News for 'department-of-revenue'

Install CCTVs in police stations, probe agencies: SC

Install CCTVs in police stations, probe agencies: SC

Rediff.com2 Dec 2020

"As most of these agencies carry out interrogation in their office(s), CCTVs shall be compulsorily installed in all offices where such interrogation and holding of accused takes place in the same manner as it would in a police station," the bench said in its order.

Govt extends ED director S K Mishra's tenure by a year

Govt extends ED director S K Mishra's tenure by a year

Rediff.com17 Nov 2021

The government on Wednesday extended the tenure of Enforcement Directorate Director Sanjay Kumar Mishra by a year till November 18, 2022, days after the Centre brought ordinances to allow ED and Central Bureau of Investigation directors to occupy the office for up to five years.

Govt gets 5.59 lakh public grievances so far this yr

Govt gets 5.59 lakh public grievances so far this yr

Rediff.com12 Jul 2022

The Centre received 5.59 lakh public grievances against various government departments in the first half of this year, with the Department of Financial Services (DFS) getting most of such complaints, according to an official report.

PM to visit Serum Institute on Nov 28 to take stock of 'Covishield'

PM to visit Serum Institute on Nov 28 to take stock of 'Covishield'

Rediff.com27 Nov 2020

On Tuesday, Rao said there was a possibility of the PM's visit to Pune, and if that happens, it would be aimed at reviewing the status of the vaccine candidate for coronavirus infection and to know about its launch, production and distribution mechanisms.

Fadnavis appointed criminals on govt posts: Malik

Fadnavis appointed criminals on govt posts: Malik

Rediff.com10 Nov 2021

The NCP minister said while fake notes were seized in other states after demonetisation on November 8 2016, there was not a single such instance in Maharashtra.

Govt waives import duty on Remdesivir

Govt waives import duty on Remdesivir

Rediff.com20 Apr 2021

This import duty exemption would remain in force till October 31 this year.

Officer who headed 2G, CWG probes gets BJP ticket from Sarojini Nagar

Officer who headed 2G, CWG probes gets BJP ticket from Sarojini Nagar

Rediff.com2 Feb 2022

He was permanently absorbed into the ED cadre in 2014 and has headed some high-profile investigations into the 2G spectrum allocation case, the 2010 Commonwealth Games, the money laundering cases against former Union finance minister P Chidambaram and his son Karti Chidambaram, Andhra Pradesh chief minister Y S Jagan Mohan Reddy and former Jharkhand chief minister Madhu Koda, the Aircel Maxis and VVIP choppers case.

Pranab, Modi, Demonetisation

Pranab, Modi, Demonetisation

Rediff.com8 Nov 2022

'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.

Sawant, 8 ministers take oath in Goa, Rane among 4 dropped

Sawant, 8 ministers take oath in Goa, Rane among 4 dropped

Rediff.com28 Mar 2022

Sawant took the oath in Konkani language.

ED's Rajeshwar Singh to retire; may contest UP polls on BJP ticket

ED's Rajeshwar Singh to retire; may contest UP polls on BJP ticket

Rediff.com20 Aug 2021

A BTech and PhD in police, human rights and social justice, Singh joined the federal anti-money laundering investigations agency in 2009 on deputation from Uttar Pradesh where he was serving as a state police service officer.

Centre to induct more private sector specialists in govt departments

Centre to induct more private sector specialists in govt departments

Rediff.com5 Feb 2021

Candidates will be short-listed for interview on the basis of the information provided by them in their online application, the statement said.

Is ED Bad Only When It Targets Gandhis?

Is ED Bad Only When It Targets Gandhis?

Rediff.com28 Jul 2022

If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.

Does the govt really intend to revive the auto sector?

Does the govt really intend to revive the auto sector?

Rediff.com26 Aug 2021

In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India's largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government's intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.

Girish Chandra Murmu assumes office as CAG

Girish Chandra Murmu assumes office as CAG

Rediff.com8 Aug 2020

Murmu made and subscribed to the oath of office before President Ram Nath Kovind, according to a Rashtrapati Bhavan statement.

Hit by GST recovery notices and summons, industry calls for help

Hit by GST recovery notices and summons, industry calls for help

Rediff.com16 Sep 2021

With Goods and Services Tax (GST) officers under pressure to exceed the Rs 1-trillion collection mark per month, industry has faced a barrage of recovery notices and summons issued over the last one month across sectors, according to company executives. Industry bodies have claimed harassment by field officers, blocking of input tax credit, cancellation of GST registration, threats of arrest and steep penalties, impacting their working capital and operations. Company executives pointed at an atmosphere of apprehension and fear due to such notices and summons.

Imported O2 concentrators: SC stays HC order on levy of IGST

Imported O2 concentrators: SC stays HC order on levy of IGST

Rediff.com1 Jun 2021

The Supreme Court on Tuesday stayed the operation of a Delhi high court order holding as "unconstitutional" the imposition of the Integrated Goods and Services Tax (IGST) by the Centre on import of oxygen concentrators by individuals for personal use. A special bench of Justices D Y Chandrachud and M R Shah issued notice on the plea and sought response from the petitioner, who filed a PIL before the high court.

CVC awaits sanction to prosecute 100 govt officials

CVC awaits sanction to prosecute 100 govt officials

Rediff.com11 Nov 2019

As per norms, sanction for prosecution of government employees accused of corruption has to be given within four months' stipulated time.

E-com cos fret over Madras HC ruling on GST refunds

E-com cos fret over Madras HC ruling on GST refunds

Rediff.com23 Sep 2020

The high court's order, which says refunds paid on service inputs can be restricted, runs contrary to Gujarat HC verdict and could complicate matters.

First meeting of SIT on black money now on June 2

First meeting of SIT on black money now on June 2

Rediff.com30 May 2014

The first high-level meeting of the Special Investigation Team on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians has been advanced and will now be held on June 2.

Planning to buy an Apple iPhone 12 in India? Think again

Planning to buy an Apple iPhone 12 in India? Think again

Rediff.com27 Oct 2020

A Dubai trip plus Apple iPhone 12 is cheaper than buying the phone in India. Various models of the iPhone 12 Pro and Max are cheaper in Dubai by up to Rs 35,000 owing to higher GST, Customs duty in India.

Trouble for Lalit Modi as Mumbai court clears extradition proceedings

Trouble for Lalit Modi as Mumbai court clears extradition proceedings

Rediff.com16 Nov 2016

The case pertains to a criminal complaint filed by BCCI which has accused the former IPL commissioner of misappropriating funds during his tenure.

India to freeze gold jewellery import from Thailand

India to freeze gold jewellery import from Thailand

Rediff.com21 Feb 2013

India has an early harvest scheme with Thailand. Under this, gold jewellery is imported at a duty of one per cent.

No possibility of GST rate hike till revenue stabilises: Sushil Modi

No possibility of GST rate hike till revenue stabilises: Sushil Modi

Rediff.com23 Dec 2019

Bihar Deputy Chief Minister Sushil Kumar Modi said, a hike in GST rates would have hampered consumption amid the economic slowdown. The revenue augmentation panel in the Council meeting recently recommended revisiting and restructuring the GST rate slabs, besides correcting the inverted duty structure. The panel listed 24 items, including mobile phones, footwear, fabrics, LED light, medical equipment, utensils, agri machinery, pharma, and renewable components, which have an inverted duty structure, resulting in refunds of close to Rs 20,000 crore annually.

No roll back, no threat to Govt: Chidambaram

No roll back, no threat to Govt: Chidambaram

Rediff.com17 Sep 2012

Indicating unleashing of more measures to boost economy, Finance Minister P Chidambaram on Monday ruled out rolling back decisions on diesel, LPG and FDI in retail and expressed confidence that the government faces no threat from allies either inside or outside.

RBI, Sebi propose changes in RGESS investment norms

RBI, Sebi propose changes in RGESS investment norms

Rediff.com6 Nov 2012

The regulators have proposed changes in the norms for inclusion of mutual funds in the scheme.

Will India shift its financial year?

Will India shift its financial year?

