News for 'Revenue Department'

Cyclone Dana: Crops on 1.75L acre damaged in Odisha, says govt

Cyclone Dana: Crops on 1.75L acre damaged in Odisha, says govt

Rediff.com26 Oct 2024

The state government has directed a joint assessment of crop loss due to the cyclone by officials of the agriculture and revenue departments, he said.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

'Ample Room For New Entrants In Equity Exchange'

'Ample Room For New Entrants In Equity Exchange'

Rediff.com31 Aug 2025

'Market momentum and investor interest are at unprecedented levels, making this the opportune moment.'

Bharti Space to invest $36 million in French satellite major Eutelsat

Bharti Space to invest $36 million in French satellite major Eutelsat

Rediff.com21 Jun 2025

As part of a plan to refinance debt and expand its upcoming constellation of satellites, French satellite major Eutelsat Communications will raise euro 1.35 billion, or $1.55 billion, through a reserved capital increase and a rights issue, the company announced on Friday. Bharti Enterprises' space venture, Bharti Space Ltd, will invest euro 31.4 million, or $36 million, in the capital raise.

The Real Reason For The TCS Layoffs

The Real Reason For The TCS Layoffs

Rediff.com5 Aug 2025

While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.

Waqf land row: Karnataka withdraws notices to farmers

Waqf land row: Karnataka withdraws notices to farmers

Rediff.com2 Nov 2024

Karnataka Chief Minister Siddaramaiah directed officials on Saturday to immediately retract all notices sent to farmers regarding Waqf land.

Monsoon Mayhem Forces Change In Travel Plans

Monsoon Mayhem Forces Change In Travel Plans

Rediff.com29 Aug 2025

Strong demand for cultural and spiritual hubs is expected for destinations like Varanasi, Kolkata during Durga Puja, and Pushkar for the camel fair, besides leisure destinations like Goa, Udaipur, Jaipur and Coorg.

'I Needed To Follow My Karma'

'I Needed To Follow My Karma'

Rediff.com25 Jun 2025

'Once bitten, twice shy, I didn't take up the challenge this time...' 'I realised I had failed to follow my karma because I feared failure.'

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Bihar's Liquor Ban Faces Heat Ahead Of Elections

Rediff.com11 Jun 2025

As the election nears, political positions on prohibition are shifting.

Waqf row: Karnataka govt warns officials issuing notices to farmers

Waqf row: Karnataka govt warns officials issuing notices to farmers

Rediff.com10 Nov 2024

The Karnataka government has warned that disciplinary action will be taken against those officials who change the land mutation records and serve eviction notices to farmers under the Waqf Act.

Budget: Tax Treat For Salaried Class?

Budget: Tax Treat For Salaried Class?

Rediff.com28 Jun 2024

Amid the Budget preparation, the revenue department is assessing the feasibility of further adjustments to maximise benefits for salaried individuals.

Gandhi Called Him 'Father Of The Nation'

Gandhi Called Him 'Father Of The Nation'

Rediff.com5 Sep 2025

On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.

5-year-old injured in yet another wolf attack in UP

5-year-old injured in yet another wolf attack in UP

Rediff.com3 Sep 2024

According to the locals, Afsana was sleeping in her house in Pandohia village when a wolf attacked her and the marks of the animal's teeth were visible on her neck.

Himachal: 2 brothers marry same woman as per tribal tradition

Himachal: 2 brothers marry same woman as per tribal tradition

Rediff.com20 Jul 2025

Two brothers from the Hatti tribe in Himachal Pradesh married one woman in a traditional polyandry ceremony, a practice still observed in some tribal communities to preserve land and family unity.

Landslides, heavy rains kill 5 in Himachal; 1200 roads closed

Landslides, heavy rains kill 5 in Himachal; 1200 roads closed

Rediff.com1 Sep 2025

Heavy rains and landslides in Himachal Pradesh have resulted in multiple fatalities and widespread disruption, including road closures and train cancellations.

