Several exit polls have given the BJP an edge over the AAP, which has been ruling in Delhi since 2015.
An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has "largely" received suggestions for "simplifying" the language, better "structuring" the provisions and enlarging the ambit of schemes like presumptive taxation, CBDT chairman Ravi Agrawal said Sunday. Speaking to PTI during a post-Budget interview at his North Block office, Agrawal said the panel also "studied" the deliberations and processes of countries like the UK, Australia and some others where a similar tax law simplification exercise was undertaken.
The ruling Jharkhand Mukti Morcha in Jharkhand wrote to the Election Commission on Friday night and demanded the suspension of internet services within 2 km radius of the counting centres, alleging that the Bharatiya Janata Party has deputed 'highly qualified' electronic experts from other states.
'Konkona just walked up, and both of us froze. She was tearing up, and I was like this is unbelievable.' 'We had Tannishtha Chatterjee, Divya Dutta, Rasika Dugal, Dia Mirza... women I've idolised.'
The counting of VVPAT slips aims to verify the tally of votes recorded EVMs against the corresponding VVPAT slips, the ECI said, adding that representatives of candidates were present throughout the process.
Aviation watchdog DGCA has issued a warning letter to Akasa Air's accountable manager Vinay Dube, who is also its founder and CEO, for regulatory lapses, days after the airline was warned for violating norms related to handling dangerous goods.
Reserve Bank Governor Shaktikanta Das said on Monday that fair and impartial auditing is essential for a resilient economy as it instils confidence among citizens. Addressing officers at the National Academy of Audit and Accounts, Das said that audit is important for the country as public expenditure decisions are based on these reports. Observing that there is a need to improve the quality and depth of audit, he said the Reserve Bank has taken a host of steps in consultation with the Institute of Chartered Accountants of India (ICAI) for improving the audit of banks and financial institutions.
'I believe India is very different from Bombay, Delhi and Kolkata.'
'A struggling actor once came to me and told me there's no work.' 'I said when there's no work, that's when you have a lot of work.' 'He said he didn't understand.' 'I explained that you have to keep reading, watching, writing, traveling.' 'It is like riyaaz for an actor.'
'When The Mehta Boys was offered to me, I wasn't very sure.' 'I was doing Bambai Meri Jaan and Khakee at that point. I felt I should do something bigger.' 'I felt a soft film is not what I would want to do.'
The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.
The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.
During 2023-24, while the BJP received over Rs 723 crore worth of donations from Prudent Electoral Trust, it also got over Rs 127 crore from Triumph Electoral Trust and over Rs 17 lakh from Einzigartig Electoral Trust.
'But when we actually express ourselves, sometimes our parents can surprise us, because they just love their children.' 'Sometimes it's just that simple. That is what I wanted to show in this film.'
He said that as compared to global models costing 2.5 to 3 US dollars per hour usage, India's AI model will cost less than less than Rs 100 per hour (1.16 US dollars per hour) after 40 percent government subsidy.
Chief Election Commissioner Rajiv Kumar has asserted the integrity of India's electoral process, stating that no discrepancies have been found between the votes counted on electronic voting machines (EVMs) and Voter Verifiable Paper Audit Trail (VVPAT) slips. Addressing concerns about mismatches in polling figures, Kumar attributed the issue to limitations in the data reported by the Voter Turnout Reporting (VTR) app, which excludes postal ballot votes. He emphasized the robust mechanisms in place to ensure accuracy, including reconciliation of every vote with Form 17C and thorough review of any minor errors. Kumar highlighted that the Election Commission rigorously follows guidelines for all aspects of the electoral process, including electoral rolls and machine handling.
The US unit of PwC will lay off about 1,800 workers, marking its first formal job cuts since 2009 as the company seeks to restructure its technology group. This comes amid a slowdown in demand for some of its advisory business, according to a Wall Street Journal report. Half of the anticipated layoffs will target offshore positions, impacting a wide range of employees from associates to managing directors.
Byju's audit firm BDO had suggested backdating of reports, which the company refused, and their resignation is more of optics, a top official of the edtech firm alleged on Saturday. Speaking on the resignation of BDO as its audit firm, Byju's CEO Byju Raveendran told PTI that the auditors are the first to know about insolvency proceedings but they did not inform about it to the court-appointed insolvency resolution professional (IRP). "They have asked us to do multiple backdating of reports.
The founder of FIITJEE and 11 others have been booked after several of the coaching institute's centres in Delhi-NCR abruptly shut down, leaving students and parents in the lurch. FIITJEE has blamed the closures on "mismanagement and desertion" by managing partners, while students and parents allege non-payment of salaries and fraudulent practices. The institute claims it is pursuing legal action against competitors for alleged poaching of its faculty.
Aviation watchdog DGCA on Thursday decided to place crisis-hit SpiceJet under enhanced surveillance that will entail increased spot checks and night surveillance to ensure safety of the airline's operations. Based on reports of cancellation of flights and financial stress being experienced by SpiceJet, DGCA said it conducted a special audit of the airline's engineering facilities on August 7 and 8 and certain deficiencies were found during the audit.
