News for 'Service Tax Department'

SC seeks Centre's reply on PIL against 'snooping' order

SC seeks Centre's reply on PIL against 'snooping' order

Rediff.com14 Jan 2019

The plea, filed by advocate Manohar Lal Sharma, termed the notification "illegal, unconstitutional and ultra vires to the law".

Bureaucratic rejig at Centre: New secys appointed

Bureaucratic rejig at Centre: New secys appointed

Rediff.com13 Dec 2019

The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.

Airlines warned against steep fares for flights to J&K, NE and Port Blair

Airlines warned against steep fares for flights to J&K, NE and Port Blair

Rediff.com30 Mar 2019

Jet has pulled out flights from Northeast states and also cancelled its Srinagar flight, leading to reduction in capacity.

Prasad, Tewari under a cloud over retainer service to Reliance

Prasad, Tewari under a cloud over retainer service to Reliance

Rediff.com19 Dec 2014

The Aam Aadmi Party has demanded the dismissal of Telecom Minister Ravi Shankar Prasad alleging a conflict of interest that has prevented him from issuing a notice to Mukesh Ambani's Reliance Jio on the 4G issue, a charge vehemently denied by Prasad who said he never gave advice or appeared for the company.

From North Block to Mint Street, Shaktikanta Das has traversed a long way

From North Block to Mint Street, Shaktikanta Das has traversed a long way

Rediff.com11 Dec 2018

From defending the shock announcement of demonetisation to spearheading the remonetisation drive that included the cumbersome process of printing and supplying new Rs 500 and Rs 2,000 notes, his calm composure brought a sense of serenity to an otherwise chaotic situation.

PMO steps into NuPower-Videocon-ICICI Bank controversy

PMO steps into NuPower-Videocon-ICICI Bank controversy

Rediff.com6 May 2018

Prime Minister's Office wants CBI and tax dept to identify the actual beneficiaries of the transactions made in India and abroad.

'Fighting coronavirus is a priority, so is giving timely salaries'

'Fighting coronavirus is a priority, so is giving timely salaries'

Rediff.com12 Apr 2020

'We will not compromise on it. We will not make any deferred payments or cuts.'

Govt to release Rs 20,000-cr GST dues to states

Govt to release Rs 20,000-cr GST dues to states

Rediff.com8 Apr 2020

Even with the Rs 20,000 crore distributed among states, it will still be a fraction of what they have been demanding in financial support and clearance of pending dues.

Exports may dip 5.8%, imports by 11.3% in H2 of 2020-21: Survey

Exports may dip 5.8%, imports by 11.3% in H2 of 2020-21: Survey

Rediff.com29 Jan 2021

The country's exports are expected to contract by 5.8 per cent and imports by 11.3 per cent during the second half of the current financial year, though implementation of several measures by the government would help support exports going forward, according to the Economic Survey 2021. With gradual recovery of economic activities, the survey said that imports and exports have picked up. During the first half of 2020-21 (April-September), exports dipped by 21.31 per cent to $125.25 billion while imports declined by 40 per cent to $148.69 billion.

Monsoon hope revs up rural car sales

Monsoon hope revs up rural car sales

Rediff.com25 Jul 2017

While Maruti leads with 30% volume growth, Hyundai sold 18,337 vehicles in rural markets during April-June

Is India's economy crashing?

Is India's economy crashing?

Rediff.com3 Jan 2020

'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.

Bihar struggles to pay the price of liquor ban

Bihar struggles to pay the price of liquor ban

Rediff.com16 Aug 2016

Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban

Why are govts out to de-fang FAANG?

Why are govts out to de-fang FAANG?

Rediff.com8 Jan 2021

So far, there seems to be limited debate about their activities in India, where virtually all FAANG companies have teamed up in different ways with India's most powerful businessman, observes T N Ninan.

US, India plan joint investment treaty for easing business

US, India plan joint investment treaty for easing business

Rediff.com26 Mar 2015

The US and India likely to sign a high quality bilateral investment treaty to create an enabling business environment.

Switzerland will share details of at least 50 Indian A/C holders

Switzerland will share details of at least 50 Indian A/C holders

Rediff.com16 Jun 2019

These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Several of these persons and their companies are said to be based in Kolkata, Gujarat, Bengaluru, Delhi and Mumbai.

'Arrest Chitra, find others involved in NSE scam'

'Arrest Chitra, find others involved in NSE scam'

Rediff.com22 Feb 2022

'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'

Fresh Panama Paper leaks: Accused deny allegations

Fresh Panama Paper leaks: Accused deny allegations

Rediff.com22 Jun 2018

The Panama Paper leaks were originally revealed by the International Consortium of Investigative Journalists on April 4, 2016, following which, the government had set up the MAG to probe the matter.

Only a govt job is considered real 'employment'

Only a govt job is considered real 'employment'

Rediff.com21 Feb 2019

'...because of its permanent nature.' 'If you work for the private sector or for yourself, you are not regarded as being employed,' points out T C A Srinivasa Raghavan.

