Ninety-nine companies, which also include some unlisted ones, have more than Rs 100 crore each of minimum alternate tax credit on their books, cumulatively adding up to Rs 75,000 crore. By utilising MAT credit, many companies will be able to bring down their effective tax cost.
'A small incident would derail the peace process initiated by Prime Minister Vajpayee. How can we face the people of India?' says Minister of State for Home Swami Chinamayanand.
Bengaluru police said, action has been taken and the person concerned rounded up. Strict action will be taken against him. No such misbehaviour with foreign tourists will be tolerated.
Congress on Friday made it clear that it was in no hurry to reconsider its support to the Aam Aadmi Party government in Delhi, but expressed disappointment over its functioning and also condemned the criticism by its minister Somnath Bharti of President Pranab Mukherjee's speech on the eve of the Republic Day.
Indian economy is expected to clock an average growth rate of 6.7 per cent till 2026-27 fiscal driven by domestic consumption, S&P Global Ratings senior Economist (Asia Pacific) Vishrut Rana said on Wednesday. He said the economic growth in the current fiscal is expected to come in around 6 per cent, lower than 7.2 per cent clocked in 2022-23. "We are seeing some headwinds from the trade side which is affecting activity and that is one of the factors that is affecting growth this year," Rana said at a webinar.
Pacer Prasidh Krishna, who is back in the Indian team after an injury lay-off, praised and thanked star fast bowler Jasprit Bumrah for his support during the National Cricket Academy (NCA) days.
Smith is banned from leadership roles until March because of his involvement in a Cape Town ball-tampering scandal last year but he is tipped by some former players and leading cricket writers to regain the captaincy from wicketkeeper Paine after his batting heroics in England.
Pooja Vastrakar bowled a sharp and incisive spell to take the Indian women's cricket team to its maiden Asian Games final, crushing Bangladesh by eight wickets in a lopsided semi-final.
'There is ample evidence to suggest that attacks on the PM's probity and his connections with business houses do not resonate with voters.'
South Africa made quite a statement in their quarter-final rout of Sri Lanka on Wednesday but AB de Villiers warned their rivals that reaching the last four of the World Cup was by no means the extent of their ambitions.
A day before the event, I learnt from an old Mumbai crime branch informant that a group of gangsters were planning to serve breakfast to the prisoners at Balgandharva Rangmandir prior to the show.
Police insisted that there was no clash with the protesters and that the cops at the site were facilitating the protesters and ensuring a peaceful gathering.
On the shopping list: Light tanks, anti-tank guided missiles, UAVs, assault rifles, fighter aircraft.
Damn! If only looks could kill, we would all be dead.
Anamika Pareek explains the advantages of investing in tax-saving options like the equity-linked savings schemes.
Film-makers seem to think a modern woman has to adopt the worst traits of men, observes Deepa Gahlot.
Abhay Chautala said that Banerjee has told him that she had some preoccupation on that day and she will depute a senior leader of her party for the event while Thackeray told him that if he is unable to attend due to some reasons he will send a senior leader for the event.
Union Home Minister Amit Shah on Wednesday blamed India's first Prime Minister Jawaharlal Nehru's "two major blunders" -- declaring a ceasefire without winning the entire Kashmir and taking the issue to the United Nations -- for the sufferings of the people of Jammu and Kashmir.
Bangladesh scored 245 for nine against New Zealand in their ICC Men's ODI World Cup match in Chennai on Friday.
Jasprit Bumrah had undergone surgery for a recurring back niggle in New Zealand in March.
India is sceptical that Tesla might import into the country cars made in China. Tesla executives were in India last month and appear to have proposed a factory in the country. But do not be surprised if that does not happen in a hurry.
Four persons including a Manipur police commando and a teenager were killed in Kangvai area of Bishnupur district in clashes between the two warring communities in the intervening night of Thursday and Friday, officials said.
IMAGES from the ICC World Cup match played between Pakistan and The Netherlands in Hyderabad on Friday.
Heavy rains continued to pound Chennai and nearby districts on Monday under the impact of a cyclonic storm, which is likely to cross the coast in Andhra Pradesh on December 5.
'I want the country to know what's happening to our daughter.'
IMAGES from the World Cup match between Australia and England played in Ahmedabad on Saturday
'And a majority will be in the top-end vehicle range.'
Amid wedding rumours, Parineeti Chopra and Aam Aadmi Party MP Raghav Chadha were spotted together at Delhi airport on Wednesday night.
Miss World 2024 will be crowned in India soon. Long before Aishwarya Rai and Priyanka Chopra, Yukta Mukhey and Diana Hayden, a beautiful woman from Bombay was crowned Miss World. In 1966. Reita Faria was India's first Miss World. Vaihayasi Pande Daniel/ Rediff.com met the 80 year old in Dublin recently, still as elegant, still as attractive as she was all those years ago.
'We cried our hearts out as we saw our huts going underwater. It was hard to believe that I was fast asleep at the same spot just 15-20 minutes ago'
'She had the courage to not cow down before the entire law and order apparatus, to remain sane and human despite inhuman suffering meted out to her and her family.'
The Mumbai police has decided to provide security to Manoj Shukla Muntashir, the dialogue writer of the film Adipurush after he cited a threat to his life, an official said on Monday.
The Supreme Court on Tuesday deferred to May 9 the hearing on a batch of pleas challenging the remission granted to the 11 convicts last year in the case of gangrape of Bilkis Bano and murder of her family members during the 2002 post-Godhra riots.
As inflation rate is near the upper limit of the comfort zone, experts rule out rate cuts anytime soon
The board outside St Michael's Church at Mahim in north central Mumbai often has messages that bring a smile to the faces of drivers and passengers hurrying in thick traffic outside the church which draws worshippers from all faiths to its novena every Wednesday.
Djokovic beats Wawrinka just before closing time
The recently launched retail central bank digital currency (CBDC) pilot has 50,000 users and 5,000 merchants, the RBI said on Wednesday. "We want the process to happen, but we want the process to happen gradually and slowly. "We are in no hurry to make something happen so quickly," Deputy Governor T Rabi Sankar said at the post-policy press conference in Mumbai.
The Netherlands caused the World Cup's second major upset in three days, as it shocked an in-form South Africa by 38 runs.
Like in Baahubali, even here, Prabhas walks like he is doing the hop, step and jump in the Olympics. And he carries the same weapons, notices A Ganesh Nadar, viewing Adipurush in Tamil.
Every banker loves the four-letter word Casa as it plays an important role in lowering the cost of deposits. Every bank wants to increase its Casa, as a higher portion of Casa in the overall deposit liability brings down its cost of money, points out Tamal Bandyopadhyay.
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