News for 'Department of Revenue'

Thousands to reach Mumbai as city gears up for rival Sena Dussehra rallies

Thousands to reach Mumbai as city gears up for rival Sena Dussehra rallies

Rediff.com5 Oct 2022

A railway official said a train has been booked for the Dussehra rally from Nanded city in central Maharashtra.

62 killed in Assam floods, landslides this year; around 31 lakh hit in state

62 killed in Assam floods, landslides this year; around 31 lakh hit in state

Rediff.com19 Jun 2022

In the last 24 hours, eight people have died after drowning in flood waters -- two each in Barpeta and Karimganj districts, one each in Darrang, Hailakandi, Nalbari and Sonitpur districts and eight people are still missing.

Maha placed men with links to Dawood in Waqf Board: Fadnavis to assembly

Maha placed men with links to Dawood in Waqf Board: Fadnavis to assembly

Rediff.com14 Mar 2022

Speaking in the assembly, Fadnavis said a pen drive he had submitted contained a conversation between Waqf Board members Mohammad Arshad Khan and Mudasir Lambe.

Border violence: Meghalaya panel to meet Shah, seek probe by NIA, CBI

Border violence: Meghalaya panel to meet Shah, seek probe by NIA, CBI

Rediff.com23 Nov 2022

A delegation of Meghalaya ministers led by CM Conrad K Sangma will meet Union Home Minister Amit Shah on November 24 to demand a CBI or NIA probe into the violence that left six people dead on the state's border with Assam.

NCP MP's nephew under CBI lens in tuna fish scam

NCP MP's nephew under CBI lens in tuna fish scam

Rediff.com28 Jun 2022

The Central Bureau of Investigation is likely to register an FIR against Abdul Razaq, nephew of a Lok Sabha member, and others in connection with the alleged swindling of public money in the purchase of tuna fish from a Lakshadweep cooperative by a Sri Lankan company represented by him, officials said on Tuesday.

US is there for India, we are ready and able: Biden admn

US is there for India, we are ready and able: Biden admn

Rediff.com17 Jun 2022

Price said India's relationship with Russia developed over several decades.

After non-basmati, govt bans export of broken rice

After non-basmati, govt bans export of broken rice

Rediff.com9 Sep 2022

After imposing 20 per cent export duty on non-basmati rice, the government has banned the export of broken rice with an aim to increase domestic availability, according to a government notification.

Budget 2022: Centre may not target sharp fiscal correction

Budget 2022: Centre may not target sharp fiscal correction

Rediff.com28 Dec 2021

While presenting her 2021-22 Union Budget, Finance Minister Nirmala Sitharaman had set a fiscal deficit target of 6.8 per cent of nominal gross domestic product (GDP) against the 2020-21 Revised Estimate of 9.5 per cent. The fiscal correction in the upcoming 2022-23 Union Budget is unlikely to be that steep. Even as discussions among top Budget-makers are ongoing, the fiscal deficit target for 2022-23 may likely be in the range of 6.5-6.8 per cent.

Bigger firms scoop up more market share during Covid-19 pandemic

Bigger firms scoop up more market share during Covid-19 pandemic

Rediff.com28 Jul 2021

Top companies have grabbed a bigger pie of their sectors in the pandemic period, leading to a further rise in market concentration in many industries as measured by the Herfindahl-Hirschman Index (HHI). The HHI score, which indicates competitive intensity in an industry (or a lack of it), reached a new high in FY21 as bigger firms raised their revenue market shares either organically or through mergers and acquisitions. A higher HHI score indicates a rise in market concentration in favour of a few firms while a lower score means that the industry's revenue is more evenly divided among many companies

Red alert in Kerala's 7 districts as heavy rains lash state, 4 killed

Red alert in Kerala's 7 districts as heavy rains lash state, 4 killed

Rediff.com1 Aug 2022

IMD issued red alerts for Thiruvananthapuram, Kollam, Pathanamthitta, Alappuzha, Kottayam, Ernakulam and Idukki districts.

Vi's fundraising put on hold as govt delays equity call

Vi's fundraising put on hold as govt delays equity call

Rediff.com7 Dec 2022

Vodafone Idea's (Vi's) search for a lifeline has turned longer and tougher even as it continues to lose customers and delay vendor payments. Vi's much-needed Rs 1,600-crore fundraising plan got stuck due to the government's silence on picking up a proposed 33 per cent equity in the financially stressed telco. The development spells further trouble for the company, which has an overall debt pile of Rs 2.2 trillion, including hefty dues to the government.

Will Kerala Go North-East Way To BJP?

Will Kerala Go North-East Way To BJP?

Rediff.com13 Mar 2023

If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.

Kailash Gehlot presents Delhi budget, remembers Sisodia

Kailash Gehlot presents Delhi budget, remembers Sisodia

Rediff.com23 Mar 2023

The Delhi government's budget size for 2022-23 was Rs 75,800 crore and Rs 69,000 crore in the preceding year.

Cabinet approves next round of spectrum auction

Cabinet approves next round of spectrum auction

Rediff.com16 Dec 2020

According to Jio, spectrum worth Rs 3.92 lakh crore is lying unused with the DoT for auction.

Expert groups to explore adoption of common chargers

Expert groups to explore adoption of common chargers

Rediff.com18 Aug 2022

The government will set up expert groups to explore the adoption of common chargers for mobile and all portable electronic devices, and submit a detailed report in two months, Consumer Affairs secretary Rohit Kumar Singh said. The department of consumer affairs on Wednesday called a meeting with industry stakeholders. After the meeting, Singh said India can initially think of exploring shifting to two types of chargers, including a C-Type port.

Heavy rains claim 18 lives in Kerala so far, thousands displaced

Heavy rains claim 18 lives in Kerala so far, thousands displaced

Rediff.com3 Aug 2022

In a statement, it said 198 properties in the state were partially damaged and 30 houses completely destroyed in the rains from July 31 to till date.

What's better about new taxpayer's charter

What's better about new taxpayer's charter

Rediff.com9 Sep 2020

Apart from its enforceability through courts due to it being part of the I-T Act, two other factors will help ensure the taxpayers' charter is implemented, at least in letter (if not in spirit) this time around, points out Harsh Roongta.

I-T portal: Finmin officials hold review meeting with Infosys chief

I-T portal: Finmin officials hold review meeting with Infosys chief

Rediff.com16 Dec 2021

Revenue secretary Tarun Bajaj along with senior finance ministry officials on Thursday held a meeting with Infosys managing director Salil Parekh to review the performance of the new income tax portal. More than 3.5 crore Income Tax Returns (ITR) have been filed so far for the financial year 2020-21 through the portal, which had faced glitches following which the ministry had directed Infosys to urgently address the issues. Infosys has developed the new income tax e-filing portal 'www.incometax.gov.in'.

Nirmalaji must wield the whip. Often

Nirmalaji must wield the whip. Often

Rediff.com18 Feb 2021

'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.

Kerala rains: Red alert issued in 5 districts

Kerala rains: Red alert issued in 5 districts

Rediff.com15 May 2022

As rains continue to lash across Kerala days ahead of the expected onset of Southwest monsoon, the India Meteorological Department (IMD) on Sunday issued a red alert in five districts of the state for Sunday and Monday indicating extremely heavy rainfall.

Budget a big-bang revenue-earning exercise for media

Budget a big-bang revenue-earning exercise for media

Rediff.com28 Feb 2013

More than two decades after economic liberalisation, the government continues to play such a massive role in the economy and industry that the Budget has become a big-bang revenue-earning exercise for the media.

IRCTC moves to monetise passenger data

IRCTC moves to monetise passenger data

Rediff.com26 Aug 2022

In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.

Maharashtra CM visits state secretariat for first time after spine surgery

Maharashtra CM visits state secretariat for first time after spine surgery

Rediff.com13 Apr 2022

Maharashtra Chief Minister Uddhav Thackeray on Wednesday visited the state secretariat 'Mantralaya' for the first time after recovering from a spine surgery which he underwent in November last year, and asked the state administration to focus on paperless governance with increased use of technology.

How gold is being imported under the guise of platinum

How gold is being imported under the guise of platinum

Rediff.com13 Sep 2022

Thanks to an ambiguous law on the import of platinum alloys, some bullion importers are making big profits. A handful of them are importing refined gold cloaked as platinum alloy. Gold attracts 15 per cent import duty, as opposed to platinum alloy that invites a duty of 10.75 per cent. Industry sources say this is a case of mis-declaration and duty violation.

Heavy rains continue to lash Maha, 2 killed in landslide

Heavy rains continue to lash Maha, 2 killed in landslide

Rediff.com13 Jul 2022

Incessant showers lashed Mumbai and its neighbouring areas on Wednesday morning, leading to flooding in many low-lying areas and traffic snarls on roads.

5G spectrum auction may turn out to be a short affair

5G spectrum auction may turn out to be a short affair

Rediff.com25 Jul 2022

Telcos participating in the upcoming auctions at the end of July say they expect only a fourth of the value of spectrum on offer to be sold. The government has put Rs 4.3 trillion of spectrum up for sale at the base price across seven bands including for 5G. An executive of a leading telco said he estimates that mobile operators collectively would buy spectrum of only around Rs 1.1 trillion.

UP govt orders probe in Ayodhya land-grabbing case by BJP leader's kin

UP govt orders probe in Ayodhya land-grabbing case by BJP leader's kin

Rediff.com23 Dec 2021

Hindu follows the path of truth. Hindutva robs under the guise of religion, Rahul Gandhi said.

Ahead of Diwali, Delhi government again bans firecrackers till January 1

Ahead of Diwali, Delhi government again bans firecrackers till January 1

Rediff.com7 Sep 2022

There will be a blanket ban on the production, sale and use of all types of firecrackers in the national capital, including on Diwali, till January 1, 2023, Environment Minister Gopal Rai said on Wednesday.

How Infosys regained its mojo, improved employee morale under Salil Parekh

How Infosys regained its mojo, improved employee morale under Salil Parekh

Rediff.com26 May 2022

In 2017, when Infosys announced that Salil Parekh would be its next chief executive officer (CEO) and managing director (MD), very few in the industry or the analyst community doubted his ability to bring the company back to a healthy growth trajectory, improve morale within the company and, more importantly, win the promoters' trust and investor confidence. There were reasons for this confidence. He was not only the deputy CEO of the Paris-headquartered IT services major Capgemini, but also one of the only non-European faces on the executive board of the company.

What Sitharaman did after becoming the finance minister

What Sitharaman did after becoming the finance minister

Rediff.com3 Jun 2019

This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.

No Ganesh festival at Bengaluru Idgah ground, rules SC, orders status quo

No Ganesh festival at Bengaluru Idgah ground, rules SC, orders status quo

Rediff.com30 Aug 2022

Ganesh Chaturthi celebrations will not be held at Bengaluru's Idgah Maidan, the Supreme Court said on Tuesday while refusing to grant permission for the function and ordered status quo on the plot by both parties. Noting that no such function as Ganesh Chaturthi was organised at Idgah Maidan for the past 200 years, the top court asked the parties to approach the Karnataka high court for the resolution of the dispute.

Will govt succeed in collecting Rs 9 trillion in tax arrears?

Will govt succeed in collecting Rs 9 trillion in tax arrears?

Rediff.com4 May 2020

The Vivaad se Vishwas Tak scheme will be one area where some much-needed revenue can be collected by the government. The scheme can be more successful if some specific steps are taken, says investment advisor Harsh Roongta. This results in a very high tax demand. Investment advisor Harsh Roongta takes you through the maze of appeals and counter appeals.

FTA: UK, India not working towards Diwali deadline

FTA: UK, India not working towards Diwali deadline

Rediff.com14 Oct 2022

The free trade agreement (FTA) talks with India are no longer working towards a Diwali deadline though negotiations are progressing well, UK Trade Secretary Kemi Badenoch has said as New Delhi expressed confidence on Friday of an "early date" for a mutually beneficial deal. "There are ongoing negotiations as we know on the FTA. There is interest on both sides to see if we can work towards a deal, an FTA, that is beneficial to both the countries at an early date," external affairs ministry spokesperson Arindam Bagchi told reporters in New Delhi. It came as External Affairs Minister S Jaishankar spoke to his UK counterpart, James Cleverly, and referenced the Roadmap 2030 bilateral agreement signed between Prime Minister Narendra Modi and former UK PM Boris Johnson in May last year, with no specific reference to the FTA.

What ban! Loud crackers burst all around Delhi on Diwali

What ban! Loud crackers burst all around Delhi on Diwali

Rediff.com25 Oct 2022

Despite legal deterrent in place to discourage people from doing so, by dusk, residents in many neighborhoods, including some areas in south Delhi and northwest Delhi, had started bursting crackers.

GST evasion: I-T searches Zee, L&T offices

GST evasion: I-T searches Zee, L&T offices

Rediff.com4 Jan 2021

Income tax officials on Monday conducted surveys at offices of engineering major Larsen & Toubro and media firm Zee Group for alleged GST evasion, an official of the tax department said. When contacted, L&T neither confirmed nor denied the development, while the media group has confirmed the tax survey. The tax official said surveys have been carried out at many L&T premises in the city, and in case of Zee, the surveys are underway at all its offices across the country since morning.

SC setback for expelled AIADMK leader OPS, court says cannot seal party office

SC setback for expelled AIADMK leader OPS, court says cannot seal party office

Rediff.com12 Sep 2022

"In democracy, a political party cannot be stopped from functioning by sealing its office", observed the Supreme Court Monday as it dismissed the plea of ousted All India Anna Dravida Munnetra Kazhagam leader O Panneerselvam (OPS) against the Madras high court order directing him to hand over the keys of party headquarter to party chief K Palaniswami.

'Friendship is the key to making a film'

'Friendship is the key to making a film'

Rediff.com8 Jun 2023

'Film shooting is a long process, and it is important to have a good bonding with the person you are going to spend six to eight months of your life.' 'Baaki, film toh bann jaati hain.'

Rumble of discontent over jobs runs through support for Modi in Gujarat

Rumble of discontent over jobs runs through support for Modi in Gujarat

Rediff.com1 Dec 2022

Nearly 3.64 lakh educated and "semi-educated" youngsters had registered with employment exchanges across Gujarat till December 2021, according to state government data.

I-T notices to holders of foreign assets

I-T notices to holders of foreign assets

Rediff.com17 Apr 2021

'Quite a few notices have been issued in both black money and benami transactions.'