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.
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.
Though the legislator of Rupohihat, Nurul Huda, stopped the drive in Sitalmari area of Burachapori Wildlife Sanctuary for a while claiming it was illegal, the exercise resumed later, a senior official said.
Tata-owned Air India has launched a Voluntary Retirement Scheme (VRS) for its employees- in the airline's first drive to reduce headcount. The salt-to-steel conglomerate acquired the carrier last year. As of November 2019, the airline had 9,426 permanent employees.
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.
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.
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.
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.
The scheme initially envisaged conferment of proprietary rights of around 20.55 lakh kanals of land (1,2,50 hectares) to occupants of which 15.85 per cent of land was approved for vesting of ownership rights.
The SET's findings have now been taken on record by the Central Bureau of Investigation which recently raided the 2008-batch Indian Revenue Service officer after it filed an FIR against him for corruption and alleged violation of rules in the raids that took place at the Cordelia cruise berthed at the Mumbai coast on October 2, 2021.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
CM Stalin has a procedural problem. Nominating new ministers would entail his having to seek formal permission from governor R N Ravi. Stalin does not want to interact with the person of this governor, as far as possible, predicts N Sathiya Moorthy.
The Maharashtra government has commissioned a detailed study to assess the social, financial and educational status of the Muslim community in 56 cities of the state, an official order said.
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.
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.
Amid criticism over the formation of foam in the Yamuna -- a sign of its hazardous water quality -- the Delhi government on Tuesday deployed 15 boats to remove the froth with the help of ropes.
The aim of the exercise was to further simplify GST forms and make the filing process more user-friendly, the finance ministry said in a tweet, reports Dilasha Seth.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
Sharma said 2,500 tankers that supply potable and non-potable water across Mumbai have been on strike since February 8 and it's a do-or-die situation for them.
Delhi ministers Manish Sisodia and Satyendar Jain on Tuesday resigned from the Cabinet, amid corruption allegations against them.
As many as 400 fishermen from Gujarat are stranded in the Arabian Sea, 40 nautical miles off Daman coast in south Gujarat, due to the cyclonic storm advancing towards the state. Gujarat Chief Minister Narendra Modi, meanwhile, called a review meeting of the state Disaster Management Authority, the revenue department and district administration in view of the impending cyclone and directed the district administration to keep an eye on the changing weather.
Guntur district collector has issued a notice to mother of Rohit Vemula, the University of Hyderabad research scholar who committed suicide in January last, asking her to prove she belonged to the Scheduled Caste.
Holding out no assurance of an absolute confidentiality to those disclosing foreign assets on their own, the government on Tuesday said details of information provided during the one-time compliance window can be revealed in the public interest.
The Madras high court on Wednesday set aside the proceedings of the Tamil Nadu revenue department locking and sealing the All India Anna Dravida Munnetra Kazhagam headquarters in Chennai following the July 11 violence, and directed that the keys of the office be handed over to party chief K Palaniswami.
This at a time companies have asked the revenue department to increase the rate in view of higher bank rates.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances