News for 'dtc'

Noida admin mandates no rent from migrants for a month

Noida admin mandates no rent from migrants for a month

Rediff.com28 Mar 2020

In his order, the DM said it had come to light that in the present situation of a complete lockdown, several landlords were forcing migrant workers to pay the house rent, leaving them with no other choice but to vacate the place.

Delhi declares coronavirus as epidemic; shuts schools, halls till March 31

Delhi declares coronavirus as epidemic; shuts schools, halls till March 31

Rediff.com12 Mar 2020

The national capital has so far recorded six cases of coronavirus.

Parliamentary panel again says phase out STT

Parliamentary panel again says phase out STT

Rediff.com26 Apr 2013

The Committee, in an earlier report on the Direct Taxes Code (DTC) Bill, had favoured abolition of STT.

Diamond dream shatters in Surat

Diamond dream shatters in Surat

Rediff.com21 Jan 2013

One thousand and five hundred diamond polishing units of Surat had got together to challenge the monopoly of multinationals by sourcing rough diamonds straight from miners.

Passenger vehicles will feel further pinch

Passenger vehicles will feel further pinch

Rediff.com1 Mar 2013

Passenger Vehicles will feel further pinch as excise duty on SUVs shoots up to 30%

Nail-studded roads, concrete barriers: Farmer protest sites fortified

Nail-studded roads, concrete barriers: Farmer protest sites fortified

Rediff.com1 Feb 2021

"They have put these barbed wires, not us. They are not allowing people to come to Delhi. We are not the one blocking the roads. If we block roads, they ask us to vacate, but no action is taken when the same is done by these security forces," said.

15 mn people to be added in tax net, says Shome

15 mn people to be added in tax net, says Shome

Rediff.com4 Aug 2013

The government has already embarked on strengthening the tax net by sending letters to those who have not filed tax returns.

Seems Centre wants people to die: Delhi HC on oxygen, Remdesivir shortage

Seems Centre wants people to die: Delhi HC on oxygen, Remdesivir shortage

Rediff.com28 Apr 2021

The Delhi high court on Wednesday said it appeared that the Centre wanted people to die as according to the new protocol on use of Remdesivir for Covid-19 treatment, the drug was to be given only to those on oxygen support.

Budget: Infosys, Genpact hope tax reforms will be pushed

Budget: Infosys, Genpact hope tax reforms will be pushed

Rediff.com7 Mar 2012

Infosys chief Kris Gopalakrishnan on Wednesday expressed hope that DTC and GST will be pushed through in the forthcoming budget, while Genpact vice chairman Pramod Bhasin feared economic reforms will be tough going forward.

Dikshit govt fails on its promise of safe transport

Dikshit govt fails on its promise of safe transport

Rediff.com23 Dec 2012

The brutal gang-rape of a 23-year-old in New Delhi has brought to focus the failure of the Sheila Dikshit government in keeping its long-pending promise of safe public transport system for women and children though she has tried to pass the buck to the Centre for the tragedy.

Budget 2012: IT-BPO industry expressed disappointment

Budget 2012: IT-BPO industry expressed disappointment

Rediff.com16 Mar 2012

Software body Nasscom expressed its disappointment over the budget as it has no fresh proposals for the USD 100 billion Indian IT-BPO sector even as the industry's request to exempt SEZ income from Minimum Alternative Tax has been ignored.

Farmer protests continue amid fortification of Delhi borders

Farmer protests continue amid fortification of Delhi borders

Rediff.com3 Feb 2021

Even media persons covering the agitation manage to reach the protest sites with difficulty as they first have to pass through checking and then cross multiple layers of barricading. A Bharatiya Kisan Union office-bearer at Ghazipur border, which now resembles a highly-secured fortress, said despite the odds, supporters from far-off places are reaching the site to express solidarity with farmers.

House panel pushes for taxpayer-friendly code

House panel pushes for taxpayer-friendly code

Rediff.com16 Feb 2012

The panel of Parliament examining the Direct Taxes Code (DTC) Bill has almost finalised its recommendations. It wants more taxpayer-friendly measures.

Duty cuts to benefit carbon black producers

Duty cuts to benefit carbon black producers

Rediff.com2 Mar 2011

Overall, Union Budget 2011-12 maintained status quo for the Chemical Industry.

Direct Taxes Code will come next year: FinMin

Direct Taxes Code will come next year: FinMin

Rediff.com20 Oct 2011

Finance minister Pranab Mukherjee said he was confident of the DTC being recommended by the standing committee in the coming (winter) Parliament session.

Why Budget 2012 DISAPPOINTS the SALARIED class!

Why Budget 2012 DISAPPOINTS the SALARIED class!

Rediff.com19 Mar 2012

Salil Dhawan lists out the many disappointments that this year's Union Budget has for the salaried class of people.

Panel moots zero I-T till Rs 5 lakh, 35% for Rs 2cr+

Panel moots zero I-T till Rs 5 lakh, 35% for Rs 2cr+

Rediff.com24 Sep 2019

The panel has proposed lower rates of 10 per cent for annual income between Rs 5 lakh and Rs 10 lakh, 20 per cent for income between Rs 10 lakh and Rs 20 lakh. For income of Rs 20 lakh to Rs 2 crore, the suggested rate is 30 per cent.

I-T exemption limit may be hiked to Rs 3 lakh

I-T exemption limit may be hiked to Rs 3 lakh

Rediff.com24 Feb 2012

A Parliamentary committee scrutinising the Direct Taxes Code (DTC) Bill will recommend raising of the annual income tax exemption limit to Rs 3 lakh.

Wealth tax on deposits in foreign banks likely

Wealth tax on deposits in foreign banks likely

Rediff.com21 Feb 2012

An assessee's interest in a foreign trust or a company is also proposed to be made taxable assets under the new tax regime.

Govt's latest tax-saver: Don't invest before reading this!

Govt's latest tax-saver: Don't invest before reading this!

Rediff.com2 May 2012

Should taxpayers invest in Rajiv Gandhi Equity Saving Scheme to save tax? How much tax will they actually save? And what are the pros and cons you should check out before going for this scheme? Salil Dhawan offers his take.

Tax incentives for biz to be investment-linked

Tax incentives for biz to be investment-linked

Rediff.com1 Sep 2010

Apart from developers of special economic zones and units operating out of them, the proposal will also affect companies in power, infrastructure, food processing, hotel and hospital sectors, among others.

Trusts, NGOs brought under I-T radar

Trusts, NGOs brought under I-T radar

Rediff.com2 May 2011

CBDT sets up committee to detect leakages in tax-exempt sectors.

Budget: Excise duty hiked to 12 per cent on pesticides

Budget: Excise duty hiked to 12 per cent on pesticides

Rediff.com19 Mar 2012

Higher excise duty at 12 per cent would have negative impact on pesticides manufacturers.

A common tax code on the anvil for service tax, excise duty

A common tax code on the anvil for service tax, excise duty

Rediff.com16 Mar 2012

On the lines of the proposed Direct Taxes Code (DTC), the government plans to come out with a Common Tax Code (CTC) for service tax and central excise duty to harmonise the two indirect levies.

Budget 2012: Tax payers may get some relief

Budget 2012: Tax payers may get some relief

Rediff.com16 Mar 2012

Tax payers will be looking forward to some relief from Finance Minister Pranab Mukherjee who is expected to raise the income tax exemption limit to at least Rs 2 lakh in his budget proposals.

'Priority lending to RE projects should be considered'

'Priority lending to RE projects should be considered'

Rediff.com29 Feb 2012

This is essential to promote investment in essential infrastructure such as Power. Any additional burden will only pass on to the end consumer.

Some people at Jamia protest came prepared for arson: Police

Some people at Jamia protest came prepared for arson: Police

Rediff.com16 Dec 2019

Police personnel entered the university campus to only control the situation, police said.

Delhi: Board examinees among those caught in crossfire

Delhi: Board examinees among those caught in crossfire

Rediff.com25 Feb 2020

One of the worst-hit areas was Bhajanpura where a petrol pump and two school buses were torched on a road near Yamuna Vihar border by mobs during the conflagration.

How to manage capital gains after property sales in India

How to manage capital gains after property sales in India

Rediff.com3 Apr 2014

When you sell your property, you would be liable to pay capital gains tax.

Direct tax code: How good is it for the salaried?

Direct tax code: How good is it for the salaried?

Rediff.com23 Sep 2010

The long awaited direct tax code bill (DTC) proposes to simplify Indian taxation system. Here's how it will affect and benefit the salaried class.

FM not in the mood to cut income tax rates

FM not in the mood to cut income tax rates

Rediff.com12 Jan 2011

Finance Minister Pranab Mukherjee is not in a mood to cut taxes but may continue with stimulus in the budget for 2011-12, feel industry representatives who met him for Pre-Budget interactions.

What the new tax code unfolds for the taxpayers

What the new tax code unfolds for the taxpayers

Rediff.com7 Sep 2010

The revised draft of DTC has proposed some major changes for the taxpayers. However, the changes in the revised draft are far from being the bold changes envisaged in the earlier draft.

New tax code: Penalty for evasion lightens!

New tax code: Penalty for evasion lightens!

Rediff.com3 Sep 2010

While the tax burden for an average taxpayer will lighten marginally, for tax evaders the Direct Taxes Code proposes to reduce penalties substantially.

The pros and cons of Direct Taxes Code

The pros and cons of Direct Taxes Code

Rediff.com6 Jul 2010

Direct Taxes Code will make politically difficult changes feasible

Is the Budget's fiscal strategy credible?

Is the Budget's fiscal strategy credible?

Rediff.com2 Mar 2011

Premised on the 'best-case scenario' in terms of growth and revenue, the Budget seems unprepared for a possible slowdown.

A balancing act: Some relief for the common man

A balancing act: Some relief for the common man

Rediff.com1 Mar 2011

One can say that with the host of expenditure plans announced in the Budget, the finance minister has managed not to burden the common man directly with taxes.

FM to raise I-T exemption to Rs 2 lakh?

FM to raise I-T exemption to Rs 2 lakh?

Rediff.com28 Feb 2011

Tax experts are hopeful Finance Minister Pranab Mukherjee will increase the income tax exemption limit to Rs 2 lakh (Rs 200,000) per annum from Rs 1.6 lakh (Rs 160,000) to bring the rates in line with the Direct Taxes Code.

Personal tax: This is what the common man wants!

Personal tax: This is what the common man wants!

Rediff.com25 Feb 2011

The Budget day is generally awaited by the aam aadmi in the hope that the amendments will mean more money for him.

All bank FDs may come under tax net

All bank FDs may come under tax net

Rediff.com17 Jun 2010

Individuals could soon lose tax benefits available on fixed deposits with an over five-year term once the direct taxes code comes into force from April 2011.

Direct Tax Code: BJP leaders meet Pranab

Direct Tax Code: BJP leaders meet Pranab

Rediff.com2 Feb 2010

The delegation, comprising leader of Opposition in Lok Sabha Sushma Swaraj, her counterpart in Rajya Sabha Arun Jaitley and others, said Mukherjee had assured them that DTC was only at the drafting stage and discussions were still on.