Shruti Sharma, a student of history, has topped the civil services examination 2021, with the first three rank holders being women in results announced by the Union Public Service Commission (UPSC) on Monday.
Shruti Sharma, a student of history, has topped the civil services examination 2021, with the first three rank holders being women in results announced by the Union Public Service Commission (UPSC) on Monday.
The 47th GST Council meeting that is currently underway is slated to discuss a host of issues, including a mechanism for compensating states for revenue loss, tax rate tweaks in some items and relaxed registration norms for small online suppliers. Further, the meeting of the Council, chaired by the Union Finance Minister Nirmala Sitharaman and comprising state counterparts, will also clear levying the highest tax of 28 per cent on online games, casinos and horse racing, besides, measures to curb tax evasion, especially devising ways to tackle high-risk taxpayers in GST. "The meeting is being chaired by Hon'ble Union Minister of Finance @nsitharaman and many important decisions are expected to be taken at the meet," PIB Chandigarh tweeted.
The suit, filed by Hindu Sena president Vishnu Gupta, has sought direction to the authorities concerned to stop the publication, circulation, and sale of the book Sunrise Over Ayodhya for allegedly hurting the sentiments.
The Securities and Exchange Board of India (Sebi) has cleared the draft red herring prospectus (DRHP) of the state-owned Life Insurance Corporation of India (LIC). According to investment banking sources, the so-called final observations were issued by the market regulator on Tuesday evening. Following the market regulator's nod to the IPO papers, the insurer can launch its share sale. However, LIC may not launch its IPO immediately given the current volatile market conditions.
Amid demands from a section of right-wing organisations for 'bulldozer'-kind of action to those involved in the Hubballi violence, Karnataka Chief Minister Basavaraj Bommai on Tuesday said those involved in the incident will be tried as per the existing laws.
Addressing a joint press conference in Guwahati, Assam Chief Minister Himanta Biswa Sarma and his Meghalaya counterpart Conrad Sangma said border committees set up earlier to hammer out solutions will submit their reports by November 30.
The Reserve Bank of India's (RBI's) recent decision to allow credit cards for payments through the Unified Payments Interface (UPI) is likely to attract a merchant discount rate (MDR), said a top payment industry source. For smaller merchants, a subsidy for MDR could be provided. "With credit card-UPI linkage, UPI will not only be a payment instrument but also a lending platform. "How can banks lend without a commercial model? Also, the government has said MDR will be zero for payment products but not for lending products," the source said, indicating the MDR regime for credit card-linked UPI payments.
The Centre is unlikely to reduce its shareholding in Life Insurance Corporation of India (LIC) for at least 2 years following the insurer's listing because such a move could affect returns for investors participating in the mega initial public offering (IPO). The government's stance was communicated to prospective investors during roadshows after many of them sought clarity on the Centre's plan for lowering its shareholding in the insurer to meet the minimum public shareholding norms. To this, the Centre maintained its stand that it would not look at any equity dilution in the insurer for at least two years to avoid downward pressure on LIC's shares.
"Rajasthan government's proposal to the Governor asks to start assembly Session from July 31 and proposes discussion on coronavirus and other bills. No mention of floor test in the proposal," sources told ANI.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
Any significant adverse effect is unlikely if the second dose of a different COVID-19 vaccine is administered, but reaching a firm opinion on this will need more scrutiny and understanding, the Centre said.
Government has asked world's number three oil and gas group Royal Dutch Shell to furnish more details of its plans to set up about 2000 petrol stations in the country before it can be granted licence to sell petrol and diesel.
State-owned CIL on Thursday said that it has floated its maiden tender to import 2.416 million tonnes of coal to ensure adequate supply of the fuel to power plants in the country. The development assumes significance in the wake of the government making all efforts to build up stock of coal to avoid the reoccurrence of power outages which happened in April on account of shortage of the fossil fuel. "In a first ever, Coal India Limited (CIL) on Wednesday floated an international competitive bidding e-tender, seeking bids for import of 2.416 million tonnes (MTs) of coal," the company said in a statement.
Bumper-to-bumper insurance cover for new vehicles will not be mandatory as suggested by the Madras high court in its order last month. Instead, the decision to make it mandatory or not will be left to the legislators and the parliament. On Monday, the court decided to modify its order, which had said that whenever a new vehicle is sold after 1.9.2021, it is mandatory for coverage of bumper-to-bumper insurance every year, in addition to covering the driver, passengers, and owner of the vehicle, for a period of five years.
