News for 'Revenue Department'

Assam flood toll rises to 58, more than 23 lakh affected

Assam flood toll rises to 58, more than 23 lakh affected

Rediff.com7 Jul 2024

Dhubri is the worst-hit district, followed by Cachar and Darrang.

1 killed in Delhi income tax office blaze; officials say no data loss in fire

1 killed in Delhi income tax office blaze; officials say no data loss in fire

Rediff.com14 May 2024

According to a police officer, the fire started in the office of the Commissioner in room number 325 on the third floor of the building. He said many of the employees were outside the building as it was lunchtime, otherwise, the casualty could have been more.

'No Intention Of A Takeover in British Telecom'

'No Intention Of A Takeover in British Telecom'

Rediff.com22 Aug 2024

'We operate in 16 countries already, and therefore adding the UK to it, and beginning a chapter in the European continent is the next step.'

From electronics to semiconductor, MNCs in search of policy stability

From electronics to semiconductor, MNCs in search of policy stability

Rediff.com29 May 2023

Their favourite alternatives: Malaysia, Vietnam and the Philippines. Note, India is missing from that list. And this is despite an attractive financial incentive scheme for OSAT players. The reason, said a senior executive of a US chip company who had a meeting in Taiwan just a few weeks ago, is that "they want more predictability in government policy because they plan to put in big money."

Tech, startup groups push back against OTT licensing

Tech, startup groups push back against OTT licensing

Rediff.com20 Aug 2024

Tech and startup industry bodies have again pushed back against calls by telecom operators to bring over-the-top (OTT) services under a licensing regime similar to telcos, and open them up to taxation. Ahead of public consultations on the issue later this week, the Internet & Mobile Association of India (IAMAI), Nasscom and the US India Strategic Partnership Forum (USISPF), among others, have written to the government arguing against such efforts.

India Working on 30,000 cr Maritime Development Fund

India Working on 30,000 cr Maritime Development Fund

Rediff.com26 Sep 2024

The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.

Madras HC upholds conviction of over 200 in mass rape, atrocities case

Madras HC upholds conviction of over 200 in mass rape, atrocities case

Rediff.com29 Sep 2023

The Madras high court on Friday upheld a trial court order convicting over 200 men, including forest and police officials and sentencing them to various prison terms for atrocities committed against tribals including rape, where the victims included a minor girl and a pregnant woman.

30 flyers held for 'smuggling' flee Lucknow airport

30 flyers held for 'smuggling' flee Lucknow airport

Rediff.com4 Apr 2024

Thirty people who were detained at the Lucknow airport for allegedly smuggling gold into the country escaped after one of them pretended to fall sick and created chaos, officials said.

Telecom industry wants govt to junk USOF, slash duties

Telecom industry wants govt to junk USOF, slash duties

Rediff.com27 Jan 2024

Telecom services providers have urged the Ministry of Finance to suspend the universal service obligation (USOF) till the existing corpus is exhausted. In their Budget recommendations, they have also pressed for an exemption from the service tax on "assignment of right to use natural resources" and the slashing of Customs duty on telecom equipment to zero. The Cellular Operators Association of India (Coai), which represents private sector telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea, called for abolishment of USOF levy.

MSRTC strike disrupts Ganesh festival travel statewide

MSRTC strike disrupts Ganesh festival travel statewide

Rediff.com4 Sep 2024

The employees are demanding salary parity with state government employees, seeking a pay scale adjustment to match that of their counterparts in the state sector.

10 dead, over dozen ill after consuming illicit liquor in TN

10 dead, over dozen ill after consuming illicit liquor in TN

Rediff.com19 Jun 2024

Chief Minister M K Stalin has ordered a CB-CID probe to ensure comprehensive investigation and the government transferred Kallakurichi District Collector Sravan Kumar Jatavath and Superintendent of Police Samay Singh Meena was suspended, a statement said.

GST Council may take up e-game tax in December meet

GST Council may take up e-game tax in December meet

Rediff.com22 Oct 2022

It will also be new Revenue Secretary Sanjay Malhotra's first GST Council meeting. He will take charge after the incumbent Tarun Bajaj retires on November 30.

Free Divestment From Finance Ministry

Free Divestment From Finance Ministry

Rediff.com21 Mar 2024

The new government that presents the full Budget for 2024-2025 in July should be ready to restructure the way divestment is managed and implemented, proposes A K Bhattacharya.

Thinkfest: Revenue dept looking into tax paymt by event mgmt co

Thinkfest: Revenue dept looking into tax paymt by event mgmt co

Rediff.com29 Nov 2013

The Central revenue department is inquiring into the payment of service tax by the event management firm which had organised the controversial Thinkfest on behalf of the Tehelka magazine.

ED attaches Rs 31-cr worth land 'belonging' to Soren

ED attaches Rs 31-cr worth land 'belonging' to Soren

Rediff.com5 Apr 2024

The Enforcement Directorate (ED) has attached 8.86 acres of land in Ranchi allegedly owned by former Jharkhand chief minister Hemant Soren as part of a money laundering investigation against him and his associates, the federal agency said on Thursday.

Over 400 top-level posts lie vacant in the Income Tax department

Over 400 top-level posts lie vacant in the Income Tax department

Rediff.com21 Jul 2021

Amid economic uncertainties owing to the pandemic, the government's key revenue agency, the Income Tax Department, has close to 400 vacancies at commissioner level and above, affecting its functioning. Seventy-three of the 91 chief commissioner positions are lying vacant, with some for more than a year. Chief commissioner is the second-highest post in the department, below principal chief commissioner, which is at par with secretary in a ministry.

All govt departments to make 'savage cuts' in expenses

All govt departments to make 'savage cuts' in expenses

Rediff.com9 Apr 2020

Days after cutting the salaries and other allowances of MPs and ministers, the government has passed instructions to all departments to reduce their expenditure by as much as 60 per cent from their first-quarter spending plans.

Violating Delhi cracker ban may invite 6-yr jail: Gopal Rai

Violating Delhi cracker ban may invite 6-yr jail: Gopal Rai

Rediff.com9 Nov 2020

The Delhi Pollution Control Committee (DPCC) also issued guidelines for implementation of the ban on firecrackers, which included directions to the Delhi Police to register a first information report against the violators of the ban.

M&M's stock races ahead on strong Q4 performance, outlook healthy

M&M's stock races ahead on strong Q4 performance, outlook healthy

Rediff.com25 May 2024

Mahindra & Mahindra (M&M) reported very strong results for the January-March quarter of the last financial year (Q4FY24), beating consensus comfortably. The margins of the automobile business improved 170 basis points (bps) year-on-year (Y-o-Y) to 8.8 per cent, while FES (Farm Equipment Sector) margins improved to 15.8 per cent (up 60 bps Y-o-Y), despite a decline in volumes due to cost optimisation and lower raw material costs.

Kejriwal resigns, Atishi set to be next Delhi CM

Kejriwal resigns, Atishi set to be next Delhi CM

Rediff.com17 Sep 2024

The Aam Aadmi Party led by its chief minister designate Atishi staked claim to form a new government in Delhi on Tuesday shortly after Arvind Kejriwal resigned from the post, an effort seen as a bold gambit to seize the initiative ahead of assembly elections due in five months.

DDA stops demolition drive in Mehrauli; HC orders status quo till Feb 16

DDA stops demolition drive in Mehrauli; HC orders status quo till Feb 16

Rediff.com14 Feb 2023

The high court further asked the Delhi Development Authority to state its stand on a batch of petitions challenging the action and also seeking a bar on the demolition till a fresh "demarcation report" is prepared.

Ban on single-use plastic kicks in from July 1

Ban on single-use plastic kicks in from July 1

Rediff.com30 Jun 2022

Violation of the ban will invite punitive action, including a fine or a jail term or both, detailed under Section 15 of the Environment Protection Act (EPA) and under bylaws of respective municipal corporations, they said. For effective enforcement of the ban, national and state-level control rooms have been set up and special enforcement teams formed to check illegal manufacture, import, stocking, distribution, sale and use of banned SUP items, officials in the ministry said.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

Over 24 prominent charitable institutions in India may face tax scrutiny

Over 24 prominent charitable institutions in India may face tax scrutiny

Rediff.com31 Oct 2022

More than 24 prominent charitable institutions in the country - from private trusts, educational societies, statutory authorities, and cricket associations - may soon face tax scrutiny after a Supreme Court (SC) ruling set the limits to which tax exemption can be claimed. Most of these are highly profitable but get tax exemption due to their 'charitable organisation' status. The revenue department is preparing a standard operating procedure to scrutinise their books and evaluate if they can continue to claim tax exemption in the context of the recent SC ruling

Wayanad rescuers use GPS, drone pictures to find survivors

Wayanad rescuers use GPS, drone pictures to find survivors

Rediff.com2 Aug 2024

Rescue teams on Friday used GPS coordinates from aerial drone pictures and cell phones, including the last location of people who lived in the landslides-hit areas of Wayanad to help locate survivors, amidst accelerated search operations after the completion of the 190-foot-long Bailey bridge by the Army.

Anti-encroachment drive intensified in Kashmir

Anti-encroachment drive intensified in Kashmir

Rediff.com4 Feb 2023

The anti-encroachment drive by Jammu and Kashmir administration intensified on Saturday as the land illegally occupied by 'influential persons' was retrieved at many places in the valley, officials said.

Infosys gets Rs 341 crore tax demand for assessment year 2020-21

Infosys gets Rs 341 crore tax demand for assessment year 2020-21

Rediff.com1 Apr 2024

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order. The Bengaluru-headquartered company said it is in the process of evaluating the impact of the order on its financial statements for the quarter and year ending March 31, 2024. Infosys also said it is evaluating filing an appeal against this order.

'Aim to reach 1 billion tonnes coal output by FY 2027'

'Aim to reach 1 billion tonnes coal output by FY 2027'

Rediff.com21 Jul 2024

'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'

Tax Sops Coming In Interim Budget!

Tax Sops Coming In Interim Budget!

Rediff.com23 Jan 2024

To offer additional support at the low end of the income ranges, the Centre will consider a large-scale jump in exemption rates under the old income-tax regime in the vote on account, or interim Budget, according to a senior official in the know. Those will include an extension of the income tax exemption rates close to Rs 7 lakh and additional measures for women farmers.

Bihar govt transfers over 100 bureaucrats amid political turmoil

Bihar govt transfers over 100 bureaucrats amid political turmoil

Rediff.com27 Jan 2024

The transferred officers included 22 IAS, 79 IPS, 45 Bihar Administrative Service officers

Kejriwal to step down as CM, face 'agnipariksha' of polls

Kejriwal to step down as CM, face 'agnipariksha' of polls

Rediff.com15 Sep 2024

Delhi Chief Minister Arvind Kejriwal announced on Sunday that he would resign after two days and sought early polls in the national capital while vowing not to sit in the chief minister's chair till people give him a 'certificate of honesty'.

Govt seeks to allay concern over 'retaliatory' duty cut on US apples

Govt seeks to allay concern over 'retaliatory' duty cut on US apples

Rediff.com20 Sep 2023

India's recent move to remove additional 'retaliatory' duty on eight products from the United States (US), including apples and walnuts, would not have any negative impact on the domestic producers, the government clarified, even as the issue threatened to snowball into a political slugfest between the ruling and Opposition parties. The move would, in fact, result in competition in the premium market segment, ensuring better quality at better prices for consumers, especially for apples, a senior government official said. "There were certain concerns that were being raised on the mutually agreed solution that has come in, more specific to seven-eight agriculture products where we had levied additional import duties in retaliation to the steel and aluminum measures (imposed by the US)," Peeyush Kumar, additional secretary in the commerce department, told reporters in a briefing.

What's taking the sheen off Sivakasi's firecracker sales?

What's taking the sheen off Sivakasi's firecracker sales?

Rediff.com30 Oct 2023

A complete ban on firecrackers in Delhi until January 1, the government's refusal to grant licences for sales in Karnataka, and restrictions in the Noida region are adversely affecting the business of manufacturers in Tamil Nadu's Sivakasi, which produces over 90 per cent of India's fireworks. According to industry players, demand has decreased by 20 per cent compared to last year. Moreover, the ban on the use of barium nitrate and the manufacturing and sale of joint fireworks is also impacting demand.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

Assam demolishes houses of 3 rape accused, 2 others over encroachment

Assam demolishes houses of 3 rape accused, 2 others over encroachment

Rediff.com30 Jun 2024

According to a senior official of the district administration, the occupants had built their houses on government land in Tangabari village under the Dudhnoi revenue circle limits and notices to clear those structures were served to them.

High drama as Himachal ministers storm out of cabinet meet

High drama as Himachal ministers storm out of cabinet meet

Rediff.com2 Mar 2024

High drama was witnessed during the Himachal Pradesh Cabinet meeting on Saturday with ministers Jagat Negi and Rohit Thakur leaving midway following a 'heated debate' over policy decisions, sources said.

FM replaces revenue secretary

FM replaces revenue secretary

Rediff.com6 Aug 2012

R S Gujral shifted after controversial taxation proposals during his tenure

Young Taxpayers Prefer New Tax Regime

Young Taxpayers Prefer New Tax Regime

Rediff.com31 Aug 2023

'Most young taxpayers prefer income tax filing to be flexible yet straightforward.'

Ban on single-use plastic items kicks in

Ban on single-use plastic items kicks in

Rediff.com1 Jul 2022

The ban on certain single-use plastic (SUP) items kicks in from Friday, with state governments initiating an enforcement campaign to identify and close down units engaging in production, distribution, stocking and sale of such items, officials said. Though several manufacturers have said they are not prepared to implement the ban due to a lack of alternatives, Union Environment Minister Bhupender Yadav had on Tuesday said the government had given enough time to the industry and the general public to prepare for the ban on SUP items and it hopes for everyone's cooperation in implementing it from July 1. Violation of the ban will invite punitive action, including a fine or a jail term or both, detailed under Section 15 of the Environment Protection Act (EPA) and under bylaws of respective municipal corporations, officials in the Union environment ministry said.

FinMin willing to discuss Vodafone tax case

FinMin willing to discuss Vodafone tax case

Rediff.com11 Jan 2013

In its reply to the tax reminder notice sent by the revenue department last week, Vodafone had said it believes it is not liable to pay tax for its $11.2 billion acquisition of Indian telecom business of Hutchison Whampoa.