News for 'Indian Revenue Service'

LIVE: Arvind Kejriwal lashes out at government

LIVE: Arvind Kejriwal lashes out at government

Rediff.com19 Jun 2012

We bring you live updates from Arvind Kejriwal's Indore meeting in which he will demand a probe against cabinet ministers as well as the Prime Minister on Rediff ZaraBol.

Finland Wants Indian Techies!

Finland Wants Indian Techies!

Rediff.com1 Feb 2023

In the last 12 months, over 7,500 Indians have applied for a resident permit.

Race To Modernisation: Air Force, Navy Beats Army

Race To Modernisation: Air Force, Navy Beats Army

Rediff.com19 Feb 2024

The Army has now fallen behind the other two services for four years in a row.

Clear skies ahead: Strong long-term gains for IndiGo as demand rises

Clear skies ahead: Strong long-term gains for IndiGo as demand rises

Rediff.com9 Jul 2024

Long-term macro trends indicate growth in demand for air travel. Trends from the ticketing website MakeMyTrip indicate a likely annual growth of between 11-17 per cent in Indian air travel demand over FY24-30. Through that period, InterGlobe Aviation or IndiGo may continue to make gains in market share in both domestic and international travel, aided by large fleet additions. IndiGo is the largest global customer of Airbus by far with 950 aircraft orders outstanding.

Assam floods: Over 6.71 lakh hit; IAF pressed into rescue

Assam floods: Over 6.71 lakh hit; IAF pressed into rescue

Rediff.com2 Jul 2024

Assam's flood situation remained critical on Tuesday with over 6.71 lakh people affected in 20 districts in the second wave of flooding this year, as the Indian Air Force (IAF) rescued 13 stranded fishermen from the severely-hit Dibrugarh district, an official said.

2021: A year of many firsts for the revenue dept

2021: A year of many firsts for the revenue dept

Rediff.com23 Dec 2021

A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax administration that include bringing a framework for cryptocurrencies and rationalising the GST rate structure. With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination. The task ahead is going to be a tough one as the tax department would grapple with taxing cryptocurrencies, rationalising Goods and Services Tax (GST) rates to shore up revenues and post June 2022, the scenario of how the GST revenue plays out for states without the Centre's support of compensation.

How will the markets fare this week

How will the markets fare this week

Rediff.com14 Apr 2024

Geopolitical events, macroeconomic data and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said. Stock markets will remain closed on Wednesday for Ram Navami. "This week promises to be crucial for the market as fresh worries about a potential conflict between Iran and Israel emerge.

'Indian call centres stole $300 million from Americans'

'Indian call centres stole $300 million from Americans'

Rediff.com28 Oct 2016

The five Ahmedabad-based call centres that made calls to people living in the US are Hglobal, Call Mantra, Worldwide Solution, Zoriion Communications and Sharma BPO Services.

Cabinet gives nod to hire 20,750 staff for I-T Dept

Cabinet gives nod to hire 20,750 staff for I-T Dept

Rediff.com24 May 2013

The Cabinet on Thursday approved a proposal to create an additional 1,349 additional posts in the Indian Revenue Services cadre and 19,402 in the non-IRS cadres.

'Elections May Sway Markets Temporarily'

'Elections May Sway Markets Temporarily'

Rediff.com17 May 2024

'The long-term impact of elections is minimal.'

Govt finally accepts Kejriwal's resignation from IRS

Govt finally accepts Kejriwal's resignation from IRS

Rediff.com20 Dec 2011

The government has finally accepted the resignation of Team Anna member Arvind Kejriwal from the Indian Revenue Service, almost six years after he quit the job.

Be humane in dealing with taxpayers: FM to taxmen

Be humane in dealing with taxpayers: FM to taxmen

Rediff.com12 Mar 2010

He reminded the officials that it was because of increased tax buoyancy and collection efforts of Revenue departments that the government was able to waive off the loans to farmers amounting to Rs 71,000 crore (Rs 710 billion).

GR Sofi to be Jammu and Kashmir's new CIC

GR Sofi to be Jammu and Kashmir's new CIC

Rediff.com28 Jan 2011

The coveted chief information commissioner's post in Jammu and Kashmir went to GR Sofi, presently chief commissioner, Income Tax, Amritsar region. Sofi, an Indian Revenue Service officer of 1977 batch will retire shortly.

While Kejriwal meditates, his fans put I-T dept in quandary

While Kejriwal meditates, his fans put I-T dept in quandary

Rediff.com3 Oct 2011

While Team Anna spokesperson Arvind Kejriwal is attending a meditation course at Sohna in Haryana, income tax department officials are losing their peace of mind over more worldly affairs involving their former colleague.

I-T dept doesn't know what to do with money from Kejriwal fans

I-T dept doesn't know what to do with money from Kejriwal fans

Rediff.com3 Oct 2011

Kejriwal's supporters have bombarded Income Tax offices with cheques and demand drafts, offering to pay his tax dues.

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.

Study smarter, not harder: All India CS topper

Study smarter, not harder: All India CS topper

Rediff.com14 Mar 2012

20-year old Shruti, who is simultaneously studying for CA, aims to join the Indian Revenue Service (IRS) in the future.

Indian service cos confident of increased biz

Indian service cos confident of increased biz

Rediff.com22 May 2008

About 60 per cent of BRIC (Brazil, Russia, India and China) nations anticipate a rise in business activity whereas only two per cent expect a decline. These are the findings of the latest Business Outlook Survey conducted in April by advisory firm KPMG.

39 babus under scanner for alleged corruption

39 babus under scanner for alleged corruption

Rediff.com27 Jun 2017

The department of personnel and training, which acts as a nodal authority for IAS officers, is conducting the proceedings.

Rupee at 80: How top Indian companies hedged themselves for dollar

Rupee at 80: How top Indian companies hedged themselves for dollar

Rediff.com27 Jul 2022

Reliance Industries, the Tata group, Bharti Airtel and Aditya Birla are among Indian conglomerates that have hedged their revenue and costs linked to the US dollar, giving them financial cover as the rupee fell past 80 against the greenback on Tuesday.

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

NCB ex-zonal director Sameer Wankhede moves HC in caste certificate case

NCB ex-zonal director Sameer Wankhede moves HC in caste certificate case

Rediff.com6 May 2022

The Narcotics Control Bureau's former zonal director Sameer Wankhede has approached the Bombay high court challenging a notice issued to him by a caste certificate scrutiny committee, asking him to show cause as to why his caste certificate should not be confiscated.

'Skills Required In A Graduate Are Undergoing Changes'

'Skills Required In A Graduate Are Undergoing Changes'

Rediff.com5 Jul 2024

'Today's engineering graduates have to learn the skills to solve problems which is actually a higher order skill.'

Kejriwal returns IT dues, sends Rs 9.27L cheque to PM

Kejriwal returns IT dues, sends Rs 9.27L cheque to PM

Rediff.com3 Nov 2011

Arvind Kejriwal returned over Rs nine lakh in dues to settle the issue of his resignation from the Indian Revenue Service, insisting that he was doing so in protest and it does not mean he has accepted any mistake.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

Kejriwal decides to pay dues, may take loan from friends

Kejriwal decides to pay dues, may take loan from friends

Rediff.com30 Oct 2011

43-year-old Kejriwal said his move should not be seen as admitting to the government's argument that he violated bond conditions and that he reserves his right to approach court against it.

LTIMindtree chief talks about the company's growth drivers

LTIMindtree chief talks about the company's growth drivers

Rediff.com28 Jul 2024

'We added a significant number of freshers in Q1. You will see a good number of hiring in Q2 as well.'

GST collections jump 15% to Rs 1.68 lakh cr in Nov

GST collections jump 15% to Rs 1.68 lakh cr in Nov

Rediff.com1 Dec 2023

GST collections jumped 15 per cent to nearly Rs 1.68 lakh crore in November, the finance ministry said on Friday. Goods and Services Tax (GST) mop-up was over Rs 1.45 lakh crore in November 2022.

Why Did Naidu Meet Modi?

Why Did Naidu Meet Modi?

Rediff.com5 Jul 2024

According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

NCB team was keen to give clean chit to Aryan because...: Wankhede

NCB team was keen to give clean chit to Aryan because...: Wankhede

Rediff.com8 Jun 2023

Wankhede, whose interim protection from arrest in the Central Bureau of Investigation's case of extortion and bribery against him was on Thursday extended by the HC till June 23, in his rejoinder affidavit claimed the SET has 'twisted facts and labelled false allegations to jeopardise the career and character of honest officials'.

I-T dept needs 9,000 more people in 5 years

I-T dept needs 9,000 more people in 5 years

Rediff.com21 Jul 2009

The 8,965 officials include an estimate for an extra 760 sanctioned personnel in the Indian Revenue Service. Apart from this, the department would have to create 42 posts of principal chief commissioner of Income Tax (Principal CCITs), 74 CCITs, 116 Senior CCITs and Deputy CITs. "This would have to been done through simultaneous abolition of posts in other grades," said the report.

Rs 72,000-cr I-T refunds in '09-10

Rs 72,000-cr I-T refunds in '09-10

Rediff.com12 Apr 2011

The issue of delayed refunds was not a healthy trend and was tarnishing the department's image.

In times of COVID, how travel firms plan to generate revenue

In times of COVID, how travel firms plan to generate revenue

Rediff.com6 Aug 2020

While Yatra is building a digital services platform to offer skill development training and sourcing solutions to corporate, Thomas Cook has partnered ICMR-accredited labs to offer Covid-19 certification, and MakeMyTrip is offering chartered flight services.

AAP victory is Kejriwal's gift to wife on birthday

AAP victory is Kejriwal's gift to wife on birthday

Rediff.com11 Feb 2020

The counting of votes in Delhi election 2020 is currently underway. Early trends suggest that Aam Aadmi Party is on course to a victory. The victory is befitting as February 11 -- is also Kejriwal's wife Sunita's birthday.

Wipro's leadership crisis gets more severe with Thierry Delaporte's exit

Wipro's leadership crisis gets more severe with Thierry Delaporte's exit

Rediff.com8 Apr 2024

The writing has been on the wall for some time. Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro to resign, analysts said. Delaporte, Wipro's seventh CEO, also resigned without completing his five-year term, like his predecessor Abidali Neemuchwala decided to end his tenure prematurely in 2020. Phil Fersht, HFS Research CEO and chief analyst believes the change in leadership was at least six months overdue.

Govt extends ED director S K Mishra's tenure by a year

Govt extends ED director S K Mishra's tenure by a year

Rediff.com17 Nov 2021

The government on Wednesday extended the tenure of Enforcement Directorate Director Sanjay Kumar Mishra by a year till November 18, 2022, days after the Centre brought ordinances to allow ED and Central Bureau of Investigation directors to occupy the office for up to five years.

Gig workers Bill: Unease among startups

Gig workers Bill: Unease among startups

Rediff.com15 Jul 2024

A group comprising top tech startups and unicorns has raised several "serious concerns" over a platform-based gig workers Bill proposed by the Karnataka government, saying it would hurt the ease of doing business. They told the state government the Bill in its current form would hamper operations and increase regulatory and compliance burden on the nascent gig and startup economy, according to sources.

Price hike, capex moderation key for further gains in Bharti Airtel stock

Price hike, capex moderation key for further gains in Bharti Airtel stock

Rediff.com18 Jun 2024

From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.