News for 'Department of Revenue'

Decades of warnings preceded Sikkim disaster

Decades of warnings preceded Sikkim disaster

Rediff.com5 Oct 2023

A GLOF occurred in parts of Lhonak Lake, leading to a rapid rise in water levels with very high velocities downstream along the Teesta River Basin in the early hours of October 4. This resulted in severe damage in Mangan, Gangtok, Pakyong and Namchi districts.

Buzz: Azam-led Pak squad depart for New Zealand tour

Buzz: Azam-led Pak squad depart for New Zealand tour

Rediff.com23 Nov 2020

Ahead of their departure, the skipper shared a picture on Twitter and captioned it as: "Next stop, New Zealand."

Did Mumbai Pay Rs 5 Trillion In Taxes?

Did Mumbai Pay Rs 5 Trillion In Taxes?

Rediff.com3 Apr 2023

Mumbai, which adds 37 per cent to the total direct tax mop-up, has reported tax collection of Rs 4.93 trillion so far, against the full-year target of Rs 5.35 trillion.

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

BSNL revenue may fall by Rs 6500 cr

BSNL revenue may fall by Rs 6500 cr

Rediff.com5 Jul 2005

In a sharp contrast to the boom in the telecom sector, the revenue of public sector BSNL may take a hit of Rs 6,500 crore (Rs 65 billion) in the current financial year adversely affecting the telecom monolith's profitability.

SC rejects Custom's plea against Adani firms

SC rejects Custom's plea against Adani firms

Rediff.com28 Mar 2023

The Supreme Court has dismissed an appeal filed the customs department against Adani Power Maharashtra Limited (APML), Adani Power Rajasthan Limited (APRL) and others in a case pertaining to alleged over-valuation of imported goods. "We have heard Balbir Singh, Additional Solicitor General appearing for the appellant(s), and Mukul Rohatgi, senior counsel appearing for the respondents, at length. "We are of the considered opinion that the matters are concluded by the findings of fact recorded by the authorities below and the impugned order(s) does not require any interference at our behest.

Draining weir to retrieve phone: 3 officials booked, 1 suspended

Draining weir to retrieve phone: 3 officials booked, 1 suspended

Rediff.com1 Jun 2023

The FIR was lodged against food inspector Rajesh Vishwas, Sub-Divisional Officer of Pakhanjore RL Dhivar and Sub-Engineer Chhotelal Dhruv, both from the water resources department, at the Pakhanjore police station based on a complaint of nayab tehsildar (revenue official) of the area, a police official said.

'Ulterior political motives': Oppn on extension to ED chief

'Ulterior political motives': Oppn on extension to ED chief

Rediff.com28 Jul 2023

The Supreme Court on Thursday extended Mishra's tenure till the midnight of September 15 in larger "public and national interest", after the Centre asserted that his continuity is necessary in view of the ongoing FATF peer review and attempts by India's neighbours to ensure that the country gets into the "grey" list.

Heavy rains bring life to a standstill in many parts of Kerala

Heavy rains bring life to a standstill in many parts of Kerala

Rediff.com5 Jul 2023

As the heavy rains continued on Wednesday also, Orange alert was sounded in 12 of the 14 districts of the state for the day.

Yamuna at highest level in 20 years, Delhi shuts bridge

Yamuna at highest level in 20 years, Delhi shuts bridge

Rediff.com11 Jul 2023

The Yamuna river in Delhi swelled to the highest recorded level in 10 years on Tuesday and is expected to rise further, officials said on Tuesday.

From electronics to semiconductor, MNCs in search of policy stability

From electronics to semiconductor, MNCs in search of policy stability

Rediff.com29 May 2023

Their favourite alternatives: Malaysia, Vietnam and the Philippines. Note, India is missing from that list. And this is despite an attractive financial incentive scheme for OSAT players. The reason, said a senior executive of a US chip company who had a meeting in Taiwan just a few weeks ago, is that "they want more predictability in government policy because they plan to put in big money."

SC junks NSA case against SP leader in UP, pulls up state

SC junks NSA case against SP leader in UP, pulls up state

Rediff.com12 Apr 2023

"Is this a case for NSA?," the bench asked the state's counsel while observing that this is why allegations of political vendetta crops up.

