Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.
Despite the indisputable facts demonetisation and its pain is yet to have a quantifiable political backlash. But this is provided the government can limit the damage to the next one week.
Clean energy cess to hike cost for power sector.
A tax reforms panel, headed by finance minister's advisor Parthasarathi Shome, is considering moving away from setting fixed tax-collection targets and linking these with the changing economic scenario during the year.
Ironically, West Bengal, which has been seeking a postponement of the GST roll-out, has fared better among most other states.
'GST is imperative for India's success.' 'Without GST India will be a less competitive country.'
Sharma says efforts on to bring dissenting ministries on board eBiz platform.
DIAL is a joint venture consortium of GMR Group, Airports Authority of India, Fraport and Malaysia Airports Holdings Berhad.
Modi said officers must fix clear targets to improve the country's tax administration by 2022, the 75th anniversary of Independence.
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
There will be a review of employee compensation arrangement in the light of the new rules.
The views are stunning, the skies are blue, the forests are lush and, wonder of wonders, thanks to the discipline of the tea estate, even man isn't vile, discover Renu Bahal Wadhwa and T C A Srinivasa Raghavan after a trip to Kerala's breathtakingly beautiful hill retreat.
Meru Cabs, one of the first radio taxi services in the country, is contesting service tax notices sent to it since 2010 in the Bombay High Court.
Steps such as safeguard duty in the works to plug the route
The comments come at a time when the Supreme Court-constituted Special Investigation Team has detected funds worth about Rs 4,479 crore (Rs 44.79 billion) held by Indians in a Swiss branch of HSBC bank, while unaccounted wealth totalling Rs 14,958 crore (Rs 149.58 billion) have been traced within home.
The fourth and final Test match between India and South Africa to be held in Delhi from December 3-7 is set to be moved to Pune after the Arvind Kerjiwal-led Aam Aadmi Party government refused to grant Delhi and District Cricket Association the required permissions to host the match.
In a stern warning to service tax evaders, the government asked them to either pay their dues by tomorrow or face penal action which could include arrest and prosecution.
At least 18 people were killed and 24 others injured on Saturday when a private bus plunged into the Beas river near Vindravani in Mandi district of Himachal Pradesh.
In his statement, the star said that a false case has been registered against him and said that he wasn't drunk when the accident took place and neither did he run away from the spot.
"This is completely untrue. Please do not re-circulate such message without checking it with authority," Adhia said.
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.
Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to the twenty-member council of ministers, including 10 of the Shiv Sena, who were inducted into his expanded cabinet.
Rediff readers tell us what their first salaries were.
'To identify with the common man, Modi had to look like one.' 'The disastrous suit with his name written on it never made its reappearance.' 'Frequent dress changes during the day, which led Arvind Kejriwal to calculate that Modi spent crores on his attire ever year, too stopped.' 'Instead, a newer Modi emerged: Humble and eager to serve.' Narendra Modi has cleverly repositioned himself as a man of the masses in the past three years, says Aditi Phadnis.
The GST will subsume excise, service tax, value added tax, octroi etc.
Even as the government's move to hike import duties on 45 items is seen as a sign of protectionism, the prime minister was himself involved in the process.
Import duty on PVC, at 7.5%, is far lower than that prevailing in comparable economies.
The Election Commission gets cracking on caste, money and muscle power well ahead of the 2017 Uttar Pradesh elections.
The entire Budget-making exercise will be advanced by 3-4 weeks so as to complete the legislative part of financial business before April 1, the start of a financial year
The confidence that GST Network is capable of handling the returns, payments, reconciliation, refunds, etc., has been badly shaken.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
Maharashtra Chief Minister Devendra Fadnavis defended the state education minister and Bharatiya Janata Party leader Vinod Tawde, who is caught up in a row over his educational qualification.
Prime Minister also underlined the need for increasing the number of tax payers to 10 crore.
UPSC toppers -- Ira Singhal, Nidhi Gupta, Vandana Rao and Suharsha Bhagat -- tell Rediff.com how they cracked the tough national exam.
The Election Commission has a fight on its hand as candidates use ingenious methods to smuggle in money to Voters.
Here are some tips to help you crack the Staff Selection Commission Combined Graduate Level Examination.
Goods and Services Tax would usher in an unified indirect tax regime.
China has been trying to build lobbies of influence and mould public opinion in India since at least 2017, and large sums have been invested in the effort, reveals former RA&W officer Jayadeva Ranade.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Drugs under exemption make up roughly 95 per cent of the antiretrovirals used by India's AIDS patients
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