This incident has again exposed that despite prohibition being in force in Bihar, alcohol is still available in the black market and that the liquor mafia is very much active
Back of the envelope calculations put government expense on each of the new schemes promised by the DMK and the AIADMK at tens of thousands of crores. But then, neither party has said how they are going to also address the mounting debt burden either, says N Sathiya Moorthy.
The ambiguity arose after notices were sent to lenders for non-payment of service tax under the pre-GST regime
Huge margins, high custom duty and increasing demand among youngsters have led to exponential increase in smuggling of foreign cigarettes.
For last fortnight, the tariff value of gold was fixed at $382 per 10 grams and silver at $516 per kg.
The revised structure will help to keep airfares down, when airlines already face a triple challenge of rising crude oil prices, rupee depreciation and constrained airport capacity.
Rocky's mother and suspended Janata Dal-United MLC Manorma Devi told a police team that he will surrender in the court soon. M I Khan reports.
India, the world's largest consumer of gold, has imported 393.68 tonnes of the yellow metal during the April-September period of this year
China is slowing down, Europe is barely afloat and the US is meeting a larger chunk of its own demand.
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.
Inflation surged to 6.46 per cent during the week ended March 3, as against 6.10 a week ago as vegetables became costlier and so did cement, whose prices were hiked by manufacturers after the Budget.
Rajan also said weak results from India's corporate suggested final demand is yet to pick up strongly.
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 corporate income tax breaks make up a relatively small part of $80 billion in business giveaways.
LG Electronics India Ltd on Thursday said it was planning to manufacture laptops at its proposed greenfield plant at Ranjangaon near Pune.
'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'
Service tax collection is likely to cross the Rs 40,000 crore (Rs 400 billion) mark this fiscal, far exceeding the target of Rs 35,000 crore (Rs 350 billion), a senior Finance Ministry official said on Thursday.
Ahead of the Budget, Finance Minister Arun Jaitley on Tuesday underlined the need for tax reforms and quick decision making to ensure stability in policy regime.
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.
Banks asked to maintain record of cash being ferried in these vehicles all the time
The state has extended its full support, provided its revenues are protected.
But the finance ministry has justified the action saying laws can be amended retrospectively through 'validating legislation,' which is legally permissible.
Tina, 22, a graduate from Delhi's Lady Shri Ram College, topped the 2015 civil services exam securing 1,063 marks (52.49 per cent) out of a total of 2,025-comprising 1,750 of main and 275 of interview.
The Central revenue department is inquiring into the payment of service tax by the event management firm which had organised the controversial Thinkfest on behalf of the Tehelka magazine.
The Central revenue department is inquiring into the payment of service tax by the event management firm which had organised the controversial Thinkfest on behalf of the Tehelka magazine.
Continued lack of consensus at next meeting could cast shadow on GST rollout by April 1.
The government on Wednesday reduced the import tariff value on gold to $425 per 10 grams due to falling international prices.
After Mumbai Police commissioner issued the directive, the police commissioners of Thane and Navi Mumbai followed suit citing concerns of 'serious crimes' and 'law and order disruptions'.