As part of the ritual, ''halwa'' is prepared in a big ''kadhai'' (large frying pot) and served to the entire staff involved in the Budget making exercise of the ministry. Halwa was served while maintaining COVID protocol with all present in mask and those distributing sweets were wearing gloves.
After the GST Council's meeting in March, the Centre had sought views from Attorney General K K Venugopal -- who is the chief legal officer of the government -- on the legality of market borrowing by the council to make good any shortfall in the compensation fund. The AG in his view said there is no obligation on the central government to pay the GST compensation shortfall, according to the sources.
India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for Rs 10,247 crore in back taxes from Cairn Energy Plc -- the second time in three months that it has refused to accept an international award against retrospective tax.
The snooping row surrounding Bharatiya Janata Party leader Arun Jaitley appears set to explode into a bigger controversy after the main conspirator reportedly claimed that attempts were made to access the call detail records of over 60 persons, including that of top BJP leaders.
Private detective Anurag Singh, the alleged main conspirator arrested in connection with the attempt to access call details of Bharatiya Janata Party leader Arun Jaitley, was on Tuesday remanded in judicial custody by a Delhi court.
A Delhi court on Thursday granted bail to four accused arrested in connection with Bharatiya Janata Party leader Arun Jaitley phone-tapping case.
India on Tuesday recalled three diplomats stationed at its high commission in Islamabad after their identities were made public and Pakistan charged them with "spying".
The ruckus began during the procedure for the introduction of the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020.
'I am 51 now. I think I can do action till 56.' 'After that, God knows.'
Pacers Anand Rajan and Ishwar Pandey shared six wickets between them as Madhya Pradesh registered a comfortable five-wicket win over Uttar Pradesh in their limited-overs Vijay Hazare Trophy Central Zone match, in Indore on Friday.
Plan C Studios will also be producing films being helmed by various directors!
The hits and misses of the week.
The GST Council, headed by Finance Minister Nirmala Sitharaman and comprising representatives of all states and Union territories, will have its 37th meeting in Goa against the backdrop of economic growth hitting a six-year low of 5 per cent in the first quarter of the current fiscal.
2019 had as many as 17 films in the Rs 100/200/300 crore clubs. What's even more remarkable is that 10 directors made their debut in this elite club, something totally unprecedented.
GST collections in March slipped below the psychological Rs 1 lakh crore-mark for the first time in four months to Rs 97,597 crore as the Covid-19 lockdown that shut most businesses compounded tax collection woes in an already sluggish economy. Goods and Services Tax (GST) mop-up in March recorded a 8.4 per cent decline over March 2019 collection of Rs 1.06 lakh crore. The collections were lower on account of dip in revenues from domestic transactions as well as imports.
The hits and misses of the week.
Even with the possible expenditure roll-overs and off-budget financing, the fiscal deficit target will not be met. The FRBM Act, after its amendment in 2018, allows a fiscal deficit slippage of not more than 0.5 per cent for any given year, provided there are justifications. These justifications include war, national security, severe collapse in the agriculture sector, a major natural calamity, big structural economic reforms, or the decline in real output growth of a quarter by at least 3 percentage points below its average of the previous four quarters.
This is a moment when the leaders at the Centre and states must show true leadership for the sake of the country. And it is the top political leaders, not attorney generals or bureaucrats, who should be sitting together and settling this thorny issue of compensation, says Arvind Subramanian, former Chief Economic Adviser to the Government of India.
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
The Opposition accused the government of bringing a populist budget.
They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.
Anurag Singh opens up about the Shahid Kapoor-Rani Mukherji starrer and it's reception at the Toronto International Film Festival.
'Kesari devotes a significant chunk of its script to brandish Akshay's might as the dauntless, magnanimous, Sardar, Havildar Ishar Singh.' 'To his credit, the actor is a picture of restraint and righteousness as the worldly-wise Sardar on a mission,' notes Sukanya Verma.
Some films have done predictably well at the box office while others have emerged as surprise hits.
Ikhlaq's daughter, Shaishta, has been made the prime witness in the case.
Raqeeb might not be a unique tale, but has enough twists to keep you hooked.
The bill provides for severe punishment ranging from 1 year to 10 years and pecuniary fines ranging from Rs 2 lakh to Rs 50 crore to act as deterrent.
From 50 stores Vimal Textiles aims to have 150 in 3 years.
The Dawn reported that the alleged Indian intelligence personnel, whose cover was blown off in the media leak include commercial counsellor Rajesh Kumar Agnihotri, first secretary, press and culture Balbir Singh, first secretary, commercial Anurag Singh, visa attache Amardeep Singh Bhatti, visa assistants Dharmedra, Vijay Kumar Verma and Madhavan Nanda Kumar, and assistant, personnel welfare office Jayabalan Senthil.
Tension spread to nearby areas of Bishada village in Dadri on Monday after meat pieces were found in an adjoining village even as the district magistrate decided to further restrict entry of visitors to the troubled spot and examine statements made by controversial BJP MLA Sangeet Som during his visit to the area.
In this year's budget, Finance Minister Nirmala Sitharaman hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.
Aslam Hunani/Rediff.com gives the lowdown on the 59 seats spread across seven states and one Union territory going to polls in the last and final phase of the 2019 Lok Sabha elections on May 19, 2019.
Anurag Singh and Rupesh Singh, members of Munna Bajrangi gang, were killed near Chandan cinema in suburban Juhu.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances