News for 'General Financial Rules'

56-inch chest, connection with God history now: Rahul's dig at Modi

56-inch chest, connection with God history now: Rahul's dig at Modi

Rediff.com10 Sep 2024

When asked about the Uniform Civil Code, Gandhi said he would comment on it only after he knows what is BJP's proposal.

Stopped from speaking, Mamata storms out of Niti Aayog meet

Stopped from speaking, Mamata storms out of Niti Aayog meet

Rediff.com27 Jul 2024

Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.

The Menace Of Illegal Constructions

The Menace Of Illegal Constructions

Rediff.com25 Oct 2024

As we brace for unprecedented rates of urbanisation, it is crucial to ensure that illegal constructions and unauthorised land use are curbed, asserts Amit Kapoor.

MUST KNOW About NRO, NRE Accounts

MUST KNOW About NRO, NRE Accounts

Rediff.com26 Aug 2024

'Despite rising inflows, many NRIs lack awareness about NRO and NRE accounts and mistakenly use family accounts or invest in a relative's name.' 'Many are unaware of tax implications.'

Poll Schemes Threaten Maharashtra's Finances

Poll Schemes Threaten Maharashtra's Finances

Rediff.com4 Nov 2024

Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.

'RBI In No Hurry To Do Big Rate Cuts'

'RBI In No Hurry To Do Big Rate Cuts'

Rediff.com30 Sep 2024

'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'

India granted over 1 lakh patents in FY24

India granted over 1 lakh patents in FY24

Rediff.com25 Apr 2024

India granted 1.03 lakh patents in financial year 2023-24, Controller General of Patents, Designs and Trademarks Unnat Pandit said on Thursday, as he assured that there will be "no delay" in the Intellectual Property Office as it prioritises timely clearance of applications. Addressing an Assocham event here, he shared that 40 per cent of the applications were disposed of within 30 months of the request for examination. "We are going to have no delay in the IP office, that's the motive with which we have .. that IP should be granted and under Chapter 8 of the Act it should also be utilised by the applicant ... that will generate the economic value of IP," Pandit said.

TMC's Saket Gokhale to pay Rs 50 lakh damages for defaming minister's wife

TMC's Saket Gokhale to pay Rs 50 lakh damages for defaming minister's wife

Rediff.com1 Jul 2024

The Delhi high court on Monday directed Trinamool Congress leader Saket Gokhale on Monday to apologise and pay Rs 50 lakh damages to former diplomat Lakshmi Murdeshwar Puri, wife of Union minister Hardeep Singh Puri, for his defamatory tweets against her over the purchase of a property in Switzerland.

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'

New MF Investors, Read This

New MF Investors, Read This

Rediff.com2 Sep 2024

Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.

New methods needed to uplist SC/STs, says judge in quota verdict

New methods needed to uplist SC/STs, says judge in quota verdict

Rediff.com1 Aug 2024

The reservation policy requires a fresh relook and new methods are needed for the uplift of people belonging to Scheduled Castes (SC), Schedule Tribes (ST) and Other Backward Classes (OBC), Supreme Court judge Justice Pankaj Mithal said on Thursday.

Capital Gain on Redeveloped Property: Your Tax Qs Answered

Capital Gain on Redeveloped Property: Your Tax Qs Answered

Rediff.com24 Sep 2024

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Government approves public procurement Bill

Government approves public procurement Bill

Rediff.com12 Apr 2012

The Cabinet on Thursday approved a bill that seeks to regulate government purchases of above Rs 50 lakh through a transparent bidding process.

Why India Will Like Shigeru Ishiba

Why India Will Like Shigeru Ishiba

Rediff.com4 Oct 2024

Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.

Byju's rights issue gets $300 million commitment

Byju's rights issue gets $300 million commitment

Rediff.com19 Feb 2024

Edtech major Think and Learn, which operates under Byju's brand name, is learnt to have received a commitment of $300 million from investors for its ongoing rights issue which will close by the end of February, sources aware of the development said. Byju's floated a rights issue in January to raise $200 million at an enterprise valuation in the range of $220-250 million which is a 99 per cent reduction in its peak valuation of $22 billion. Sources also shared that Byju's has offered miffed investors to appoint two independent directors to enhance transparency but only after the rights issue and declaring its financial results for the 2023 fiscal.

As steel stocks falter, a silver lining for investors

As steel stocks falter, a silver lining for investors

Rediff.com28 Aug 2024

Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. The stocks have declined up to 9 per cent on the NSE in one month, likely allowing investors an opportunity to use the correction to enter the pack as pricing pressure eases. "In steel or any other commodity, if prices or spreads are nearing their bottom, it can be an opportune time to invest in those stocks.

Buying A Joint Property? Know Tax Rules

Buying A Joint Property? Know Tax Rules

Rediff.com11 May 2023

'Individuals can consider dividing ownership of properties between related persons to ensure that the sale transactions are below the Rs 50 lakh limit and therefore not subject to TDS.'

Is Kargil 2.0 In the Offing?

Is Kargil 2.0 In the Offing?

Rediff.com5 Aug 2024

Pakistan may want to undertake a 'false flag' operation in J&K to divert attention from the situation in Balochistan and Khyber Pakhtunkhwa but infiltrating one SSG battalion into J&K and having two SSG battalions waiting to follow suit means war, which Pakistan cannot afford in its current economic crisis, notes Lieutenant General Prakash Katoch (retd).

Will govt cut petrol, diesel prices before Maha election?

Will govt cut petrol, diesel prices before Maha election?

