News for 'compliance'

HC orders Ramdev to remove 'sharbat jiahd' video within 24 hrs

HC orders Ramdev to remove 'sharbat jiahd' video within 24 hrs

Rediff.com1 May 2025

The Delhi High Court has ordered Yoga guru Ramdev to remove within 24 hours an offensive video targeting Hamdard, manufacturers of Rooh Afza, from social media platforms. The court previously ordered him not to issue any statement or share videos in future similar to those before it and relating to products of competitors including Hamdard. Ramdev was accused of contempt in a row over his controversial "sharbat jihad" remarks against the drink.

With Old Visa Doors Closing, Indians Forge New Paths

With Old Visa Doors Closing, Indians Forge New Paths

Rediff.com5 May 2025

Australia, Canada, US and UK are restricting immigration, but other countries are opening their doors.

Outage hits SBI Bank customers; issue now resolved

Outage hits SBI Bank customers; issue now resolved

Rediff.com11 Mar 2025

SBI customers faced difficulties in accessing UPI and mobile banking services for more than four hours on Tuesday due to some "technical issues". The country's largest lender later said the technical issues have been fully resolved.

Majority Of Police Support Use Of Force And Torture

Majority Of Police Support Use Of Force And Torture

Rediff.com5 Apr 2025

The Kerala police were the most sensitised to the rights of those arrested while that of Jharkhand and Gujarat the least.

Williams fined for Chinese F1 GP camera breach

Williams fined for Chinese F1 GP camera breach

Rediff.com22 Mar 2025

Stewards said the former champions failed to provide video from the forward and rear-facing wireless cameras within the required timeframe.

Akasa Air faces DGCA heat for lapses

Akasa Air faces DGCA heat for lapses

Rediff.com15 Jan 2025

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.

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

More institutes scrap MoUs with Turkiye, Azerbaijan; jewellers join protest

Rediff.com16 May 2025

The move came against the backdrop of Turkiye backing Pakistan and its condemnation of India's strikes on terror camps in the neighbouring country and Pakistan-occupied Kashmir under Operation Sindoor.

Why Govt Is In No Hurry On Digital Competition Bill

Why Govt Is In No Hurry On Digital Competition Bill

Rediff.com17 Mar 2025

'Indian players in the digital market should not be dominated by global players, and they should not dominate the smaller players -- these discussions are on.'

New Income Tax Bill: What YOU Must KNOW

New Income Tax Bill: What YOU Must KNOW

Rediff.com1 Feb 2025

Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.

Umpires carry out bat checks to prevent unfair advantage

Umpires carry out bat checks to prevent unfair advantage

Rediff.com14 Apr 2025

However, the BCCI, in its bid to stay more vigilant in times of brutal power-hitting, has allowed the match officials to check any piece of willow if they deem required, even during a live game.

India To Train AI Models Using Religious Texts

India To Train AI Models Using Religious Texts

Rediff.com22 Apr 2025

Inputs from religious texts, scriptures of local dialects and inspirational word-of-mouth stories will also be included.

Court orders FIR against former SEBI chief Madhabi Buch

Court orders FIR against former SEBI chief Madhabi Buch

Rediff.com2 Mar 2025

A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.

Boardroom gaps: Public-sector undertakings' governance under lens

Boardroom gaps: Public-sector undertakings' governance under lens

Rediff.com12 Apr 2025

Stock exchanges' levy of penalties, ranging from Rs 3 lakh to Rs 12 lakh, on public-sector undertakings (PSUs) for lapses in board composition for the 2024-25 October-December quarter has brought forth issues of governance. Last month, 16 PSUs requested bourses to waive these penalties, arguing that these lapses were neither due to negligence nor within their control, as the appointment of directors is managed by the government.

Not feasibl to...: SC disposes of PIL on mob lynching

Not feasibl to...: SC disposes of PIL on mob lynching

Rediff.com11 Feb 2025

The Supreme Court of India has dismissed a plea seeking directions to states to take immediate action against mob lynching and cow vigilantism, particularly against Muslims. The court stated that it was not feasible to "micro-manage" such incidents from Delhi and referred to its 2018 verdict, which issued guidelines to address mob violence and cow vigilantism. The court also noted that the new Bharatiya Nyaya Sanhita (BNS) criminalizes mob lynching as a separate offence. The plea argued that there was "gross non-compliance" with the 2018 directions, but the court maintained that authorities were bound by its previous rulings.

How Sebi plans to ensure greater transparency and ease of doing business

How Sebi plans to ensure greater transparency and ease of doing business

Rediff.com25 Mar 2025

Under its new chairman Tuhin Kanta Pandey, the Securities and Exchange Board of India (Sebi) has gravitated towards greater transparency and ease of doing business, setting an objective of "effective and optimum" regulation. On Monday, during its first board meeting under Pandey, the regulator has decided to constitute a high-level committee (HLC) to review conflicts of interest and unveiled initiatives to simplify regulatory processes.

Single Tax-Return Rule May Return!

Single Tax-Return Rule May Return!

Rediff.com24 Mar 2025

'Bringing it back will help prevent reassessments of the income already disclosed.'

The price of building India: Why cement remains in the 28% GST slab

The price of building India: Why cement remains in the 28% GST slab

Rediff.com7 May 2025

The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.

Proposed RBI norms may hit gold-loan NBFCs in near term: Analysts

Proposed RBI norms may hit gold-loan NBFCs in near term: Analysts

Rediff.com21 Apr 2025

The Reserve Bank of India's (RBI's) draft guidelines on gold loans, if implemented in their current form, are expected to impact non-banking financial companies (NBFCs) and mid-tier banks in the near term, more significantly than larger banks, according to analysts.

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

Sports Minister on why he revoked WFI suspension

Sports Minister on why he revoked WFI suspension

Rediff.com11 Mar 2025

'WFI must reverse all amendments made during its suspension and ensure checks and balances in decision-making within four weeks.'

India's export performance remains uninspiring amid weak global position

India's export performance remains uninspiring amid weak global position

Rediff.com7 Apr 2025

March 31 marked 10 years since the Modi government introduced its first Foreign Trade Policy (FTP 2015-20) that lasted for 8 years before the current FTP 2023 came in. Here is a brief assessment. In 2015, the government said that it aims to increase India's exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion by 2019-20 and to raise India's share in world exports from 2 per cent to 3.5 per cent.

PBKS face combination dilemma against confident KKR

PBKS face combination dilemma against confident KKR

Rediff.com14 Apr 2025

If Punjab goes for a flat deck, there is no guarantee that the bowling unit can defend anything in the 220 range, especially when KKR have the likes of Sunil Narine, Rinku Singh, and Venkatesh Iyer in their ranks.

Officers ignoring MLAs' calls: Delhi assembly speaker

Officers ignoring MLAs' calls: Delhi assembly speaker

Rediff.com21 Mar 2025

Gupta sought to draw the top city bureaucrat's attention to the procedure and protocol to be adhered to by the government officers while dealing with the members of the assembly.

Big relief in TDS deduction on rent from Rs 20K to Rs 50K per month

Big relief in TDS deduction on rent from Rs 20K to Rs 50K per month

Rediff.com1 Feb 2025

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh per annum while presenting the Union Budget 2025-26. Presenting the budget in Lok Sabha, the Finance Minister said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh.

Volkswagen moves HC over $1.4 bn tax notice

Volkswagen moves HC over $1.4 bn tax notice

Rediff.com3 Feb 2025

Skoda Auto Volkswagen India has filed a case against tax authorities over the Rs 11,000 crore (about USD 1.4 billion) show cause notice for alleged customs duty fraud related to the import of cars as completely knocked down units.

Informing grounds of arrest constitutional requirement: SC

Informing grounds of arrest constitutional requirement: SC

Rediff.com8 Feb 2025

The Supreme Court of India has ruled that informing an accused of the grounds for their arrest is not a formality but a mandatory constitutional requirement. The court declared the arrest of Vihaan Kumar, who was accused of financial fraud, as unconstitutional and ordered his immediate release. The ruling emphasizes the importance of procedural safeguards in criminal law and highlights the fundamental rights of arrested individuals. The court also expressed disapproval of the police's treatment of Kumar, including handcuffing and chaining him while he was in the hospital.

New bill proposes 7-year jail, Rs 10L fine for forged passports in India

New bill proposes 7-year jail, Rs 10L fine for forged passports in India

Rediff.com16 Mar 2025

India is proposing a new law that would impose a jail term of up to seven years and a fine of Rs 10 lakh on anyone found using a forged passport or visa to enter, stay, or exit the country. The Immigration and Foreigners Bill, 2025, also mandates reporting of foreign visitors by hotels, universities, and hospitals to track overstaying individuals. The bill aims to simplify laws, ease business, and strengthen national security while promoting economic growth and tourism.

Wanted Punjab terrorist arrested in US; had links with ISI, BKI

Wanted Punjab terrorist arrested in US; had links with ISI, BKI

Rediff.com18 Apr 2025

Harpreet Singh alias Happy Passia alias Jora, an alleged terrorist who had illegally entered the US, was arrested by the FBI and US Immigration and Customs Enforcement's Enforcement and Removal Operations in Sacramento.

FAQ: IT Dept Can Check E-mail, WhatsApp

FAQ: IT Dept Can Check E-mail, WhatsApp

Rediff.com6 Mar 2025

Here's what you must know about the new rule, its implications, and whether it affects taxpayers' rights and privacy.

Will create robust mechanism to check suicides at IITs, IIMs: SC

Will create robust mechanism to check suicides at IITs, IIMs: SC

Rediff.com28 Feb 2025

The Supreme Court of India has assured the creation of a robust mechanism to address the alarming number of suicides occurring in Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs). The court was informed that 18 suicides had taken place in these institutions over the past 14 months. The court has also directed the University Grants Commission (UGC) to finalize draft regulations aimed at combating caste-based discrimination in educational institutions.

SC relief for Jaggi Vasudev's yoga centre in green norm case

SC relief for Jaggi Vasudev's yoga centre in green norm case

Rediff.com28 Feb 2025

The Supreme Court of India has refused to interfere with a Madras High Court order quashing notices issued by the Tamil Nadu Pollution Control Board (TNPCB) against Isha Foundation, founded by Jaggi Vasudev. The notices were issued for alleged violation of environmental norms in the construction of a yoga and meditation center in Coimbatore. The court, however, emphasized that its order should not be seen as a precedent for regularizing illegal constructions and that Isha Foundation must comply with all environmental norms. The foundation had argued that its facilities fall under the education category, which exempts them from needing environmental clearance.

BCCI to players: Obey new rules or face IPL ban, fee cuts

BCCI to players: Obey new rules or face IPL ban, fee cuts

Rediff.com16 Jan 2025

BCCI unveils 10-point diktat: Domestic cricket must, restriction on personal staff, family stay on tours

Don't erase, reload data; just verify EVMs: SC to poll panel

Don't erase, reload data; just verify EVMs: SC to poll panel

Rediff.com11 Feb 2025

The Supreme Court of India has sought a response from the Election Commission of India (ECI) regarding pleas seeking verification of burnt memory and symbol loading units in Electronic Voting Machines (EVMs). The court directed the ECI to refrain from erasing or reloading data during the verification process and to explain the procedure adopted for verification. The bench also expressed concerns over the high cost of verification and directed the ECI to reduce the fee. The court's directive comes following its previous judgement where it allowed aggrieved candidates to seek verification of EVMs.

Police can't serve accused notice via WhatsApp: SC

Police can't serve accused notice via WhatsApp: SC

Rediff.com28 Jan 2025

The Supreme Court has said police cannot serve notices to accused persons through WhatsApp or other electronic modes under the Criminal Procedure Code or Bhartiya Nagrik Suraksha Sanhita, 2023.

Tea exports hit new high, but rising imports a worry

Tea exports hit new high, but rising imports a worry

Rediff.com8 Apr 2025

As India's tea exports reach their highest in years, a sharp rise in imports is raising concerns among producers. In 2024, India took the third spot in tea exports, pipping Sri Lanka after exporting 254.67 million kg (mkg) of tea, up from 231.69 mkg in 2023.

US slams India's telecom, electronics testing norms, standards

US slams India's telecom, electronics testing norms, standards

Rediff.com4 Apr 2025

The US wants India to recognise internationally accredited labs, harmonise labelling requirements and the validity period of test reports and certification with global practices, and eliminate retesting requirements.

Jolt to Sunny Leone as Lucknow restaurant-bar construction stayed

Jolt to Sunny Leone as Lucknow restaurant-bar construction stayed

Rediff.com1 Feb 2025

A consumer forum in Lucknow, India, has halted the construction of actress Sunny Leone's restaurant-cum-bar, citing concerns about "unauthorised activity" and potential security threats to the neighboring high court premises and the Indira Gandhi Pratishthan. The commission deemed the allotment of the society's community center to a commercial establishment as inappropriate and raised concerns about the Lucknow Development Authority's approval of the project. The matter has been listed for further hearing on February 19.

Foreign companies' tax burden at record low in India

Foreign companies' tax burden at record low in India

Rediff.com24 Feb 2025

Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).

IndusInd Bank Officials Face Insider Trading Probe

IndusInd Bank Officials Face Insider Trading Probe

Rediff.com28 Mar 2025

The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.

Why these two ministries are unhappy with Ola Electric

Why these two ministries are unhappy with Ola Electric

Rediff.com21 Mar 2025

Ola Electric Mobility Ltd on Friday said ministries of heavy industries, and road transport and highways have sought information from the company over gap in vehicle registrations as per the Vahan portal and sales as per the firm's regulatory filing. Besides, the ministries have also sought clarification on reports "regarding non-compliance to the requirement of trade certificates", Ola Electric Mobility said in a regulatory filing.