Houses in low lying areas of Kerala were flooded in the heavy rains, while the accompanying strong winds uprooted trees, damaged homes and caused power disruptions, throwing normal way of life into disarray across the state.
Senior bureaucrat Tarun Bajaj was appointed revenue secretary as part of a top-level bureaucratic reshuffle by the Centre on Tuesday.
The collections from Goods and Services Tax (GST) grew by 15 per cent to over Rs 1.49 lakh crore in December 2022, indicating improved manufacturing output and consumption demand, besides better compliance. This is the 10th month in a row that the revenues have remained above the Rs 1.4 lakh crore mark. The collection in November was about Rs 1.46 lakh crore. "The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods)," the ministry said in a statement.
The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.
Nearly two million postcards and eight million letters pass through India's post offices daily.
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.
The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.
JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.
'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'
A day after his appointment as the 26th governor of the Reserve Bank of India (RBI), outgoing Revenue Secretary Sanjay Malhotra on Tuesday said one must understand the economic landscape and do what was best for the economy. "Let me first go, join, understand the turf ... Here it is a different role," Malhotra said, speaking to reporters in front of North Block.
So far, over 30 people have died across Northeastern states due to heavy rainfalls, floods and landslides, according to media reports.
India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains
Karnataka Chief Minister Siddaramaiah directed officials on Saturday to immediately retract all notices sent to farmers regarding Waqf land.
Shiv Sena's Dadaji Bhuse is the new school education minister while Uday Samant continues to be the industries minister.
Many states are realising that hosting mega events puts the spotlight on them and raises their profile.
Having observed variations in capital gains tax computation, the revenue department is working on a mechanism to analyse futures and options (F&O) trade data and pre-initial public offering (IPO) transactions. "The directorate of I-T systems is working on certain risk-assessment parameters to access the data, which could be on the basis of buying and selling prices of shares in F&Os, variations in margins, fair market value versus IPO prices, etc. "The idea is to segregate and process the voluminous data on equity derivatives for effective use," said a senior government official privy to the plan.
The 18 companies sanctioned include Marshall Islands-registered Changtai Shipping and Motionavigations Limited and UAE-based Indo Gulf Ship Management.
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, a top official said on Friday.
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.
The state government has directed a joint assessment of crop loss due to the cyclone by officials of the agriculture and revenue departments, he said.
The Sambhal district administration has restored possession of land to three Hindu families who had fled the area during riots in the district in 1978, officials said.
India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. The decision follows a recommendation for the same by the Commerce Ministry's investigation arm DGTR. Last month, the DGTR suggested to impose the duty.
'The Chairman has made it clear that relocating the series would damage the image of the PCB, and Rawalpindi and Multan should be used as the venues for the three-match series.'
A pack of stray dogs in Bahraich, Uttar Pradesh, has killed a 12-year-old girl and injured 14 people in the past 10 days. The situation has escalated to the point where the administration is advising residents to carry sticks when venturing out in the evening and urging parents not to allow children to go outside alone. The administration is conducting awareness campaigns and a sterilization drive to control the stray dog population. Authorities have also emphasized proper waste management to prevent strays from scavenging for food.
The Tirumala Tirupati Devasthanams (TTD), the custodian of Lord Venkateswara Swamy temple, has barred 18 employees from participating in all religious activities for allegedly partaking in non-Hindu activities. The decision has been defended by the Andhra Pradesh government, citing the need to protect the religious sentiments of Hindu devotees. The move has sparked debate, with some supporting the TTD's stance and others criticizing it as discriminatory.
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor on December 12, 2018, after the abrupt exit of Urjit Patel.
The Delhi assembly which held 74 sittings over its five-year term, met for an average of 15 days a year. On the days it met, the assembly sat for an average of three hours.
The Karnataka government has warned that disciplinary action will be taken against those officials who change the land mutation records and serve eviction notices to farmers under the Waqf Act.
The Uttar Pradesh government has deployed two senior IAS officers, who were part of the team that successfully conducted the 2019 Ardh Kumbh, to oversee the smooth conduct of the Maha Kumbh Mela in the wake of the recent stampede that left at least 30 pilgrims dead. The officers, Ashish Goyal and Bhanu Chandra Goswami, have extensive experience in administration in Prayagraj, including crowd management and inter-agency coordination. They will join Mela Adhikari Vijay Kiran Anand, forming a trio that was part of the mega fair six years ago. The government has also deployed additional senior police officers to strengthen security and crowd management ahead of Basant Panchami, one of the key bathing days of the festival, on February 3.
The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said. Agrawal also highlighted the government's focus on "non-intrusive" tax administration through enhanced use of Artificial Intelligence (AI) and simplified tax processes for common taxpayers. He emphasized the benefits of the new tax regime (NTR), which offers simple calculations and allows taxpayers to file their ITR without professional help. The CBDT chief stated that the Budget provisions related to income tax payment benefit all income earners, not just those earning Rs 12 lakh per annum, creating a positive sentiment in the economy and propelling growth. The department is also harnessing technology, including AI and data analytics, to widen and deepen the tax base, resulting in increased compliance and tax revenue. Agrawal further highlighted the positive impact of data availability and simplified tax processes on compliance rates, citing examples of taxpayers filing revised returns and paying taxes after being prompted by the department's data analysis.
A man declared dead by doctors woke up just as he was placed on the pyre much to the shock of those around but breathed his last a few hours later, the dramatic life and death story unfolding in Rajasthan's Jhunjhunu area over Thursday and Friday.
The Kerala Police are investigating the mysterious deaths of an IRS officer, his sister, and their mother in Kochi. The officer, Maneesh Vijay, and his sister, Shalini Vijay, were found hanging inside their house, while their mother, Shakuntala Agarwal, was discovered dead on her bed. Police have not yet established a direct link between the deaths and a CBI case in which Shalini was summoned as an accused. Preliminary findings suggest the siblings died by suicide, but the cause of their mother's death is still under investigation. The family had been residing in the quarters for the past year and a half but reportedly kept to themselves, maintaining limited interaction with neighbours, police added.
Candidates will be short-listed for interview on the basis of the information provided by them in their online application, the statement said.
According to the locals, Afsana was sleeping in her house in Pandohia village when a wolf attacked her and the marks of the animal's teeth were visible on her neck.
The India Meteorological Department (IMD) on Monday issued a warning of significant rainfall in Kerala due to cyclone Fengal, currently positioned as a strong low-pressure area over northern Tamil Nadu.
'The voice which came wherever I travelled was that we are proud taxpayers. We are honest taxpayers. We want to continue to serve the country by being good taxpayers.' 'But what do you think about the kind of things you can do for us?'
The latest biopic on Jyotibai Phule has come at a time when the Department of Taking Offence is super-active. Utkarsh Mishra feels it will be interesting to see if it portrays his attack on Brahminism in the same 'no holds barred' manner-- and, if it does, what reaction it provokes.
It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Nirmala Sitharaman, rare in Indian polity.
Enhertu currently costs around Rs 1.6 lakh per 100-milligram injection.
