News for 'Internal Revenue Service'

'GST structure is complex'

'GST structure is complex'

Rediff.com12 Mar 2015

A well-functioning GST will enhance tax compliance and boost growth: IMF

TV journalists have become politicians!

TV journalists have become politicians!

Rediff.com9 Jan 2021

India's news broadcasters are a national shame that have polarised Indians, observes Vanita Kohli-Khandekar.

India Inc sees worst profit growth in 10 quarters

India Inc sees worst profit growth in 10 quarters

Rediff.com1 Jun 2016

If financials and oil sectors were removed, India Inc has done quite well.

RIL can become 1st Indian firm to hit $200 bn m-cap

RIL can become 1st Indian firm to hit $200 bn m-cap

Rediff.com16 Oct 2019

Reliance has significant investments in telecom, consumer retail and media businesses in India.

GMR's Male airport under tax audit cloud

GMR's Male airport under tax audit cloud

Rediff.com26 Apr 2011

The Maldives inland revenue authority is known to be working on the documents after the income to the tax department received was less than expected.

How a spat revealed Punjab's liquor nexus

How a spat revealed Punjab's liquor nexus

Rediff.com25 May 2020

A look at licensed distilleries shows that many have connections with politicians and influential business families. Among politicians, a minister owns a distillery. Two others are owned by ex-Congressman Venod Sharma and ex-Akali MLA Deep Malhotra.

How Delhi's IGI airport is gaining from public-private partnership

How Delhi's IGI airport is gaining from public-private partnership

Rediff.com6 Jun 2016

From a dismal Airport Service Quality ranking of 101 in 2006, it topped the list in 2016.

How ITC Infotech plans to boost digital capabilities

How ITC Infotech plans to boost digital capabilities

Rediff.com24 Jul 2017

ITC Infotech looks to buy 'sub-$50 mn' firms

Why Budget 2020 will be different

Why Budget 2020 will be different

Rediff.com1 Jan 2020

In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.

India lost Rs 90K cr to false trade invoicing, says US think-tank

India lost Rs 90K cr to false trade invoicing, says US think-tank

Rediff.com6 Jun 2019

In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year

Ebix offers to buy out Yatra, values travel portal at $25m

Ebix offers to buy out Yatra, values travel portal at $25m

Rediff.com12 Mar 2019

If the deal goes through this will be second deal for Ebix in seven months, having bought Centrum group's forex and travel business Centrum Direct for a reported Rs 1,2000 crore valuation last August.

How long will OTTs survive?

How long will OTTs survive?

Rediff.com8 Oct 2020

The argument that the pandemic has given a boost to streaming video is fallacious. Only three OTTs saw a rise in viewership; the others fell.

Will Voltas manage to defend its market share?

Will Voltas manage to defend its market share?

Rediff.com24 Dec 2019

International brands such as Daikin, Hitachi and Samsung, which were largely present in the premium products range, are getting aggressive on expanding their mid-range portfolios to penetrate into smaller cities and towns. While competition isn't hurting Voltas just yet, which has managed to retain its market share at 24.4 per cent as of September 30 (Q2), the main question is whether the company can defend its market share without compromising on profitability.

States will get to levy additional taxes on top of 28% GST on petrol, diesel

States will get to levy additional taxes on top of 28% GST on petrol, diesel

Rediff.com29 Jun 2018

'If petro products are brought into GST, then there will be minor impact on the incidence of tax... and minor impact on prices. The price of petrol, diesel will continue to be driven by global factors'

AI to soon conclude lease of 5 Airbus A-320 planes

AI to soon conclude lease of 5 Airbus A-320 planes

Rediff.com2 Apr 2014

The national carrier's capacity is expected to grow by 9.2 per cent with the addition of six more Boeing 787 Dreamliners to the fleet, they said. As of February this year, the airline has 13 Dreamliners in its fleet out of a total order of 27.

Wipro inks $1.1bln IT deal with ATCO; pays $195mln for IT arm

Wipro inks $1.1bln IT deal with ATCO; pays $195mln for IT arm

Rediff.com18 Jul 2014

ATCO's subsidiary, ATCO I-Tek, will become a part of Wipro after the closure of the deal, which is expected to be completed in this quarter.

12 suggestions to solve India's COVID-19 economic woes

12 suggestions to solve India's COVID-19 economic woes

Rediff.com6 May 2020

'A total overall of the existing way of working by abolishing taxes and allowing citizens to help themselves without any government bottlenecks and impediments,' observes Rahul Mishra.

10 stocks most likely to make investors RICH!

10 stocks most likely to make investors RICH!

Rediff.com11 Feb 2019

From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Over 10 Indian start-ups may mop up at least $10 billion in IPO rush

Rediff.com22 Feb 2021

Over 10 Indian start-ups with total valuations of $84 billion (some are planning fresh fund-raising) are bracing to launch initial public offerings (IPOs) in the next 36 months. While the size of their IPOs is under discussion, estimates are that they would together raise a minimum of over $8-10 billion during the initial listing.

CBI case may be GVK chief's biggest test yet

CBI case may be GVK chief's biggest test yet

Rediff.com10 Jul 2020

Real estate development on Mumbai airport land and the work on Navi Mumbai airport have been inordinately delayed, which have prompted rating downgrades and raised questions on its financial capabilities. It is also trying to stave off Adani group's entry as a shareholder in the Mumbai airport project.

Tim Cook sees huge opportunities for Apple in India

Tim Cook sees huge opportunities for Apple in India

Rediff.com2 May 2018

He noted that the infrastructure in India has come 'quite a ways' since Apple began to put a lot of energy in the Indian market 'because of their leadership and so forth.'

Chandrasekaran on how Tata Consumer plans to be a formidable FMCG player

Chandrasekaran on how Tata Consumer plans to be a formidable FMCG player

Rediff.com2 Jun 2021

The Tata group firm has enhanced its product portfolio through "targeted acquisitions" as it aspires to be a formidable player in the FMCG category, said Chandrasekaran, who is also the chairman of Tata Sons. Besides, it has stepped up the pace of innovation across markets in line with consumer trends such as health and wellness and convenience, he said in his message to shareholders in the latest annual report of TCPL.

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.

Bharti, UK govt consortium win bid for bankrupt satellite firm OneWeb

Bharti, UK govt consortium win bid for bankrupt satellite firm OneWeb

Rediff.com3 Jul 2020

While Indian telecom czar Sunil Mittal's Bharti did not share deal details, UK Business Secretary Alok Sharma said his government and Bharti Global, will provide $500 million each.

The Income Tax officer who won a Shaurya Chakra

The Income Tax officer who won a Shaurya Chakra

Rediff.com1 Mar 2018

Captain Pradeep Shoury Arya is an Income-Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra.

We will recover from second quarter: N Chandrasekaran

We will recover from second quarter: N Chandrasekaran

Rediff.com18 Apr 2014

TCS MD talks about demand environment, margin outlook and the growing number of its employee base.

India's fuel pricing mechanism is opaque and removed from reality

India's fuel pricing mechanism is opaque and removed from reality

Rediff.com5 Apr 2022

What could be more uncertain than Virat Kohli's agonising wait for a century for over two years? Perhaps it's what you will pay tomorrow morning to fill your vehicle's tank. Pump prices have joined cricket scores as the country's favourite discussion topic. Steep increases invite widespread protests, while moderate additions make the government anti-reformist. The ongoing fuel price conundrum is no different.

RIM, the next big thing in Indian IT sector

RIM, the next big thing in Indian IT sector

Rediff.com1 Apr 2015

RIM is expected to account for 43% of incremental IT services revenue growth

Foreign carriers under lens for 'tax evasion'

Foreign carriers under lens for 'tax evasion'

Rediff.com27 Jul 2015

An inquiry has been initiated by Directorate General of Central Excise Intelligence officials against these airlines.

Covid second wave won't sting economy

Covid second wave won't sting economy

Rediff.com21 Jun 2021

The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.

Centre opens 10 joint secy level posts for 'outstanding individuals'

Centre opens 10 joint secy level posts for 'outstanding individuals'

Rediff.com10 Jun 2018

The initiative is being called lateral recruitment to senior positions in the government.

Explained: Why shareholders are angry at promoter-directors' remuneration

Explained: Why shareholders are angry at promoter-directors' remuneration

Rediff.com23 Sep 2021

Earlier this month, Sobha Kapoor and Ekta Kapoor, part of the promoter group of Balaji Telefilms, faced shareholder ire when they failed to obtain the requisite votes on resolutions proposing pay increases for them. In recent months, several promoter-directors, including Siddharth Lal of Eicher Motors and Pawan Munjal of Hero MotoCorp, have faced similar situations. Clearly, large institutional shareholders - and public shareholders - are not taking kindly to promoter-directors upping their remuneration takeaways at a time when the prospects of business recovery are clouded by the anticipated third wave of the Covid-19 pandemic.

'Headcount addition not an indicator of growth'

'Headcount addition not an indicator of growth'

Rediff.com29 Jan 2019

'The increasing mix of fixed price contracts is helping us improve productivity by bringing in more automation.'

GST rate will be much more diluted than 27%: Jaitley

GST rate will be much more diluted than 27%: Jaitley

Rediff.com6 May 2015

The final rate will be worked out by the GST Council, Finance Minister Arun Jaitley said on Wednesday.

'Change to electric vehicles is happening faster than anticipated'

'Change to electric vehicles is happening faster than anticipated'

Rediff.com12 Oct 2021

'It is going to be extremely rapid and anybody who is not there, be it investor, manufacturer, supplier, will miss out.'

Cisco's John Chambers invests in Lucideus; eyes IoT space in India

Cisco's John Chambers invests in Lucideus; eyes IoT space in India

Rediff.com30 Oct 2018

According to sources, Chambers has led the $5-million funding round via his investment firm JC2 Ventures

NLD rate cut impact: details sought

NLD rate cut impact: details sought

Rediff.com14 Nov 2005

IndiGo, SpiceJet stare at huge Q1 losses

IndiGo, SpiceJet stare at huge Q1 losses

Rediff.com8 Jul 2020

Experts expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion for SpiceJet in Q1FY21 driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs.

Govt 'extorting' people with fuel price hikes: Sonia

Govt 'extorting' people with fuel price hikes: Sonia

Rediff.com29 Jun 2020

She charged the government with profiteering at the expense of the people, saying its duty was to help them in times of crisis and not make profits out of their hard-earned money.

Harman acquires Romesh Wadhwani group's Symphony Teleca

Harman acquires Romesh Wadhwani group's Symphony Teleca

Rediff.com24 Jan 2015

In one of the biggest deals in the outsourced product development (OPD) market, audio and infotainment systems maker Harman International Industries will buy Indian-born serial entrepreneur Romesh Wadhwani's Symphony Teleca for $780 million (about Rs 4,800 crore at Friday's exchange rate of 61.4).