This taxation applies to all types of transfer of property.
The Modi government's e-auction policy for coal, meant to shield the consumer against hike in electricity charges, has already led to serious allegations of cartelisation among the bidding corporates. Matters came to such a pass that the government at one point last week was considering inviting the Central Bureau of Investigation to probe the matter, reports Sheela Bhatt/Rediff.com.
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
'On the tax front, most of the Budget proposals are sensible'.
M R Venkatesh, chartered accountant turned political commentator tells Shobha Warrier/Rediff.com that Modi's war is not against the opposition parties or the Congress but against the bureaucracy and the establishment.
The allocation in the defence budget is inadequate to meet India's long-term threats, especially from China and Pakistan, says Gurmeet Kanwal.
Recent investigations into the telecom spectrum and coal scams have made bureaucrats very wary of taking decisions.
The BJP's hobnobbing with M K Alagiri and ally Vaiko's controversial demands has the potential to rock the BJP's boat in Tamil Nadu, says N Sathiya Moorthy.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The Andhra Pradesh chief minister has just witnessed his state's division and the idea of leaving the Congress to launch a regional party might leave him with nothing, says Aditi Phadnis
Government's reforms are too half-hearted. But Rahul Gandhi's Congress is too amateurish and inept to hold it to account.
Rajeev Srinivasan on whom the Congress might put forth as its leader in 2014.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
From the economy to foreign policy issues, to addressing the serious challenge posed by communal forces which are out to viciously polarise and divide Indian society, the UPA II government has shown a certain pronounced weakness and lack of vision and commitment that could seriously harm India in the long run, notes Sanjay Kapoor.
The close-onto four years (since November 2015) Peter has spent in Arthur Road jail, central Mumbai, in judicial custody, have taken their toll, lending him a bit of a melancholy stoop, a laborious gait and a tired face, turning him prematurely into a much older man than his nearly 64 years. Vaihayasi Pande Daniel/Rediff.com reports from the Sheena Bora murder trial.
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
Even as political parties in TN have decided not to field a candidate against CM Jayalalithaa in the assembly by-election, the BJP's ambivalence has shown up once again.
'The AIADMK has no Number Two, frankly it does not even have a Number Hundred and Two. There is the Numero Uno, and there is everybody else -- a point that was made very clear when Jayalalithaa made her ministers take the oath of office in unison on May 23. What, after all, was the point of having them do so individually when they lack individuality?'
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
BJP president Rajnath Singh has said that if the party comes to power in the next general election, its foreign policy wouldn't be much different from that of the Congress government. Aziz Haniffa in Washington
During the Congress regime, India did witnessa slew of reforms which are now taken up by the Modi government too.
Chairman of Manipal Global Education Services says that the government often forgets that its prime duty is to serve the people and not some sick public sector units.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
'The Modi government believes the industrialist, the capitalist, has to pay for the assets of the government which belong to the people of India.'
The veshti controversy in Tamil Nadu is not about the dress -- but a dress-code, which seems permissible in private homes and offices, but not in private clubs that are open only to well-heeled, and well-paying private members, observes N Sathiya Moorthy
'The UPA was the gang that couldn't shoot straight. The NDA is the gang that can't stop shooting. They (the Modi government) are shooting at anybody, everybody, all directions, shooting themselves in the foot.'
'I hope Prime Minister Modi will take the population bull by the horns,' says Sudhir Bisht.
'Good politics is not just staying in power. You cannot sacrifice everything at the altar of trying to ensure the coalition remains in power.'
The whole drama of the Congress Working Committee meeting was enacted precisely to underline the First Family's supremacy and, more particularly, to insulate Rahul Gandhi from any harsh criticism for the party's humiliating poll drubbing, reports Anita Katyal.
The AIADMK swept the polls winning 37 of the 39 seats, leaving DMK, its rivals, and the BJP to do a serious rethinking before the assembly elections in 2016, says N Sathiya Moorthy.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
President Pranab Mukherjee, Prime Minister Narendra Modi, Vice President Hamid Ansari, Union ministers, Congress President Sonia Gandhi, Rahul Gandhi and various other top leaders have condoled Tamil Nadu Chief Minister J Jayalalithaa's demise and paid glowing tributes to her.
Vijaykanth on Sunday kickstarted the first major political move in Tamil Nadu, and against the ruling AIADMK, ahead of the 2016 assembly polls. But what if Jayalalithaa were to win the 'wealth case' ultimately? N Sathiya Moorthy explores the scenario arising from the Supreme Court's order in the Jaya case on Tuesday.
The Indian navy suffered yet another mishap on Friday with gas leakage in an under-construction warship in the Mazagaon Docks here, claiming the life of a Commander and hospitalisation of two dockyard employees.
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like?
'If the BJP wins UP and one or two other states, it could get emboldened and press ahead with its reckless agenda, as well as its divisive agenda.' 'If the BJP fails to form the government in UP and suffers a setback in Punjab and maybe one other state, it could go either way: It could become more reckless or pull back, pause and take stock, moderate its position.'
Come May 16, the BJP-led National Democratic Alliance will have more seats from Tamil Nadu and Andhra Pradesh than any formation mustered by the Congress, notes T V R Shenoy.
Prakash Bhandari chalks the journey of Lalit Modi from his troubled adolescent days to his mid-life crisis, from his grand success at the India Premier League to his dramatic exit from it
The counter-insurgency operation on the Indo-Myanmar was under planning for the last three months. The June 4 ambush that killed 18 Indian soldiers only hastened the attack. Sheela Bhatt provides exclusive details of the planning for the operation.
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