Delhi starts evacuating people from Yamuna floodplains

Delhi starts evacuating people from Yamuna floodplains

Rediff.com10 Jul 2023

Evacuation of people living in low lying areas of the Yamuna floodplains began Monday evening with the river crossing the danger mark due to release of water from Hathnikund barrage in Haryana amid heavy rains in the northern belt of the country.

'Angel tax' provisions in Finance Bill will not impact startups

'Angel tax' provisions in Finance Bill will not impact startups

Rediff.com21 Feb 2023

The 'angel tax' provision in the Finance Bill will not impact startups in India, a senior government official said on Tuesday. Startups which are registered with the Department for Promotion of Industry and Internal Trade do not come under the purview, Anurag Jain, the secretary in the department said while speaking at the IVCA Conclave. "Let me put one thing very clearly. It doesn't affect startups in the least," he said, addressing the audience at the event organized by the venture capital industry lobby grouping.

GST evasion of Rs 55,575 cr detected in last 2 years

GST evasion of Rs 55,575 cr detected in last 2 years

Rediff.com10 Nov 2022

GST authorities have detected GST fraud of Rs 55,575 crore over the last two years and arrested over 700 persons for causing loss to the exchequer, an official said on Thursday. Over 22,300 fake GST identification numbers (GSTIN) were detected by the officers of the Directorate General of GST Intelligence (DGGI). The government on November 9, 2020, launched a nationwide special drive against unscrupulous entities for availing and passing on Input Tax Credit (ITC) fraudulently by issuing fake/bogus invoices, thereby evading Goods and Services Tax (GST).

I-T Goes After Rs 7.7 Trillion Tax Arrears

I-T Goes After Rs 7.7 Trillion Tax Arrears

Rediff.com5 Jan 2023

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved.

I-T notices to high net individuals boosted govt revenues

I-T notices to high net individuals boosted govt revenues

Rediff.com25 Feb 2014

The government managed to raise revenues by sending notices to high net individuals to did not file I-T returns last year.

Noel Tata's Retail Masterstroke

Noel Tata's Retail Masterstroke

Rediff.com8 Sep 2023

His value lifestyle brand Zudio signals a coming of age of retail in small town India.

Divestment department gets a fancy name 'Dipam' but wings clipped

Divestment department gets a fancy name 'Dipam' but wings clipped

Rediff.com2 Mar 2016

The guidelines for strategic disinvestment were issued on Monday itself when Finance Minister Arun Jaitley presented the Union Budget for 2016-17.

Respond to I-T Notice Within 21 Days

Respond to I-T Notice Within 21 Days

Rediff.com3 Jul 2023

If you have any grievances or disputes regarding the demand stated in the notice, consider seeking professional help.

I-T sleuths raid unrecognised political parties across India

I-T sleuths raid unrecognised political parties across India

Rediff.com7 Sep 2022

The income tax department on Wednesday conducted raids in multiple states as part of a pan-India tax evasion probe against certain registered unrecognised political parties (RUPP) and their alleged dubious financial transactions, official sources said.

Cyclone coming but coastal Kutch residents don't want to move

Cyclone coming but coastal Kutch residents don't want to move

Rediff.com13 Jun 2023

Hundreds of people are being evacuated from coastal villages in Kutch district in view of cyclone Biparjoy, but authorities are facing a challenge as many villagers are reluctant to leave their livestock and belongings behind.

DDA stops demolition drive in Mehrauli; HC orders status quo till Feb 16

DDA stops demolition drive in Mehrauli; HC orders status quo till Feb 16

Rediff.com14 Feb 2023

The high court further asked the Delhi Development Authority to state its stand on a batch of petitions challenging the action and also seeking a bar on the demolition till a fresh "demarcation report" is prepared.

Thinkfest: Revenue dept looking into tax paymt by event mgmt co

Thinkfest: Revenue dept looking into tax paymt by event mgmt co

Rediff.com29 Nov 2013

The Central revenue department is inquiring into the payment of service tax by the event management firm which had organised the controversial Thinkfest on behalf of the Tehelka magazine.

Bihar minister, accused in 2014 kidnapping case, resigns amid protests

Bihar minister, accused in 2014 kidnapping case, resigns amid protests

Rediff.com1 Sep 2022

Kartik Kumar, a Rashtriya Janata Dal MLC, who became the state's law minister in the new Nitish Kumar government, resigned hours after being moved to a lesser significant Sugarcane Department on Wednesday night.