Elon Musk's Starlink gets satcom nod for India

Elon Musk's Starlink gets satcom nod for India

Rediff.com6 Jun 2025

Elon Musk's Starlink has got licence for satcom services in India, according to sources.

Revenue dept plans to plug capital gains tax leakage

Revenue dept plans to plug capital gains tax leakage

Rediff.com9 Aug 2022

Having observed variations in capital gains tax computation, the revenue department is working on a mechanism to analyse futures and options (F&O) trade data and pre-initial public offering (IPO) transactions. "The directorate of I-T systems is working on certain risk-assessment parameters to access the data, which could be on the basis of buying and selling prices of shares in F&Os, variations in margins, fair market value versus IPO prices, etc. "The idea is to segregate and process the voluminous data on equity derivatives for effective use," said a senior government official privy to the plan.

Mumbai SGNP's toy train gets Vistadome makeover, to chug again after 4 yrs

Mumbai SGNP's toy train gets Vistadome makeover, to chug again after 4 yrs

Rediff.com27 Jul 2025

One of the key attractions of the park, which houses a wide array of plant, animal and bird species besides ancient caves, the revamped toy train is set to provide an elating and exciting experience to visitors, especially children.

Tata Sons may have to bail out Tata Tele

Tata Sons may have to bail out Tata Tele

Rediff.com22 May 2025

Tata Sons Ltd, the holding company of the $150 billion Tata group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices Ltd (TTSL). This is because TTSL has to pay Rs 19,256 crore adjusted gross revenue (AGR) along with other dues to the central government by March 2026.

After FIR, Himachal minister calls NHAI officials 'most corrupt'

After FIR, Himachal minister calls NHAI officials 'most corrupt'

Rediff.com2 Jul 2025

Singh said that about 150 people including women and forest, revenue and other officials were present at the time of the incident, and if the officials were assaulted, "why are there no eyewitnesses".

Handbags, wrist watches, other luxury items above Rs 10 lakh to attract 1% TCS

Handbags, wrist watches, other luxury items above Rs 10 lakh to attract 1% TCS

Rediff.com23 Apr 2025

Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1 per cent Tax Collected at Source (TCS), as per a notification issued by the Income Tax department. TCS at 1 per cent rate is currently being levied on motor vehicles costing above Rs 10 lakh effective January 1, 2025.

GST mop-up rises 12% to Rs 1.96 lakh cr in January

GST mop-up rises 12% to Rs 1.96 lakh cr in January

Rediff.com1 Feb 2025

Gross GST revenue rose 12.3 per cent to Rs 1.96 lakh crore in January on higher domestic economic activity, government data showed on Saturday. This includes 10.4 per cent growth in revenue from sale of goods and services domestically at Rs 1.47 lakh crore and 19.8 per cent rise in tax revenue from imported goods at Rs 48,382 crore.

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

Revamped SEZ law unlikely before the upcoming Lok Sabha elections

Rediff.com24 Feb 2024

The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said. The commerce department had sought the Union Cabinet's nod to bring amendments to the existing SEZ Act, 2005 late last year. The plan, thereafter, was to introduce the Bill in the winter session of Parliament. Cabinet's approval remains pending.

Adani commits $15-20 bn annual capex for 5 years

Adani commits $15-20 bn annual capex for 5 years

Rediff.com31 May 2025

Adani Group chairman Gautam Adani has reaffirmed Adani Enterprises' ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years. "Our capital investment across businesses is set to break all records.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Can Airtel convert AGR dues into govt equity?

Can Airtel convert AGR dues into govt equity?

Rediff.com15 May 2025

Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department of Telecommunications (DoT) to confirm whether it could do so. "On the adjusted gross revenue (AGR) conversion, it was simple.

India Needs More Minds Like Suhas & Anjan

India Needs More Minds Like Suhas & Anjan

Rediff.com10 Jul 2025

These are 'hidden champions' of strategic research and innovation. They are worthy of emulation within Indian industry, and maybe even a Padma!, notes R Gopalakrishnan.

Worm-infested food kits given to Wayanad landslide survivors?

Worm-infested food kits given to Wayanad landslide survivors?

Rediff.com7 Nov 2024

Survivors of the landslides in Chooralmala-Mundakai in Wayanad district alleged on Thursday that they were given worm-infested food kits by the Meppadi Gram Panchayat, leading to a violent protest by the Democratic Youth Federation of India (DYFI) on Thursday.

Maha govt allots plot reclaimed from Gavaskar to Rahane

Maha govt allots plot reclaimed from Gavaskar to Rahane

Rediff.com23 Sep 2024

This plot, allotted to Sunil Gavaskar Cricket Foundation Trust, was returned to the state government by the cricket legend in May 2022.

Red alert in many states as monsoon covers India; 2 killed U'khand

Red alert in many states as monsoon covers India; 2 killed U'khand

Rediff.com29 Jun 2025

The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel.

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

Why Vacation Costs Are On The Rise

Why Vacation Costs Are On The Rise

Rediff.com8 Jul 2025

The primary drivers: Geopolitical disruptions inflating fuel and operational costs, and a surge in travel demand.

Govt likely to tweak SEZ rules for better land use

Govt likely to tweak SEZ rules for better land use

Rediff.com4 May 2023

With the fate of the Development Enterprise and Services Hub (DESH) Bill in limbo, the commerce department is working towards tweaking some rules under the existing special economic zone (SEZ) law to allow use of unutilised spaces in IT/ITES for non-SEZ purposes. The move, when implemented, will free-up the land area that is not in demand through partial de-notification of certain floors or buildings, thereby allowing easier exit. "The department of commerce is discussing the matter with the revenue department before making changes in the Special Economic Zone Act, 2005," a person aware of the matter

Outlook gloomy for corporate share in direct tax mopup

Outlook gloomy for corporate share in direct tax mopup

Rediff.com19 Apr 2025

Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net direct tax collections as of March 16, compared to 48.1 per cent on the same date in 2023-24 (FY24).

Heavy rains, strong winds in Kerala as monsoon arrives early

Heavy rains, strong winds in Kerala as monsoon arrives early

Rediff.com24 May 2025

Normally, the southwest monsoon makes its onset over Kerala by June 1 and covers the entire country by July 8. It starts retreating from northwest India around September 17 and withdraws completely by October 15.

Officers with Ardh Kumbh experience to handle Maha Kumbh post stampede

Officers with Ardh Kumbh experience to handle Maha Kumbh post stampede

Rediff.com1 Feb 2025

The Uttar Pradesh government has deployed two senior IAS officers, who were part of the team that successfully conducted the 2019 Ardh Kumbh, to oversee the smooth conduct of the Maha Kumbh Mela in the wake of the recent stampede that left at least 30 pilgrims dead. The officers, Ashish Goyal and Bhanu Chandra Goswami, have extensive experience in administration in Prayagraj, including crowd management and inter-agency coordination. They will join Mela Adhikari Vijay Kiran Anand, forming a trio that was part of the mega fair six years ago. The government has also deployed additional senior police officers to strengthen security and crowd management ahead of Basant Panchami, one of the key bathing days of the festival, on February 3.

'All India Radio Is No Underdog'

'All India Radio Is No Underdog'

Rediff.com13 Aug 2025

'The largest listenership for Vividh Bharati outside the country is in Spain.' 'The labourers who go there for the tomato-picking season feel cut off from their country and listen to Vividh Bharati to overcome their loneliness.'

Delhi govt reshuffle: Atishi gets finance, revenue; now holds 12 portfolios

Delhi govt reshuffle: Atishi gets finance, revenue; now holds 12 portfolios

Rediff.com30 Jun 2023

Atishi along with Saurabh Bharadwaj was inducted into the cabinet following the resignation of Manish Sisodia and Satyendar Jain after their arrest.

Govt fixes revenue target at Rs 9 lakh crore

Govt fixes revenue target at Rs 9 lakh crore

Rediff.com13 Apr 2011

The government has set a revenue target of Rs 9 lakh crore during the current financial year, a top official said.