The Governor, however, wanted the state government's clarification on some points before he makes the announcement, according to a Congress leader.
The vaccine candidate -- 'Covaxin' -- is being indigenously developed by the Bharat Biotech in collaboration with the Indian Council of Medical Research (ICMR).
A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax administration that include bringing a framework for cryptocurrencies and rationalising the GST rate structure. With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination. The task ahead is going to be a tough one as the tax department would grapple with taxing cryptocurrencies, rationalising Goods and Services Tax (GST) rates to shore up revenues and post June 2022, the scenario of how the GST revenue plays out for states without the Centre's support of compensation.
The Centre on Wednesday urged the Supreme Court that its 2018 verdict decriminalising colonial era offence of adultery under the Indian Penal Code be not made applicable to armed forces.
Domestic brokerage HDFC Securities blocked trading in NSE's cash segment for its clients for a limited period due to a "technical glitch".
The video clip shows the Rana couple sitting on chairs and sipping tea in front of police officials at Khar police station. Bottles of mineral water are also seen on the table in front of them.
The Supreme Court on Wednesday directed the State Election Commission of Maharashtra to notify 27 per cent seats in the local body, which were reserved for the Other Backward Classes, as general category so that the poll process can be taken forward.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
The farmer leader said that the government's attitude in considering farmers' demands has been "positive" lately and hinted towards a positive decision in connection with the fate of the farmers' movement.
Pakistan on Saturday said it was not satisfied with India's 'simplistic explanation' on the 'accidental firing' of a missile that landed in Pakistan's Punjab province and demanded a joint probe to accurately establish the facts surrounding the incident.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
MLAs of smaller parties like the Bachhu Kadu-led Prahar and Independent legislators also attended the meeting, Prabhu added.
Earlier, it was reported that the judges of the apex court would get the option to choose between Covaxin or Covishield vaccines. Later, the Union health ministry, in a clarification, said the judges have not been given any such option to choose between both the vaccines, adding that it will be conducted entirely through Co-Win system.
After Brihanmumbai Municipal Corporation Commissioner Iqbal Singh Chahal claimed that Mumbai has received a bid from Pfizer in response to its COVID-19 vaccine procurement tender, Pfizer issued a statement clarifying that it has made no such bid.
The speculations were triggered by Kumar's reference to the Rajya Sabha being "the only House" he has not been a member of.
"If any wrong words have been spoken about him, I apologise to God Shri Ram for it," Nishad told reporters in Fatehpur. "Lord Shri Ram has done a lot for our community and our community has played an important role in the construction of the Shri Ram temple," he said.
The Union Budget 2021-22 has made it easier for sovereign wealth funds and pension funds to invest in Indian infrastructure projects, but some of the new rules may need more clarity, experts said. The proposed regime requiring investments through holding companies may have adverse tax implications for such funds and may create an arbitrage between the new and old projects, they said. Besides, the ownership structure of holding companies through which investments are to be made requires further clarification, they added.
Mishra has sought clarification from the state government regarding the proposal of convening the Assembly session, said sources on Monday.
I don't know the language to attack (someone) and it is not in my nature as well, Modi said.
NITI Aayog's attempt to bust coronavirus myths provokes a virtual storm of controversy.
'The government will carefully regulate and monitor the Digital Rupee, and because the currency is supposed to be tied to INR or supported by reserves, we should expect little fluctuation in pricing.'
A recent interfaith marriage of a Muslim activist of the ruling Communist Party of India-Marxist's youth wing DYFI, has stirred up a political storm after the relatives of the Christian bride alleged "love jihad", with a senior left party leader supporting the charge, only to retract his statement later.
The decision to remove Oli from the party's general membership was taken at the Standing Committee meeting of the faction led by former prime ministers Prachanda and Madhav Kumar Nepal after Oli failed to produce explanation to his recent moves as sought by party leadership, sources said.
"Around 20 candidates have been shifted to Jaipur from Assam today," said Congress chief whip in the Rajasthan assembly, Mahesh Joshi.
Former captain Michael Vaughan feels Kevin Pietersen should not have been picked for England again after the 2012 text-gate scandal where he was accused of sending unsavoury messages about his skipper Andrew Strauss to the opposition team South Africa during course of a Test match.
