News for 'Service Tax Department'

ED issues fresh summons to Vijay Mallya

ED issues fresh summons to Vijay Mallya

Rediff.com18 Mar 2016

ED had earlier issued summons to Mallya for "personal appearance" on March 18 under the provisions of the Prevention of Money Laundering Act (PMLA).

Cong holds pressers in 22 cities, slams Centre

Cong holds pressers in 22 cities, slams Centre

Rediff.com30 Aug 2022

The Congress on Monday stepped up its attack on the BJP-led Centre over the issue of price rise with Rahul Gandhi saying the biggest problems facing the country were unemployment, inflation and growing hatred.

PM to meet Obama in Laos tomorrow

PM to meet Obama in Laos tomorrow

Rediff.com7 Sep 2016

The two leaders are expected to make brief remarks at the top of the meeting.

Sitharaman given a live demo of GST glitches

Sitharaman given a live demo of GST glitches

Rediff.com17 Nov 2019

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.

Modi's Gujarat has a robust biz model, New Delhi what say?

Modi's Gujarat has a robust biz model, New Delhi what say?

Rediff.com11 Jun 2015

Gujarat is a flourshing state but its business model is not so well accepted at national level.

Foreign investors' MAT woes not over just yet

Foreign investors' MAT woes not over just yet

Rediff.com2 Mar 2015

The tax dept has served notices on about 36 foreign investors.

Govt to conduct mock GST launch in Parliament on Wednesday

Govt to conduct mock GST launch in Parliament on Wednesday

Rediff.com27 Jun 2017

Officers from various departments including the finance ministry to be part of rehearsal event

FinMin prepares 100-day agenda for new govt

FinMin prepares 100-day agenda for new govt

Rediff.com22 May 2019

Among other things, the agenda is likely to focus on increasing private investment, employment generation and giving relief to the farm sector

Rs 39,000 crores suspect money in 1,950 Jan Dhan accounts

Rs 39,000 crores suspect money in 1,950 Jan Dhan accounts

Rediff.com11 Dec 2016

This week, as the I-T department scanned the deposits, reality hit them: Only a minuscule percentage of the Jan Dhan accounts had been used for money laundering.

The men behind Sitharaman's 2nd Budget

The men behind Sitharaman's 2nd Budget

Rediff.com30 Dec 2019

Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.

Where did 10% of taxpayers vanish?

Where did 10% of taxpayers vanish?

Rediff.com28 Aug 2017

The cancellation of over a million duplicate or multiple permanent account numbers belonging to the same person or entity may have led to the disappearance of many of those who used to file returns earlier, but now no longer exist, says A K Bhattacharya.

Buying a house? It's much cheaper now

Buying a house? It's much cheaper now

Rediff.com10 Dec 2015

About 25-30% of total units launched are unsold across country.

Nilekani's idea maybe tweaked to make GST input credit smoother

Nilekani's idea maybe tweaked to make GST input credit smoother

Rediff.com23 Feb 2018

The GoM will meet on Saturday to finalise single-stage, simplified, return filing under the GST; report will be placed before GST Council on March 10.

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.

Dabhol import duties cast aside

Dabhol import duties cast aside

Rediff.com2 Jul 2004

Gujarat, Karnataka are best states for start-ups

Gujarat, Karnataka are best states for start-ups

Rediff.com4 Jul 2022

Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.

Bankers agree to review lending rates

Bankers agree to review lending rates

Rediff.com5 Aug 2019

Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.

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.

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.

The Kerala minister who's fighting for states in GST Council

The Kerala minister who's fighting for states in GST Council

Rediff.com23 Oct 2020

Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.

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

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.

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

EC begins clean-up drive against 2100 registered unrecognised parties

EC begins clean-up drive against 2100 registered unrecognised parties

Rediff.com25 May 2022

Sixty-six such parties claimed IT exemption in FY20 without complying with statutory requirements under the Representation of the People Act and 2,174 have not submitted contribution reports, the EC said.

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

MP IAS officer issued notice over tweets on Kashmir Files

MP IAS officer issued notice over tweets on Kashmir Files

Rediff.com23 Mar 2022

In one of the tweets, Khan, who is deputy secretary with the MP Public Works Department, had last week urged makers of The Kashmir Files to also make a film on the 'killings of large number of Muslims across several states' in India, and said members of this minority community are 'not insects, but citizens of the country'.

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.

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.

'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.

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

'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.

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.

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.

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.

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.

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.

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.

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.

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.