News for 'mop'

Ahead of Olympics, Neeraj ironing out kinks in technique

Ahead of Olympics, Neeraj ironing out kinks in technique

Rediff.com11 Jul 2021

Chopra said he has missed the "natural feeling" of being in a world-class field, except for one occasion, in the run up to the Games which opens on July 23 -- that one time was the Kuortane Games event in Finland on June 26 where he won a bronze with a performance of 86.79m in a star-studded field comprising, among others, Olympics gold favourite German Johannes Vetter, who won the event with a massive throw of 93.59m.

Why the bid war for DHFL may well end up being a curse for the winner

Why the bid war for DHFL may well end up being a curse for the winner

Rediff.com8 Jan 2021

While the lender has Rs 17,000 crore of retail assets and land parcels in Juhu, Borivali, Worli, and Chembur in Mumbai, there may be a disconnect between the quality of DHFL's books and the value bidders ascribe to it.

Service tax mop up to cross Rs 40,000 cr

Service tax mop up to cross Rs 40,000 cr

Rediff.com20 Jul 2006

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.

More people paying up taxes, I-T mop-up rises

More people paying up taxes, I-T mop-up rises

Rediff.com7 Jul 2006

Income tax collections recorded a whopping 54 per cent growth at Rs 12,498 crore (Rs 124.98 billion) in the first quarter of this fiscal

Centre releases Rs 36,400-cr GST compensation to states

Centre releases Rs 36,400-cr GST compensation to states

Rediff.com4 Jun 2020

Under the GST law, states were guaranteed to be paid for any loss of revenue in the first five years of the GST implementation from July 1, 2017.

Gross tax mop up at Rs 2,57,558 cr

Gross tax mop up at Rs 2,57,558 cr

Rediff.com6 Mar 2006

The centre's gross tax collection rose by 21 per cent at Rs 2,57,558 crore (Rs 2575.58 billion) till January this fiscal thanks to buoyancy in service tax, income tax and corporate tax receipts.

Tax mop up rises to Rs 2,30,839 cr

Tax mop up rises to Rs 2,30,839 cr

Rediff.com1 Feb 2006

The Centre's gross tax collection was up by about 19 per cent at Rs 2,30,839 crore (Rs 2308.39 billion) till December this fiscal backed by spurt in corporate earnings and imports.

SEE: How India's Olympic-bound athletes have innovated in lockdown

SEE: How India's Olympic-bound athletes have innovated in lockdown

Rediff.com13 May 2021

The frustration for aspirant Olympians has been palpable and athletes like table tennis player Sathiyan Gnanasekaran have been forced to innovate to stay sharp during the lengthy lockdowns.

Fertiliser to provide relief to FM for food subsidy

Fertiliser to provide relief to FM for food subsidy

Rediff.com21 Feb 2013

According to officials in the know, the government might cut the fertiliser subsidy in the next financial year. The international spot and contract prices of di-ammonium phosphate and muriate of potash (MOP) have come down in recent months.

Tatas, US-based fund among Air India bidders

Tatas, US-based fund among Air India bidders

Rediff.com14 Dec 2020

Salt-to-software conglomerate Tata group was among "multiple" entities who on Monday put in preliminary bids for buying the government's stake in loss-making carrier Air India.

I stay alone. And this is how I survived the lockdown

I stay alone. And this is how I survived the lockdown

Rediff.com8 May 2020

Rediff.com reader Milon Kumar Sanyal from Kolkata tells us how he kept himself busy during the lockdown.

Govt meets divestment target for 2nd year running. Here's how

Govt meets divestment target for 2nd year running. Here's how

Rediff.com9 Apr 2019

While divestment through IPOs saw an over 90 per cent drop as compared to the previous financial year, the exchange traded fund (ETF) route proved to be a shot in the arm for the government, reports Sundar Sethuraman.

Reliance MF's EOF mops up Rs 1,773.5 crore

Reliance MF's EOF mops up Rs 1,773.5 crore

Rediff.com21 Mar 2005

Reliance Mutual Fund has collected Rs 1,773.5 crore through the Initial Public Offering for its Equity Opportunities Fund.

Centre testing our patience, emasculating tribunals: SC

Centre testing our patience, emasculating tribunals: SC

Rediff.com6 Sep 2021

The Supreme Court Monday said the Centre was testing its "patience" and "emasculating" tribunals by not appointing officials to the quasi-judicial bodies which are facing severe crunch of presiding officers as well as judicial and technical members and sought action on the matter by September 13.