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Rediff.com27 Jan 2023

Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.

CAG picks holes in Gujarat government's financial practices

CAG picks holes in Gujarat government's financial practices

Rediff.com29 Mar 2023

The Comptroller and Auditor General of India (CAG) has pointed out several flaws in the financial practices of the Gujarat government and said there was a need to formulate a realistic budget based on the needs of the departments.

Yamuna flows above danger mark in Delhi, evacuation on

Yamuna flows above danger mark in Delhi, evacuation on

Rediff.com11 Jul 2023

An official from East Delhi district said the evacuation process began on Monday night after floodwaters entered some areas.

Gehlot: Kanhaiya Lal's killers should've been hanged, but...

Gehlot: Kanhaiya Lal's killers should've been hanged, but...

Rediff.com22 Nov 2023

Rajasthan Chief Minister Ashok Gehlot on Wednesday said the accused in the Kanhaiya Lal killing case in Udaipur were 'linked' to the Bharatiya Janata Party and should have been 'hanged by now' but the investigation by the National Investigation Agency was not progressing as it should.

Twitter patient on revenue from India

Twitter patient on revenue from India

Rediff.com12 Aug 2014

The California-headquartered company has not only seen more Indians coming to its platform, it has also seen engagement and conversation on various subjects going up manifold.

'Extreme situation' in Delhi as Yamuna swells to record level

'Extreme situation' in Delhi as Yamuna swells to record level

Rediff.com13 Jul 2023

The water level at the Old Railway Bridge crossed the 208-metre mark Wednesday night and rose to 208.48 metres by 8 am on Thursday. It is expected to rise further, according to the Central Water Commission, which has termed it an "extreme situation".

Yamuna breaches danger mark again; floods likely in Delhi

Yamuna breaches danger mark again; floods likely in Delhi

Rediff.com23 Jul 2023

The water level of the Yamuna in Delhi breached the danger mark again on Sunday following a surge in discharge from the Hathnikund Barrage into the river after heavy rain in parts of Uttarakhand and Himachal Pradesh.

Haryana govt red-faced as officials give Vadra clean chit in DLF land deal

Haryana govt red-faced as officials give Vadra clean chit in DLF land deal

Rediff.com22 Apr 2023

No violation of rules or regulations were found in the transfer of land by businessman Robert Vadra's Skylight Hospitality to realty major DLF, the Haryana government has told the Punjab and Haryana high court in Chandigarh.

3-day survey found many tax-linked irregularities at BBC, says I-T dept

3-day survey found many tax-linked irregularities at BBC, says I-T dept

Rediff.com17 Feb 2023

The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities, the income tax authorities said Friday, a day after they ended a three-day-long survey operation against the British media organisation.

Satellite spectrum: Reliance Jio sends second legal opinion to Trai

Satellite spectrum: Reliance Jio sends second legal opinion to Trai

Rediff.com4 Sep 2023

Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business Standard has reviewed the letter.

GST Authority Summon Insurance Intermediaries

GST Authority Summon Insurance Intermediaries

Rediff.com2 Mar 2023

At least 120 insurance intermediaries and aggregators from across the country are under scrutiny, mainly from Mumbai, Gurugram and Bengaluru.

Now, PAN As A Single Business ID

Now, PAN As A Single Business ID

Rediff.com19 Jan 2023

'Each state and central government body may be asked to update its system to ensure PAN is used as a common identification to access its services.'

Delhi On Alert As Yamuna Crosses Danger Mark

Delhi On Alert As Yamuna Crosses Danger Mark

Rediff.com12 Jul 2023

The Yamuna river in Delhi swelled to 207.25 metres and was flowing precariously close to the all-time record level of 207.49 metres.

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Rediff.com11 Mar 2016

The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.

Revenue dept nod now must for duty free shops

Revenue dept nod now must for duty free shops

Rediff.com17 Nov 2008

A separate clearance will now be required from the finance ministry's revenue department, according to an official clarification issued earlier this week. The clarification assumes importance in the backdrop of increasing cases where FDI proposals have been opposed by the revenue department due to concerns over revenue losses.