Labour Ministry has justified EPFO's declaring 9.5 per cent interest for 2010-11.
The actor had earlier taken to Twitter on Sunday to share his "platinum certificate" from the ministry for filing his tax returns for the year 2019-2020 to refute rumours.
Finance ministry sources have countered CAG audit finding of central government wrongly retaining Rs 47,272 crore of GST compensation cess meant for states, saying temporary retention cannot be termed as diversion.
Nationalist Congress Party leader Ajit Pawar on Monday said he was not unhappy with his party, nor had it neglected him.
The first notice in the transaction relating to the sale of 67 per cent stake of Hutchison Essar Ltd was issued on March 15, 2007, under section 133(6) of the Income Tax Act.
"Delays, if any, in issuance of PAN cards take place usually due to incomplete documentation by applicants," Central Board of Direct Taxes (CBDT) spokesman Shishir Jha said reacting to a story which appeared in a Delhi newspaper that suggested such decline in FII investments was due to delays in issuing PAN cards.
NCP president Sharad Pawar on Thursday said the fate of the Maha Vikas Aghadi government in Maharashtra will be decided on the floor of the Legislative Assembly, and the Shiv Sena-NCP-Congress coalition will prove its majority in a trust vote.
A cut in rates would have encouraged the banks to lend aggressively on the retail front.
The Delhi and District Cricket Association again strongly refuted the AAP's allegations of financial bungling by its former chief, Finance Minister Arun Jaitley, saying the charges are completely baseless and without substance.
The banks argue since the scale of credits is unforeseen, they will have to bear an unknown cost of servicing these accounts.
US Secretary of State John Kerry has not issued any certificate to the Congress on the progress made by Pakistan in taking action against terrorist groups, his spokesperson has said.
Both Corporate Affairs and Finance Ministries are studying the feasibility of implementing the FMC's proposals.
The Panama Paper leaks were originally revealed by the International Consortium of Investigative Journalists on April 4, 2016, following which, the government had set up the MAG to probe the matter.
On February 19, India's largest private low-fare airline IndiGo announced the resignation of one of the two founders, Rakesh Gangwal, from the airline's board and his intentions of offloading his stake in the airline over the next five years. The announcement came on a Friday, giving the stock markets the weekend to absorb the news but the markets registered a tepid response on Monday's opening. In contrast, in July 2019, when the fight between the two founders and erstwhile friends first became public, the markets reacted savagely. The IndiGo scrip at the time fell 19 per cent, wiping out millions of rupees of shareholder wealth before bouncing back. For readers who may be hazy on the details of the dispute, here is the context.
The government is keeping a "close watch" on the developments relating to the Tata-Mistry case, but does not want to "interfere" at present as it was an "internal matter" of a private group, Ministry of State for Corporate Affairs Arjun Ram Meghwal has said.
Amid frequent face offs between the government and opposition, Finance Minister Arun Jaitley on Wednesday said political discourse in the country has become "more vulgar".
It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.
Chidambaram said it was a 'despicable slur' on the six secretaries of the government.
The Prime Minister's Office had raised concerns over the bilateral air services agreement (ASA) signed between India and Abu Dhabi earlier this year, raising the number of flights from 13,700 to 50,000 each week.
Khan's visit evoked considerable interest in Beijing as it comes in the wake of his past criticism of the USD 50 billion China-Pakistan Economic Corridor projects and remarks by his ministers to cut down some of the projects over debt concern.
According to SFIO, the modus operandi of the Reebok fraud involved filing fictitious invoices to show inflated sales, recording fictitious sales by raising prices of goods sold.
Former Finance Minister P Chidambaram on Monday said the high growth that Indian economy has logged in the first quarter of the current fiscal was on account of the UPA policies and the new government must give it the due credit.
At the time of bidding, Amit Bahadur had Rs 4,840 in his bank account.
Khan on Saturday launched a barrage of counter allegations saying the other voice in the sting operation CD is that of Delhi government's Minority Finance Commission chief Shakil Malik.
Opposition parties in Parliament on Monday vociferously protested the "snooping" on Rahul Gandhi, with the government dismissing their contention saying they were making a "mountain out of what is not even a molehill", leading the Congress to walk out of Rajya Sabha.
The former minister has alleged a motivated campaign against her in the party.
A tussle between the Delhi government and the Lt Governor has left bureaucrats vulnerable to sudden transfers.
'We will continue to ask why Modi and his government were benefactors to this AgustaWestland company, why within 40 days they overturned the ban?'
Yale University has issued a statement saying that Human Resource Development Minister Smriti Irani attended a weeklong programme and received a certificate from the university last year, along with several other lawmakers from India. George Joseph/Rediff.com reports from New York
A look at few gurus who have attracted controversy in recent times.
Formidable challenges including funds for the farm loan-waiver, and law and order stare him at his face, with the opposition claiming the misses have outnumbered the hits.
A look at few gurus who have attracted controversy in recent times.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
The controversy over Sant Rampal and his army of followers taking the law into their hands has once again thrown the spotlight on the clout that India's godmen possess.
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