News for 'Department of Revenue'

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.

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.

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.

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.

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.

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.

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.'

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.'

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.

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.

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.

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.

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.

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.

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.'

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.

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.

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.

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.

Soren refused to receive arrest order; has 'illegal land possession': ED

Soren refused to receive arrest order; has 'illegal land possession': ED

Rediff.com1 Feb 2024

A dozen land parcels in Ranchi measuring about 8.5 acres in total are in 'illegal possession, occupation and use' of arrested former Jharkhand chief minister Hemant Soren and are proceeds of crime under the anti-money laundering law, the Enforcement Directorate has claimed.

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).

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.

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.

What's taking the sheen off Sivakasi's firecracker sales?

What's taking the sheen off Sivakasi's firecracker sales?

Rediff.com30 Oct 2023

A complete ban on firecrackers in Delhi until January 1, the government's refusal to grant licences for sales in Karnataka, and restrictions in the Noida region are adversely affecting the business of manufacturers in Tamil Nadu's Sivakasi, which produces over 90 per cent of India's fireworks. According to industry players, demand has decreased by 20 per cent compared to last year. Moreover, the ban on the use of barium nitrate and the manufacturing and sale of joint fireworks is also impacting demand.

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.

Heavy rains lash Kerala, orange alert in 4 districts

Heavy rains lash Kerala, orange alert in 4 districts

Rediff.com15 Oct 2023

As heavy rains continued to batter Kerala, landslides and flooding were reported from many parts of the state, especially its southernmost district of Thiruvananthapuram, which was severely affected by waterlogging in several areas on Sunday.

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.

TN on alert as Cyclone 'Michaung' set to cross coast on Dec 5

TN on alert as Cyclone 'Michaung' set to cross coast on Dec 5

Rediff.com3 Dec 2023

The government declared Monday (Dec 4) a public holiday and urged private companies to encourage 'work from home' option for its employees in Chennai, Tiruvallur, Kancheepuram and Chengalpattu districts.

'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.

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.

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.

Nirmalji Goes Cautious On Fiscal Deficit Target

Nirmalji Goes Cautious On Fiscal Deficit Target

Rediff.com15 Dec 2023

But the government will present a second tranche of Supplementary Demands for Grants during the Budget session of Parliament in February, when it can seek additional spending.

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."

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.

Divestment target for FY25 may be lower with no new lofty plan

Divestment target for FY25 may be lower with no new lofty plan

Rediff.com9 Nov 2023

The Centre could further moderate its divestment target for 2024-25 (FY25), as it does not expect large receipts from asset sales - except some ongoing strategic ones, including IDBI Bank, which could spill over into next financial year. Also, it may drastically reduce its FY24 divestment target of Rs 51,000 crore. "We are still evaluating the Budget estimates for FY25. "New big-ticket asset sales are unlikely.

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.

'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.

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.

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.