News for 'Service Tax Department'

Jaitley likely to announce his final full Budget on Feb 1

Jaitley likely to announce his final full Budget on Feb 1

Rediff.com15 Sep 2017

Like 2017-18, govt will seek comments from the public at large, including Facebook and Twitter

Will reach out to Congress on GST Bill: Jaitley

Will reach out to Congress on GST Bill: Jaitley

Rediff.com29 Mar 2016

The Goods and Services Tax Bill was passed by the Lok Sabha in May.

Finally, Air India Towers leased out to earn Rs 100 crore

Finally, Air India Towers leased out to earn Rs 100 crore

Rediff.com17 Feb 2016

In February 2013, the airline under the then chairman Rohit Nandan decided to shift its base to New Delhi.

How Gujarat battle is preparing Congress for 2019 war

How Gujarat battle is preparing Congress for 2019 war

Rediff.com8 Dec 2017

The party's research department is quietly collecting data, facts and figures to puncture the Modi government's claims on the note ban, the goods and services tax, and the economic growth.

Will Jaitley present his 6th full Budget next year?

Will Jaitley present his 6th full Budget next year?

Rediff.com6 Dec 2018

A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.

Mallya's luxury jet sale gets caught in red tape

Mallya's luxury jet sale gets caught in red tape

Rediff.com6 Nov 2018

Five years on, US company that won the auction for the aircraft is running pillar-to-post, unable to take possession as DGCA hasn't deregistered the jet

ONGC highest profit-making PSU, BSNL worst performer

ONGC highest profit-making PSU, BSNL worst performer

Rediff.com9 Jul 2014

Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.

Mahindra did not anticipate legal hurdles after Satyam buy

Mahindra did not anticipate legal hurdles after Satyam buy

Rediff.com27 Aug 2014

In June last year, Tech Mahindra completed acquisition of Mahindra Satyam -- erstwhile Satyam Computer Services -- to become India's fifth largest software services firm. Mahindra is also the Chairman of Tech Mahindra.

Will the market rally sustain?

Will the market rally sustain?

Rediff.com12 May 2015

There are a few factors that can spoil the party

Why the first post-GST Budget will be 'different'

Why the first post-GST Budget will be 'different'

Rediff.com26 Sep 2017

The forthcoming Budget, the last full one before the 2019 Lok Sabha elections, is expected to contain a number of sops and feel-good announcements, especially regarding social sector schemes.

Modi backs Sitharaman!

Modi backs Sitharaman!

Rediff.com1 Apr 2021

When Nirmala Sitharaman announced her new privatisation policy, there were serious doubts if the move had the BJP's full political backing. All those doubts were dispelled when her initiatives were endorsed by Modi in Parliament, observes A K Bhattacharya.

The Problem With Budgets...

The Problem With Budgets...

Rediff.com1 Feb 2020

'There is a time for lowering one's expectations of the economy -- and therefore not trying to do too much in the Budget,' notes T N Ninan.

Realty goldmine or citizen minefield, Dharavi makeover gets wiggle room

Realty goldmine or citizen minefield, Dharavi makeover gets wiggle room

Rediff.com10 Oct 2022

Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.

Dalit leader Udit Raj joins BJP

Dalit leader Udit Raj joins BJP

Rediff.com24 Feb 2014

Prominent Dalit leader Udit Raj joined the Bharatiya Janata Party on Monday which said it believed in inclusive growth and the welfare of the last man in the queue and accused Congress of causing disparity in the society during its rule.

'GST is not the only remedy for all economic ills'

'GST is not the only remedy for all economic ills'

Rediff.com21 Mar 2016

'It is important to improve the quality of spending.'

Faceless scheme: Changes that revenue officers want

Faceless scheme: Changes that revenue officers want

Rediff.com2 Sep 2020

Some of the proposals include redrafting transfer and placement policy for IRS officers, strengthening the cadre restructuring, rebranding of IRS, robust deputation policy and creation of encadred post in other ministries and government department.

India's slingshot moment

India's slingshot moment

Rediff.com3 Feb 2018

The transformational reforms like GST, Bankruptcy Code and recapitalisation of banks, Black Money Act, demonetisation, flexible inflation targeting and adoption of fiscal discipline (FRBMA), etc, have temporarily and purposefully pulled us back only to propel us forward with greater velocity, Rajiv Memani.

Karnataka agrees to CBI probe into Ravi's death

Karnataka agrees to CBI probe into Ravi's death

Rediff.com20 Mar 2015

Karnataka Chief Minister Siddaramaiah has been persuaded to agree to a Central Bureau of Investigation probe into IAS officer D K Ravi's death.

Love your dreams, live your dreams: Kohli to athletes

Love your dreams, live your dreams: Kohli to athletes

Rediff.com17 Feb 2017

India skipper Virat Kohli, on Friday, suggested country's athletes to have a firm belief in their dreams and work tirelessly to achieve those.

Modinomics Ain't Right. It's Hindu-Left

Modinomics Ain't Right. It's Hindu-Left

Rediff.com31 Jan 2022

It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.

Missing CCD owner's body found near Mangaluru river

Missing CCD owner's body found near Mangaluru river

Rediff.com31 Jul 2019

The 58-year-old businessman, who is also the son-in-law of former Karnataka Chief Minister SM Krishna, has been missing since Monday evening from Mangaluru.

