'For the first month, we have only had 5.5 million who have paid the tax.' '40 per cent have paid nil as tax; 95 per cent of the taxation for the first two months has come from only 400,000 assessees.' 'So even now, the tax-paying habit, of paying a marginal or negligible amount, or not paying anything at all, is quite prevalent,' reveals Finance Minister Arun Jaitley.
The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.
Rajan said investments should return after initial investor worries over Brexit.
'Pay-for-delay' settlements between drug patent-holders and generics manufacturers to delay the launch of cheaper generic medicine are increasingly being scrutinised by antitrust regulators
The two countries, among the very few fast growing large economies globally, also decided to boost bilateral trade and investment in areas of oil and gas, renewable energy, IT and pharmaceuticals, during talks between Prime Minister Narendra Modi and Indonesian President Joko Widodo.
'There is a problem with the rise of a popular view that sees Kashmir through the prism of the larger, chronic Hindu-Muslim tensions.' 'By redefining the Kashmir problem simplistically in Hindu-Muslim terms could end up keeping Kashmir but losing most Kashmiris,' says Shekhar Gupta.
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
The hype surrounding the Budget gives it undue importance.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
It is possible that the final Budget architecture may be at variance with the comments.
It was never the quality of the CV that defined an incumbent's performance or legacy.
Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?
ATS officials seized a cellphone and Rs 71.57 lakh in cash from the house of Qureshi,
'I served the Indian Army and I am an ex-serviceman.' 'I look at this as a battle I am fighting after I left the army.' 'I will not leave till I get her back as my daughter Akhila, and I believe it will happen one day.'
The Delhi High Court on Thursday sought response of the Centre and the Enforcement Directorate on the bail plea of businessman Gautam Khaitan, arrested last month in a money laundering case related to the Rs 3,600-crore VVIP chopper deal.
As the 16th Indian parliamentary elections get underway, Vikas Lather profiles Sukumar Sen, India's first chief election commissioner.
Indian-American hotelier Sant Singh Chatwal avoided jail time and was sentenced to three years probation and a $500,000 fine on charges of illegally donating thousands of dollars to political campaigns.
Penalties for undisclosed foreign income and assets extend up to 300%.
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
Congress accuses Centre of 'protecting' state BJP chief's son.
Dabhol's assets will be demerged into the power plant and the LNG terminal.
'My confidence in the Indian judiciary is absolute after I saw justice being delivered in Gujarat even when a BJP government was ruling the state. The Muslims of Gujarat believed that they will never get justice in a BJP-ruled state, but the facts are before all of us to make a judgment.'
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
Law minister Ravi Shankar Prasad believes governance finally on track. An exclusive chat with Rashme Sehgal.
Admitting that corruption is the "biggest issue" that is "bleeding people dry", Rahul Gandhi on Saturday sought to reach out to the India Inc by saying that "arbitrary powers" were holding up projects.
Kashmir remained on the edge with six more persons, including a cop getting killed in violence on Sunday.
Sectors throw up a wishlist for the Finance Minister.
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
The government has provided a long-term vision.
Rohith, like Mahatma Gandhi, was not allowed to speak the truth by the forces who killed him, said Congress vice president.
Boost to dairy sector will generate jobs
A case has been registered against temple authorities as permission for firecrackers was denied.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
'Ravindra is probably the best all-rounder in India today.' 'He is a thinking spinner. He uses both his fingers and mind when bowling.'
The collapse of an under-construction 11-storey building in Chennai which claimed 11 lives should serve as a wake-up call for the housing sector to have a regulatory mechanism for the construction industry, says N Sathiya Moorthy
.jpg)
The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
Manipur needs an integrated politico, military, socio-economic approach, says Sanjeev Nayyar.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances