'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'
The Supreme Court has extended the services of terminated teachers in West Bengal who were found untainted by the CBI, providing relief to the state. The court did not, however, extend the services of grade 'C' and 'D' employees of state-run and aided schools. The court directed the state government to start the recruitment process by May 31 and conclude it by December 31.
The gross GST collection rose 7.3 per cent year-on-year to Rs 1.77 lakh crore in December. The Central GST collection stood at Rs 32,836 crore, State GST at Rs 40,499 crore, Integrated IGST at Rs 47,783 crore and Cess at Rs 11,471 crore, according to government data released on Wednesday.
The final was delayed by 36 minutes after thousands of Liverpool supporters were unable to get into the Stade de France for the match
The Supreme Court of India has invalidated the appointment of 25,753 teachers and other staff in West Bengal's state-run and state-aided schools, deeming the selection process "vitiated and tainted." The court ordered the state government to conduct a fresh selection process within three months. The decision comes after a Calcutta High Court verdict in April 2024, which also annulled the appointments. The apex court, while upholding the high court's order, made some modifications, including exempting disabled employees from returning their salaries. The case stemmed from alleged irregularities in the 2016 recruitment process by the West Bengal School Service Commission (SSC), involving OMR sheet tampering and rank-jumping. The Supreme Court had previously termed it a "systemic fraud." Former West Bengal education minister Partha Chatterjee and Trinamool Congress MLAs Manik Bhattacharya and Jiban Krishna Saha are among the accused being investigated in the recruitment scam.
'...rectification has to happen then and there, and that takes additional time.'
'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
rediffGURU T S Khurana answers readers' personal income tax queries.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
Registering the agreement for sale remains the most reliable way for a homebuyer to secure their legal and financial interests.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
A senior government official confirmed that after a meeting with other stakeholders, the decision has been taken and airlines and airport authorities have been informed about it.
Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. As per the official data released on Saturday, on a gross basis, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
The ICC Champions Trophy in Pakistan has seen a decline in attendance following the early exit of the Pakistani cricket team and the start of Ramadan.
Taking possession without an OC can lead to legal complications, denial of utilities such as water and electricity, hurdles in availing home loans or reselling the property, and even eviction.
The Supreme Court on Monday directed uniform pension benefits for all retired high court judges, irrespective of their mode of appointment or tenure, saying "one rank one pension has to be the norm in respect of a constitutional office".
'Buyers should be provided either a fixed possession date or a firm date for the start of construction.'
'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'
'Bringing it back will help prevent reassessments of the income already disclosed.'
FLEXI Show will give the audience the freedom to leave the movie hall at any point while paying only for the time they watched it.
Air India said on Monday that it has processed passengers refunds of more than Rs 150 crore during the first few months after its privatisation. After winning the bid for Air India on October 8 last year, the Tata Group took charge of the airline on January 27. Since then, the airline has been taking multiple steps to address the legacy issues such as stuck refunds.
In its draft policy released last month, the CBSE had proposed conducting Class 10 board exams twice in an academic year from 2026.
The 56-year-old judge, enrolled as an advocate in 1992, was appointed as an additional judge of the Allahabad high court on October 13, 2014 and took oath as a permanent judge of that court on February 1, 2016.
Thousands of tourists have begun leaving Kashmir after a terror attack in Pahalgam killed 26 people, prompting authorities to arrange for their safe return. Chief Minister Omar Abdullah expressed concern over the exodus, while the Civil Aviation Ministry has ordered airlines to ensure there are no fare hikes and to offer extra flights from Srinagar. While many tourists are leaving, some are choosing to stay, citing the presence of security forces and their feeling of safety.
The Enforcement Directorate (ED) has earmarked assets worth about Rs 15,000 crore that will be restored to victims of real estate, Ponzi and other frauds across India during the current financial year. The agency has been "aggressively" initiating this provision for restitution since last year to ensure rightful claimants duped by financial crime get their dues. The ED has already restored Rs 31,951 crore worth of assets under this provision, including Rs 15,201.65 crore from 2019-21 in cases related to Vijay Mallya, Nirav Modi and the National Spot Exchange Limited (NSEL). The ED Director has issued directions to all regions to actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26.
March 31 marked 10 years since the Modi government introduced its first Foreign Trade Policy (FTP 2015-20) that lasted for 8 years before the current FTP 2023 came in. Here is a brief assessment. In 2015, the government said that it aims to increase India's exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion by 2019-20 and to raise India's share in world exports from 2 per cent to 3.5 per cent.
'Once filed, it cannot be revised or rectified.'
Net direct tax collection grew 13.13 per cent to over Rs 21.26 lakh crore so far this fiscal aided by by higher advance tax mop up, government data showed on Monday. During the year, the government collected Rs 10.44 lakh crore from four instalments of advance tax as against Rs 9.11 lakh crore in the previous fiscal, registering a growth of 14.62 per cent.
rediffGURU T S Khurana answers readers' personal income tax queries.
The Kota district administration has released new guidelines for coaching centers and hostels under the 'Kota Cares' Campaign to reduce the cost of living for students preparing for competitive exams. The new guidelines include the elimination of security and caution money, a maintenance fee of Rs 2,000, anti-suicide ceiling fans, and mandatory gatekeeper training for hostel staff. The campaign aims to attract more students to Kota after a sharp decline in enrollment due to the pandemic.
The Supreme Court Friday assured the home buyers of the to-be-razed 40-storey twin-towers of real estate firm Supertech in Noida that they will be refunded the full amount deposited with the builder. The apex court also asked the Interim Resolution Professional (IRP) of the firm, facing insolvency proceedings, to deposit Rs one crore with the apex court registry. The Supertech's 40-storey twin towers at Emerald Court Project of Sector 93A of Noida are scheduled to be razed on August 28.
Lord's suffers a loss of 4 million pounds in ticket sales due to India's absence in WTC final.
Gross GST collections grew 8.5 per cent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season.
Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.
The National Commission condemned the builder for creating third-party rights during litigation, thereby depriving the buyer of a permanent roof over his head, points out Jehangir B Gai.
From 30 Sensex shares, Bajaj Finserv jumped nearly 8 per cent while Bajaj Finance soared over 6 per cent. Maruti, Titan, Mahindra, Mahindra & Mahindra, Infosys, HCL Tech, Zomato, UltraTech Cement and Kotak Mahindra Bank were the other major gainers. Sun Pharma emerged as the only laggard.
ITRs with zero tax liability have increased to 55.7 million in FY25.
The share of Ahmedabad in the total value of trades on both the BSE and NSE is set to touch double digits for the third year in a row.
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