News for 'Internal Revenue Services'

India has Reason To Worry about Taliban

India has Reason To Worry about Taliban

Rediff.com23 Sep 2021

India is worried about Pakistan getting the Taliban to ignite trouble in Kashmir, observes Ramesh Menon.

Despite pandemic, investors are flocking to Tamil Nadu

Despite pandemic, investors are flocking to Tamil Nadu

Rediff.com17 Aug 2020

Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.

Post Budget, companies likely to change dividend tax policy

Post Budget, companies likely to change dividend tax policy

Rediff.com10 Feb 2020

An analysis of S&P BSE 500 companies suggests that promoters of Indian private-sector companies in particular could end up paying at least 20 per cent more as additional tax on the same dividend income.

Quarantine hotels: It's business unusual

Quarantine hotels: It's business unusual

Rediff.com24 Apr 2020

Leading hotels are taking all precautions but the unusual service the staff has been pressed into puts them at the forefront of COVID fight.

IT cos on edge as major deals come up for renewal

IT cos on edge as major deals come up for renewal

Rediff.com25 Apr 2017

Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.

'I am driving simplification across Wipro'

'I am driving simplification across Wipro'

Rediff.com20 Aug 2015

Abid ali Neemuchwala's ambitious plans for Wipro.

Citibank likely to hive off consumer banking business in India

Citibank likely to hive off consumer banking business in India

Rediff.com8 Mar 2021

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.

Sharp tax cuts on gold among steps mooted by NITI panel

Sharp tax cuts on gold among steps mooted by NITI panel

Rediff.com4 Mar 2018

While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.

Tech Mahindra secures large multi-year AT&T deal

Tech Mahindra secures large multi-year AT&T deal

Rediff.com6 Sep 2019

Together, AT&T and TechM aim to improve the agility in rolling out and supporting networks of the future, while improving returns on investment through technology-led transformation.

Bears tighten grip, markets at 20-month closing lows

Bears tighten grip, markets at 20-month closing lows

Rediff.com18 Jan 2016

Stock specific action is seen with some of the prominent companies posting their quarterly numbers.

Badhaai ho, Bollywood!

Badhaai ho, Bollywood!

Rediff.com1 Nov 2018

The hit parade of well-made movies continues, ticket sales are creeping up and OTTs are upping the game in one of the best years for the film industry.

What's driving the large pay-outs of Indian CEOs?

What's driving the large pay-outs of Indian CEOs?

Rediff.com21 Sep 2018

Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses

India Inc's profits one of the lowest among major economies

India Inc's profits one of the lowest among major economies

Rediff.com19 Aug 2019

Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.

Jet to expand code-share pact with Etihad Airways

Jet to expand code-share pact with Etihad Airways

Rediff.com10 Jun 2013

Has also sought permission to share with Virgin Atlantic for new routes in Britain.

'Henceforth, no Indian should fear the taxman'

'Henceforth, no Indian should fear the taxman'

Rediff.com31 Dec 2019

'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.

Why PEs may be better source of capital for banks

Why PEs may be better source of capital for banks

Rediff.com16 Dec 2020

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.

India's 3G auction elicits global response

India's 3G auction elicits global response

Rediff.com5 Oct 2009

"There has been interest from various foreign companies in the planned 3G auction," telecom minister A Raja told reporters in Geneva, exuding confidence that the auction of 3G and Wi-Max spectrum would generate at least Rs 25,000 crore (Rs 250 billion) of revenue for the Indian government.

Rs 77,146 cr bids for spectrum on Day 1

Rs 77,146 cr bids for spectrum on Day 1

Rediff.com1 Mar 2021

India's first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel, and Vodafone Idea participating in the bidding process - a response that the government said was better than expected. There were, however, no takers for spectrum in 700 MHz and 2500 MHz bands on the first day, and the auctions will continue and conclude on Tuesday. About 2,308.80 MHz of spectrum, that carry telecom signals, in seven bands worth nearly Rs 4 lakh crore at the reserve or start price, was offered for bidding in the auction that began on Monday. Communications Minister Ravi Shankar Prasad said Rs 77,146 crore worth of spectrum was bid on the first day but there were no takers for the airwaves in the premium 700 MHz as also 2500 MHz bands.

TCS Q1 net up 33% at Rs 630 crore

TCS Q1 net up 33% at Rs 630 crore

Rediff.com15 Jul 2005

Private airports protest regional carrier sops

Private airports protest regional carrier sops

Rediff.com3 Oct 2007

Private airport developers in Delhi, Mumbai, Hyderabad and Bangalore, say landing and parking fees account for a significant proportion of revenues, so offering these services free would be unviable.

