Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor on December 12, 2018, after the abrupt exit of Urjit Patel.
Bhumi feels pretty... Jackie Shroff with the 'asli' Bidhu...Huma-Saqib go to a wedding...
Manish Malhotra's father Suraj passed away at the age of 91 after being unwell for a while.
Clad in gold, the ever youthful star looked glamorous as always.
Riteish-Genelia visit a salon... Neha steps out... Karan-Bipasha spread love...
Anil Kapoor's wife Sunita Kapoor hosted her annual Karva Chauth party for her friends, and the ladies in well, mostly red, made striking images on social media.
The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.
Department of financial services secretary Sanjay Malhotra held a meeting with heads of PSBs, insurance companies and financial institutions for identifying ways to support Agniveers on completion of their tenure of duty.
The GST Council on Saturday clarified that guarantees provided by corporate to their subsidiaries will attract an 18 per cent GST, while no tax will be levied if a personal guarantee is given by a director to the company. The council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state ministers, also cut the GST rate on molasses to 5 per cent from 28 per cent. It also ceded the right to tax Extra Neutral Alcohol (raw product for making alcohol for human consumption) to the states.
Film folk attended the Ganesh Chaturthi celebrations at Nita and Mukesh Ambani's residence, Antilia, in Mumbai.
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
Brokers believe that the higher charges may not completely deter investors from taking bets in F&O but could help cool down some activity, as the threshold to break even rises.
Some of the star guests at the wedding.
All her public appearances are marked by trademark glitter and glow, of which her opulent collection of Kanjivarams and Benarasis are Sukanya Verma's absolute favourite.
On Manish Malhotra's 50th birthday, take a glimpse of his best runway creations.
'Innocent lives lost. Tourists, families, people who were just... living. Seeking beauty. Seeking peace. And now there's only grief.'
Three industry bodies suggested changes in India's tax regime in their pre-Budget discussions with Revenue Secretary Sanjay Malhotra in New Delhi on Tuesday. The bodies - Confederation of Indian Industry (CII), PHD Chamber of Commerce and Industry (PHDCCI), and Federation of Indian Chambers of Commerce & Industry (FICCI) - held separate meetings with Malhotra during the day and put across their suggestions for the upcoming Budget.
The who's who of Bollywood made sure to attend Sanjay Leela Bhansali's magnum opus Web series, Heeramandi: The Diamond Bazaar.
Aaliya Kashyap and Shane Gregoire had a starry reception on Wednesday evening.
Manish Malhotra kicks off Bollywood's weekend parties.
The special screening of Janhvi Kapoor's new film Ulajh had a special guest: An evergreen diva, who continues to look ageless.
So many movies are coming up for release in 2025!
'I couldn't see the injury but I knew it was bad from the expression on Aamir's face.'
The RBI has changed the way it approached supervision in the past. Having seen a couple of collapses in the NBFC sector and the near-collapse of a few banks, it is focusing on regular drills to prevent a fire from breaking out, explains Tamal Bandyopadhyay.
Where Sanjay calls Malaika 'family'.
Union Finance Minister Nirmala Sitharaman, along with her team of bureaucrats, delved into the fine print of the 2024-25 Budget documents in a press conference, detailing the government's road map on bringing down the debt-to-GDP ratio and bold tax measures.
If only the movie could hold its own the way Raveena Tandon does in a cream and gold Manish Malhotra lehenga, Ghudchadhi would be half the entertainer it set out to be, feels Sukanya Verma.
Film folk have been very busy this year, attending trailer launches and promotional events. Hitesh Harisinghani/ Rediff.com vouches for that, as he recaps 2024 with his insightful clicks.
The GST revenues for August 2023 have shown a growth of 11 per cent year on year due to increased compliance and less evasion, Revenue secretary Sanjay Malhotra said on Friday. The collection from Goods and Services Tax (GST) was Rs 1,43,612 crore in August 2022. "Roughly numbers are in the range of 11 per cent year on year growth as in earlier months," Malhotra told reporters.
Personal income tax as a percentage of GDP has gone up from 2.11 per cent in 2014-15 to 2.94 per cent in 2021-22 fiscal, indicating that taxpayer base is widening as a result of the steps taken by the present government led by Prime Minister Narendra Modi.
what a star-studded affair it was!
Finance Minister Nirmala Sitharaman on Wednesday said the government has made the new income tax regime more attractive for taxpayers and has thus brought about 'substantial changes' in its structure for the benefit of the middle class. The Budget 2023-24 has proposed changes in the optional tax regime, which was introduced in 2020-21. Speaking to reporters after presentation of the Budget, Sitharaman said the country has been waiting for a direct tax regime which is simplified and easy in compliance.
'Had anyone asked me if I was Aamir Khan, I would have admitted to it.' Senior movie journalist Roshmila Bhattacharya flips through the pages of her many interactions with Aamir Khan, who turned 60 on March 14.
It's the season for glamorous Diwali parties, and after Manish Malhotra's fashionable bash, Varsha and Producer Ramesh Taurani threw a grand party at their residence.
Look who turned up at Zoya Akhtar's bash for the cast at her home in Mumbai.
'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a slight increase, but for unlisted shares, where indexation benefits are removed, there is a reduction in rates, benefiting unlisted companies, venture capital firms, etc.' 'Similarly, in real estate, wherever returns are higher, the new structure is beneficial. In very few cases, returns are lower, and those are more of an exception.'
The weekend saw its share of Diwali parties, including Maja Ma Producer Amritpal Singh Bindra's party.
