The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
Participating in the eighth edition of Deepotsav in Ayodhya - the first since the consecration of Ram temple on January 22, Adityanath said, "This is a historic first as after 500 years, Lord Ram is now in his abode in Ayodhya for Diwali."
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
'When I called the HR department, they abused me.'
The paramilitary Rangers, which were called in to maintain law and order in the disputed region, came under attack while moving out of the region, the Dawn newspaper reported.
The government introduced new tax rules on Wednesday aimed at reducing litigation with multinational firms over cross-border transactions the government considers tax avoidance schemes.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.
Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday. "We have communicated with the Indian company seeking revision of the agreement," an official of the state-run Bangladesh Power Development Board (BPDC) told PTI on the condition of anonymity and without elaborating on the matter. Media reports suggested that the "high coal price" to be purchased for the Adani plant at India's Jharkhand emerged as the key factor for the dispute.
'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'
'The quality of a leader should be such that even if the leader is not there, the institution carries on.'
'Afzal Guru became a victim of Pakistan's conspiracy. He was used as a means, just like all other innocent Kashmiris.'
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.
The legal battle between Byju's and lenders in the US on the edtech firm's $1.2-billion term loan B (TLB), along with the company skipping an interest payment of $40 million on the loan, has made the other investor Davidson Kempner Capital Management, "extremely concerned", according to the people familiar with the matter. They said Byju's has closed a Rs 2,000-crore ($250 million) round from the US-based investment firm and it may stop or consider slowing down the flow of various tranches of that capital to the company. It may also decide not to provide any new funding or participate in any such round in the future, the sources said.
APAs are part of govt's aim to move to a non-adversarial tax regime.
A division bench of Justices Vibhu Bakhru and Amit Mahajan set aside the single judge's December 24, 2019 order pegging the value of the property at Rs 130 crore.
In a bid to democratise education, cash-strapped edtech firm Byju's has significantly reduced the prices of its products. The annual subscription fee for the Byju's Learning App now stands at Rs 12,000 (inclusive of taxes) per year, while Byju's Classes and Byju's Tuition Centres (BTC) are priced at Rs 24,000 and Rs 36,000 respectively for a full year of classes, according to the sources.
Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields. High Court judge Ross Cranston on June 9, 2022 ruled that the government should have brought its objections over the arbitration tribunal not meeting the required thresholds, when issuing the 2021 award earlier, two sources with knowledge of the matter said. Rejecting the government's arguments, the court said the objections are barred by an English law principle whereby a party cannot raise matters in new proceedings that could have been raised in earlier proceedings.
The Finance Ministry is of the opinion that Vodafone might drag its tax dispute to court.
FY14 sees 16% decline in adjustments; department adds only Rs 59,000 crore to the profits attributed by multinationals, against Rs 70,000 crore a year ago
Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.
Here are the key highlights of the BJP's 'Sankalp Patra' for the 2024 parliamentary polls.
The withdrawal of the arbitration will now entitle the two companies to marketing and pricing freedom on the natural gas they produce from newer fields in the deep sea at an investment of Rs 40,000 crore by 2022.
The weavers have received customised orders for various patterns on the sarees, including Ram Mandir motifs on the pallu, designs detailing life of Lord Ram right from his childhood to killing Ravana, and 'Shree Ram' inscriptions on the border.
The Bharatiya Janata Party is hopeful that the issue will come handy to its efforts to gain political traction in Dravidian state as it gears up for the Lok Sabha polls.
Sources said the issues to be raised during the monsoon session of Parliament starting July 19 were discussed at a meeting of the Congress parliamentary strategy group on Wednesday, which was chaired by party chief Sonia Gandhi and attended by former prime minister Manmohan Singh and former Congress president Rahul Gandhi.
If the Ministry of Civil Aviation has its way, the proposed regulatory authority for the sector will act as an arbitrator in case of disputes over airfare. The airlines, however, will be free to decide on ticket pricing.
Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.
'.. if you do not want to take the asset allocation call.'' 'This category of funds can offer optimum risk-adjusted returns.'
Honda's chief executive on Sunday disputed the low-cost business model championed by India's Tata Motors, saying that bad roads and high petrol prices would keep many emerging market travellers on motorcycles for years to come.
Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.
Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.
Bids were received for only 36 of the 70 blocks that were on offer.
A court ruled in favour of Vodafone on Friday in a long-running dispute with the Indian taxman, a boost for the British telecom group whose tax battles have been seen as emblematic of the troubles facing foreign investors in India.
The Supreme Court had ruled in Vodafone's favour in 2012.
Dismissing his Assam counterpart's claim, Meghalaya Chief Minister Conrad K Sangma on Tuesday asserted in the assembly that Mukroh village on the disputed inter-state border, where a violent clash claimed six lives last year, is a part of the hill state.
Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.
The United States supports a constructive dialogue and meaningful conversation between India and Pakistan, the Biden administration said Thursday reiterating that it's for New Delhi and Islamabad to decide on the nature of that dialogue.
RNRL is seeking 28 million cubic meter of gas a day or more than one-third of peak output from RIL's eastern offshore KG-D6 fields at a price set in a 2005 family agreement.
Vodafone is locked in twin tax disputes with the government.
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