Direct tax mop-up jumps 15.7% to Rs 85,647 cr

Direct tax mop-up jumps 15.7% to Rs 85,647 cr

Rediff.com5 Aug 2010

As per the data released by the Central Board of Direct Taxes today, the growth in corporate income tax logged in a healthy 21 per cent growth to Rs 51,627 crore (Rs 516.27 billion) as against Rs 42,685 crore (Rs 426.85 billion) in year-ago period.

Check before investing in New Fund Offers

Check before investing in New Fund Offers

Rediff.com14 Jan 2021

It is advisable to avoid a fund until it develops a track record.

Why Every Indian Must Use the RTI Act

Why Every Indian Must Use the RTI Act

Rediff.com14 Jul 2021

'Sometimes we succeed, sometimes we don't.' 'But you can use the RTI to improve the future.'

Govt plans to mop up Rs 6K cr from land auctions

Govt plans to mop up Rs 6K cr from land auctions

Rediff.com27 May 2010

Following the success of the Rs 4,050-crore Wadala land deal in central Mumbai, at least three government agencies are planning to sell plots worth at least Rs 60 billion (Rs 6,000 crore) in the next two months.

States' GST woes mount as April collections plunge

States' GST woes mount as April collections plunge

Rediff.com6 Jun 2020

The Centre managed to collect only Rs 990 crore as compensation cess in April 2020-21, almost one-ninth of the figure of Rs 8,874 crore mopped up a year ago. The subdued collection would further increase states' problems unless the GST Council, which meets next week, decides to borrow from the market.

SC allows collegium to continue, reserves order on its improvement

SC allows collegium to continue, reserves order on its improvement

Rediff.com19 Nov 2015

The Centre expressed its inability before the SC in formulating the draft Memorandum of Procedure for appointment of judges.

Tax revenue mop up to cross Rs 6,00,000 cr

Tax revenue mop up to cross Rs 6,00,000 cr

Rediff.com28 Jan 2008

Riding on a buoyant economy and better tax compliance, gross tax revenue collections are likely to surpass the Rs 6,00,000 crore (Rs 6000 billion) mark in 2007-08. In other words, tax revenue is expected to double compared with Rs 3,04,958 crore (Rs 3049.58 billion) in 2004-05.

PICS: Anderson kept on 599 wickets as Pakistan dig in after follow-on

PICS: Anderson kept on 599 wickets as Pakistan dig in after follow-on

Rediff.com25 Aug 2020

IMAGES from Day 4 of the 3rd Test played between England and Pakistan at the Rose Bowl in Southampton on Monday.

Coming Soon! RBI's CBDCs Revolution

Coming Soon! RBI's CBDCs Revolution

Rediff.com20 Aug 2021

If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.

Why RBI wants rupee to remain weak for some more time

Why RBI wants rupee to remain weak for some more time

Rediff.com24 Dec 2020

The RBI governor is focused on growth, and keeping rupee slightly depreciated is part of that 'Atmanirbhar Bharat' strategy.

Firms raise Rs 58,801 crore via equity markets in FY'15

Firms raise Rs 58,801 crore via equity markets in FY'15

Rediff.com31 Mar 2015

The QIP route was a big hit.

Govt to press ahead with PSU stake sale: Sitharaman

Govt to press ahead with PSU stake sale: Sitharaman

Rediff.com17 Dec 2020

The government will press ahead with the sale of public sector companies that have been approved by the Cabinet, Finance Minister Nirmala Sitharaman said on Thursday. Highlighting that FDI flow into India is much higher compared to other emerging economies, she said India's strong macroeconomic fundamentals, ability to do reforms and a stable government help attract long-term foreign funds into Indian businesses.

Magnificent Malan guides South Africa to series win

Magnificent Malan guides South Africa to series win

Rediff.com5 Mar 2020

Janneman Malan, who was out to the first ball of the match on debut on Saturday, anchored the South African reply, taming his usual swashbuckling style to score 129 not out from 139 balls and lead the home side to victory with nine balls to spare.

PIX: West Indies teetering after being set imposing target to win

PIX: West Indies teetering after being set imposing target to win

Rediff.com26 Jul 2020

Images from Day 3 of the third and final Test between England and West Indies at Old Trafford in Manchester on Sunday.

Rs 29,487 cr selloff mop-up in 12 yrs

Rs 29,487 cr selloff mop-up in 12 yrs

Rediff.com23 Jul 2003

Divestment Minister Arun Shourie informed the Lok Sabha on Wednesday that during April 1991 and March 2003, Rs 29,487 crore (Rs 294.87 billion) have been realised as divestment proceeds.

SC's verdict on improving collegium system likely today

SC's verdict on improving collegium system likely today

Rediff.com16 Dec 2015

The Supreme Court is likely to pronounce on Wednesday the verdict on bringing transparency in the collegium system of appointing judges in higher judiciary.

Despite market volatility, equity NFOs are quite popular with investors

Despite market volatility, equity NFOs are quite popular with investors

Rediff.com9 Oct 2019

The number of equity schemes rose to 562 from 519 two years ago. Equity NFOs, in fact, have mopped up more than Rs 16,000 crore since 2018 - 2.7 times the Rs 5,948 crore collected in the preceding three calendar years.

Why Budget proposal on digital tax may land in court

Why Budget proposal on digital tax may land in court

Rediff.com19 Feb 2021

The central government's clarification on the 2 per cent equalisation levy on foreign digital operators in the Budget, which considerably expands the scope of the levy, might be challenged in court, with several companies contemplating filing a writ petition in the coming few weeks. The writs might be filed on the grounds of the levy's alleged extra-territorial overreach, as it aims to cover those entities that do not have a physical presence in India, going against international taxation rules.

After Rajasthan, petrol crosses Rs 100-mark in Madhya Pradesh

After Rajasthan, petrol crosses Rs 100-mark in Madhya Pradesh

Rediff.com18 Feb 2021

After Rajasthan, petrol price on Thursday crossed the Rs 100 per litre mark in Madhya Pradesh after fuel rates were increased for the tenth day in a row. Petrol price was hiked by 34 paise per litre and diesel by 32 paise, according to a price notification of state-owned fuel retailers. While branded or additive-laced petrol, which attracts higher taxes, had crossed the Rs 100-mark in some places in states like Maharashtra, Madhya Pradesh and Rajasthan, regular petrol crossed the physiological mark in Sriganganagar town of Rajasthan on Wednesday, and on Thursday it went past that mark in Madhya Pradesh. In Anuppur of Madhya Pradesh, petrol is priced at Rs 100.25 per litre and diesel at Rs 90.35. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges.

Indirect tax mop up to cross Rs 2,00,000 cr

Indirect tax mop up to cross Rs 2,00,000 cr

Rediff.com24 Feb 2006

The Finance Ministry on Friday said indirect tax collections are likely to cross Rs 2,00,000 crore (Rs 2000 billion) this fiscal, well above the target of Rs 1,92,215 crore (Rs 1922.15 billion).

GST collections top Rs 1 lakh crore in January

GST collections top Rs 1 lakh crore in January

Rediff.com31 Jan 2019

This is the third time in current fiscal that GST collections have crossed the Rs one lakh crore-mark.

Budget making exercise starts, health outlay may get 50% boost

Budget making exercise starts, health outlay may get 50% boost

Rediff.com30 Nov 2020

Outlay for infra is also expected to see a significant increase in view of the government's Rs 111-trillion investment plan under the national infrastructure pipeline to develop social and economic infrastructure over five years.

Service tax to mop up Rs 60,000 cr by '10

Service tax to mop up Rs 60,000 cr by '10

Rediff.com30 May 2005

Industry body Assocham on Monday said service tax is likely to fetch Rs 60,000 crore (Rs 600 billion) by 2010 if government doubles the existing service tax list of 72 items.

FDI in real estate can mop up Rs 4,000 cr

FDI in real estate can mop up Rs 4,000 cr

Rediff.com25 May 2005

India could attract as much as Rs 4,000 crore (Rs 40 billion) in foreign direct investment in real estate by 2010 if certain Acts pertaining to Urban Land Ceiling, Rent Control and Land Acquisition were repealed.

Petrol price anomaly can be addressed under GST: Sitharaman

Petrol price anomaly can be addressed under GST: Sitharaman

Rediff.com20 Feb 2021

Amid an outcry over record high petrol and diesel prices, Union Finance Minister Nirmala Sitharaman on Saturday said the Centre and state governments will have to together work out a mechanism to bring retail rates to reasonable levels.