News for 'Empowered Committee'

Judge demanded Rs 5L to 'settle case': B'gluru techie's father

Judge demanded Rs 5L to 'settle case': B'gluru techie's father

Rediff.com13 Dec 2024

"My son used to say that there is a lot of corruption but he will fight as he is on the path of truth. He was broken from inside, though he didn't tell anyone anything," Subhash's father Pawan Kumar told ANI.

Govt approves Rs 357 crore for Foxconn under PLI for mobile phones

Govt approves Rs 357 crore for Foxconn under PLI for mobile phones

Rediff.com20 Dec 2022

The government has approved Rs 357.17 crore for Apple's vendor Foxconn India and Rs 58.29 crore for Dixon Technologies subsidiary Padget Electronics under the Production-Linked Incentive scheme for mobile phones. This is the first time the government has cleared an incentive of a global company engaged in electronics manufacturing in the country. "Foxconn Hon Hai Technology India Mega Development Pvt. Ltd is the first global company that has been approved under the target segment 'Mobile Phones' (in the category of invoice value of Rs 15,000 and above) to receive incentive under mobile manufacturing for the period 1 August 2021-31 March 2022 based on its incremental investments and sales figures.

Does Laapataa Ladies Deserve To Go To Oscars? VOTE!

Does Laapataa Ladies Deserve To Go To Oscars? VOTE!

Rediff.com23 Sep 2024

Kiran Rao's Laapataa Ladies has been picked as India's official entry for Oscars 2025.

Cyberfraud Thrives On Fear!

Cyberfraud Thrives On Fear!

Rediff.com29 Jan 2025

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Nita Ambani re-elected to IOC unanimously

Nita Ambani re-elected to IOC unanimously

Rediff.com24 Jul 2024

Ambani won unanimously with 100 per cent of vote at the 142nd IOC session in Paris.

'One of us': A R Rahman dedicates song to 'Kamala ji'

'One of us': A R Rahman dedicates song to 'Kamala ji'

Rediff.com14 Oct 2024

Vice President Kamala Harris' White House bid gets a boost from legendary Indian music composer A R Rahman, who has come out in support of her 'vision for an equitable world', and recording some of his popular songs like 'Jai Ho' to inspire Indian American voters.

GST timeline: Twists and turns along the way

GST timeline: Twists and turns along the way

Rediff.com4 Aug 2016

The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.

Sorry state of affairs: SC slams Uttarakhand for forest fires

Sorry state of affairs: SC slams Uttarakhand for forest fires

Rediff.com15 May 2024

Terming it a "very sorry state of affairs", the apex court said the state was just trying to find some excuse or the other.

Race to replace BCCI secretary Jay Shah heats up..

Race to replace BCCI secretary Jay Shah heats up..

Rediff.com29 Sep 2024

The members who were present at the 93rd BCCI Annual General Meeting (AGM) in Bengaluru on Sunday requested incumbent secretary Jay Shah to speed up the process of finding his successor to keep the transition of power as smooth as possible.

'I Walked Out Of The Movie'

'I Walked Out Of The Movie'

Rediff.com26 Aug 2024

'The media is portraying the Malayalam film industry as the worst place, but that's not true.'

Centre-state I-T fight brewing over Budget proposal

Centre-state I-T fight brewing over Budget proposal

Rediff.com28 Mar 2013

In its next meeting, empowered committee of state finance ministers set to oppose a proposal on state govt undertakings' I-T deduction.

Does Modi have a coronavirus war room?

Does Modi have a coronavirus war room?

Rediff.com23 Apr 2020

Nivedita Mookerji goes in search of the elusive war room to track and respond to the coronavirus threat.

Cabinet empowers Sebi to deal with ponzi schemes

Cabinet empowers Sebi to deal with ponzi schemes

Rediff.com24 Jul 2014

The Bill seeks to give Sebi sweeping powers like attachment of properties and launch of recovery proceedings.

Centre clears 820km road link in AP

Centre clears 820km road link in AP

Rediff.com9 Aug 2012

The project will cost Rs 415 crores.

'Nobody is scared': Cong on Amethi, Raebareli suspense

'Nobody is scared': Cong on Amethi, Raebareli suspense

Rediff.com1 May 2024

'Has the BJP not announced its candidates in Raebareli?'

GST statute: State govts give opposing suggestions

GST statute: State govts give opposing suggestions

Rediff.com27 Dec 2010

They've proposed a sub-committee under the proposed GST Council or the Empowered Committee of State Finance Ministers to resolve any disputes in the tax's implementation.

Chidambaram to sort out GST issues soon

Chidambaram to sort out GST issues soon

Rediff.com8 Oct 2012

Finance Minister P Chidambaram on Monday exuded confidence that the centre will be able to sort out the issues concerning implementation of the Goods and Services Tax (GST) shortly.

'I'm The Boss Man Of All The Villains'

'I'm The Boss Man Of All The Villains'

Rediff.com16 Aug 2024

'Jitendra Pratap Singh (his character in Vedaa) believes in the divisive politics of society and that is more dangerous than the regular goons.'

Ready for joint control of new dam: Kerala CM

Ready for joint control of new dam: Kerala CM

Rediff.com4 Jan 2012

Kerala on Tuesday said it is ready for joint control with Tamil Nadu and the Centre, if a new dam is built in place of the 116-year-old Mullaperiyar reservoir, over which the two states are locked in a dispute.

Rahul doesn't want Priyanka to contest from Rae Bareli: Sources

Rahul doesn't want Priyanka to contest from Rae Bareli: Sources

Rediff.com2 May 2024

Sources said Rahul Gandhi is likely to contest from Rae Bareli, but a final call is yet to be taken by the first family of the Congress.

GST: A bullock cart stuck in the mud

GST: A bullock cart stuck in the mud

Rediff.com8 Dec 2010

The GST reform has virtually come to a standstill.

Why Sebi wants empowered board in listed companies

Why Sebi wants empowered board in listed companies

Rediff.com25 Feb 2014

Recently, Sebi has revised the Code of Corporate Governance for listed companies significantly. Most revisions are in sync with the provisions in the Companies Act 2013, though some norms are stricter than those in the Companies Act 2013.

Hard Choice Modi Must Make

Hard Choice Modi Must Make

Rediff.com22 Aug 2024

Modi can abandon the path of Hindutva only at risk to his position within his own fraternity. But if he pursues a hard line, he faces the risk of being hauled up by his coalition-partners. For the first time in a decade, Modi is not in enviable situation, observes Nilanjan Mukhopadhyay.

GST: Pranab hopes for breakthrough

GST: Pranab hopes for breakthrough

Rediff.com8 Oct 2009

The Empowered Committee of state finance ministers is meeting under the chairmanship of West Bengal finance minister Asim Dasgupta to work out agreements on various aspects of the GST.

Petroleum to be kept out of GST

Petroleum to be kept out of GST

Rediff.com14 Apr 2010

After failing to convince states to keep petroleum products within the ambit of the proposed goods and services tax (GST), the Centre has finally relented. It has agreed to the proposal of the empowered committee of state finance ministers to keep petroleum products like crude, motor spirit, aviation turbine fuel (ATF) and high-speed diesel out of GST.

Mullaperiyar dam structurally, seismically safe: TN to SC

Mullaperiyar dam structurally, seismically safe: TN to SC

Rediff.com13 Nov 2021

The Tamil Nadu government has told the Supreme Court that "repeated assertion" by Kerala to seek decommissioning of the 126-year-old Mullaperiyar dam is "wholly impermissible" as the dam has been found to be hydrologically, structurally and seismically safe.

Why Yes Bank audit committee chief quit

Why Yes Bank audit committee chief quit

Rediff.com13 Jan 2020

Uttam Prakash Agarwal alleged that Citax and Braich offers were incomplete and did not include firm commitment as to the price, size, timings, confirmation from the banks about availability of the funds.

Central GST threshold likely at Rs 10 lakh

Central GST threshold likely at Rs 10 lakh

Rediff.com10 Dec 2009

Businesses with more than Rs 10 lakh turnover may end up paying the central goods and services tax, with the Centre not agreeing to states' suggestion of keeping the threshold at Rs 1.5 crore.

Petroleum and alcohol should be kept out of GST

Petroleum and alcohol should be kept out of GST

Rediff.com18 Nov 2013

The central government, in its revised draft of the constitution amendment bill, had proposed that fuel and liquor should be brought under the ambit of GST.

India's GST woes

India's GST woes

Rediff.com1 Sep 2008

It appears that things will crystallise on several aspects of the GST only by end 2008. This means that the country will only have a period of 15 months, from beginning 2009 to March 2010, to ensure that all the constitutional policy and legislative changes take place. It does seem increasingly a big challenge, says S Madhavan.

SC refuses to stay new law on appointment of CEC, ECs

SC refuses to stay new law on appointment of CEC, ECs

Rediff.com12 Jan 2024

The bench asked senior advocate Vikas Singh, appearing for Congress leader Jaya Thakur, who sought a stay on the new law, to serve a copy of the petition to the Centre's counsel.

VAT refunds speeded up: Dasgupta

VAT refunds speeded up: Dasgupta

Rediff.com4 May 2005

Sushil Modi resigns as GST panel chief

Sushil Modi resigns as GST panel chief

Rediff.com17 Jun 2013

Sushil Kumar Modi, who ceased to be Bihar Finance Minister following the JD (U)-BJP split, on Monday resigned as Chairman of the Empowered Committee of State Finance Ministers looking into the implementation of the proposed new indirect tax regime - Goods and Services Tax (GST).

And Thus Was Born NIA...

And Thus Was Born NIA...

Rediff.com8 Aug 2024

Even though the NIA claims that more than 90 per cent of cases charge-sheeted have ended in conviction, the figure is likely misleading. To date, very few cases investigated by the NIA have resulted in a completed trial, points out former CBI joint director Navneet Rajan Wasan.

'I apologise for their sins', Modi tells Madigas in Hyderabad

'I apologise for their sins', Modi tells Madigas in Hyderabad

Rediff.com11 Nov 2023

Prime Minister Narendra Modi on Saturday said the Centre would soon form a committee which would adopt all possible ways for empowering Madigas (a SC community) with regard to their demand of categorisation of Scheduled Castes.

WFI to challenge its suspension next week

WFI to challenge its suspension next week

Rediff.com4 Jan 2024

A defiant Wrestling Federation of India (WFI) will challenge its suspension by the Sports Ministry in court next week and has also called for an Executive Committee meeting in New Delhi on January 16 to discuss the way forward.

Textiles under VAT from Apr '06

Textiles under VAT from Apr '06

Rediff.com21 Jul 2005

All textile items, currently exempted from value added tax, will attract 4 per cent VAT from the next fiscal, the empowered committee said on Thursday.

'It's Time Women Said Enough Is Enough'

'It's Time Women Said Enough Is Enough'

Rediff.com23 Aug 2024

'We have been threatened. We have felt violated.' 'Everything is in danger if you don't give safe spaces to women.'