News for 'Department of Revenue'

Fadnavis gets home, finance; BJP bags key portfolios in Maha cabinet

Fadnavis gets home, finance; BJP bags key portfolios in Maha cabinet

Rediff.com14 Aug 2022

Five days after the induction of 18 ministers into his cabinet, Maharashtra Chief Minister Eknath Shinde on Sunday allocated portfolios, keeping Urban Development and 11 other ministries with himself, while giving the crucial Home Department to Deputy CM Devendra Fadnavis.

I-T raids at manufactures of Dolo-650

I-T raids at manufactures of Dolo-650

Rediff.com6 Jul 2022

The Income Tax department Wednesday conducted searches at the premises of Bengaluru-based pharmaceutical company Micro Labs Ltd, the manufacturers of Dolo-650 tablet that was widely used by COVID-19 patients during the last over two years, on charges of alleged tax evasion. Officials said the department is looking at financial documents, balance sheets and business distributor networks of the company as part of the searches. The PTI has sent queries on the action to the company and a response is awaited.

CBI registers FIR against Manish Sisodia in 'snooping case'

CBI registers FIR against Manish Sisodia in 'snooping case'

Rediff.com17 Mar 2023

The agency has booked Sisodia, a 1992-batch IRS officer Sukesh Kumar Jain who was then secretary of vigilance, retired CISF DIG Rakesh Kumar Sinha who was working as special advisor to Chief Minister Arvind Kejriwal and joint director in the Feedback Unit, they said.

Ban on single-use plastic items kicks in

Ban on single-use plastic items kicks in

Rediff.com1 Jul 2022

The ban on certain single-use plastic (SUP) items kicks in from Friday, with state governments initiating an enforcement campaign to identify and close down units engaging in production, distribution, stocking and sale of such items, officials said. Though several manufacturers have said they are not prepared to implement the ban due to a lack of alternatives, Union Environment Minister Bhupender Yadav had on Tuesday said the government had given enough time to the industry and the general public to prepare for the ban on SUP items and it hopes for everyone's cooperation in implementing it from July 1. Violation of the ban will invite punitive action, including a fine or a jail term or both, detailed under Section 15 of the Environment Protection Act (EPA) and under bylaws of respective municipal corporations, officials in the Union environment ministry said.

SC to announce panel of experts tomorrow in Adani shares crash case

SC to announce panel of experts tomorrow in Adani shares crash case

Rediff.com1 Mar 2023

The Supreme Court is scheduled to pronounce on Thursday its order on a batch of PILs on the recent Adani group shares crash triggered by the Hindenburg Research's fraud allegations.

The Importance Of Being Siddaramaiah

The Importance Of Being Siddaramaiah

Rediff.com19 May 2023

Siddaramaiah, who hails from the shepherd Kuruba caste, holds the record for presenting the highest number of Budgets in Karnataka -- 13 so far. He has often spoken about how he was mocked in 1994 before he presented his first Budget. 'Some people asked, "Can he count sheep?",' Siddaramaiah told a regional news channel.

Spectrum auction expected in Jan, revenue target at Rs 11k cr

Spectrum auction expected in Jan, revenue target at Rs 11k cr

Rediff.com24 Sep 2013

The government has set a total revenue target of Rs 40,874.5 crore (Rs 408.74 billion) this fiscal from spectrum, including auction amount, one-time spectrum charge and annual regular licence fee.

WWE chief Vince McMahon to retire amid probe into misconduct claims

WWE chief Vince McMahon to retire amid probe into misconduct claims

Rediff.com24 Jul 2022

McMahon was being investigated by the board for agreements to pay $12 million over the past 16 years to suppress allegations of sexual misconduct

Swollen Yamuna calming as AAP alleges 'conspiracy', BJP hits back

Swollen Yamuna calming as AAP alleges 'conspiracy', BJP hits back

Rediff.com15 Jul 2023

Bharadwaj said it has not rained in Delhi in the last 3-4 days, yet still the water level in Yamuna reached 208.66 metres.

Crisis forgotten as Maha govt issues orders worth crores over 4 days

Crisis forgotten as Maha govt issues orders worth crores over 4 days

Rediff.com24 Jun 2022

Even as the Shiv Sena-led Maha Vikas Aghadi dispensation is currently facing a survival crisis due to a rebellion by Sena minister Eknath Shinde, the departments -- mostly controlled by ruling allies Nationalist Congress Party and Congress -- have issued government orders for the release of funds for various development-related works worth thousands of crores in the last four days.

Yamuna at all-time high, Kejriwal sends SOS to Centre

Yamuna at all-time high, Kejriwal sends SOS to Centre

Rediff.com12 Jul 2023

Delhi Chief Minister Arvind Kejriwal on Wednesday urged the Centre to intervene to ensure that levels of the Yamuna, flowing at an all-time high of 207.55 metres, don't rise further.

Govt lifts expenditure curbs linked to Covid-19

Govt lifts expenditure curbs linked to Covid-19

Rediff.com24 Sep 2021

The finance ministry on Friday withdrew expenditure curbs on various departments and ministries imposed in June in the wake of the COVID-19 second wave, reflecting improvement in public finances and the urgency to step up growth.

Vodafone Idea in talks with vendors for 5G rollout

Vodafone Idea in talks with vendors for 5G rollout

Rediff.com16 Feb 2023

Vodafone Idea (Vi) is in continuous talks with network vendors to finalise its 5G rollout plans, Vodafone Idea CEO Akshaya Moondra said. "We are in early stages of 5G deployment. "5G is an important development and we are keeping our eyes on it," Moondra said on Wednesday in a post-result analyst call. Already five months behind rivals Jio and Airtel in the 5G race, Vi's efforts will be on the deployment of 5G in target geographies.

Nitish keeps home, Tejashwi gets health; JD-U ministers get depts back

Nitish keeps home, Tejashwi gets health; JD-U ministers get depts back

Rediff.com17 Aug 2022

Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.

Spectrum auction: Govt revenues reach Rs 1.03 lakh cr

Spectrum auction: Govt revenues reach Rs 1.03 lakh cr

Rediff.com17 Mar 2015

More than 87 per cent of the spectrum has been allocated to bidders.

Biparjoy wreaks havoc in Gujarat, 2 dead; electric polls, trees uprooted

Biparjoy wreaks havoc in Gujarat, 2 dead; electric polls, trees uprooted

Rediff.com16 Jun 2023

Cyclone Biparjoy made landfall near Jakhau Port in Gujarat on Thursday evening with a wind speed of 115-125 kmph gusting to 140 kmph as heavy rains lashed the coastal region, where several areas plunged into darkness due to power cuts and a large number of trees, electric poles and hoardings got uprooted.

Sebi to refer DLF lapses to ministry, I-T department

Sebi to refer DLF lapses to ministry, I-T department

Rediff.com15 Oct 2014

According to sources familiar with the development, Sebi has decided to make references to the Ministry of Corporate Affairs and the Department of Revenue, citing violations of the Acts these bodies govern.

Rs 6,000 cr scam accused may get Maha cabinet berth

Rs 6,000 cr scam accused may get Maha cabinet berth

Rediff.com10 Aug 2022

All the Shiv Sena rebels who had resigned as ministers of the previous MVA government to join the Shinde camp were inducted into the new cabinet on Tuesday.

Post Air India-Tata deal, govt staff are free to book tickets on any airline

Post Air India-Tata deal, govt staff are free to book tickets on any airline

Rediff.com2 Nov 2021

Post handing over of Air India to the Tatas, government officials will be free to book their travel with any airline that offers them the best price. And, the Centre will not have a tie up with any carrier, department of investment and public asset management (DIPAM) secretary Tuhin Kanta Pandey said. "The government is not mandating travel by any particular airline, going forward, after handing over Air India because there won't be any state-owned airline," he said. The department of expenditure (DoE) will soon issue instructions to government departments for official travel as this needs to be done before handing over Air India to the new buyer, he said.

Uddhav strips 9 rebel ministers of portfolios, reassigns to others

Uddhav strips 9 rebel ministers of portfolios, reassigns to others

Rediff.com27 Jun 2022

Maharashtra Chief Minister Uddhav Thackeray has handed over portfolios of nine rebel ministers, who are currently camping in Guwahati, to other ministers.

Govt gets 5.59 lakh public grievances so far this yr

Govt gets 5.59 lakh public grievances so far this yr

Rediff.com12 Jul 2022

The Centre received 5.59 lakh public grievances against various government departments in the first half of this year, with the Department of Financial Services (DFS) getting most of such complaints, according to an official report.

Govt gets 33.44% Vodafone Idea pie post equity allocation

Govt gets 33.44% Vodafone Idea pie post equity allocation

Rediff.com7 Feb 2023

Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allocation has become the largest shareholder with a 33.44 per cent stake in the company. The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments, the company said in a regulatory filing. "...it is hereby informed that the board of directors of the company has, at its meeting held today approved the allotment of 16,133,198,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per equity share aggregating to Rs 161,331,848,990 to the Department of Investment and Public Asset Management, Government of India," the filing said.

Maximum tenure of 5 years for chiefs of CBI and ED, says SC

Maximum tenure of 5 years for chiefs of CBI and ED, says SC

Rediff.com11 Jul 2023

The Supreme Court on Tuesday upheld the validity of two central laws and the corresponding rules that provide for a maximum tenure of five years for the directors of the CBI and Enforcement Directorate.

Goa CM distributes portfolios, retains home, finance

Goa CM distributes portfolios, retains home, finance

Rediff.com3 Apr 2022

Vishwajit Rane, who had unsuccessfully lobbied for the CM's post, has been given crucial Health and Town and Country Planning Portfolios along with Urban Development, Women and Child, and Forest departments.

T20 WC: Rain likely to intervene at Indo-Pak match

T20 WC: Rain likely to intervene at Indo-Pak match

Rediff.com21 Oct 2022

On Friday evening, there was sharp spell of shower in Melbourne and repeat of this on Sunday could spell doom for cricket fans.

'The impact of El Nino is always a matter of concern'

'The impact of El Nino is always a matter of concern'

Rediff.com6 Jun 2023

'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'

SC to hear pleas related to Adani stock rout, may set up panel

SC to hear pleas related to Adani stock rout, may set up panel

Rediff.com17 Feb 2023

The crucial hearing on the PILs by a bench headed by Chief Justice D Y Chandrachud assumes significance in the wake of recent developments in which the Centre agreed to the apex court's proposal to set up a committee, likely to be headed by a former Supreme Court judge, to look into the regulatory regimes.

Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

Rediff.com16 Feb 2023

A fresh PIL was filed on Thursday in the Supreme Court seeking a probe by multiple central government agencies under the supervision of a panel or a former apex court judge against the Adani Group of companies following allegations of fraud and share price manipulation made by the US-based Hindenburg Research.

Meet FM's A-team behind Budget 2022

Meet FM's A-team behind Budget 2022

Rediff.com31 Jan 2022

Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.

A start-up that doubles revenue, every year!

A start-up that doubles revenue, every year!

Rediff.com27 Oct 2014

From an idea inititated in a hostel room, Hearing Plus went on to become a national chain of hearing treatment clinics.

Nashik CP among top cops transferred in Maharashtra

Nashik CP among top cops transferred in Maharashtra

Rediff.com21 Apr 2022

Jayant Naiknavare, deputy inspector general of police (VIP security), will replace Pandey as the Nashik police commissioner.

22 dead as houseboat capsizes in Kerala's Malappuram

22 dead as houseboat capsizes in Kerala's Malappuram

Rediff.com8 May 2023

Sports Minister V Abdurahiman said 20 deaths were confirmed on the basis of information from various hospitals where those pulled out from the water and inside the boat were admitted.

Centre mulls raising tax-free slab to Rs 5 lakh

Centre mulls raising tax-free slab to Rs 5 lakh

Rediff.com19 Dec 2022

Policymakers are examining the possibility of increasing the tax-free slab to Rs 5 lakh in the two-year-old alternative personal income tax regime to make it attractive, a government official said. At present, taxpayers don't pay income tax if their taxable income is Rs 2.5 lakh and below. Increasing the threshold will reduce the tax outgo for assessees, thereby leaving more money with them to invest, the official said.

UK Govt steps in to amend Chelsea's ticket sales ban

UK Govt steps in to amend Chelsea's ticket sales ban

Rediff.com24 Mar 2022

The British Govt amended the Special License enabling Chelsea FC to sell tickets to select competitions to fans

Joshimath Tourism Industry Stares At Sinking Fortunes

Joshimath Tourism Industry Stares At Sinking Fortunes

Rediff.com11 Jan 2023

The tourism industry plays a vital role in the town, accounting for 70 per cent of its economy, according to experts.

GST collection up 18% at over Rs 1.33 lakh cr in Feb

GST collection up 18% at over Rs 1.33 lakh cr in Feb

Rediff.com1 Mar 2022

GST collections in February grew 18 per cent to over Rs 1.33 lakh crore in February even as the Omicron wave dented the month-on-month collection momentum. This is for the fifth time in the current fiscal that the Goods and Services Tax (GST) collection has crossed Rs 1.30 lakh crore mark. Also, this is the first time, cess collection has crossed the Rs 10,000 crore mark, signifying recovery in certain key sectors, especially automobile sales, the finance ministry said on Tuesday.

Bengal, Odisha on alert as cyclone likely to hit east coast on Oct 25

Bengal, Odisha on alert as cyclone likely to hit east coast on Oct 25

Rediff.com21 Oct 2022

Odisha is bracing for heavy rainfall early next week under the impact of a possible cyclone in the Bay of Bengal, which is likely to skirt the state and move towards West Bengal and Bangladesh, the Indian Meteorological Department (IMD) said on Friday.

Uniform Civil Code, NRC, freebies in BJP's K'taka poll manifesto

Uniform Civil Code, NRC, freebies in BJP's K'taka poll manifesto

Rediff.com1 May 2023

It also promised to launch the 'Poshane' scheme through which every BPL household will be provided with half litre 'Nandini' milk every day and five kg 'Shri Anna - siri dhanya' through monthly ration kits.

'Government is mindful of interests of retail and small investors'

'Government is mindful of interests of retail and small investors'

Rediff.com29 Nov 2021

'The government will take proactive steps to see that their participation in the equity market, especially in PSU stocks, is rewarding.'

'No choice': Elon Musk justifies mass layoffs at Twitter

'No choice': Elon Musk justifies mass layoffs at Twitter

Rediff.com5 Nov 2022

Musk has blamed activists for a significant drop in the company's revenues.