News for 'Securities Transaction Tax'

BSE taking steps to curb illegal money flow into penny stocks

BSE taking steps to curb illegal money flow into penny stocks

Rediff.com10 Jul 2016

India's oldest stock exchange has created weekly, monthly, quarterly and annual price bands

How govt can boost infra funding in India

How govt can boost infra funding in India

Rediff.com4 Apr 2021

For development finance institution to succeed now, the government must stand like a rock behind it and be patient.

Link your PAN to Aadhar by December 31 or it may become inoperative

Link your PAN to Aadhar by December 31 or it may become inoperative

Rediff.com26 Dec 2019

There are four simple ways to link PAN to Aadhaar; make the most of the deadline to avoid hassles later, explains Bindisha Sarang.

ED summons Chanda Kochhar on May 3

ED summons Chanda Kochhar on May 3

Rediff.com23 Apr 2019

ED orders Chanda Kochhar to appear with asset lists also provide income-tax returns in her individual capacity and of companies if she was a director or held any position.

'One should not expect an immediate boost to the economy'

'One should not expect an immediate boost to the economy'

Rediff.com4 Jun 2014

Equity markets are currently difficult to gauge as the market has probably priced in a lot of things ahead of actual events.

Capital Goods: Boost from ultra mega power projects

Capital Goods: Boost from ultra mega power projects

Rediff.com1 Mar 2015

Stocks to watch: BHEL, L&T, IRB Infra and Suzlon

Why are RBI and Sebi silent on illegal digital dabba trading?

Why are RBI and Sebi silent on illegal digital dabba trading?

Rediff.com29 Jul 2021

If Sebi and RBI remain quiet about this brazenly illegal activity, will someone in the finance ministry or the NITI Aayog take a closer look, asks Debashis Basu.

ED questions Rahul Gandhi for over 10 hrs, summons him again

ED questions Rahul Gandhi for over 10 hrs, summons him again

Rediff.com13 Jun 2022

Congress leader Rahul Gandhi was questioned for over 10 hours by the Enforcement Directorate in a money-laundering probe linked to the National Herald newspaper and was called to depose again on Tuesday, as his party protested across the country, alleging that the Centre was targeting the Opposition by misusing agencies.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com8 Oct 2020

PNB has rich experience in the integration of commercial banks.

Mehul Choksi: 'I want to clear my name'

Mehul Choksi: 'I want to clear my name'

Rediff.com20 Jan 2022

'I was shocked by the kidnapping episode. I could have lost my life.'

Cryptocurrencies: 'Invest for long-term'

Cryptocurrencies: 'Invest for long-term'

Rediff.com3 Jun 2021

'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'

Making card payments? Service levy, surcharge to be waived soon

Making card payments? Service levy, surcharge to be waived soon

Rediff.com25 Feb 2016

The move would help tax authorities get leads on evasion.

Govt aims to transform India through access, inclusion, empowerment: PM

Govt aims to transform India through access, inclusion, empowerment: PM

Rediff.com28 Jan 2021

Asserting that the self reliant India programme will help revive the global economy, Prime Minister Narendra Modi on Thursday told global business community that his government aims to transform the country through access, inclusion and empowerment while also ensuring complete data security. Addressing the World Economic Forum's online Davos Agenda Summit, where he also interacted with global business leaders, Modi also said India offers a predictable and friendly environment from tax regime to FDI norms. He said Aatmanirbhar Bharat movement is committed to global good and global supply chain while the country's digital profile has been completely transformed.

Demonetisation: I-T conducts raids in Delhi, Mumbai

Demonetisation: I-T conducts raids in Delhi, Mumbai

Rediff.com10 Nov 2016

Over 100 tax sleuths along with police officials have been roped in for the survey operations

Mauritius funds may now be re-routed through Singapore for investments in India

Mauritius funds may now be re-routed through Singapore for investments in India

Rediff.com10 Jul 2018

Singapore is the favoured destination as it has traditionally had a stable fund management regime; also, its tax treaty with India is similar to that of Mauritius

SC partially stays law making Aadhaar must for PAN, ITR filing

SC partially stays law making Aadhaar must for PAN, ITR filing

Rediff.com9 Jun 2017

It also said that PAN card without Aadhaar number would not be treated invalid till the Constitution bench decides the larger issue of Right to Privacy.

I-T returns: Avoid last-minute mistakes

I-T returns: Avoid last-minute mistakes

Rediff.com22 Jul 2019

Use of the incorrect form will result in your return being treated as defective, points out Suresh Surana, founder, RSM India.

FinMin detects Rs 2,280 cr black money routed through PPP

FinMin detects Rs 2,280 cr black money routed through PPP

Rediff.com25 Sep 2013

About Rs 2,280 crore (Rs 22.80 billion) unaccounted income being allegedly routed through Private Placement Programme (PPP) has been detected by economic intelligence sleuths.

Want to gift a financial product? Read this

Want to gift a financial product? Read this

Rediff.com3 Dec 2019

Each financial product is governed by a different regulator and the rules for gifting vary, points out Tinesh Bhasin.

Double-taxation: Experts seek clarification from Jaitley in Budget

Double-taxation: Experts seek clarification from Jaitley in Budget

Rediff.com30 Jan 2017

Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.

Budget: Divestment target likely to be retained at Rs 90,000 crore

Budget: Divestment target likely to be retained at Rs 90,000 crore

Rediff.com1 Jul 2019

The divestment target remaining unchanged, from the 2019-20 interim Budget, this year means the Centre will now have to depend on non-tax revenue sources like dividends from the RBI, PSBs and PSUs, as there are real concerns of a tax revenue shortfall. The fiscal deficit target of 3.4% of GDP for 2019-20 is likely to be retained as well.

IBC may be tweaked to give relief to stressed asset buyers

IBC may be tweaked to give relief to stressed asset buyers

Rediff.com7 Dec 2017

This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks.

Why crypto-assets need to be regulated, not banned

Why crypto-assets need to be regulated, not banned

Rediff.com16 Feb 2019

Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.

RBI not keen on raising inter-bank ATM usage fee

RBI not keen on raising inter-bank ATM usage fee

Rediff.com12 Sep 2014

Currently, the fee is Rs 15 per financial transaction. This has been recommended to be revised to Rs 16.50, plus service tax (12%), taking the amount to Rs 18.48.

ED registers money laundering case in Kerala gold smuggling

ED registers money laundering case in Kerala gold smuggling

Rediff.com22 Jul 2020

The ED case has been booked under the Prevention of Money Laundering Act (PMLA) and the agency will record the statement of the accused. The central agency will investigate if proceeds of crime were generated by the accused by laundering of funds that were earned through the alleged gold smuggling racket.

Don't panic, there's enough time to get new notes

Don't panic, there's enough time to get new notes

Rediff.com9 Nov 2016

In the next few days, use credit/debit cards wherever possible or download your bank's mobile banking app or a mobile wallet.

Ease of Doing Business: How REAL is India's ranking?

Ease of Doing Business: How REAL is India's ranking?

Rediff.com9 Nov 2018

For the second year in a row, India has been recognised as the fifth-best performing nation in reforming the business environment. However, in the two categories that the government was banking on most - "Paying Taxes" and "Resolving Insolvency" - landmark reforms that were expected to yield better results have had the opposite effect. Under the circumstances should the country celebrate already or are there any reasons for worry, wonders Subhayan Chakraborty.

Use cheques, cards to check black money, says Jaitley

Use cheques, cards to check black money, says Jaitley

Rediff.com27 Mar 2015

Use cheques, cards to check black money, says Jaitley.

Call centre racket: FBI officials arrive in Thane to probe fraud

Call centre racket: FBI officials arrive in Thane to probe fraud

Rediff.com14 Oct 2016

The FBI officer met senior officers of Thane Police and exchanged information gathered by both the sides about the scam which was unearthed earlier this month.

All about pre-paying your trading expenses

All about pre-paying your trading expenses

Rediff.com30 Mar 2011

Do it if you are sure of generating sufficient trading volumes.

India's 1st smart city is all set to take off in a big way

India's 1st smart city is all set to take off in a big way

Rediff.com23 Jun 2020

'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.

Cash crisis: Aaj ki taaza khabar!

Cash crisis: Aaj ki taaza khabar!

Rediff.com15 Nov 2016

Aaj ka taaza khabar

How Modi can crack down on black money

How Modi can crack down on black money

Rediff.com5 Oct 2015

Today, the single most popular route of laundering is the stock market platform, notes Debashis Basu.

10 commandments for Modi Sarkar to curb black money

10 commandments for Modi Sarkar to curb black money

Rediff.com4 May 2017

A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.

India's exchange rate policies are flawed

India's exchange rate policies are flawed

Rediff.com9 Aug 2019

If net forex outflows turn out to be relatively high in the next few years, the rupee could depreciate beyond Rs 80 to a dollar by 2022. The causal reasons could, for example, include unmet expectations of FPI and FDI investors about the performance of the Indian economy, sharp rise in prices of imported oil and decrease in FX remittances. The RBI has to ask itself whether guaranteeing future rupee-dollar exchange rates on FX forward contracts is a reasonable way to use its risk-bearing capacity, says Jaimini Bhagwati.

'By 2025, we will be corruption free'

'By 2025, we will be corruption free'

Rediff.com14 Aug 2017

'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'

Will throw Amrapali Group out and transfer ownership: SC

Will throw Amrapali Group out and transfer ownership: SC

Rediff.com8 May 2019

The court also questioned how Amrapali Group could mortgage the entire projects and secure loan worth thousands of crores of rupees from banks when it was only an agent to develop the property.

'Found evidence of facilitation fee for TV rights'

'Found evidence of facilitation fee for TV rights'

Rediff.com23 Apr 2010

The Income Tax department probing alleged irregular transactions in the IPL has got "convincing evidence" of payment of "facilitation fee" to World Sports Group (WSG) by Multi-Screen Media (MSM) for acquiring T20 league's telecast rights, a senior officer said in Mumbai on Thursday.

How GST can boost revenue

How GST can boost revenue

Rediff.com11 Mar 2016

The very design of the GST will bring in revenue buoyancy.

Sebi to ban cos which use stock markets to launder black money

Sebi to ban cos which use stock markets to launder black money

Rediff.com8 Feb 2015

Sebi found a typical pattern in trading of shares of these companies.