Last week, RIL and urea companies failed to settle the key terms of gas supply from April 1 upon expiry of the five-year contracts that priced gas from the eastern offshore KG-D6 fields at $4.205 per million British thermal units.
Delays in returning money for disputed transactions have also come under RBI's scanner.
'It is not the duty of government to protect minority religions or promote it.'
Indian and Finnish finance ministry officials on Tuesday discussed Nokia's Rs 21,153 crore (Rs 211.53 billion) tax dispute case and reviewed the double taxation avoidance agreement.
Justice Misra, 63, has been a part of several key verdicts.
The SC on Monday deferred by two weeks the hearing on state-run BSNL's appeal against the order of a tribunal bench that asked it to pay interest to BPL Mobile Cellular for delaying payments toward calls made to the private company's network.
The criminal case was registered by the Mumbai zonal office of the agency after it got reports in this regard from the Sebi.
Reliance Infocomm violated the licence conditions by evading levy through illegally routing international calls as local ones, the government on Monday told the telecom tribunal.
The amount is penalty charged on the Mukesh Ambani-led company for failing to develop the C-66 plot in G Block, named as One BKC.
Cairn Energy of UK is seeking compensation from the Government of India.
Jet Airways Chairman Naresh Goyal said this price represents a 40 per cent discount to the originally agreed price.
Disfavouring 'blunt' steps like search and seizures, Finance Minister P Chidambaram on Wednesday invited 582 top corporates to avail a single-window tax payment facility
Rohit makes his way back into Test squad for Sri Lanka series
Rejecting UTI's contention that there was no deficiency of service or negligence on its part, the court agreed with the District Consumer Forum rulings that UTI was bound to pay the amount to the unit-holders.
Gujarat has topped with a score of 71.14% on ease of doing business list.
The Centre said that the arbitration under United Nation Convention on the Law of Sea (UNCLOS), which was instituted on a request from the Republic of Italy has delivered its Award on May 21, 2020.
With auditing under the scanner and two of the Big Four firms stopping non-audit services for audit clients, auditors will now be subjected to a more stringent standard of reporting.
News of all that's transpired on and off the football field
While government/PSU procedures focus on piece meal & individual tenders taken on standalone basis, avoiding delays and cost of not doing things becomes a primary consideration in PSC procurement
'If you are a smoker, you should not provide misleading information to the insurer about your smoking habit in the insurance proposal form,' advises Pankaj Razdan.
The Bill will make it tougher for workers to go on strike.
Analysts have pointed out that with the dues arising out of the SC judgment there could soon be only two private telcos in the country, and not three - Reliance Jio, Bharti Airtel and Vodafone Idea - as now.
The retrospective tax controversy was highlighted by Vodafone, but Cairn Plc's continuing problems point to the impact this law has had on FDI in India's oil and gas sector.
In July 2013, RBI warned banks against sending unsolicited cards.
Reliance Infocomm on Monday paid Rs 150 crore (Rs 1.50 billion) penalty to government following dismissal of its petition by telecom tribunal TDSAT on illegal routing of international calls.
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
Reliance Infocomm on Thursday got a temporary relief from paying Rs 150 crore (Rs 1.5 billion) penalty imposed by the government on charges of illegal routing of international calls, with the telecom dispute appellate tribunal TDSAT directing that th
Bankers and executives involved in ATM operations said challenges abounded in this segment.
Former wicketkeeper-batsman Adam Gilchrist has broken ranks with current and former players by backing Cricket Australia's pay offer and terming it as a `very fair deal`.
West Bromwich Albion manager Tony Pulis said on Friday he was disappointed to have lost a High Court battle last week after being ordered to pay 3.7 million pounds ($4.66 million) to his former club Crystal Palace in a dispute over the way he left.
The Indian cricket board has decided to waive off the financial penalty of $41.97 million that was imposed on the West Indies Cricket Board (WICB) for pulling out midway during their 2014 series against India, BCCI president Shashank Manohar stated.
Cricket Australia has made an attempt to lure away its key players from the lucrative Indian Premier League by offering them multi-year central contracts, a report has claimed.
The contractual workers at Halol were severed by 2016 as the contracts were not renewed, while the permanent workers were offered a separation package in the form of a voluntary retirement scheme
Sanket Pandya, one of the two engineers left stranded in Iran since December 2013, has urged the Indian government to facilitate their early and safe return after the duo were illegally 'confined' following the seizure of their passports when their Goa-based employer got embroiled in a dispute with a company there.
The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).
New India Assurance has been ordered by the apex consumer court to pay Rs 1.45 crore with 12% interest from May 1, 2000 till date on payment to an export company whose stock of seafood was damaged by the Orissa super cyclone in 1999.
"The underlining theme with which we have been working till now is that we trust the taxpayers and from purely an enforcement agency, we are shifting our focus to being a service-oriented department," says CBDT chairman Pramod Chandra Mody.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances