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.
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 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.
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.
"This is completely untrue. Please do not re-circulate such message without checking it with authority," Adhia said.
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.
Rediff readers tell us what their first salaries were.
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.
'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.
The Election Commission gets cracking on caste, money and muscle power well ahead of the 2017 Uttar Pradesh elections.
Import duty on PVC, at 7.5%, is far lower than that prevailing in comparable economies.
The confidence that GST Network is capable of handling the returns, payments, reconciliation, refunds, etc., has been badly shaken.
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
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.
Prime Minister also underlined the need for increasing the number of tax payers to 10 crore.
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.
UPSC toppers -- Ira Singhal, Nidhi Gupta, Vandana Rao and Suharsha Bhagat -- tell Rediff.com how they cracked the tough national exam.
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 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.
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
The markets will be eyeing the amendments.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
As many as 30 sub-groups and committees worked tirelessly to devise rules and laws as well as fix tax rates for over 1,200 goods and services.
CBEC has said a duty-free shop in a Customs area should not be treated as a warehouse.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Despite finance minister's assurance, tax officials seem reluctant to take steps for tackling issues at stake
The Finance Ministry has started preparations for Budget 2014-15 by asking different central ministries and departments to come out with their estimates of receipts as well as expenditure for the next financial year.
Delhi Chief Minister Arvind Kejriwal, who took over the reins two days ago, is suffering from fever and cold and will not attend office on Monday. Kejriwal was scheduled to chair a meeting of Delhi Jal Board officials to discuss ways to provide free 700 litres of water per household as promised by him.
Siddaramaiah announces free LGP gas, universal health scheme in budget
Sources said while the Janata Dal-Secular will have nine new ministers, the Congress will have nearly 12 of its legislators inducted into the cabinet. Lone Bahujan Samaj Party MLA N Mahesh will also be a part of the cabinet expansion and will be given a key portfolio.
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The move is expected to delay the introduction of low-priced medicines in the market.
In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore
The opposition parties vehemently criticised the new 'one nation, one tax' system having four different rates instead of a single rate adopted in some countries including the UK and Singapore.
Sectors throw up a wishlist for the Finance Minister.
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