News for 'IT SHOULD BE MINIMUM 1 LAKH'

Highlights of Sitharaman's corporate tax breaks

Highlights of Sitharaman's corporate tax breaks

Rediff.com20 Sep 2019

Highlights of the announcements made by Finance Minister Nirmala Sitharaman on the reduction in corporate tax and other fiscal relief measures for the economy to promote growth and investment.

RBI cancels charges on RTGS/NEFT, asks banks to follow suit

RBI cancels charges on RTGS/NEFT, asks banks to follow suit

Rediff.com6 Jun 2019

In order to provide an impetus to digital funds movement, it has been decided to do away with the charges levied by the RBI for transactions processed in the RTGS and NEFT systems, RBI said.

Smart cities to attract over Rs 2 trillion investment in 5 years

Smart cities to attract over Rs 2 trillion investment in 5 years

Rediff.com30 Apr 2015

Around Rs 2 trillion will flow in over the next five years for development of urban areas across India.

Better to revive old LIC policy or buy new one?

Better to revive old LIC policy or buy new one?

Rediff.com5 Dec 2019

LIC is currently allowing customers to revive policies that have lapsed for more than two years.

Sebi may relax listing norms for startups

Sebi may relax listing norms for startups

Rediff.com28 May 2015

Startup may get some relation from Sebi for listing firms.

100 days of protest: Farmer leaders firm on demand to repeal laws

100 days of protest: Farmer leaders firm on demand to repeal laws

Rediff.com6 Mar 2021

Farmer leaders on Saturday said the protesting unions stand firm on their demand of a complete repeal of the three agri laws and asserted that they are ready for talks with the government, but that should be held without any condition.

'People don't believe Modi anymore'

'People don't believe Modi anymore'

Rediff.com12 Jan 2021

'The PM cannot give a single reason why farmers should trust him.'

Two launches set the field for customer value

Two launches set the field for customer value

Rediff.com25 Nov 2009

The minimum entry age for both plan is 18 years.

India set for biggest ever spectrum sale

India set for biggest ever spectrum sale

Rediff.com29 Jan 2015

Eyeing a record high spectrum sale of Rs 1 lakh crore, the government on Wednesday fixed the base price for 3G auction at Rs 3,705 crore per mega hertz - which itself can fetch over Rs 17,000 crore (Rs 170 billion) from this band.

Allowance hike: Government staff have to wait for 2 years

Allowance hike: Government staff have to wait for 2 years

Rediff.com24 Jun 2016

Officials cited the example of the Sixth Pay Commission.

When will Modi cut high taxes on fuels?

When will Modi cut high taxes on fuels?

Rediff.com24 Feb 2021

The logic of deregulation was that the consumer was protected no matter what the price of crude. But now the reverse has happened. The government is protected no matter what the price of crude, observes Aakar Patel.

Bill on partial ban on liquor in Bihar passed

Bill on partial ban on liquor in Bihar passed

Rediff.com31 Mar 2016

A bill providing for up to capital punishment to those manufacturing or trading illicit liquor in the event of hooch tragedy was on Wednesday unanimously passed by both Bihar legislature which also adopted a resolution unanimously that its members will not consume liquor.

'Want a corpus of Rs 1.75 cr in 7 years'

'Want a corpus of Rs 1.75 cr in 7 years'

Rediff.com8 Jun 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Govt says 1,340 'Made in India' ventilators delivered to states

Govt says 1,340 'Made in India' ventilators delivered to states

Rediff.com23 Jun 2020

The prominent recipients include Maharashtra (275), Delhi (275), Gujarat (175), Bihar (100), Karnataka (90), Rajasthan (75).

'With 50k SIPs, can I make Rs 3 cr by 2030?'

'With 50k SIPs, can I make Rs 3 cr by 2030?'

Rediff.com26 May 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Nitish's biggest asset: Bihar's 30 million women voters

Nitish's biggest asset: Bihar's 30 million women voters

Rediff.com28 Oct 2020

There are also over 10 million voters in the 18-29 age bracket. Winning them over could be Nitish Kumar's biggest challenge, reports Aditi Phadnis.

Service tax on forex dealings capped at Rs 5,000

Service tax on forex dealings capped at Rs 5,000

Rediff.com1 Apr 2011

The government said that service tax on foreign exchange transactions would be capped at Rs 5,000. The announcement will provide relief to market participants who feared high tax incidence would lead to a sharp decline in foreign exchange transaction volumes.

Why mutual fund houses fear losing talent

Why mutual fund houses fear losing talent

Rediff.com7 May 2021

Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice.

Farmer agitation 'infiltrated by Leftists, Maoists': Goyal

Farmer agitation 'infiltrated by Leftists, Maoists': Goyal

Rediff.com12 Dec 2020

"We now realise that the so-called farmer agitation hardly remains a farmers' agitation. It has almost got infiltrated by Leftist and Maoist elements, a flavour of which we saw over the last two days when there were extraneous demands to release people who have been put behind bars for anti-national (and) who have been put behind bars for illegal activities," Goyal, the Minister for Railways, Commerce and Industry and Food and Consumers Affairs, said at FICCI's annual meeting.

Lok Sabha passes farm bills amid protests by Oppn, SAD

Lok Sabha passes farm bills amid protests by Oppn, SAD

Rediff.com17 Sep 2020

Another bill related to the farm sector, the Essential Commodities (Amendment) Bill, was passed on Tuesday.

