CM Trivendra Singh Rawat cancels licences of the two government-controlled liquor shops in his constituency. The state government is facing an uphill task in opening new shops in face of widespread agitation by women.
Strict lockdown-like restrictions are already in place in the southern stateand the Pinarayi Vijayan government decided to clamp the complete shutdown in the wake of severe spike in the positive cases.
Finance Ministry, Assocham on Tuesday sought a taxation friendly environment for the startups
In 2015-16, more than 94 per cent of income tax returns were filed online and 4.14 crore returns were processed by the Central Processing Centre.
The average listed company has to comply with several laws as it goes about conducting its business. Of these, there are three pieces of legislation that arguably have the most impact on its business.
These builders had collected the taxes from prospective buyers but had failed to deposit them.
Prohibition is resulting in prisons getting overcrowded.
A total of 829 candidates have qualified for civil services, including the Indian Administrative Service and the Indian Police Service, the Union Public Service Commission announced
So far, the maximum 83 deaths have taken place in Tarn Taran district, followed by 14 in Batala and 13 in Amritsar. The tragedy has been unfolding since Wednesday evening in the three districts.
If imputed inflation for April and May is used, then you have inflation of over 6 per cent for two consecutive quarters, which is a worrying signal for the RBI.
'Singh is complaining that politicians are summoning Waze after bypassing him.' 'But Singh is himself undermining the hierarchy within his force by interacting directly with Waze.'
SEZs account for just about a third of India's merchandise exports (and roughly the same proportion of services exports). Yet, the notion of creating global manufacturing centres of the kind that propelled China to superpowerdom retains a durable appeal within the Indian policy-making establishment, notes Kanika Datta.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
State home minister said violation of rules has been noticed in the construction of the building.
Asserting that liquor consumption is a social stigma, Nitish said that prohibition would improve society.
The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.
The CJI said tax judiciary plays a very important role in resource mobilisation of the country and expressed concern over pendency of cases.
The indirect tax department on Thursday hinted that Vijay Mallya, owner of the grounded Kingfisher Airlines, may face prosecution in a service tax evasion case.
Lowering excise duty on petrol, diesel, and other fuels, branded fuels.
The notification shall come into force on July 1.
The Union Budget on Monday evoked contrasting responses in the political arena with the ruling Bharatiya Janata Party hailing it as a vision for an 'Aatmanirbhar Bharat' and the Opposition describing it as a 'let down like never before' that was meant to 'deceive' people.
GST is levied on every transaction in the supply of goods and services, barring certain exempted items
Two United States senators have sought modifications in a 9/11 compensation-related bill, seeking to extend the increase in hike on H-1B and L1 visa fees for another six years and impose excise on some foreign companies to fund free treatment of 200,000 Americans living with health problems contracted while working at the Ground Zero.
'Under this government, tax laws have become more draconian, and the government itself is setting stiff, unrealistic targets for tax officials, who have got more powers to harass us,' points out Debashis Basu.
While consumers feel that petrol pinches directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use.
GST necessarily includes service tax, but VAT can only be on goods without including service tax
The Budget 2010-11 has not done away with most excise or customs exemption notifications but, contrary to the need of the hour, added more exemptions, each with its own set of conditions that entail more paperwork and transaction costs. However, a couple of procedural improvements will bring some relief to select importers and exporters.
The Reserve Bank of India on Friday said that the Budget 20010-11 presented by Finance Minister Pranab Mukherjee is in line with the path of fiscal consolidation and economic revival.
'Till now, we were under tremendous stress. The economy was not recovering, the financial cycle was not moving and the banks were not supporting.' 'With the government pumping in money to the banks and asking the NBFCs to give priority to the MSME sector, there will be a revival.'
Car makers fear that when car prices go up and loans become expensive, running a car will also cost more. Thus a stimulus-pullback will act as the straw that broke the camel's back, says Bhupesh Bhandari.
'Just as coronavirus has come to us from China, this disease is also coming from that country.' 'India is a strong democracy and you cannot compromise on labour laws in this manner.' 'These changes will be challenged in court.'
Official sources said the government has decided to transfer Kalia from her current post as Fatehabad SP, adding formal orders will be issued soon.
A firm, which managed Prime Minister Narendra Modi's hugely successful Lok Sabha campaign, has come under the scanner of revenue authorities for alleged service tax evasion.
'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.'
These benefits would only be available to individuals and corporates, and professionals like auditors will not be able to use this route as they are duty-bound to report any wrongdoing.
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.
Janata Dal-United MLC Manorama Devi faced an arrest warrant on Wednesday for violating prohibition laws and allegedly harbouring her fugitive son.
Announcing the cabinet decision, Union minister Prakash Javadekar also said the President, the Vice President, Governors of states have also voluntarily decided to take a pay cut as a social responsibility.
'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'
The revenue collection in the same month a year ago stood at Rs 94,442 crore.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances