The central government has given banks and credit card entities six to eight months to put in place the requisite reporting mechanism and related features to collect tax at source on international credit card transactions, a senior bureaucrat told Business Standard. According to the bureaucrat, the plan to bring overseas credit cards under the Liberalised Remittance Scheme (LRS) has not been mothballed and is simply being deferred so that banks get adequate time to get the system up and running. The official expects the reporting mechanism to be ready in the given time, and the rule could be implemented in the next financial year (2024-25, or FY25).
In the last three years, the Union Territory administration has invoked 311 (2)(c) of the Constitution to sack more than 50 employees, who were allegedly operating in shadows within the government and drawing a salary from the public exchequer, however, they were helping Pakistani terror outfits, providing logistics to terrorists, propagating terrorists' ideology, raising terror finances and furthering secessionist agenda, officials said.
The recent bridge collapse in Morbi in which 135 people were killed may have an impact on BJP's electoral fortunes.
The leader also said the Congress would also intensify its protests against the Lakshadweep administration's move to permit liquor outlets in the archipelago.
The Indian cyber security agency has issued a warning against 'Royal ransomware' virus that attacks critical sectors like communications, healthcare, education and even individuals and seeks pay-off in Bitcoins for not leaking personal data in the public domain.
These self-appointed well-wishers of AMU are basically for the control or police model of university governance. They have no faith whatsoever in the democratic functioning of the universities, observes Faizan Mustafa, former dean, Faculty of Law, and Registrar, Aligarh Muslim University.
Chaudhary Charan Singh, who on Friday was conferred with India's highest civilian award Bharat Ratna, is popularly known as a champion of farmers.
A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.
The ruling Aam Admi Party in Delhi rejected the allegation of any wrongdoing and accused the BJP of "using all its power to finish AAP".
He also said automation, machine-learning, artificial intelligence and bots are happening, both in the software and business process outsourcing sector
Having made an indelible mark in the world of cricket, Sachin Tendulkar could now be associated with promotion of sports in schools and higher education by tapping and nurturing the potential for bigger gains in global events like Olympics.
Days after landing on the Moon, India will aim for the Sun on Saturday with its maiden solar expedition, as ISRO's trusted PSLV will carry the Aditya L1 mission on a 125-day voyage to the Sun.
India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Puri said that Gandhi's "initial life" in the UK, his education prepared him for an "English-style barrister".
A slew of websites are catering to matchmaking needs of IITians, IIMians and others with high educational qualifications.
Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
Canada has emerged as the most preferred country for Indian students abroad.
Modi said not a single leader of the opposition grouping INDIA has uttered a word against the "disrespect" for women.
'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'
Despite their opposition based on ideology, both the political Right and the political Left possess similar behaviour, observes Shyam G Menon.
Vinicius started a foundation that is building schools in impoverished areas and is investing in research to develop new ways to improve the education system in Brazil.
Reservation should not continue for an indefinite period so as to become a "vested interest" and the vision of the framers of the Constitution that there should be a "time span" for such quotas has not been achieved, the Supreme Court said on Monday in its majority judgment while upholding the EWS quota.
'I wouldn't be surprised if in a few years, students sitting in Mumbai, Rajasthan ... earn higher education degrees without leaving their homeland.' Indians abroad discuss the challenges faced by India's higher education system and offer solutions as Rediff.com contributor Simanta Roy listens in.
The board will be set up on lines of Sanskrit Education Board.
The 22-year-old secured 319 marks out of 500 in the Jammu and Kashmir Board of School Education, the result for which were declared on Friday.
rediffGURU Dr Aarti Bakshi, a psychologist and school counsellor helps you understand and improve your relationship with your child.
'Indian universities are giving out PhDs without adequate evaluation,' charges Dr Satya Narain Jatiya, MP.
He expressed his concern over recent reports of sexual abuse of children across the country and said that there was an urgent need to have in place an effective deterrent regime.
Stressing that both the government and the opposition have 'important roles to play', the President said, "While giving expression to their political ideas both must move forward in tandem to ensure that development of the country and welfare of its people are promoted consistently."
'How come the BJP won even in the Muslim belt? I am 100% sure that the BJP would not win in the Muslim belt.'
Smriti Irani, the new minister of human resource development, hasn't completed her graduation and yet achieved success in life. Here are some other people who have chosen similar paths.
Sports Minister Kiren Rijiju said sports cannot be treated as an optional subject and it has to be accepted as a part of education.
In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.
Last year the Indian government came up with many proposals for modifications in the existing education loan system. These proposals are helping students seek education loans on better terms.
The Supreme Court on Monday quashed the Gujarat government's decision to grant remission to 11 convicts in the case of gangrape of Bilkis Bano and murder of seven of her family members during the 2002 riots in the state, saying the orders were "stereotyped" and passed without application of mind.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances