News for 'Revenue Department'

Alleged tax evasion: Rs 5cr demand notice on Ramdev trusts

Alleged tax evasion: Rs 5cr demand notice on Ramdev trusts

Rediff.com11 Nov 2012

The government has slapped a notice of Rs 5 crore demand on trusts run by Ramdev in connection with alleged service tax evasion while organising their yoga camps.

Monsoon claims 3 in Kerala, displaces thousands; red alert in 2 districts

Monsoon claims 3 in Kerala, displaces thousands; red alert in 2 districts

Rediff.com7 Jul 2023

A red alert indicates heavy to extremely heavy rains of over 20 cm in 24 hours, while an orange alert means very heavy rains of 6 cm to 20 cm of rain.

Govt depts to come under tax scanner

Govt depts to come under tax scanner

Rediff.com22 Jun 2006

DK Shivakumar, Congress's go-to man in times of crises

DK Shivakumar, Congress's go-to man in times of crises

Rediff.com13 May 2023

Teary-eyed Congress leader D K Shivakumar on Saturday briefly belied the combative force he is for the Congress party, not just in the just concluded 2023 assembly polls, but on several crucial occasions in the past when his party needed him.

Byju's sacks 1,000 more; count jumps to 3,500

Byju's sacks 1,000 more; count jumps to 3,500

Rediff.com20 Jun 2023

India's largest edtech firm Byju's will fire 1,000 employees in a fresh round of layoffs across departments. With the latest round, total job cuts at the company have mounted to around 3,500. According to sources, fresh job cuts are an attempt by the company to improve its finances and work towards a path to profitability.

FinMin cracks whip on tax officers

FinMin cracks whip on tax officers

Rediff.com6 May 2016

The action has been taken against officials harassing tax assesses.

No Ganesh festival at Bengaluru Idgah ground, rules SC, orders status quo

No Ganesh festival at Bengaluru Idgah ground, rules SC, orders status quo

Rediff.com30 Aug 2022

Ganesh Chaturthi celebrations will not be held at Bengaluru's Idgah Maidan, the Supreme Court said on Tuesday while refusing to grant permission for the function and ordered status quo on the plot by both parties. Noting that no such function as Ganesh Chaturthi was organised at Idgah Maidan for the past 200 years, the top court asked the parties to approach the Karnataka high court for the resolution of the dispute.

Positive list in service tax could return

Positive list in service tax could return

Rediff.com2 Oct 2012

A positive list for taxation of services might be back, though only for accounting purposes.

PM Modi trains guns on benami properties

PM Modi trains guns on benami properties

Rediff.com4 May 2017

Underlines need to reduce human interface; wants tax e-assessment in more cities

FM hopeful of meeting indirect tax target

FM hopeful of meeting indirect tax target

Rediff.com23 Feb 2012

He, however, acknowledged the need for further efforts from the revenue department.

Govt set to overshoot FY22 tax collection target

Govt set to overshoot FY22 tax collection target

Rediff.com23 Jul 2021

With the first quarter gross tax mop-up reaching Rs 5.6 lakh crore, Icra Ratings on Friday said the government is set to exceed the budgeted tax collection target of Rs 22.2 lakh crore for 2021-22, led by indirect taxes. The government has budgeted a modest 9.5 per cent growth in tax collections at Rs 22.2 lakh crore for FY22, over FY21 collections of Rs 20.2 lakh crore. However, despite the second wave of the pandemic, the April-June quarter tax collections rose to Rs 5.6 lakh crore, which is 39 per cent higher than Q1 of FY20.

NCP leader Khadse's son-in-law out on bail in money-laundering case

NCP leader Khadse's son-in-law out on bail in money-laundering case

Rediff.com25 Jul 2023

Chaudhari was released from Arthur Road Jail in central Mumbai after completion of formalities, including furnishing of a cash bail of Rs 1 lakh, his lawyer Mohan Tekavde said.

Narayan Rane pleads innocence in Adarsh scam

Narayan Rane pleads innocence in Adarsh scam

Rediff.com3 Aug 2011

Maharashtra Industries Minister and Congress leader Narayan Rane on Wednesday claimed that had not taken any decision regarding the controversial Adarsh Housing Society during his tenure as the chief minister. Making a suo-motu statement in the Legislative Assembly in Mumbai, Rane said an application regarding the proposed society had come to him on September 21, 1999. He said he forwarded the application to the revenue department with the remark "submit a report immediately"

Cyclone Mandous brings rainfall before hitting TN coast

Cyclone Mandous brings rainfall before hitting TN coast

Rediff.com9 Dec 2022

Severe cyclonic storm Mandous will cross the coast between north Tamil Nadu and south Andhra Pradesh around December 9 night and early next day, the regional weather office said on Friday.

Govt extends service tax return deadline by a month

Govt extends service tax return deadline by a month

Rediff.com21 Oct 2012

The Revenue Department has extended the deadline by one month to November 25 for filing of service tax returns for the April-June quarter, as it has not been able to provide electronic return form in time.

Now, simpler IT return form for small taxpayers

Now, simpler IT return form for small taxpayers

Rediff.com12 Apr 2011

The Finance Ministry will soon unveil the simpler income tax return form 'Sugam', which is aimed at reducing compliance burden on small businessmen and professionals.

Don't use retro amendment of tax laws to raise revenue: Shome

Don't use retro amendment of tax laws to raise revenue: Shome

Rediff.com20 Nov 2013

Amid long-pending dispute between the UK-based telecom giant Vodafone and the tax authorities in India, Finance Minister's advisor Parthasarathi Shome on Wednesday said the government should not use retrospective amendment of tax laws to raise revenues.

Bhupendra Patel takes oath as Gujarat CM, allots portfolios

Bhupendra Patel takes oath as Gujarat CM, allots portfolios

Rediff.com13 Dec 2022

Patel was administered the oath as the 18th chief minister by Governor Acharya Devvrat at a function held at the Helipad Ground near the new Secretariat.

PSU Disinvestment: Modi Missing The Bus

PSU Disinvestment: Modi Missing The Bus

Rediff.com3 Oct 2023

'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'

FBT rebate plan on exports held up

FBT rebate plan on exports held up

Rediff.com24 Apr 2006

Ericsson sees $27bn revenue from 5G for India, but at a cost

Ericsson sees $27bn revenue from 5G for India, but at a cost

Rediff.com18 Nov 2018

While everybody is talking about the vast potential of 5G, the uptake of such services in India depends on operators getting around 100 Mhz 5G spectrum. At the reserve price proposed by Trai, getting this spectrum will cost a telco around Rs 490 billion. Which amount could be difficult for operators to mop up, given the financial stress they are undergoing, says Kiran Rathee.

Govt may cut transaction costs

Govt may cut transaction costs

Rediff.com30 Nov 2005

Killings of KPs meant to keep terrorism in J-K alive: Army commander

Killings of KPs meant to keep terrorism in J-K alive: Army commander

Rediff.com16 May 2022

Northern Army commander Lieutenant General Upendra Dwivedi on Monday said the targeted killings of Kashmiri Pandits and non-local labourers by militants was to keep terrorism alive in Kashmir.

No more filing returns at post offices

No more filing returns at post offices

Rediff.com9 Jul 2007

The income tax department is planning to withdraw a facility introduced last year for filing tax returns at around 2,000 post offices, owing to incomplete and inaccurate returns. Nearly 350,000 returns were filed through post offices last year.

SC setback for expelled AIADMK leader OPS, court says cannot seal party office

SC setback for expelled AIADMK leader OPS, court says cannot seal party office

Rediff.com12 Sep 2022

"In democracy, a political party cannot be stopped from functioning by sealing its office", observed the Supreme Court Monday as it dismissed the plea of ousted All India Anna Dravida Munnetra Kazhagam leader O Panneerselvam (OPS) against the Madras high court order directing him to hand over the keys of party headquarter to party chief K Palaniswami.

42 hours later, rescuers struggle to save Mahi

42 hours later, rescuers struggle to save Mahi

Rediff.com22 Jun 2012

The work to rescue the child was hampered by the presence of hard rocks which have come in the way of the link to be established between the borewell and a parallel pit dug up in order to reach her, rescue officials said.

Time to trim the fat army of babus

Time to trim the fat army of babus

Rediff.com21 Feb 2017

Just 5 departments account for about 88 per cent of the Union government's civilian employees. A leaner bureaucracy will help Modi keep his promise of maximum governance with minimum government, says A K Bhattacharya.

Suzlon took tribal land illegally: Kerala govt

Suzlon took tribal land illegally: Kerala govt

Rediff.com11 Nov 2010

The Kerala government decided to remove Suzlon Energy's windmills and other establishments from land in the Attappadi tribal area of Palakkad district, saying the company had taken the area illegally.

Cabinet secretary Gauba to head panel monitoring civil servants' training

Cabinet secretary Gauba to head panel monitoring civil servants' training

Rediff.com20 Feb 2023

Cabinet Secretary Rajiv Gauba will head a top panel, including a senior official from the Prime Minister's Office and seven secretaries, to monitor the implementation of the Centre's ambitious Mission Karmayogi programme for training of government employees, officials said on Monday.

1300 roads blocked, 40 bridges damaged in HP rains

1300 roads blocked, 40 bridges damaged in HP rains

Rediff.com11 Jul 2023

Around 300 people, mostly tourists, are stuck in camps at Chandertal, located at an altitude of 14,100 feet, following rain and snowfall in the region.

Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10

Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10

Rediff.com15 Mar 2015

Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10

Tax notice slapped on British Airways

Tax notice slapped on British Airways

Rediff.com28 Jul 2008

UK-based British Airways has been slapped a service tax notice by the Revenue Department asking it to pay the balance of Rs 143.5 crore (Rs 1.44 billion) liability on sale of tickets in India between May 2006 and November 2007.

Govt to check double taxation

Govt to check double taxation

Rediff.com30 Nov 2006

The revenue department is examining the service tax on industry and service providers, particularly in the telecom sector, to ensure that there is no incidence of double taxation, an official of the department said.

Exporters to SEZs will get duty sops

Exporters to SEZs will get duty sops

Rediff.com22 Apr 2004