'I want to break the notion that models can't act.'
The West Bengal government has suspended 12 doctors of Midnapore Medical College and Hospital for negligence following the death of a woman and four others falling ill after childbirth. The incident is alleged to have been caused by the administration of 'expired' intravenous fluid. Chief Minister Mamata Banerjee announced a compensation of Rs 5 lakh and a government job to the family of the deceased woman.
The majority of crypto investors in the country have invested in mainstream virtual digital assets (VDAs) such as Bitcoins, altcoins like Dogecoin, Shiba Inu, and Ethereum, followed by non-fungible tokens (NFTs) and stablecoins, a compilation of year-end reports of crypto majors CoinDCX and CoinSwitch revealed. The crypto exchange platform CoinDCX reported that 14.6 per cent of total investments on its platform were allocated to Bitcoin, while CoinSwitch saw the share of the VDA at 7 per cent.
'The Zomato delivery guy wants to click a picture with you.' 'My car has gone for servicing so I ended up going in rickshaws and they recognise me from ads.' 'When I'm walking my dog, people stop by and say, "Oh, we loved you in Bigg Boss.' 'I was shooting for Housefull in a village and there, people were coming over and clicking pictures with me.'
'I am a very poor man. My family has nothing to eat sometimes.'
'There is simply too much to watch, read and absorb.' 'Just online consumption (news, entertainment, social media) in India was 2.5 hours a day in November 2024.' 'Add TV (just under 4 hours), other media, and the figure is closer to 7 to 8 hours a day for over one-third of Indians,' points out Vanita Kohli Khandekar.
Markets regulator Sebi has empanelled as many as 16 entities -- including BDO India, Ernst & Young and Deloitte Touche Tohmatsu India -- for conducting forensic audits of financial statements of listed companies as part of efforts to curb frauds. The other empanelled entities are -- Chaturvedi & Co, Chokshi & Chokshi LLP, Grant Thornton Bharat LLP, Haribhakti & Co. LLP, KPMG Assurance And Consulting Services LLP, Mukund M Chitale & Co and Protiviti India Member Pvt Ltd, according to a public notice. In addition, Rajvanshi & Associates, Ravi Rajan & Co LLP, SKVM & Company, Suresh K Jha & Co, T R Chadha & Co LLP and V Singhi & Associates have been selected to conduct the forensic audits, it added.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
'I have no idea why I was so many film-makers' choice for Jinnah. I assume it is because I was born and bred in Mumbai and speak English.' 'There's also my name, people tend to believe that a Muslim character can best be played by a Muslim actor.'
'There has been a spurt of algo platforms, and algo developers, which are neither empaneled nor regulated, but are still active in the ecosystem.'
'You're going to have your own journey and that can be very beautiful.' 'It can also be very terrifying because there is no precedence.'
About 1.2 trillion tax evasion cases have been detected and as many as 59,000 entities identified for verification in order to ascertain whether they are fake.
The Enforcement Directorate (ED) on Friday raided the premises of businessman Raj Kundra, the husband of actor Shilpa Shetty, and some others as part of a money laundering case linked to alleged distribution of pornographic content. Around 15 locations in Mumbai and Uttar Pradesh are being searched. The probe pertains to the role of suspects in alleged distribution of pornographic content through mobile applications and other modes.
Candidates from the Maha Vikas Aghadi (MVA) opposition alliance in Maharashtra have decided to seek verification of the EVM-Voter Verifiable Paper Audit Trails (VVPATs) units in their segments, following their defeat in the recent assembly polls. The move comes after several losing candidates, including those from the Shiv Sena (UBT), alleged that the Electronic Voting Machines (EVMs) might have been tampered with. The MVA, comprising the Shiv Sena (UBT), Congress, and NCP, lost to the Mahayuti coalition, which includes the Shiv Sena, BJP, and NCP. The MVA candidates are seeking verification based on a Supreme Court ruling that allows for checking the burnt memory/microcontroller in 5% of EVMs after the announcement of results.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
The Supreme Court on Wednesday declined a plea filed by Padmanabhaswamy Temple Trust seeking to exempt it from the audit of 25 years as ordered by the top court last year.
'People think that because there are so many OTT platforms, roles should just fall into your lap. That's not true at all.'
When I go to act in a film, I don't think of the journey.'
'These machines are standalone devices with no external connectivity, making hacking impossible. The chip in EVMs is one-time programmable, ensuring no changes can be made. Strict security and administrative protocols further prevent any tampering'
Mumbai, home to 1 crore voters and 420 candidates vying for 36 assembly seats, is gearing up for the Maharashtra Assembly elections on November 20. The Brihanmumbai Municipal Corporation (BMC) has completed all preparations for smooth conduct of the polls, ensuring a robust security arrangement and dedicated facilities for senior citizens and differently-abled voters. The BMC has also urged citizens to exercise their franchise, emphasizing the importance of active participation in strengthening democracy.
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