News for 'Department of Revenue'

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."

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

Rediff.com29 May 2023

Shivakumar has got the all-important Major and Medium Irrigation and Bengaluru City Development, including the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Bangalore Metropolitan Region Development Authority and the Bangalore Metro Rail Corporation Limited.

More MLAs to quit, Sukhu govt will fall, says Himachal Cong rebel

More MLAs to quit, Sukhu govt will fall, says Himachal Cong rebel

Rediff.com2 Mar 2024

Rebel Himachal Pradesh Congress MLA Rajinder Rana on Saturday claimed that nine more party legislators 'feeling suffocated' due to Sukhvinder Singh Sukhu's style of functioning are in touch with him as he called the chief minister 'liar number one'.

Musk, The Blue Tick, Twitter's Future

Musk, The Blue Tick, Twitter's Future

Rediff.com18 Nov 2022

It would be ludicrous to expect Modi, Erdogan or Biden to pay to keep blue ticks on their respective official accounts. It would be equally ludicrous to expect the Delhi Metro or the Income Tax Department to pay, points out Devangshu Datta.

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.

Is There Time For A Reset For Paytm?

Is There Time For A Reset For Paytm?

Rediff.com12 Feb 2024

Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.

Atishi, Saurabh Bhardwaj to join Kejriwal cabinet

Atishi, Saurabh Bhardwaj to join Kejriwal cabinet

Rediff.com1 Mar 2023

The development comes after the resignation of Manish Sisodia and Satyendar Jain, the key faces of the city government and were instrumental in steering the national capital through the COVID-19 crisis.

Land allotment to RSS will be reviewed: Karnataka minister

Land allotment to RSS will be reviewed: Karnataka minister

Rediff.com9 Jun 2023

According to him, the purpose behind such allotment was to help these organisations grow and with that its ideologies should also grow.

Maha's Yavatmal sees 5 farmer suicides in 3 days over suspected crop loss

Maha's Yavatmal sees 5 farmer suicides in 3 days over suspected crop loss

Rediff.com19 Aug 2023

A local official confirmed the incidents but said the causes of these suicides were yet to be ascertained.

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.

Direct tax collection grows 26% from April-Nov

Direct tax collection grows 26% from April-Nov

Rediff.com31 Jan 2023

The gross tax revenues have touched 65 per cent of the Budget estimates at Rs 17.81 lakh crore during the first eight months of the current fiscal till November, propelled by corporate and personal income tax mop-up, according to the Economic Survey 2022-23 presented in Parliament on Tuesday. The survey, authored by Chief Economic Advisor V Anantha Nageswaran, said the 'substantial reforms' in India's taxation ecosystem post-2014 and policy reforms have removed the distortionary incentives from the economy. Reforms like GST, reduction in corporate taxes, exemption of sovereign wealth funds and pension funds from taxes, and removing Dividend Distribution tax have reduced the tax burden on individuals and businesses.

ED claims to have new evidence against Sisodia in excise case

ED claims to have new evidence against Sisodia in excise case

Rediff.com5 Apr 2023

The Enforcement Directorate on Wednesday told a Delhi court the investigation in the money laundering probe against Aam Aadmi Party leader Manish Sisodia in the alleged excise scam is at a "crucial' stage and it has found fresh evidence of his complicity.

5 Mistakes First-Time Entrepreneurs Must Avoid

5 Mistakes First-Time Entrepreneurs Must Avoid

Rediff.com12 Mar 2024

To take the 'Idea to Enterprise' journey, you need to be open about your idea and articulate it to potential customers, existing entrepreneurs, experts in your industry and well-wishers.

J-K admin sacks three employees for terror links

J-K admin sacks three employees for terror links

Rediff.com17 Jul 2023

The Jammu and Kashmir administration has sacked three employees, including the Kashmir University public relations officer, for allegedly working with Pakistan-based militant outfits, raising finances for them and propagating their ideology, officials said on Monday.

GST Council may take up e-game tax in December meet

GST Council may take up e-game tax in December meet

Rediff.com22 Oct 2022

It will also be new Revenue Secretary Sanjay Malhotra's first GST Council meeting. He will take charge after the incumbent Tarun Bajaj retires on November 30.

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.

Tax Sops Coming In Interim Budget!

Tax Sops Coming In Interim Budget!

