News for 'Department of Revenue'

Govt extends ED director S K Mishra's tenure by a year

Govt extends ED director S K Mishra's tenure by a year

Rediff.com17 Nov 2021

The government on Wednesday extended the tenure of Enforcement Directorate Director Sanjay Kumar Mishra by a year till November 18, 2022, days after the Centre brought ordinances to allow ED and Central Bureau of Investigation directors to occupy the office for up to five years.

Who Will Mine The Lithium Reserves?

Who Will Mine The Lithium Reserves?

Rediff.com3 Mar 2023

Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.

Jio completes 5G coverage planning in top 1,000 cities

Jio completes 5G coverage planning in top 1,000 cities

Rediff.com8 Aug 2022

Country's largest telecom player Jio has completed 5G coverage planning in top 1,000 cities and conducted field trials of its home-grown 5G telecom gears, Reliance Industries said in its annual report. In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology. The company was the biggest bidder in the recently-concluded 5G spectrum auction.

Sameer Wankhede: Drug-buster whose biggest op went bust

Sameer Wankhede: Drug-buster whose biggest op went bust

Rediff.com27 May 2022

The clean chit to Aryan Khan and five others by the Narcotics Control Bureau on Friday has once again brought the central agency's former zonal director Sameer Wankhede under the spotlight.

Gehlot allocates portfolios, retains home, finance

Gehlot allocates portfolios, retains home, finance

Rediff.com22 Nov 2021

The 15 ministers were sworn in on Sunday for the expanded Gehlot cabinet, fulfilling a key demand of former deputy chief minister Sachin Pilot whose rebellion last year shook the state's Congress government.

India imposes 20% export duty on non-Basmati rice

India imposes 20% export duty on non-Basmati rice

Rediff.com8 Sep 2022

The government on Thursday imposed a 20 per cent export duty on non-Basmati rice except for parboiled rice to boost domestic supplies amid a fall in area under the paddy crop in the current Kharif season. According to a notification by the revenue department, an export duty of 20 per cent has been imposed on 'rice in husk (paddy or rough)' and 'husked (brown) rice'. The Central Board of Indirect Taxes & Customs further said the export of 'semi-milled or wholly-milled rice, whether or not polished or glazed(other than Parboiled rice and Basmati rice)' will also attract a customs duty of 20 per cent.

HC judge chides OPS for seeking change of judge in AIADMK gen council case

HC judge chides OPS for seeking change of judge in AIADMK gen council case

Rediff.com5 Aug 2022

When the matter came up today, Justice Ramaswamy strongly condemned the action of the lawyers and remarked it was a very cheap practice, scandalising the judiciary.

The Many Portfolios Of Yogi Adityanath

The Many Portfolios Of Yogi Adityanath

Rediff.com4 Apr 2022

In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.

Corruption threat to society, must be dealt with an iron hand: SC

Corruption threat to society, must be dealt with an iron hand: SC

Rediff.com18 Apr 2023

A bench of Justices Surya Kant and JK Maheshwari set aside the pre-arrest bail granted to Indian Revenue Service officer Santosh Karnani on an appeal by the Central Bureau of Investigation.

Do we need so many income tax staffers?

Do we need so many income tax staffers?

Rediff.com11 Aug 2021

The preliminary processing of tax returns is already undertaken with the help of technology. There is now greater scope of using more technology to reduce the human interface even further, notes A K Bhattacharya.

11 killed after temple chariot grazes power line in TN

11 killed after temple chariot grazes power line in TN

Rediff.com27 Apr 2022

The tragic incident occurred on Wednesday when the Appar temple's chariot procession was passing through the Thanjavur-Boodalur Road.

We are SC, have not changed our religion, Sameer Wankhede tells court

We are SC, have not changed our religion, Sameer Wankhede tells court

Rediff.com25 Aug 2022

Former Mumbai zonal director of the Narcotics Control Bureau Sameer Wankhede on Thursday filed an affidavit in a court in Maharashtra's Washim district, stating their family belongs to a Scheduled Caste community and has not embraced any other religion.

Delhi to strictly enforce mask fines in view of Covid spike

Delhi to strictly enforce mask fines in view of Covid spike

Rediff.com11 Aug 2022

With COVID-19 cases and the positivity rate rising in Delhi, the district officials have started forming teams to strictly enforce the mask mandate and issue a fine of Rs 500 to violators, officials said.

3 scribes booked in MP over news about patient taken to hospital on handcart

3 scribes booked in MP over news about patient taken to hospital on handcart

Rediff.com22 Aug 2022

After publication and broadcast of the news, the district administration constituted a committee of revenue and health officials for an inquiry into the news report, the FIR said.

Manipur: 'The basic issue is land'

Manipur: 'The basic issue is land'

Rediff.com5 Jul 2023

'Meiteis started feeling insecure stating that the illegal immigrant population is growing in the valley, and that the majority community would become a minority.'

Infra Brushstrokes For The Budget

Infra Brushstrokes For The Budget

Rediff.com30 Jan 2023

7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.

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.

ED's Rajeshwar Singh to retire; may contest UP polls on BJP ticket

ED's Rajeshwar Singh to retire; may contest UP polls on BJP ticket

Rediff.com20 Aug 2021

A BTech and PhD in police, human rights and social justice, Singh joined the federal anti-money laundering investigations agency in 2009 on deputation from Uttar Pradesh where he was serving as a state police service officer.

11 crypto bourses evaded Rs 81.54-crore GST

11 crypto bourses evaded Rs 81.54-crore GST

Rediff.com29 Mar 2022

The Centre has recovered around Rs 95.86 crore from at least 11 crypto exchanges for evading goods and services tax (GST), according to data released by Parliament on Monday. The amount includes interest and penalty. The GST investigation department has detected a total tax evasion of Rs 81.54 crore by crypto exchanges that include WazirX, Coin DCX, CoinSwitch Kuber, Buy Ucoin, UnoCoin and Flitpay, among other exchanges. In a written reply to Lok Sabha, minister of state (MoS) for finance Pankaj Chaudhary said 11 cases of GST evasion by cryptocurrency exchanges have been detected by central GST formations.

H-1B, L-1 visa fees to be hiked massively

H-1B, L-1 visa fees to be hiked massively

Rediff.com5 Jan 2023

The Biden administration has proposed a massive hike in immigration fees, including the much sought-after H-1B visas for high-skilled foreign workers, which is very popular among Indian tech professionals. Under the proposed rule, published by the US Citizenship and Immigration Services (USCIS) on Wednesday, the application for the H-1B visa increases from $460 to $780, and L-1 from $460 to $1,385. The application fee for O-1 visas has been proposed to increase from $460 to $1,055.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

'Supriya Sule main reason for Ajit Pawar's rebellion'

'Supriya Sule main reason for Ajit Pawar's rebellion'

Rediff.com5 Jul 2023

'The cousins do not have a good rapport with each other in politics, though they may be having a good rapport with each other in family life.'

For the first time, Centre allows a private player to process opium

For the first time, Centre allows a private player to process opium

Rediff.com14 Jul 2022

The central government has for the first time allowed a private company, Bajaj Healthcare, to process opium to extract alkaloids used to make pain-killers, cough syrups, and even cancer drugs. Two government factories in Ghazipur, Uttar Pradesh, and Neemuch, Madhya Pradesh, do the work yet, processing some 800 tonnes of opium gum annually to extract alkaloids. The government on Tuesday gave Thane-based Bajaj Healthcare an initial contract to process 500 tonnes of opium gum annually and wants production to be at 800 tonnes per annum (tpa) in the next five years, indicating the state's exit from the highly-regulated sector.

'Govt equity in Vodafone Idea hinges on stock recovery'

'Govt equity in Vodafone Idea hinges on stock recovery'

Rediff.com31 Oct 2022

The conversion of interest into equity stake for the government in Vodafone Idea (Vi) will be decided after the telecommunications (telecom) company's stock price stabilises above Rs 10, India's largest mobile tower installation company Indus Towers has said in its second-quarter report. The board of Vi had, in January, approved the conversion of Rs 16,130 crore worth of interest on adjusted gross revenue dues into equity for the government. This will give the government around 33 per cent stake in Vi.

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

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.

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.

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.

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.

Digital Competition Law Worries Big Tech

Digital Competition Law Worries Big Tech

Rediff.com18 Jan 2023

'The message is not clear whether we are wanted.' 'All this could adversely impact our strategy in India and also investments.'

Delhi: 6-month jail for bursting crackers on Diwali

Delhi: 6-month jail for bursting crackers on Diwali

Rediff.com19 Oct 2022

Production, storage and sale of firecrackers in the capital will be punishable with a fine of up to Rs 5,000 and three years jail under Section 9B of the Explosives Act, the minister told a press conference in New Delhi.

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.

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.

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.

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.

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.

Karnataka CM asks Shinde not to send Maharashtra ministers to Belagavi

Karnataka CM asks Shinde not to send Maharashtra ministers to Belagavi

Rediff.com5 Dec 2022

Karnataka Chief Minister Basavaraj Bommai on Monday said that he will ask his Maharashtra counterpart Eknath Shinde not to send his ministers to Belagavi, amid the raging border dispute between both the state, as it may disrupt the law and order situation in the border district.

Rs 62,000 Crore GST Evasion Detected

Rs 62,000 Crore GST Evasion Detected

Rediff.com26 Dec 2022

'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'

5 students on picnic among 9 killed in Kerala bus crash

5 students on picnic among 9 killed in Kerala bus crash

Rediff.com6 Oct 2022

Nine people, including five students, were killed after a private tourist bus hit a state-run KSRTC bus from behind at Vadakkenchery in Palakkad district, Kerala Road Transport Minister Antony Raju said on Thursday.

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.