News for 'US Internal Revenue Service'

Not including petroleum against spirit of GST, say experts

Not including petroleum against spirit of GST, say experts

Rediff.com17 Dec 2014

The constitution amendment Bill on a national GST is likely to be tabled in the current session of Parliament. However, the government is not confident of passing the Bill this session.

CBI case may be GVK chief's biggest test yet

CBI case may be GVK chief's biggest test yet

Rediff.com10 Jul 2020

Real estate development on Mumbai airport land and the work on Navi Mumbai airport have been inordinately delayed, which have prompted rating downgrades and raised questions on its financial capabilities. It is also trying to stave off Adani group's entry as a shareholder in the Mumbai airport project.

India Inc sees worst profit growth in 10 quarters

India Inc sees worst profit growth in 10 quarters

Rediff.com1 Jun 2016

If financials and oil sectors were removed, India Inc has done quite well.

Bharti, UK govt consortium win bid for bankrupt satellite firm OneWeb

Bharti, UK govt consortium win bid for bankrupt satellite firm OneWeb

Rediff.com3 Jul 2020

While Indian telecom czar Sunil Mittal's Bharti did not share deal details, UK Business Secretary Alok Sharma said his government and Bharti Global, will provide $500 million each.

'GST structure is complex'

'GST structure is complex'

Rediff.com12 Mar 2015

A well-functioning GST will enhance tax compliance and boost growth: IMF

How ITC Infotech plans to boost digital capabilities

How ITC Infotech plans to boost digital capabilities

Rediff.com24 Jul 2017

ITC Infotech looks to buy 'sub-$50 mn' firms

How Delhi's IGI airport is gaining from public-private partnership

How Delhi's IGI airport is gaining from public-private partnership

Rediff.com6 Jun 2016

From a dismal Airport Service Quality ranking of 101 in 2006, it topped the list in 2016.

States will get to levy additional taxes on top of 28% GST on petrol, diesel

States will get to levy additional taxes on top of 28% GST on petrol, diesel

Rediff.com29 Jun 2018

'If petro products are brought into GST, then there will be minor impact on the incidence of tax... and minor impact on prices. The price of petrol, diesel will continue to be driven by global factors'

GMR's Male airport under tax audit cloud

GMR's Male airport under tax audit cloud

Rediff.com26 Apr 2011

The Maldives inland revenue authority is known to be working on the documents after the income to the tax department received was less than expected.

10 stocks most likely to make investors RICH!

10 stocks most likely to make investors RICH!

Rediff.com11 Feb 2019

From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.

IndiGo, SpiceJet stare at huge Q1 losses

IndiGo, SpiceJet stare at huge Q1 losses

Rediff.com8 Jul 2020

Experts expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion for SpiceJet in Q1FY21 driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs.

Govt 'extorting' people with fuel price hikes: Sonia

Govt 'extorting' people with fuel price hikes: Sonia

Rediff.com29 Jun 2020

She charged the government with profiteering at the expense of the people, saying its duty was to help them in times of crisis and not make profits out of their hard-earned money.

Covid has taken sheen off India's most exclusive clubs

Covid has taken sheen off India's most exclusive clubs

Rediff.com28 Oct 2020

Few of these highly sought-after socialising and networking hubs are seeing much activity as regulars are missing in action.

Tim Cook sees huge opportunities for Apple in India

Tim Cook sees huge opportunities for Apple in India

Rediff.com2 May 2018

He noted that the infrastructure in India has come 'quite a ways' since Apple began to put a lot of energy in the Indian market 'because of their leadership and so forth.'

AI to soon conclude lease of 5 Airbus A-320 planes

AI to soon conclude lease of 5 Airbus A-320 planes

Rediff.com2 Apr 2014

The national carrier's capacity is expected to grow by 9.2 per cent with the addition of six more Boeing 787 Dreamliners to the fleet, they said. As of February this year, the airline has 13 Dreamliners in its fleet out of a total order of 27.

Wipro inks $1.1bln IT deal with ATCO; pays $195mln for IT arm

Wipro inks $1.1bln IT deal with ATCO; pays $195mln for IT arm

Rediff.com18 Jul 2014

ATCO's subsidiary, ATCO I-Tek, will become a part of Wipro after the closure of the deal, which is expected to be completed in this quarter.

PE/VC investments in pharma cos cross $1 bn mark

PE/VC investments in pharma cos cross $1 bn mark

Rediff.com6 Oct 2020

Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.

Centre opens 10 joint secy level posts for 'outstanding individuals'

Centre opens 10 joint secy level posts for 'outstanding individuals'

Rediff.com10 Jun 2018

The initiative is being called lateral recruitment to senior positions in the government.

10 large caps for good returns in 2021

10 large caps for good returns in 2021

Rediff.com15 Jan 2021

Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.

How The Pandemic Affected Puja

How The Pandemic Affected Puja

Rediff.com11 Oct 2021

The estimated size of the Durga Puja economy could be about Rs 2.75 trillion in 2021 had there been no pandemic, points out Atanu Biswas.

'Headcount addition not an indicator of growth'

'Headcount addition not an indicator of growth'

Rediff.com29 Jan 2019

'The increasing mix of fixed price contracts is helping us improve productivity by bringing in more automation.'

IMF's Gita Gopinath bats for infra investment in Budget

IMF's Gita Gopinath bats for infra investment in Budget

Rediff.com27 Jan 2021

Ahead of India's annual budget presentation next week, IMF's chief economist Gita Gopinath has favoured the extension of the pandemic support measures, thrust on investment in infrastructure and expanding health sectors programmes like Ayushman Bharat, and a very credible divestment path for commercially viable companies. The Indian government has provided a lot of schemes for small and medium enterprises, most of which is in the form of liquidity support, Gopinath told PTI on Tuesday. "And you want to revisit it and see how effectively that is working and see whether additional support may need to be provided," she said while responding to a question on her recommendations to Finance Minister Nirmala Sitharaman, ahead of her presentation of the annual Union Budget on February 1. It would be a good time for banks and Non-Banking Financial Companies (NBFCs) to raise capital given the attractiveness of financing conditions at this point, she said.

The Income Tax officer who won a Shaurya Chakra

The Income Tax officer who won a Shaurya Chakra

Rediff.com1 Mar 2018

Captain Pradeep Shoury Arya is an Income-Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra.

Cisco's John Chambers invests in Lucideus; eyes IoT space in India

Cisco's John Chambers invests in Lucideus; eyes IoT space in India

Rediff.com30 Oct 2018

According to sources, Chambers has led the $5-million funding round via his investment firm JC2 Ventures

Star-studded economic panel marks Stalin's break with past

Star-studded economic panel marks Stalin's break with past

Rediff.com22 Jun 2021

Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.

Foreign carriers under lens for 'tax evasion'

Foreign carriers under lens for 'tax evasion'

Rediff.com27 Jul 2015

An inquiry has been initiated by Directorate General of Central Excise Intelligence officials against these airlines.

RIM, the next big thing in Indian IT sector

RIM, the next big thing in Indian IT sector

Rediff.com1 Apr 2015

RIM is expected to account for 43% of incremental IT services revenue growth

Tamil Nadu and the forgotten clamour for prohibition last election

Tamil Nadu and the forgotten clamour for prohibition last election

Rediff.com29 Apr 2021

If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the courts, the answer lies in how the state has been evolving and changing these past few years, says N Sathiya Moorthy.

Hackathon major plans to set up US ops in 2019

Hackathon major plans to set up US ops in 2019

Rediff.com8 Dec 2018

While HackerEarth has clients and developers globally, the US consists more than a third of the revenue stream, and plans to ramp it up to 60 per cent of the total share.

Revealed: Modi's plans for the economy

Revealed: Modi's plans for the economy

Rediff.com3 Aug 2020

he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.

We will recover from second quarter: N Chandrasekaran

We will recover from second quarter: N Chandrasekaran

Rediff.com18 Apr 2014

TCS MD talks about demand environment, margin outlook and the growing number of its employee base.

Despite Jet crisis, domestic air traffic set for double-digit growth again

Despite Jet crisis, domestic air traffic set for double-digit growth again

Rediff.com19 Aug 2019

One reason is that airlines have ramped up capacity and expanded their presence in tier-II markets. The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown.

GST rate will be much more diluted than 27%: Jaitley

GST rate will be much more diluted than 27%: Jaitley

Rediff.com6 May 2015

The final rate will be worked out by the GST Council, Finance Minister Arun Jaitley said on Wednesday.

Air India may be unable to sustain operations

Air India may be unable to sustain operations

Rediff.com18 Dec 2019

Air India is seeking government approval to raise a Rs 2,000 crore loan and refinance $819 million aircraft debt, which would help tide over the financial crisis.

EXPLAINED! How runaway fuel prices affect Indian economy

EXPLAINED! How runaway fuel prices affect Indian economy

Rediff.com21 Sep 2018

The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.

Who should be the next chairman of Tata Sons?

Who should be the next chairman of Tata Sons?

Rediff.com25 Oct 2016

Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.

Bollywood 2021: J to Q RECAP

Bollywood 2021: J to Q RECAP

Rediff.com31 Dec 2021

Here's the second part of guide to a year that will soon become history.

Would you pay Rs 1 lakh for your child's study trip?

Would you pay Rs 1 lakh for your child's study trip?

Rediff.com2 Jan 2017

Schools adopt international curriculum, that requires increased number of non-classroom experiences.

NLD rate cut impact: details sought

NLD rate cut impact: details sought

Rediff.com14 Nov 2005

Lakshadweep administrator has Modi's ear, and trust

Lakshadweep administrator has Modi's ear, and trust

Rediff.com16 Jun 2021

Given Narendra Modi's trust in him, Praful Khoda Patel is unlikely to back down in Lakshadweep.