News for 'Service Tax Department'

FDI in services sector dips 47.5% during Apr-Aug

FDI in services sector dips 47.5% during Apr-Aug

Rediff.com4 Nov 2013

Industry experts say that the government needs to further relax FDI norms to attract investors to the sector.

Make film on killings of Muslims too: IAS officer to 'The Kashmir Files' makers

Make film on killings of Muslims too: IAS officer to 'The Kashmir Files' makers

Rediff.com20 Mar 2022

The officer, Niyaz Khan, also appealed to the film producer to transfer all earnings to the Brahmin children's education and construction of homes for them in Kashmir.

Will you pay GST twice for using credit card? 7 myths busted

Will you pay GST twice for using credit card? 7 myths busted

Rediff.com3 Jul 2017

"This is completely untrue. Please do not re-circulate such message without checking it with authority," Adhia said.

Dabhol import duties cast aside

Dabhol import duties cast aside

Rediff.com2 Jul 2004

WATCH LIVE! First day of Budget session in Parliament

WATCH LIVE! First day of Budget session in Parliament

Rediff.com23 Feb 2016

The Budget session of Parliament is set to start on a stormy note on Tuesday with issues like the Jawaharlal Nehru University row, Dalit scholar Rohith Vemula's suicide and Pathankot terror strike set to dominate the proceedings.

Lok Ranjan, govt's nominee on ICICI board, transferred

Lok Ranjan, govt's nominee on ICICI board, transferred

Rediff.com11 May 2018

Ranjan was nominated to the board of ICICI Bank on April 7

Why do we pay taxes, Mr Modi?

Why do we pay taxes, Mr Modi?

Rediff.com19 Jul 2017

'If governments choose to spend our money on cow meat detection kits or hugely expensive statues, it is also a form of corruption.' 'A betrayal of our hopes and aspirations,' says Amit Mehra.

Co-operate with the taxman or shell out Rs 2 lakh as fine!

Co-operate with the taxman or shell out Rs 2 lakh as fine!

Rediff.com31 May 2015

Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 provides for a minimum penalty of Rs 50,000

UK's PM-in-waiting Liz Truss remains committed to India ties

UK's PM-in-waiting Liz Truss remains committed to India ties

Rediff.com5 Sep 2022

Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.

Patanjali rebuts charge of profiteering from lower GST rates

Patanjali rebuts charge of profiteering from lower GST rates

Rediff.com16 Jan 2019

Anti-profiteering authority puts Baba Ramdev-led company in the dock for allegedly not passing on benefits received from the reduced rate of taxation under the GST regime. Patanjali to respond to notice at January 28 hearing.

Black money: Over 1,000 entities under Sebi lens

Black money: Over 1,000 entities under Sebi lens

Rediff.com29 Dec 2014

These entities have facilitated illicit transactions worth thousands of crores of rupees over the past 2-3 years

Budget 2020: What Nirmalaji must focus on

Budget 2020: What Nirmalaji must focus on

Rediff.com23 Jan 2020

'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.

Toyota, Mitsui, Marubeni to sign first set of pricing pacts

Toyota, Mitsui, Marubeni to sign first set of pricing pacts

Rediff.com12 Nov 2014

APAs are part of govt's aim to move to a non-adversarial tax regime.

'Flats sold after getting OC not liable for GST'

'Flats sold after getting OC not liable for GST'

Rediff.com4 Jul 2017

Rama Krishna Sangu, partner, Manohar Chowdhry & Associates, Chartered Accountants, and a member of the Indirect Tax Committee of ICAI, fielded readers' questions on GST on Rediff Chat.

It's the govt that is NOT ready to implement GST!

It's the govt that is NOT ready to implement GST!

Rediff.com29 Aug 2017

The confidence that GST Network is capable of handling the returns, payments, reconciliation, refunds, etc., has been badly shaken.

In tough times, Vijay Mallya's luxury jet awaits a buyer

In tough times, Vijay Mallya's luxury jet awaits a buyer

Rediff.com15 May 2016

The 25-seater aircraft is interspersed with plush sofas, a cushioned bed, bars, showers and a bathrobe

Election Commissioner Ashok Lavasa resigns

Election Commissioner Ashok Lavasa resigns

Rediff.com18 Aug 2020

Lavasa would soon be joining the Asian Development Bank as vice president

'Passage of the land bill is essential'

'Passage of the land bill is essential'

Rediff.com20 Apr 2015

New head of the Confederation of Indian Industry speaks.

MP IAS officer gets show-cause notice for tweets on The Kashmir Files

MP IAS officer gets show-cause notice for tweets on The Kashmir Files

Rediff.com25 Mar 2022

Khan, a deputy secretary with the state public works department, confirmed to PTI that he had received the notice and said he was supposed to reply to it in seven days.

FinMin goes for reshuffle ahead of Budget

FinMin goes for reshuffle ahead of Budget

Rediff.com29 Dec 2015

An announcement has barred the entry of journalists in the finance ministry.

J-K plans mythological theme park near Vaishno Devi shrine

J-K plans mythological theme park near Vaishno Devi shrine

Rediff.com11 Jun 2021

The Jammu and Kashmir administration is planning to set up India's best mythological theme park near the famous Vaishno Devi shrine in Reasi district and has sought investors for the project, officials said.

Alert: Use up your old Rs 500 notes by Thursday midnight!

Alert: Use up your old Rs 500 notes by Thursday midnight!

Rediff.com14 Dec 2016

While cancelling the legal tender of 500 and 1,000 notes on November 8, the government had allowed them to be used for utility bill payments for the first 72 hours. This deadline was extended repeatedly and the last extension was granted till December 15.

Why you should always respond to an I-T notice

Why you should always respond to an I-T notice

Rediff.com10 Jun 2015

Individual tax-payers could get notices in case of a loan or a cash gift from a relative.

Govt mulls reforms push in FY16 Budget

Govt mulls reforms push in FY16 Budget

Rediff.com16 Sep 2014

Some experts had said the Budget did not have much in terms of big ideas.

Planning to buy an Apple iPhone 12 in India? Think again

Planning to buy an Apple iPhone 12 in India? Think again

Rediff.com27 Oct 2020

A Dubai trip plus Apple iPhone 12 is cheaper than buying the phone in India. Various models of the iPhone 12 Pro and Max are cheaper in Dubai by up to Rs 35,000 owing to higher GST, Customs duty in India.

Ashok Lavasa named as new ADB vice-president

Ashok Lavasa named as new ADB vice-president

Rediff.com15 Jul 2020

Lavasa, a career bureaucrat, joined as Election Commissioner on January 23, 2018, and being senior most on the poll panel would have become CEC in April next year after the term of incumbent Sunil Arora ends.

India's labour laws force employers to use 5 billion sheets of paper!

India's labour laws force employers to use 5 billion sheets of paper!

Rediff.com14 Mar 2016

It's time we dispensed with the paper trail and shifted all labour law paper, workflows and permissions online.

Vodafone indecisive on conciliation talks: Chidambaram

Vodafone indecisive on conciliation talks: Chidambaram

Rediff.com18 Feb 2014

The Finance Ministry has already circulated a draft Cabinet note withdrawing the conciliation offer to Vodafone to resolve the Rs 20,000-crore (Rs 200-billion) tax dispute case.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

How the wealth of India's richest can make a difference

How the wealth of India's richest can make a difference

Rediff.com17 Jan 2022

Indian billionaires saw their combined fortunes more than double during the COVID-19 pandemic, and their count shot up by 39 per cent to 142, while the wealth of the ten richest is enough to fund school and higher education of children in the country for 25 years, a new study showed on Monday. In its annual inequality survey released on the first day of the World Economic Forum's online Davos Agenda summit, Oxfam India further said that an additional one per cent tax on the richest 10 per cent can provide the country with nearly 17.7 lakh extra oxygen cylinders, while a similar wealth tax on the 98 richest billionaire families would finance Ayushman Bharat, the world's largest health insurance scheme, for more than seven years. The COVID-19 pandemic saw a huge rush for oxygen cylinders and insurance claims during the second wave last year.

Why you must file I-T returns on time

Why you must file I-T returns on time

Rediff.com29 Jul 2016

Even if you don't come in the filing bracket, it is the only way to claim refunds, get visa to some countries.

Chronology: How Tatas are back in Air India's cockpit

Chronology: How Tatas are back in Air India's cockpit

Rediff.com8 Oct 2021

After more than two decades and three attempts, the government has finally sold its flagship national carrier Air India, and it is deja vu for Maharaja as it returned home to its founding father the Tata group. Jehangir Ratanji Dadabhoy (JRD) Tata founded the airline in 1932 and named it Tata Airlines. In 1946, the aviation division of Tata Sons was listed as Air India, and in 1948, the Air India International was launched with flights to Europe. The international service was among the first public-private partnerships in India, with the government holding 49 per cent, the Tatas keeping 25 per cent and the public owning the rest. In 1953, Air India was nationalised and for the next over four decades it remained the prized possession for India controlling the majority of the domestic airspace.

Trinamool reiterates support to GST Bill

Trinamool reiterates support to GST Bill

Rediff.com15 Sep 2015

Bengal Finance Minister Amit Mitra expressed confidence in GST.

Gujarat is India's most business friendly state

Gujarat is India's most business friendly state

Rediff.com15 Sep 2015

Gujarat has topped with a score of 71.14% on ease of doing business list.

Economic slump over, GDP will continue to rise in coming quarters

Economic slump over, GDP will continue to rise in coming quarters

Rediff.com1 Dec 2017

Chief statistician T C A Anant says growth figure might go up once indirect tax data is fully in, however, he agrees that private expenditure is yet to pick up

FIPB may consider Tata-SIA airline proposal on Oct 18

FIPB may consider Tata-SIA airline proposal on Oct 18

Rediff.com27 Sep 2013

In their new venture, Tata SIA Airlines Ltd, Tata Sons would hold 51 per cent stake and Singapore Airlines 49 per cent.

Coffee Day brings in ex-CBI boss to probe Siddhartha's letter, study accounts

Coffee Day brings in ex-CBI boss to probe Siddhartha's letter, study accounts

Rediff.com31 Aug 2019

The assignment was earlier given to global audit firm EY. But it has now been reassigned owing to 'certain conflict of interest', the Bengaluru-based company said.

The many challenges facing Jaitley's fiscal promise

The many challenges facing Jaitley's fiscal promise

Rediff.com19 Sep 2018

After the April-July fiscal deficit data was released on August 31, several analysts hinted that the government may need to go for cuts in capital expenditure to meet the fiscal deficit target.

Why home buyers may now have to tackle anti-profiteering disputes

Why home buyers may now have to tackle anti-profiteering disputes

Rediff.com18 Mar 2019

Experts said the builders will now factor in their losses arising from the removal of input tax credit when they pass on the benefits to end users while the latter may want the entire GST cut to be given to them.

Note ban effect: I-T lens on 60,000 depositors

Note ban effect: I-T lens on 60,000 depositors

Rediff.com17 Apr 2017

Includes those dealing in high-value property and petrol pump owners