News for 'Service Tax department'

'Like my father': Anchor amid row over IPS officer seen beating wife

'Like my father': Anchor amid row over IPS officer seen beating wife

Rediff.com29 Sep 2020

Purushottam Sharma, a 1986 batch IPS officer, was transferred following a viral video which showed him thrashing his wife, soon after she confronted him at the anchor's flat.

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

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 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.

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.'

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.

'The impact of El Nino is always a matter of concern'

'The impact of El Nino is always a matter of concern'

Rediff.com6 Jun 2023

'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'

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.

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.

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

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.

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.

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.

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.

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 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.

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.

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).

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.

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.

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.

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

Court verdict in Vodafone case will help Nokia, other cos: Prez

Court verdict in Vodafone case will help Nokia, other cos: Prez

Rediff.com14 Oct 2014

The order in favour of Vodafone is being considered significant because some domestic companies too are involved in similar transfer pricing cases.

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

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.

A charitable way: NGO sponsors civil service aspirants from minority community

A charitable way: NGO sponsors civil service aspirants from minority community

Rediff.com15 Jul 2015

The Zakat Foundation of India runs welfare initiatives for the destitute and helps with the education of poor students. Upasna Pandey/ Rediff.com discover the origins of this organisation

MCX-SX case: CBI to quiz SEBI chief, Damodaran

MCX-SX case: CBI to quiz SEBI chief, Damodaran

Rediff.com18 May 2014

The Central Bureau of Investigation (CBI) will soon quiz Securities and Exchange Board of India (SEBI) Chairman U K Sinha as well as former head of the regulatory body M Damodaran in connection with a Preliminary Enquiry (PE) to probe granting sanction to Jignesh Shah-founded Financial Technologies (India) and MCX-SX.

Hope to get nod for airline joint venture with SIA: Tata Sons

Hope to get nod for airline joint venture with SIA: Tata Sons

Rediff.com7 Oct 2013

The proposal of Tatas and Singapore Airlines for a new joint venture, entailing foreign investment of $49 million, is likely to come up before the Foreign Investment Promotion Board for approval on October 18.

FIPB to take call on Tata-Singapore Airlines deal on Oct 18

FIPB to take call on Tata-Singapore Airlines deal on Oct 18

Rediff.com8 Oct 2013

As per the FIPB agenda, the proposal will be taken up on October 18.

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 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.

We will see: SC on PIL seeking urgent hearing into govt's computer surveillance order

We will see: SC on PIL seeking urgent hearing into govt's computer surveillance order

Rediff.com3 Jan 2019

The Supreme Court said on Thursday that it will hear "as and when required" a public interest litigation challenging the government's notification authorising 10 central agencies to intercept, monitor and decrypt any computer system.

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.

Revamped GST rules cheer avaition sector

Revamped GST rules cheer avaition sector

Rediff.com13 Nov 2017

The revised structure will help to keep airfares down, when airlines already face a triple challenge of rising crude oil prices, rupee depreciation and constrained airport capacity.

'The change from pessimism to confidence is a major achievement'

'The change from pessimism to confidence is a major achievement'

Rediff.com5 Jul 2016

'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'

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.

'Compliance hassles would be lower with GST'

'Compliance hassles would be lower with GST'

Rediff.com28 Jun 2017

There is mutual invoice matching which ensures reason why GST was brought in first place, says Adhia.

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.

Deadline to link Aadhaar with welfare schemes extended to June 30

Deadline to link Aadhaar with welfare schemes extended to June 30

Rediff.com28 Mar 2018

The extension has been given as the government wanted to ensure that genuine beneficiaries who do not have an Aadhaar number are not denied benefits for the lack of the biometric identifier