Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
The Income-Tax (I-T) Department has detected widespread tax evasion involving cryptocurrencies and, according to media reports, has issued emails to thousands of defaulting taxpayers seeking transaction details. Investors must understand the tax rules governing crypto assets and respond promptly to these emails.
Deductions missed in Form 16 can still be claimed while filing ITR.
The National Investigation Agency (NIA) on Wednesday took over the probe into the seizure of 2,988 kg narcotic at the Mundra port in Gujarat, an official said.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
India's list of top harbours/ports, is dynamic and changing all the time. It is based on their capacity to handle cargo, as per the most up-to-date listing available from Indian shipping marketplace, Freight Mango.
'Trump does have a master plan in mind to put pressure on India with the additional tariff of 25 per cent to get Modi to persuade Russian President Vladimir Putin to freeze the Ukraine war.' 'It has not worked so far. By end-September only we'll know for sure the future trajectory of India's oil purchases from Russia,' observes Ambassador M K Bhadrakumar.
These four, including two Afghanistan nationals, were among the nine accused who were remanded in custody till March 29 by Special Judge Shubhada Baxi.
The conglomerate, which has received environmental clearance for the project, plans to invest around Rs 1,500 crore in it.
Green signal from Jaitley; CVC okays Hemant Contractor for head of PFRDA
Mundra fills the vacancy created by the retirement of KC Chakrabarty in April, two months before his five-year tenure was come to an end.
These fashion-forward youngsters are redefining style.
By refusing permission for the proposed ship-breaking facility, India can send a categorical message to the foreign ship owning countries that they should keep their own waste and recycle
The Adani Group's Mundra Port plans to raise $400 million from its initial public offering for expansion of facilities.
Investigation revealed that Kumbhar worked as an ISI agent and transferred Rs 5,000 through Paytm in the account of one Rizwan which was further handed over to the main accused Rashid.
At Rs 1.196 per unit, power tariff reaches new bottom.
Former MLA Zeeshan Siddique has named several builders and politicians in his statement to police, alleging their involvement in the murder of his father and NCP leader Baba Siddique. Zeeshan claims that developers were in frequent contact with his father regarding redevelopment projects and that one builder used abusive language towards his father during a meeting. He also alleges a false case was registered against him for opposing a redevelopment project. This information is part of a 4,500-page chargesheet filed by police in connection with Baba Siddique's murder.
Maruti Suzuki's next offering, the A-Star, a premium hatchback car, will be the first vehicle to be exported from the company's car terminal at Mundra Port, which is expected to be operational by December 2008. A joint venture between Maruti Suzuki and Mundra Port and Special Economic Zone (MPSEZ), the terminal is being set up with an investment of Rs 100 crore (Rs 1 billion).
The US govt has urged the Supreme Court to reverse a lower court order on the Tata Mundra Power Plant in Gujarat funded by a financial wing of the World Bank
The Environment Ministry on Thursday issued a show cause notice to Mundra Port & SEZ Limited, a private port and special economic zone being developed on the west coast of the country, for alleged violation of the provisions of the Coastal Regulation Zone Notification.
The villagers, led by Budha Ismail Jam, along with several other farmers and fishermen, allege that coal-fired Tata Mundra Power Plant in Tunda village in Kutch district, has resulted in widespread environmental damages.
Regulator sets up panel to work out compensatory rates in a month; stocks of all power firms light up
The consignment was imported by a trading company registered in Vijaywada in Andhra Pradesh.
Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).
Gautam Adani had in the late 1970s applied to join a Mumbai college for education, but the college rejected his application. He did not pursue education but turned to business and went on to build a $220 billion empire. About four-and-a-half decades later, he gets called to the same college to deliver a lecture to students on Teachers Day. Adani had moved to Mumbai at the age of 16 and started working as a diamond sorter.
Om Puri and Anant Mahadevan pay tribute to filmmaker Jagmohan Mundra.
The leader of the opposition in the Gujarat Assembly Shankarsinh Vaghela on Wednesday alleged that Gujarat government, when Narendra Modi was chief minister here, had favoured billionaire Gautam Adani promoted Adani Group to set up private port at Mundra.
This decision will come as a relief to Essar's multi-product port-based SEZ project in Hazira as well as of Adani Group's zone in Mundra, which the revenue department felt was not built on vacant land when it was notified, and hence it had violated the law. Both the zones are in Gujarat.
Shares in one of India's few privately owned deepwater ports will start trading on Tuesday after an initial public offering valuing the equity of Mundra Port & Special Economic Zone at about $4.5 billion.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.
The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.
India Gas Solutions Pvt Ltd -- the equal joint venture between the Mukesh Ambani-led firm and Europe's second largest oil firm - is among the three companies shortlisted by Gujarat government for giving out 25 per cent stake in the Mundra terminal.
The state-run Hindustan Petroleum Corporation Ltd has proposed to lay a Rs 1,300 crore (Rs 13 billion) pipeline from Mundra in Gujarat to Delhi for transporting petroleum products to northern India.
The fire on a merchant vessel off the Karwar coast has been brought under control after more than 24 hours but one of the ship's 21 crew members was missing, the Indian Coast Guard (ICG) said on Saturday.
BP and Reliance Industries Ltd are leading the race to pick up a 25 per cent stake in Gujarat State Petronet Corporation and the Adani group's five million tonnes per annum liquefied natural gas terminal at Mundra.
Even as rains abated in most parts of Gujarat on Friday morning, several towns and villages witnessed water logging due to swollen rivers, officials said.
Reserve Bank has almost finalised the structure of Central Fraud Registry.
Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to $50 billion over the next 10 years in setting up a fully integrated green hydrogen ecosystem in India. This includes the production of 1 million tonne of green hydrogen in the initial phase which will be ramped up to 3 million tonne later.