Congratulate Abhijit, but you know he's leftist: Goyal

Congratulate Abhijit, but you know he's leftist: Goyal

Rediff.com18 Oct 2019

Banerjee supported 'Nyay' (poverty alleviation scheme of Congress) and people of India rejected his ideology, the BJP leader said.

EPFO earns negative return on investment in stocks

EPFO earns negative return on investment in stocks

Rediff.com11 Mar 2016

The EPFO started investing in ETFs in August last year after the CBT in March cleared proposal to invest in equity markets.

Govt hikes paddy MSP by Rs 53/qtl for 2020-21

Govt hikes paddy MSP by Rs 53/qtl for 2020-21

Rediff.com1 Jun 2020

The government has also extended till August 31 the repayment date of short-term crop loan of up to Rs 3 lakh for agriculture and allied activities. The decision, taken by the Cabinet headed by Prime Minister Narendra Modi, will give respite to farmers and also help them take a call on which kharif (summer) crop to grow as sowing picks up with the arrival of southwest monsoon.

FMCG firms assure uninterrupted supply amid curfew in Maharashtra

FMCG firms assure uninterrupted supply amid curfew in Maharashtra

Rediff.com14 Apr 2021

FMCG firms such as ITC, Parle Products, Marico, Emami, PepsiCo India and CG Corp Global on Wednesday assured uninterrupted supply of their products based on the learnings from the last year's lockdown, even as surge in COVID-19 cases in India forced Maharashtra to declare a 15-day curfew while other states also imposing various restrictions.

BCCI contracts: Dhoni remains in Grade A category, Raina demoted

BCCI contracts: Dhoni remains in Grade A category, Raina demoted

Rediff.com9 Nov 2015

Indian limited-overs captain Mahendra Singh Dhoni was on Monday retained in Group A of the men's player contracts for 2015-16 by the BCCI.

Govt gets Rs 32,300 cr upfront payment from spectrum sale

Govt gets Rs 32,300 cr upfront payment from spectrum sale

Rediff.com12 Apr 2015

Bharti Airtel has paid Rs 11,374.7 cr while upfront amount due from it was Rs 7,832.20 cr

Gadkari's grand plan: Rs 3 lakh cr of road projects in 6 months

Gadkari's grand plan: Rs 3 lakh cr of road projects in 6 months

Rediff.com19 May 2015

The public-private partnership model is a compulsion, says the minister.

Top 6 engineering entrance exams

Top 6 engineering entrance exams

Rediff.com1 Sep 2014

Besides the Joint Entrance Exam that we all know of, here are some more that are equally competitive.

I-T exemption limit hiked to Rs 1,50,000

I-T exemption limit hiked to Rs 1,50,000

Rediff.com29 Feb 2008

In a major bonanza to the salaried class, the government on Friday proposed to increase the income tax exemption limits from Rs 1.10 lakh to Rs 1.50 lakh, in addition to restructuring the tax slabs.

Why 2020 will be a year of labour reforms

Why 2020 will be a year of labour reforms

Rediff.com30 Dec 2019

As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.

'It won't be good for social health of Maharashtra'

'It won't be good for social health of Maharashtra'

Rediff.com13 Feb 2020

If the Bhima Koregaon commission is terminated before completing its work, the people affected by the violence 'would feel cheated'.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Haryana's many khaps to join farmers' R-Day tractor parade

Haryana's many khaps to join farmers' R-Day tractor parade

Rediff.com24 Jan 2021

Several 'khaps' of Haryana are set to join farmers' tractor parade in Delhi on the Republic Day with thousands of these vehicles leaving various caste councils' villages for the national capital on Sunday.

Pawar asks Commerce Ministry to scrap onion export floor price

Pawar asks Commerce Ministry to scrap onion export floor price

Rediff.com23 Dec 2013

In the retail markets, rates have fallen to Rs 30-35 a kg from Rs 100-level.

RBI raises FII sub-limit in govt bonds by $5 bn

RBI raises FII sub-limit in govt bonds by $5 bn

Rediff.com24 Jul 2014

The move is expected to stabilise yields, volatile in the recent past.

Market watchdog clears decks for REIT launch

Market watchdog clears decks for REIT launch

Rediff.com11 Aug 2014

Key relaxations traced in final regulations.

India fastest to administer 17 cr Covid vaccine doses

India fastest to administer 17 cr Covid vaccine doses

Rediff.com12 May 2021

"Vaccination is our big weapon in the fight against COVID-19," he said. He added that India is the fastest country globally to reach the landmark of 17 crore doses in 114 days and thanked all the states and UTs for their contribution in achieving this feat.

Automation to shave off 25,000 jobs in IT sector

Automation to shave off 25,000 jobs in IT sector

Rediff.com1 Aug 2016

Half of the people earning between Rs 30 lakh and Rs 70 lakh will lose their jobs in next 10 years.

Your savings account will earn daily interest

Your savings account will earn daily interest

Rediff.com22 Apr 2009

At present, the interest is calculated on the minimum balance held in the account from the 10th of each month to the last day of that month. So, if a bank customer has Rs 1 lakh in his savings account one day and then Rs 100 another day, the minimum balance taken for calculation of interest in the period would be Rs 100. But, from April 1, 2010, the interest will be paid on the daily minimum balance. This means even the Rs 1 lakh balance will earn the customer interest.

AGR woes: No decision on relief to telcos at crucial meet

AGR woes: No decision on relief to telcos at crucial meet

Rediff.com28 Feb 2020

Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.