Setting at rest speculation about the possibility of tax cuts to boost growth, the Planning Commission Deputy Chairman Montek Singh Ahluwalia on Tuesday said the government will not change the tax structure during the current fiscal, ending March 31.
Real estate companies have asked the government to give them infrastructure status that will enable them to access cheaper money raising options. Does the speculative sector deserve this?
With the Omicron variant of coronavirus slowly spreading its tentacles in the country, a number of states enhanced surveillance to trace, track and quarantine contacts of COVID-19 positive persons while Delhi began genome sequencing of samples of all infected people and has prohibited Christmas and New Year gatherings.
'Unlike India and Sri Lanka, there was no internal air travel needed.' 'For all 8 teams, different hotels are available, a separate one for the broadcasting team too.'
The government said on Wednesday that the Telegraph Act would be amended to incorporate cellular service providers to get a share from the Universal Service Obligation Fund to connect all villages, highways and rail network.\n\n
The proposal will also include providing loans at below market rates to real estate developers. But the loan disbursed under this will come with a number of conditions like an upper ceiling on selling price of flats and individual homes.
Sarvesh Agrawal of Internshala offers a detailed guide on the application process.
The railway minister also proposed to extend 75 per cent concession in second-class fares to government rural school students, once in a year, for study tour.
Trade deficit with China has risen to $40 billion, a cause for worry.
The BJP has promised the people of Haryana a corruption-free government if voted to power in the assembly elections.
The government will chart out a plan for the evacuation of seafarers stuck on international waters amid the Covid-19 pandemic, Union Minister Mansukh L Mandaviya has said. Thousands of Indian seafarers are currently stuck aboard cruise ships and cargo vessels in far off waters, and maritime bodies have been demanding from the government strategies for bringing them home fearing that delays might result in disruption in supply chain.
For India to be atmanirbhar, domestic manufacturers cannot remain merely assemblers of imported parts. Manufacturing in India cannot survive on support of imports forever.
The government will come up with a legislation, which will have a fiscal package, including a 20-year income tax holiday for special economic zones, by December end, a top government official said on Tuesday.
The Indian Premier League's Governing Council is likely to meet on August 2 to give a final shape to the schedule and discuss other arrangements for the T20 league to be held in the UAE this year. The 13th edition of IPL, forced out of the country due to the COVID-19 pandemic, will be held in the United Arab Emirates from September 19 to November 8.
In a statement, the Ministry of Home Affairs (MHA) said it has issued fresh guidelines for surveillance with regard to COVID-19 that will remain in force till January 31, as it asked the states and union territories to keep a strict vigil to prevent any rise in cases during the New Year celebrations and the winter season.
Finance Minister P Chidambaram on Thursday hinted at more changes in tax structure and phasing out of subsidies for textile sector while promising measures to facilitate additional investment
In June, the new government led by Narendra Modi extended the excise duty concession by six months to December 31, which is not being further extended.
Long-term capital gains tax may be scrapped and the burden of dividend distribution tax could perhaps be shifted from companies to shareholders. Also, the Budget could provide income tax relief for the salaried classes, while proposing tax sops for small, medium and micro enterprises.
The Best Videos of the Week!
Under the scheme, the government will provide financial incentives for each electric vehicle sold in India during the remaining part of the 11th Plan.
PHD Chamber of Commerce and Industry on Thursday asked the government to revamp tax structure and extend tax holidays for the high-cost and risky research and development sector
I keep a licensed revolver with me always in my car, there are some personal issues with someone which I don't want to disclose, said boxer Neeraj Goyat.
Student bodies like the Left-affiliated All India Students' Association and the Congress-affiliated National Students' Union of India have been raising the issue and have demanded the postponement of the two exams.
As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
Indian shooters bound for next year's Tokyo Olympics will resume their training from Wednesday following Sports Authority of India's decision to open the Karni Singh Shooting Range in New Delhi, which was closed since March due to the COVID-19 pandemic. SAI said the full-intensity training of Indian shooters will start in a phased manner.
'Almost 70 per cent production time of a vaccine is dedicated to quality control, which is done through several hundred tests.'
Modi joined the conference virtually and reviewed the action points of the previous conference, an official statement said, adding discussions were held to improve the overall security scenario with more people-friendly initiatives, it said.
The central government is likely to extend the Software Technology Parks of India (STPI) scheme beyond 2009 only to Indian information technology-enabled services/business process outsourcing (ITeS/BPO) firms. A proposal to this effect has been included in the 11th Five-Year Plan document, which will be put up for the approval of the National Development Council, headed by the prime minister, on December 19.
The Non-Resident Indians (NRIs) living in the US, UK, Canada and Singapore can now avail the benefit of a lesser tax deduction on their Non-Resident fixed deposit with ICICI Bank, a top bank official said in Mumbai. The NRO FD Plus offers the benefit of concessional rate of tax deducted at source (TDS) under the Double Taxation Avoidance Agreement (DTAA) of India with these countries, ICICI Bank General Manager and Head NRI Services Manish Mishra said.
The move may be part of Budget 2008-09, a senior government official said.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances