"India has ratified Radiation Protection Convention, 1960 of the International Labour Organisation (ILO) but its provisions have not been complied with. It is yet to ratify ILO's Occupational Cancer Convention, 1974 which is concerning Prevention and Control of Occupational Hazards caused by Carcinogenic Substances.
In a consultation paper issued on Tuesday, the department of industrial policy and promotion sought comments on whether FDI should be restricted to LLPs operating in sectors without any investment caps, conditionalities or entry route restrictions.
Rajasthan Cricket Association's (RCA) office and its academy were also sealed, along with the stadium.
If implemented, the central government's proposal to hike the age of retirement of its employees from 60 to 62 will defer by two years its pension liabilities of around Rs 14,749 crore (Rs 147.49 billion), according to the Invest India Economic Foundation (IIEF).
The Civil Nuclear Liability Bill is likely to come up for consideration in Parliament on Wednesday
The loss followed a massive fraud allegedly committed by Shivaraj Puri, a relationship manager at the bank's Gurgaon branch.
Maintaining that no tax liability arises from its $11 billion buyout deal with Hutchison in 2007, UK-based telecom major Vodafone today said it would continue to "vigorously" pursue the case in the Indian court.
rediffGURU T S Khurana answers readers' personal income tax queries.
Russia's global nuclear project company Atomstroyexport, which is building two 1000 MW reactors in Kudankulam, said the "complex issues" need to be addressed before firming up contracts for setting up two more atomic power plants.
The US said on Wednesday that the Indian Parliament needed to act upon the "critical" nuclear liability bill to take forward the Indo-American nuclear deal, which had reached "almost the finishing line".
For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. Amid a landscape where other banks struggled with soaring non-performing assets (NPAs), HDFC Bank thrived, eventually surpassing ICICI Bank to become the largest private sector lender in India. Its net interest margin (NIM) remained stable in the range of 4.1-4.4 per cent.
While terming the Nuclear Liability Bill as beneficial for the country's atomic power generation, the Samajwadi Party on Wednesday said it wanted the bill to be vetted by a select committee of all parties before it is introduced in Parliament as it has several loopholes.
'Tax is not required to be deducted from specified payments if a recipient files a self-declaration with the deductor for no deduction of tax.'
There is an urgent need for a Joint Parliamentary Committee to examine the current liability regime besides a high-powered trans-disciplinary independent experts committee to study the issue, says Gopal Krishna.
After agreeing with the Congress on changes in the Nuclear Liability Bill, the Bharatiya Janata Party on Thursday opposed an amendment carried out in the final report of the Standing Committee, saying it dilutes provisions relating to supplier's obligations in case of an accident. The party has made it clear that if the government does not drop its proposed amendment, which it considers as harmful, it would itself move an amendment.
rediffGURU T S Khurana answers readers' personal income tax queries
Finance Minister Pranab Mukherjee's meeting with BJP top brass L K Advani, Leader of Opposition in Lok Sabha Sushma Swaraj, her counterpart in Rajya Sabha Arun Jaitley on Tuesday ended on a positive note with both sides reaching a consensus on most issues in the draft bill.The Parliamentary Standing Committee finalised its report on Nuclear Liability Bill. The Compensation cap raised from Rs 500 crore to Rs 1,500 crore.
India, on Sunday, categorically ruled out any change in the Nuclear Liability Act as a precursor to United States President Barack Obama's maiden visit to India that begins on November 5.
The Parliamentary committee examining the controversial nuclear liability bill is expediting work to enable submission of its report to the Rajya Sabha during the monsoon session that begins on July 26.
Under the Companies Act, all the rights of at least 300,000 disqualified directors cease to have any validity.
Cyber insurance policies cover ransomware attacks and the ensuing damages, including ransom payments, data restoration costs, forensic and other first-party costs, and loss of profit due to business interruption.
It is essential to have a comprehensive motor policy, and not just a third-party cover, as the latter does not protect your own vehicle.
The United States has said that India is committed to the Nuclear Liabilities Bill and it was up to the United Progressive Alliance government to figure out how to move forward in the wake of the Opposition's objections to some aspects of the controversial legislation.The stalled bill, whose passage in Parliament is a must, is a crucial step for the full implementation of the historic Indo-US civil nuclear deal.
The passage of the Women's Reservation Bill in the Rajya Sabha on Tuesday has not ended the problems of the United Progressive Alliance (UPA).
Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.
ICICI Bank share price hits record high, ICICI Bank m-cap tops $100 billion: Shares of ICICI Bank have been on a steady uptrend, rising 30 per cent over the past one year; not far behind Axis Bank stock that surged over 34 per cent during the period. The BSE Sensex, meanwhile, is up 25 per cent, and the BSE BANKEX 22 per cent in the last one year, ACE Equity data shows. On Wednesday, June 26, ICICI Bank shares hit a fresh record high for the third consecutive day, rising 2 per cent on the BSE in the intraday trade.
According to reports, AEG Live had agreed to "self-insure" Jackson's shows after most insurance companies expressed doubt whether the frail singer would be able to complete the residency.
'It's better to be over-insured than underinsured.' 'Ensure your home insurance includes STFI (storm, tempest, flooding, and inundation) cover for protection against monsoon rains.'
The Reserve Bank of India (RBI) has identified "climate shocks" as a risk to food inflation rates and overall price rise while stating that the outlook for the country's economic growth remains bright. In its Annual Report for 2023-24, released on Thursday, the central bank said easing supply-chain pressures, broad-based softening in core inflation, and early indications of an above-normal southwest monsoon meant well for the inflation outlook in 2024-25. "The increasing incidence of climate shocks, however, imparts considerable uncertainty to the food inflation and overall inflation outlook," said the RBI while noting headline inflation moderated by 1.3 percentage points on an annual average basis to 5.4 per cent in 2023-24.
Section 54 EC, if availed properly can bring several benefits for the taxpayer.
Government officials believe that central bridge projects perform better than state projects due to stricter checks and balances.
Chairman of Parliamentary Standing Committee on Science and Technology T Subbirami Reddy on Friday voiced confidence that the report on the nuclear liability bill will be tabled in Parliament on Wednesday, despite differences among members.
Shashi Tharoor, who is eyeing a fourth consecutive win from the Thiruvananthapuram Lok Sabha seat, has declared assets of over Rs 55 crore in his nomination papers.
Switching to the UPS could be a game-changer for your retirement planning, especially if you value guaranteed benefits and higher government contributions, observes Ramalingam Kalirajan.
According to the Income Tax Act, there are two main benefits available for senior citizens. First, a higher exemption limit of Rs 1,95,000 for someone who has crossed 65 years. Also, there is a higher deduction of Rs 20,000 available for payment of premium for a medical or a health insurance policy.
In a setback to the Centre, the Supreme Court on Thursday held that states have the legislative competence to impose taxes on mines and minerals-bearing lands under the Constitution.
The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay.
The Reserve Bank of India has imposed caps on inter-bank liabilities from April 1, 2007, as several banks, particularly the smaller ones, have been borrowing heavily to tide over tight liquidity.
