The tax department is on a spree to ensure more taxpayers in the country use the PAN card.
The Department of Telecom, Department of Industrial Policy and Promotion, Ministry of Home Affairs, Ministry of External Affairs and the Department of Economic Affairs had to give their comments on the proposal, sources said.
Political parties united to accuse Bhagwant Mann, a lawmaker from AAP, of compromising Parliament security.
The Rs 5,600-crore (Rs 56 billion) NSEL scam could have been averted had its top management and other functionaries "performed their duties and exercised due diligence" to check the dubious activities of defaulting firms which have been alleged to have cheated numerous investors, investigation by Enforcement Directorate (ED) has revealed.
In order to attract inflow of foreign currency, the Reserve Bank on Tuesday simplified rules governing investments by non-resident Indians (NRIs) portfolio investments like equities and debt.
A woman who sleeps with a man she just met signals that she has low self-esteem or that she is actually only using him for sex, says Solene Paillet.
'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.
As many as 30 sub-groups and committees worked tirelessly to devise rules and laws as well as fix tax rates for over 1,200 goods and services.
Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.
While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
New government should consider reforming taxation rules.
RPTs are globally recognised as an important component of the ease of business index.
Sources indicated defence and national security initiatives.
India could allow global online retailers such as Amazon.com Inc to sell their own products as early as next month, removing restrictions that could boost competition in one of the world's biggest, and most price-sensitive, retail markets.
A day ahead of the nationwide protests planned by the opposition against demonetisation, Prime Minister Narendra Modi defended the move and warned unscrupulous people using the Jan Dhan accounts of the poor to launder their black money of strict action.
Electricity has also been kept out of the GST ambit.
No sooner had the House paid its respects to the nine persons who laid down their lives 17 years back when terrorist attacked the Parliament House complex and the listed papers presented, members belonging to the All India Anna Dravida Munnetra Kazhagam and Dravida Munnetra Kazhagam trooped into the well of the House shouting slogans.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.
Don't reveal any information to strangers.
Database to contain taxable financial transactions and history of any tax-paying individual.
As we find ourselves batting on a sticky wicket, every ball needs to be played on merit, says stockmarket wizard Motilal Oswal.
The Foreign Investment Promotion Board (FIPB) on Monday deferred a decision on Vodafone's Rs 10,141 crore (Rs 101.41 billion) proposal to buy out minority shareholders in its Indian arm as the Ministry of Home Affairs is yet to give its comments.
'We should build a military with the capability to fight today's war on priority -- balancing it with the requirements of the future,' says Lieutenant General Anil Chait, one of the Indian Army's most cerebral thinkers who recently retired as chief of the Integrated Defence Staff, in his agenda for the new defence minister.
The tax computation compares the original cost, along with the stock value on January 31, and grants benefit of the higher of the two.
India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers.
Telecom Regulatory Authority of India Chairman Rahul Khullar said insurance companies have asked for 4-6 weeks to deal with unsolicited commercial call or SMS.
The exemption from MAT does not apply retroactively.
The Congress has convened a CLP meeting on Friday ahead of budget presentation and warned its MLAs that absence would invite action under the Anti-Defection Law.
Compared to their Indian peers, MNCs have higher return ratios.
As China begins rejuvenation of its military power, there is an urgent need for transformation of the Indian military, says Lieutenant General Anil Chait (retd).
The opposition stalled proceedings in the Rajya Sabha on Wednesday over a repeated demand that Prime Minister Narendra Modi be called to the Upper House to make a statement on the conversion row that has hogged national headlines for the past few days.
Protests by various opposition parties have led to a near washout of both houses in Parliament.
Amazon's fulfilment centres, which store products of hundreds of vendors selling on the American online major's platform, are being cited by Karnataka state government authorities as a primary concern in an ongoing tax dispute.
Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.
'It may sound like sacrilege, but does it really matter if the global raters downgrade India for fiscal slippage?' asks Tamal Bandyopadhyay.
Two weeks ahead of October 1 deadline, Sebi likely to relax certain conditions.
While Rajya Sabha Chairman M Venkaiah Naidu asked the protestors not to make the House a "clog in the wheel" of progress, Lok Sabha Speaker Sumitra Mahajan said they should keep in mind the larger interests of the nation.
Sebi's main contention against brokers is that the NSEL was offering paired contracts and they were forward contracts, which were "illegal".
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.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances