A road map could be laid out for a gradual reduction in the tax rates from the current incidence of about 62-94 per cent without causing a major blow to the revenues of the Centre and the states. The opportunity arising out of higher GST collections should not be squandered, says A K Bhattacharya.
The Reserve Bank of India has told banks not to levy penal charges for non-maintenance of minimum balances in any inoperative account.
Ever thought where the coins collected by security forces during the opening ceremony and other events of the Commonwealth Games in Delhi would go? Coins of Rs 1, 2, 5 and 10 (most of them from foreigners) worth lakhs were on Sunday collected by Delhi police personnel involved in security related duties for the opening ceremony at the Jawaharlal Nehru Stadium while frisking and they were treated as 'unclaimed'.
A timely detection by an alert roadside ice-cream vendor helped cops to save a crowded locality in the main business hub in Guwahati city on Thursday night from the impact of a powerful bomb blast triggered by suspected militants from the outlawed National Democratic Front of Bodoland.
The mystery surrounding the disappearance of senior CPI(M) leader and its central committee member W R Varadarajan was on Sunday resolved with the recovery of his body from a lake and police suspect he may have committed suicide.
The goods, including jewellery, blackberry phones, foreign and Indian currency, expensive watches, laptops and I-pods, shoes and jackets, were found at the domestic and international terminals.
The income tax department will recommend de-freezing of about 100 demat accounts after it found the claims of a few individuals in the frozen accounts to be genuine.
A special court has allowed the police to dispose off approximately 24 kg of RDX recovered from the 26/11 Mumbai attack target spots.The RDX will be burnt in a controlled atmosphere in the presence of a Magistrate, crime branch sources said, adding that the trial court had given permission to go ahead with the disposal.The seized explosive was placed before the court as evidence, according to Special Public Prosecutor Ujjwal Nikam.
The police have sought permission from a special court to dispose of around 24 kg of RDX recovered from the 26/11 target terror target spots in Mumbai.
The step, the regulator said, is expected to bring uniformity in the manner of declaring dividend amongst listed companies. At present, a company can declare dividend as a percentage of face value of the share or in rupee per share, independent of the face value.
A number of accounts were lying idle since 2007 and no transactions were being carried out in them for almost two years.
Now that the anti-terrorist operations at the Taj, Trident, and Nariman Bhavan have ended, rediff.com spoke to hospital officials to find out the status of the dead.
S Sreedhar has given a dignified final farewell to 600 abandoned bodies in the past 24 years. Continuing our series on Extraordinary Indians.
Security personnel at the Indira Gandhi International Airport in New Delhi on Tuesday went into a tizzy after a bomb threat call was received by an airline at its airport office.
A country-made pistol and a threat letter against Kanhaiya Kumar were recovered from a bus operating between an ISBT and JNU campus.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
All but one of the 146 people who were killed in the stampede at Naina Devi temple in Himachal Pradesh were identified and their bodies handed over to relatives on Monday. The highest number of dead -- 60 -- are from Patiala district of Punjab, officials said. While 15 pilgrims from Haryana lost their lives, the number of dead from Himachal Pradesh was ten.
Barring an empty unclaimed hand bag, nothing was found in the search which went on for three hours
The city was rattled by a string of hoax calls about bombs being planted at several crowded places.
A top CISF official said the device resembled a low-intensity IED. It was taken away from the airport in a bomb disposal unit vehicle and defused at Kenjaru ground in a controlled-explosion by keeping the unclaimed laptop bag in sand-packs.
"The BCCI might think that they have escaped from implementing the recommendations but they are completely wrong."
As per the reply, an amount of Rs 1207,35,54,334.23 is lying idle with banks spread across India. This unclaimed amount belongs to 1,74,38,100 account holders. According to the reply given by the RBI, quantum of unclaimed deposit is highest in the rural regional banks category. It comes to an amount of Rs 1156,98,70,277.68.
'We're faceless while we're alive, invisible when we die.'
The Padma Vibhushan for this year has been awarded to a total of seven prominent personalities, while 16 have been given the Padma Bhushan, 118 have been given the Padma Shri on the 71st Republic Day this year, they said.
An anonymous telephone call claimed that a bomb had been placed at Dadar railway station in central Mumbai, but it turned out to be a hoax.
The police initially thought that Bodo militants were behind the attack. Later on they pinned the responsibility on United Liberation Front of Asom.
A phone call that a bomb had been kept in a school for the visually challenged in Nizamuddin area in south Delhi sent police into a tizzy.\n\n
The Mumbai police on Thursday night denied there was any explosive in an unclaimed parcel found in Mumbai Central railway station.\n\n\n\n\n\n\n\n
The 'Smart Cities' project is one that has faced many hurdles.
'We cannot have bodies putrefying in water.' 'This is a health hazard and it can create a very inflammatory situation.'
EPFO has allotted Universal Account Number (UAN) for portability and consolidation of all previous accounts.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.
With the widespread use of new technologies, inter-connectedness and dependency, newer risks, threats and vulnerabilities have emerged.
It is strange that the wealthy evade taxes even though the marginal utility of the money saved amounts to little and tax rates in countries, including India, have dropped
Finance Minister Arun Jaitley said political parties will be entitled to receive donations by cheque or digital mode from their donors.
The Congress, which described the note ban decision as the "biggest scam" and "the largest government-abetted money laundering scheme", has asked all its state units to organise protests, processions and marches to mark the day.
If your account is idle for over five years, there could be issues with acquiring EPF details.