Rediff.com19 Sep 2024

International oil prices continue to be extremely volatile, falling on one day and rising thereafter, a top oil ministry official said explaining the reason behind no reduction in petrol and diesel prices despite softening in input cost, but could not say if the rates will be cut before Maharashtra elections. Global oil benchmark Brent crude futures fell below $70 per barrel last week -- the first time since December 2021 -- but gained thereafter. Brent was trading at $74.58 per barrel on Thursday while West Texas Intermediate advanced to trade at $71.71.

'Kursi bachao', 'copycat': Opposition reacts to Union Budget 2024

'Kursi bachao', 'copycat': Opposition reacts to Union Budget 2024

Rediff.com23 Jul 2024

The Opposition on Tuesday termed the Union Budget as a 'kursi bachao budget' driven by political compulsions and claimed that it ignored opposition-ruled states in a bid to 'appease' Bharatiya Janata Party's allies.

RBI Rules Make It Difficult To Attract Talent

RBI Rules Make It Difficult To Attract Talent

Rediff.com5 Jun 2023

A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.

A Tale Of Two Modi Decisions

A Tale Of Two Modi Decisions

Rediff.com11 Sep 2024

Why did the political system in the country react to these two decisions of the Modi government in a diametrically opposite manner? asks A K Bhattacharya.

Did Lakshmir Bhandar Help Mamata Win?

Did Lakshmir Bhandar Help Mamata Win?

Rediff.com6 Jun 2024

The welfare schemes of the government, particularly Lakshmir Bhandar, have had a major impact on the electoral outcome.

Your Tax Questions Answered

Your Tax Questions Answered

Rediff.com6 Aug 2024

rediffGURU T S Khurana answers readers' personal income tax queries.

How To Avoid Motor Insurance Claim Rejection

How To Avoid Motor Insurance Claim Rejection

Rediff.com18 Jun 2024

Do not get repair work started without informing the insurer as the latter like to carry out end-to-end verification of damages and documents before approving a claim.

Will end drain of wealth to crony corporates: Cong

Will end drain of wealth to crony corporates: Cong

Rediff.com9 May 2024

The Congress on Thursday accused the Modi government of aiding 'drain of wealth' from ordinary Indians to crony corporates, and said it will end this practice if it comes to power at the Centre.

'Kavach Would Have Prevented This Accident'

'Kavach Would Have Prevented This Accident'

Rediff.com21 Jun 2024

'The Railways decided to go for kavach three years back, but the progress has been very slow.'

STCG, LTCG, MFs: What You Must Know

STCG, LTCG, MFs: What You Must Know

Rediff.com30 Jul 2024

Investors should view the increase in the LTCG tax rate in conjunction with the increase in capital gains exemption from Rs 1 lakh to Rs 1.25 lakh, which will provide some relief.

'Markets Not In Panic Yet, But...'

'Markets Not In Panic Yet, But...'

Rediff.com7 Oct 2024

'If you see another 1000-point correction, people may start panicking.'

Is It Right Time For An FD?

Is It Right Time For An FD?

Rediff.com8 Aug 2024

FDs are not advisable for long-term wealth creation as their post-inflation, post-tax returns are not very attractive.

Freebies Dominate Andhra Assembly Polls

Freebies Dominate Andhra Assembly Polls

Rediff.com9 May 2024

The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.

Is Lok Sabha Poll Impacting Markets?

Is Lok Sabha Poll Impacting Markets?

Rediff.com14 May 2024

'It is advisable to stay away from the markets for now and buy only on a dip.'

South East Asia-based gangs behind surge in cybercrimes in India: Govt

South East Asia-based gangs behind surge in cybercrimes in India: Govt

Rediff.com23 May 2024

The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.

Will Nifty-IT Outperform Post Elections?

Will Nifty-IT Outperform Post Elections?

Rediff.com6 May 2024

The Nifty IT index, data shows, has outperformed the markets in each of the last four election years post the result. announcement.

'Election results not to have long-term effect on markets'

'Election results not to have long-term effect on markets'

Rediff.com15 May 2024

'If the majority falls short of expectations, it may prompt initial adjustments in investor sentiment.'

There's a limit to our patience: Trinamool on Cong

There's a limit to our patience: Trinamool on Cong

Rediff.com29 Jan 2024

Banerjee highlighted that despite repeated reminders over the last seven months, the Congress remained inactive in sealing the seat-sharing agreement.

Cong too made mistakes, need to change its politics: Rahul

Cong too made mistakes, need to change its politics: Rahul

Rediff.com10 May 2024

The remark came at an event in Lucknow where he accused Narendra Modi of being a monarch and not a prime minister, calling him a front for 'two-three financiers'.

Are Markets Expecting Lower BJP Tally?

Are Markets Expecting Lower BJP Tally?

Rediff.com10 May 2024

Market chatter suggests that the BJP could win fewer than 300.

Fair trade, focus on manufacturing, infra on steel firms' Budget wish list

Fair trade, focus on manufacturing, infra on steel firms' Budget wish list

Rediff.com10 Jul 2024

India's leading steel companies hope the Modi 3.0 Budget will continue the massive capital expenditure currently underway, focusing on infrastructure development, manufacturing, and fair trade. The infrastructure segment is the largest steel user, and the government's focus has fuelled steel consumption even as international markets have underperformed. According to provisional statistics, steel consumption grew 13.6 per cent in FY24, reaching 136 million tonnes (mt), according to a CRISIL report.

Sacrifices reap rewards for parents of Olympic shuttlers

Sacrifices reap rewards for parents of Olympic shuttlers

Rediff.com23 Jul 2024

'It was tough financially for the first few years but my friends and family supported me and once he did well at the 2018 Commonwealth Games, there was no looking back.'