Rediff.com29 Apr 2019

If the BJP comes to power, sources say it may change the financial year (April-March) to the calendar year (January-December).

Sitharaman given a live demo of GST glitches

Sitharaman given a live demo of GST glitches

Rediff.com17 Nov 2019

The aim of the exercise was to further simplify GST forms and make the filing process more user-friendly, the finance ministry said in a tweet, reports Dilasha Seth.

Rail travel, capitation fees to come under GST net

Rail travel, capitation fees to come under GST net

Rediff.com29 Aug 2011

Railway travel, capitation fees or donations in educational institutes and non-compete services are among the many new services that may come under the proposed Goods and Services Tax (GST), says a concept paper on the issue.

Gold smugglers switching over to cigarettes, currencies

Gold smugglers switching over to cigarettes, currencies

Rediff.com1 Feb 2016

In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore

Rajiv Mehrishi appointed Finance Secretary

Rajiv Mehrishi appointed Finance Secretary

Rediff.com11 Nov 2014

He was last month appointed as Secretary in Department of Economic Affairs in place of his batchmate Arvind Mayaram, who was first shifted to Tourism and then to Minority Affairs Ministry.

'Fake currency coming in from neighbouring nation'

'Fake currency coming in from neighbouring nation'

Rediff.com27 Apr 2010

"Available inputs suggest that fake Indian currency notes are printed in a neighbouring country and pushed into India through neighbouring countries," Minister of State for Finance Namo Narain Meena told the Rajya Sabha in a written reply.

2 years after roll-out, GST glitches still exist, says CAG report

2 years after roll-out, GST glitches still exist, says CAG report

Rediff.com31 Jul 2019

The Centre's revenue from GST registered a decline of 10 per cent in 2017-18 compared to revenue of subsumed taxes in 2016-17.

Container with suspected fake currency held

Container with suspected fake currency held

Rediff.com6 Jul 2009

The Department of Revenue Intelligence, Customs and Central Excise have intercepted a container at Cochin, which had arrived from Dubai, suspecting that it is carrying counterfeit currency notes. The owner of the consignment had told the Customs officials that the container had children's diapers and it was brought from China after conducting all clearances, informed sources.

Infra firms may get MAT relief

Infra firms may get MAT relief

Rediff.com15 Dec 2009

The government is likely to ease the incidence of minimum alternate tax, or MAT, on infrastructure companies.

No terror funds in stock markets: Govt

No terror funds in stock markets: Govt

Rediff.com12 Aug 2009

The government on Tuesday ruled out any surreptitious entry of terrorist outfits into the stock market and said that sufficient caution has been administered to the stock exchanges to look out for any suspicious entry into their activity.

Stop 'treaty shopping' denials for FDI, says FIPB

Stop 'treaty shopping' denials for FDI, says FIPB

Rediff.com7 Nov 2009

The Foreign Investment Promotion Board has pulled up the department of revenue for rejecting all foreign direct investment proposals in which funds are routed through Mauritius and said it has taken a conscious policy decision to overrule such objections.

Govt considers de-notification rules for SEZs

Govt considers de-notification rules for SEZs

Rediff.com9 Jun 2009

However, the ministry of law opined that though there is no specific provision in the SEZ Act and Rules, the power to notify includes power to de-notify also, sources said. Industry experts said that the SEZs which are finding it difficult to continue should be allowed to quit.

DRI tracking counterfeit currency racket in Kerala

DRI tracking counterfeit currency racket in Kerala

Rediff.com3 Jul 2009

The Department of Revenue Intelligence, DRI is tracing a major counterfeit currency racket with roots in Kerala and wings spread across Middle east and Far East.

Govt clears Infosys proposal to set up SEZ in Bengaluru

Govt clears Infosys proposal to set up SEZ in Bengaluru

Rediff.com5 May 2016

The decision was taken by an inter-ministerial Board of Approval.

FinMin in dock over tax code delay

FinMin in dock over tax code delay

Rediff.com25 Apr 2008

The Parliamentary Standing Committee on Finance has passed strictures against the finance ministry for the delay in introducing the draft direct tax code for legislation to replace the voluminous Income Tax Act, 1961.