as it was lunchtime, otherwise, the casualty could have been more.

Kejriwal resigns, Atishi set to be next Delhi CM

Kejriwal resigns, Atishi set to be next Delhi CM

Rediff.com17 Sep 2024

The Aam Aadmi Party led by its chief minister designate Atishi staked claim to form a new government in Delhi on Tuesday shortly after Arvind Kejriwal resigned from the post, an effort seen as a bold gambit to seize the initiative ahead of assembly elections due in five months.

10 dead, over dozen ill after consuming illicit liquor in TN

10 dead, over dozen ill after consuming illicit liquor in TN

Rediff.com19 Jun 2024

Chief Minister M K Stalin has ordered a CB-CID probe to ensure comprehensive investigation and the government transferred Kallakurichi District Collector Sravan Kumar Jatavath and Superintendent of Police Samay Singh Meena was suspended, a statement said.

30 flyers held for 'smuggling' flee Lucknow airport

30 flyers held for 'smuggling' flee Lucknow airport

Rediff.com4 Apr 2024

Thirty people who were detained at the Lucknow airport for allegedly smuggling gold into the country escaped after one of them pretended to fall sick and created chaos, officials said.

Centre to induct more private sector specialists in govt departments

Centre to induct more private sector specialists in govt departments

Rediff.com5 Feb 2021

Candidates will be short-listed for interview on the basis of the information provided by them in their online application, the statement said.

Couldn't pump out water from coaching class because...: Probe

Couldn't pump out water from coaching class because...: Probe

Rediff.com30 Jul 2024

The interim magisterial inquiry report and the MCD Karol Bagh zone superintending engineer report were submitted to revenue minister Atishi who alleged that the "bureaucracy" was showing "laxity" in investigating the death of the civil services aspirants.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

M&M's stock races ahead on strong Q4 performance, outlook healthy

M&M's stock races ahead on strong Q4 performance, outlook healthy

Rediff.com25 May 2024

Mahindra & Mahindra (M&M) reported very strong results for the January-March quarter of the last financial year (Q4FY24), beating consensus comfortably. The margins of the automobile business improved 170 basis points (bps) year-on-year (Y-o-Y) to 8.8 per cent, while FES (Farm Equipment Sector) margins improved to 15.8 per cent (up 60 bps Y-o-Y), despite a decline in volumes due to cost optimisation and lower raw material costs.

Telecom industry wants govt to junk USOF, slash duties

Telecom industry wants govt to junk USOF, slash duties

Rediff.com27 Jan 2024

Telecom services providers have urged the Ministry of Finance to suspend the universal service obligation (USOF) till the existing corpus is exhausted. In their Budget recommendations, they have also pressed for an exemption from the service tax on "assignment of right to use natural resources" and the slashing of Customs duty on telecom equipment to zero. The Cellular Operators Association of India (Coai), which represents private sector telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea, called for abolishment of USOF levy.

Free Divestment From Finance Ministry

Free Divestment From Finance Ministry

Rediff.com21 Mar 2024

The new government that presents the full Budget for 2024-2025 in July should be ready to restructure the way divestment is managed and implemented, proposes A K Bhattacharya.