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

Rediff.com22 Oct 2022

In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.

Return of the Licence Raj!

Return of the Licence Raj!

Rediff.com6 Mar 2018

Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.

'Economic rebound has run out of steam'

'Economic rebound has run out of steam'

Rediff.com9 Mar 2023

'When the average growth in the last three years was just 2.5%, how does that make us the fastest growing country?' 'They only tell you what has happened in the last 2 years; they are not taking into account what happened in FY21 on account of their mistakes.'

Confused about the Budget proposals? Please read this

Confused about the Budget proposals? Please read this

Rediff.com1 Mar 2015

Indian economy about to take-off

Modi wants India to break into the $5 trillion club

Modi wants India to break into the $5 trillion club

Rediff.com22 Jun 2018

Listing out the achievements of his government, he said the country has moved away from a culture of delaying work through 'atkana, latkana and bhatkana' (obstructing, delaying and misguiding).

Infosys faces NITI Aayog CEO's ire for MCA portal glitches

Infosys faces NITI Aayog CEO's ire for MCA portal glitches

Rediff.com24 Apr 2016

Company says faults, which were noticed soon after system upgrade on March 27, have been rectified

The growing tussle between the govt and CAG

The growing tussle between the govt and CAG

Rediff.com22 May 2022

In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.

More bad news: Vodafone Idea may get notice for licence fee delay

More bad news: Vodafone Idea may get notice for licence fee delay

Rediff.com20 Aug 2021

The Department of Telecommunications (DoT) is in the process of issuing a show-cause notice to Vodafone Idea (Vi) for delaying the payment of licence fee. Companies pay 8 per cent of their adjusted gross revenue as licence fee. This also includes a universal service obligation levy. The fee is collected from each of the 22 telecom circles in the country on a quarterly basis.

CAUTION! Fraudsters posing as tax officials dupe Indian Americans

CAUTION! Fraudsters posing as tax officials dupe Indian Americans

Rediff.com17 Feb 2014

The Indian-American community in the New York-New Jersey-Connecticut tristate area is being targeted by telephone fraudsters.

Clean energy cess to hike cost for power sector

Clean energy cess to hike cost for power sector

Rediff.com1 Mar 2015

Clean energy cess to hike cost for power sector.

The rift between Chidambaram, Pranab Mukherjee grows wider

The rift between Chidambaram, Pranab Mukherjee grows wider

Rediff.com3 Sep 2013

Congress MPs approach PM to protest against Chidambaram's public remarks on blaming Mukherjee for economic crisis.

Reading the signals from the TN tax raids

Reading the signals from the TN tax raids

Rediff.com22 Dec 2016

In private, AIADMK spokespersons say that the raid on Chief Secretary P Ramamohana Rao might be aimed at weakening the AIADMK, and demotivating the party from selecting/electing Jayalalithaa's confidante, Sasikala Natarajan, as her successor -- first as party head then possibly in the government, says N Sathiya Moorthy.

DoT engages with banks to find solution for telecom sector

DoT engages with banks to find solution for telecom sector

Rediff.com8 Aug 2021

The Department of Telecommunications (DoT) has initiated discussions with banks to address financial stress in the telecom sector, particularly Vodafone Idea Ltd (VIL) that urgently requires fund infusion to stay afloat. There was a meeting of DOT officials and senior bankers on Friday on the issue of Vodafone, sources said, adding that banks have been asked to look for a solution within the prudential guidelines. According to sources, senior officials from the country's biggest lenders State Bank of India and Bank of Baroda were also present among others in the meeting. More such meetings are expected to take place in the coming days, they said.

GST rates for cars, two-wheelers may be cut

GST rates for cars, two-wheelers may be cut

Rediff.com4 Sep 2020

The heavy industries ministersaid that the proposal for the auto scrappage policy was ready and all stakeholders have provided inputs, therefore its announcement was likely very soon.

US Supreme Court upholds key Obamacare tax subsidies

US Supreme Court upholds key Obamacare tax subsidies

Rediff.com25 Jun 2015

Shares of hospital operators, health services providers and insurers rallied broadly

How Governments Harm Job Creators

How Governments Harm Job Creators

Rediff.com21 Apr 2022

From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.

At TN officer, son's premises, I-T officials find Rs 30 crore, 5 kg gold

At TN officer, son's premises, I-T officials find Rs 30 crore, 5 kg gold

Rediff.com21 Dec 2016

The searches, they said, are related to the department's probe in the biggest haul of cash and gold in Chennai post demonetisation.

Union Budget likely to be presented on Feb 1

Union Budget likely to be presented on Feb 1

Rediff.com20 Sep 2016

The entire Budget-making exercise will be advanced by 3-4 weeks so as to complete the legislative part of financial business before April 1, the start of a financial year

How cash-starved Modi govt plans to prune expenditure

How cash-starved Modi govt plans to prune expenditure

Rediff.com28 Aug 2019

'If the current mood in North Block, headquarters of the finance ministry, is anything to go by, the government will now keep a closer watch on all kinds of schemes and projects undertaken by different central ministries. 'The next six months will determine which central schemes will have to be wound up and which ones will survive the axe,' says A K Bhattacharya.