Air India to axe more loss-making routes

Air India to axe more loss-making routes

Rediff.com16 Sep 2014

To reduce those not even meeting variable costs to 19% of network by March, from 38% five months ago.

Anil Ambani's elder son joins Reliance Capital board

Anil Ambani's elder son joins Reliance Capital board

Rediff.com23 Aug 2016

Anmol, who has a degree from Warwick Business School in the UK, has also been visiting branches and meeting employees across businesses in different regions to get exposure and detailed understanding of businesses at grass-root level in the past two years

Will IPL media rights cross a massive Rs. 20,000 crore?

Will IPL media rights cross a massive Rs. 20,000 crore?

Rediff.com2 Sep 2017

Board of Control for Cricket in India's Chief Executive Officer Rahul Johri says the revenue generation from the upcoming Indian Premier League's media rights auction could be "historic".

In defence of farm loan waivers

In defence of farm loan waivers

Rediff.com26 Dec 2018

Farm loan waivers should not be regarded as expenditure but as incentive and investment, argues B S Raghavan, the distinguished civil servant.

Lenovo buys IBM's server business at $2.3 bn

Lenovo buys IBM's server business at $2.3 bn

Rediff.com24 Jan 2014

The acquisition will allow Lenovo to diversify revenue away from the shrinking PC business.

A new Reliance: Can Mukesh Ambani pull off a transformation?

A new Reliance: Can Mukesh Ambani pull off a transformation?

Rediff.com23 Jun 2015

At the heart of one of the biggest transformations in India's corporate history lies a plan to offer super-fast broadband services.

Twitter reveals rip-roaring growth, big losses ahead of IPO

Twitter reveals rip-roaring growth, big losses ahead of IPO

Rediff.com4 Oct 2013

The eight-year-old online messaging service gave potential investors their first glance at its financials on Thursday when it publicly filed its IPO documents, setting the stage for one of the most-anticipated debuts in over a year.

All you need to know about India's new software policy

All you need to know about India's new software policy

Rediff.com8 Mar 2019

The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.

Budget: The devil is in the detail

Budget: The devil is in the detail

Rediff.com1 Mar 2016

Strategic sales are tricky and were last undertaken when the Vajpayee government was in power.

Jet Airways flies into black in Q1 on lower fuel cost

Jet Airways flies into black in Q1 on lower fuel cost

Rediff.com14 Aug 2015

Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses.

Infosys Q4 net grows 16.2% to Rs 3,597 crore

Infosys Q4 net grows 16.2% to Rs 3,597 crore

Rediff.com15 Apr 2016

Revenue rose 23.4 per cent to Rs 1,655 crore

The world's best airlines in 2017

The world's best airlines in 2017

Rediff.com12 Jul 2017

Asian and Middle Eastern airlines -- but no Indian names -- dominated the Top 10 slots at the World Airline Awards.

'High-risk remittance' data under Income Tax lens

'High-risk remittance' data under Income Tax lens

Rediff.com8 Jul 2019

The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not

Ludo or Rummy? What's your choice?

Ludo or Rummy? What's your choice?

Rediff.com29 Jul 2020

These games of skill with a large social component have managed the transition to a new online avatar.

Emami keen to spread its wings in health care

Emami keen to spread its wings in health care

Rediff.com3 Aug 2017

In the past, the firm also acquired the Zandu brand which opened up its presence in the balms business

World's 10 longest non-stop flights

World's 10 longest non-stop flights

Rediff.com14 Aug 2015

The world's 10 longest non-stop flights criss-cross the world, cutting down travel time and making journeys easier and comfortable.

Why the IT companies should be aware of the Trump factor

Why the IT companies should be aware of the Trump factor

Rediff.com25 Jul 2016

This challenge has been made a little more daunting with the addition of two new uncertainties.

After a Rs 600-cr renovation, Oberoi Delhi to open from Jan 1

After a Rs 600-cr renovation, Oberoi Delhi to open from Jan 1

Rediff.com12 Dec 2017

The hotel is equipped with new, clean air technology which promises its guests the cleanest air in the city on par with global standards.

With Jet out of the skies, will Air India now find suitors?

With Jet out of the skies, will Air India now find suitors?

Rediff.com28 May 2019

Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.