The decision to impose a 28 per cent tax on the full face value of bets placed on online games will be implemented from October 1 even though there was demand for a review from states like Delhi and Goa, finance minister Nirmala Sitharaman said on Wednesday. The GST Council -- the highest decision making body of the new indirect tax regime that comprises Union finance minister and representatives of all states -- discussed the language of amendments that will be needed to enabling taxing online gaming, she said after the panel meeting.
The Budget should use the extra RBI surplus to better effect, suggests A K Bhattacharya.
The charged PTI supporters, including women and children, showed their solidarity with Khan during the rally that started at 9 pm on Sunday and lasted till 3 am on Monday.
In a memorandum submitted to the EC, the INDIA party leaders submitted a list of recent instances of central agencies targeting Opposition parties and alleged an absence of a level playing field for the opposition.
'Young IFS officers today would take it for granted that they represent a major country with strengths and capabilities.' 'They will be aware that India is seen as one of the 10 significant countries in the world and therefore their voice will be heard whether on climate change or regime change,' says Ambassador B S Prakash.
The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.
Indicating that Tamil Nadu will soon follow Maharashtra in witnessing a regime change, state Bharatiya Janata Party chief K Annamalai has claimed "an Eknath Shinde will emerge in" the state, comments that were dismissed outright by the ruling party.
Assessment of the 427 account holders associated with HSBC list will be completed by March 21, 2015.
The National Pension System (NPS) added 21.5 per cent fewer fresh subscribers under the corporate segment in 2023 compared to the preceding year. Government officials and experts attribute it to the higher exemption limit of income tax of Rs 7 lakh announced in the FY24 Budget that no more requires employees under this income bracket to opt for NPS for tax-saving purposes. Data collated from the Ministry of Statistics and Programme Implementation (MoSPI) reveals that the corporate component is voluntary in nature and saw 158,212 new subscribers in 2023 compared to 201,517 during 2022.
With no apparent wave on the ground or pressing everyday issues, that's what it boils down for voters as Rajasthan readies for assembly polls this week.
The curious onlookers that greet the candidates are, however, unaware about the importance of history. They are just there to catch a glimpse of 'Rani Ma' Amrita Roy or Mahua Moitra.
Development economist Jean Dreze said the Indian democracy is currently navigating a crisis that is not only limited to the 'recent wave of authoritarianism' but also suppression of opposition voices by the ruling Bharatiya Janata Party.
Patel's elevation and his subsequent projection as chief ministerial face -- he is the first from the Kadva Patidar sub-group to be the chief minister -- is key to BJP's plans to woo the Kadva Patidar community, which some political observers feel, has drifted away from the party.
'By manipulating India's electoral laws, the aim of the Modi government is to weaken democracy to such an extent that it ultimately crumbles.'
'We all are united and intact. We have been working for the people and will continue to serve people. We have done a lot of developmental work in Bihar. From constructing good roads, bridges, electricity, and drinking water facilities to several other infrastructural projects, we have done a lot of work in the state. The electorate will make the final decision'
Celebrate the weekend with Shah Rukh Khan and more on OTT.
Cut down sugar. Have a balanced meal. Drink plenty of water. Get some sun.
'When his captaincy is under threat, he tends to quit': Manjrekar on Kohli
Primary markets may see banks using electronic clearance systems (ECS) to clear cheques in order to reduce the gap between the time an issue closes and its listing on the bourses.The primary market advisory committee of the Securities and Exchange Board of India (Sebi) met on Friday to iron out some of the logistical difficulties involved in making the IPO process faster.
'The government is using the agencies of the government to suppress the Opposition.'
The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.
Madhabi Puri Buch, the first female chairperson of Sebi, doesn't plan to rest on her laurels in her third and final year in office and has set out an ambitious goal, such as moving towards a same-day and instantaneous settlement cycle for the secondary market.
To many Pakistanis, Trump's anti-Muslim rhetoric and business ties to India are signs that his administration could favour New Delhi.
Vaughan wants England management to take inspiration from Manchester City boss Pep Guardiola.
Former Maldivian president Mohammed Nasheed has sought a "robust" US support for free and fair elections in his country that has been hit by political crisis following a regime change.
Pakistan Muslim League-Nawaz (PML-N) president Sharif, 70, and Pakistan Tehreek-i-Insaf (PTI) vice-chairman and former foreign minister Shah Mahmood Qureshi on Sunday filed their nomination papers for the post.
The government has exempted units of investment trusts and ETFs issued by entities based in GIFT City or traded in exchanges there from capital gains tax. The Central Board of Direct Taxes (CBDT) notified the exemption from capital gains tax any unit of investment trust; a unit of a scheme; and a unit of an Exchange Traded Fund (ETF) launched under the International Financial Services Centres Authority (Fund Management) Regulations, 2022. Gujarat International Finance Tec-City (GIFT)-IFSC is being promoted as a tax-neutral enclave for the financial sector.
Shah made the announcement while addressing the passing out parade of the first batch of the five newly constituted Assam Police Commando battalions in Guwahati.
Embattled Delhi Chief Minister Arvind Kejriwal walked out of the Tihar Jail on Friday evening, hours after the Supreme Court granted him interim bail in a money laundering case to enable him to campaign in the Lok Sabha elections, in a huge relief to his party struggling to gain momentum in the absence of its foremost leader.
There is a congruence of interests between Ukrainian intelligence and its Western mentors to destroy Wagner and eliminate it from the geopolitical chessboard altogether, argues Ambassador M K Bhadrakumar.
rediffGURU Samkit Maniar answers readers' personal income tax queries
On the controversial AFSPA, the home minister said, "We will also think of revoking AFSPA."
If banks have a surplus, they have the option of parking the money with the RBI.
While Telangana Chief Minister K Chandrashekar Rao has made his national ambitions amply clear, even rechristening his party to aid the process, his Tamil Nadu counterpart M K Stalin insists he is already in the national scene and used his birthday rally on March 1 to not only strongly pitch for the Congress as a force to reckon with in the efforts to dislodge the Narendra Modi-led dispensation at the Centre, but also sought to shoot down the prospects of a Third Front.
Stalin, moving the resolution, said without giving any reasons, Ravi had returned the Bills, mentioning "I withhold Assent" to them.
The protesting farmers' main demand to legalise the minimum support price (MSP) regime has divided opinion. One school of thought says it would lead to crop diversification and help India keep under check its burgeoning import bill on edible oils and pulses, while another says it would incentivise farmers to produce low-quality crops. Contrary to popular perception, India has a trade surplus in agriculture and allied activities, which stood at $18.65 billion during 2022-23 (FY23) against $15.92 billion in the previous year. However, the surplus was mainly on account of rice, wheat, sugar, spices, and buffalo meat.
Zak Crawley said most of his teammates have become better players since embracing the ultra-aggressive 'Bazball' approach
He also said GST will take about a year to stabilise.
Tony Abbott's views come at a time when the influential G-20 grouping, that includes India, is making stringent efforts to crack down on illicit money flow in the financial system.
One looks upon the coming new year with foreboding as current wars in Ukraine and Gaza spill over and escalate and new ones erupt in incipient fault lines across the world, notes former foreign secretary Shyam Saran.