Rediff.com23 Jan 2024

To offer additional support at the low end of the income ranges, the Centre will consider a large-scale jump in exemption rates under the old income-tax regime in the vote on account, or interim Budget, according to a senior official in the know. Those will include an extension of the income tax exemption rates close to Rs 7 lakh and additional measures for women farmers.

Most of Karnataka to be declared drought-hit

Most of Karnataka to be declared drought-hit

Rediff.com13 Sep 2023

The list of drought-hit taluks will be notified, following Chief Minister Siddaramaiah's approval.

Soren reaches Ranchi by road from Delhi; ED to quiz him on Wednesday

Soren reaches Ranchi by road from Delhi; ED to quiz him on Wednesday

Rediff.com30 Jan 2024

Amidst suspense about his whereabouts, Jharkhand Chief Minister Hemant Soren has reached his official residence in Ranchi, a source in the Chief Minister's Office (CMO) said on Tuesday.

Next spectrum auction likely in February

Next spectrum auction likely in February

Rediff.com7 Dec 2023

The next spectrum auction will be held in late February 2024 and the reserve price for most bands will remain the same as the 2022 auction, department of telecommunications (DoT) officials have said. The government expects operators to go for low bands beginning in 600 megahertz (MHz), licences for many of which are lapsing soon. Back in September 2021, the government had decided that spectrum auctions should be held annually.

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.

Did IPL 2023 Make Money For Jio/Disney?

Did IPL 2023 Make Money For Jio/Disney?

Rediff.com8 Jun 2023

'Advertising this season will help IPL surpass $550 million in ad revenues, across digital and pay TV.' 'It should still represent a steep loss against annualised 2023-2027 IPL rights fees of $1.2 billion.'

Paytm Crisis: StartUp Founders Take Note

Paytm Crisis: StartUp Founders Take Note

Rediff.com22 Feb 2024

Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.

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.

Bombay HC judge quits, says 'can't work against self-respect'

Bombay HC judge quits, says 'can't work against self-respect'

Rediff.com4 Aug 2023

Bombay High Court Justice Rohit Deo on Friday said he has resigned.

India's Chip Dreams Won't Happen Unless...

India's Chip Dreams Won't Happen Unless...

Rediff.com15 May 2023

OSAT majors have concerns about India's ability to provide a stable, predictable, and lasting policy environment for years to come, which is key for making a decision in a capital-intensive business.

Himachal rain fury: Death toll rises to 74

Himachal rain fury: Death toll rises to 74

Rediff.com17 Aug 2023

Since the onset of the monsoon on June 24, 217 persons have died in rain-related incidents in Himachal Pradesh.

How To Claim HRA

How To Claim HRA

Rediff.com29 Jan 2024

A taxpayer paying rent to his/her spouse is entitled to claim HRA benefit under relevant sections and within prescribed limits.

HCL Tech bucks trend, PAT up 16.7%, but CEO departs

HCL Tech bucks trend, PAT up 16.7%, but CEO departs

Rediff.com21 Oct 2016

IT services firm HCL Technologies on Friday reported a 16.7 per cent increase in net profit at Rs 2,014 crore for the quarter ended September 2016.

Shaktikanta Das: RBI Governor Who Walks The Talk

Shaktikanta Das: RBI Governor Who Walks The Talk

Rediff.com13 Mar 2024

'Das is friendly, but he finally does what he does. The quality of engagement is very good.'

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.

ED presents Hemant Soren's WhatsApp chats in court

ED presents Hemant Soren's WhatsApp chats in court

Rediff.com7 Feb 2024

The Enforcement Directorate (ED) on Wednesday produced WhatsApp chat records between former Jharkhand chief minister Hemant Soren and a close associate where information related to transfer and posting of state government officials involving 'huge amount of money' is alleged to have been discussed.

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).

Nirmalaji And Why I Was Suspended!

Nirmalaji And Why I Was Suspended!

Rediff.com2 Feb 2024

'My protest was in the interest of the nation.' 'I am just doing my duty as a citizen of this country.'

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.

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.

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.

'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.

Bizarre! Mortar shell carried by floodwaters explodes, boy killed

Bizarre! Mortar shell carried by floodwaters explodes, boy killed

Rediff.com6 Oct 2023

At least two persons were killed and four others injured in West Bengal's Jalpaiguri district as a mortar shell, reportedly carried by the floodwaters of Teesta river, exploded, police said on Friday.