Govt to create higher education financing agency

Govt to create higher education financing agency

Rediff.com2 Mar 2016

Entrepreneurship, education and training will be provided in 2,200 colleges, 300 schools, 500 government ITIs and 50 vocational training centres through massive open online courses.

Modi's efforts to usher reforms hits a roadblock

Modi's efforts to usher reforms hits a roadblock

Rediff.com17 Aug 2015

Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.

Govt may tweak manufacturing policy to make it investor friendly

Govt may tweak manufacturing policy to make it investor friendly

Rediff.com27 May 2014

At present, the NMP states a series of fiscal incentives, including tax sops, will be offered but only to small and medium enterprises.

Elon Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year

Elon Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year

Rediff.com30 May 2022

Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.

2017-18 divestment proceeds may exceed Rs 72,500 crore

2017-18 divestment proceeds may exceed Rs 72,500 crore

Rediff.com31 Oct 2017

For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.

Karti Chidambaram's office searched by ED

Karti Chidambaram's office searched by ED

Rediff.com16 Dec 2015

The Enforcement Directorate on Wednesday searched the office of Karti Chidambaram, son of former Finance Minister P Chidambaram, in connection with its probe against firms owned by his friends.

Don't treat tax payers as enemies: FM tells IRS

Don't treat tax payers as enemies: FM tells IRS

Rediff.com3 Mar 2011

He said assessees' "comfort zones" have to be significantly enhanced, even as deliberate evaders and offenders are punished.

IMF foresees India's GDP bouncing back to 7 pc next year

IMF foresees India's GDP bouncing back to 7 pc next year

Rediff.com23 Oct 2019

"We see the Indian economy rebounding from our projected 6.1 per cent growth this fiscal year to something like 7 per cent in the next fiscal year (2020). We see the factors that will support growth, including monetary policy stimulus, working their way through the pipeline," Jonathan Ostry, Deputy Director, Asia Pacific Department at the IMF, told reporters.

Can India sustain Rs 1-trillion monthly GST collection?

Can India sustain Rs 1-trillion monthly GST collection?

Rediff.com4 Dec 2020

Experts warn of over-interpreting the numbers and said their sustainability needed to be watched beyond November, says Indivjal Dhasmana.

Will the Modi govt get its divestment maths correct?

Will the Modi govt get its divestment maths correct?

Rediff.com26 Dec 2018

A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.

'Indian call centres stole $300 million from Americans'

'Indian call centres stole $300 million from Americans'

Rediff.com28 Oct 2016

The five Ahmedabad-based call centres that made calls to people living in the US are Hglobal, Call Mantra, Worldwide Solution, Zoriion Communications and Sharma BPO Services.

Inflation is under control: Arun Jaitley

Inflation is under control: Arun Jaitley

Rediff.com12 Jul 2015

Rain gods may be kinder; revenue collections going up: Jaitley

GST has transformed economy: PM in Mann Ki Baat

GST has transformed economy: PM in Mann Ki Baat

Rediff.com30 Jul 2017

He said it was not only a tax reform but 'is a measure that lends strength to the new culture of honesty'.

He got ex-UP CMs evicted from their homes

He got ex-UP CMs evicted from their homes

Rediff.com25 Jun 2018

'My passion remains pushing for probity in public life and I shall continue my fight,' S N Shukla tells Virendra Singh Rawat.

'Rishi you are going to be something one day'

'Rishi you are going to be something one day'

Rediff.com29 Oct 2022

'Rishi is brought up with Indian values -- Indian qualities like respect our parents, respect our uncles -- but he is more British.'

No deal to government on Lalitgate, says Congress

No deal to government on Lalitgate, says Congress

Rediff.com1 Jul 2015

The Congress on Wednesday dismissed as "totally baseless" and "mischievous" reports that it had offered a deal to government under which it was ready to support passage of GST bill in Parliament if it axed External Affairs Minister Sushma Swaraj and Rajasthan Chief Minister Vasundhara Raje in the wake of the Lalitgate controversy.

Taking stock of Budget promises

Taking stock of Budget promises

Rediff.com23 Feb 2015

Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.

IT website to get savvy

IT website to get savvy

Rediff.com10 Nov 2010

Taxpayers can now file their returns, grievances and matters related to vigilance online

Jobs, cash and other Indian headaches

Jobs, cash and other Indian headaches

Rediff.com8 Jan 2019

Is it time to take a relook at our economic theories? asks Ajit Balakrishnan.

All about getting corporate India GST-ready

All about getting corporate India GST-ready

Rediff.com21 Sep 2015

The time the companies have to get ready for GST is 6 to 12 months.

RBI likely to cut rates in September, GDP growth steady, says a poll

RBI likely to cut rates in September, GDP growth steady, says a poll

Rediff.com28 Aug 2015

Twelve of the 21 economists polled doubted whether the government could roll out the tax before the next fiscal year begins in April.