News for 'revenue department'

Goa CM distributes portfolios, retains home, finance

Goa CM distributes portfolios, retains home, finance

Rediff.com3 Apr 2022

Vishwajit Rane, who had unsuccessfully lobbied for the CM's post, has been given crucial Health and Town and Country Planning Portfolios along with Urban Development, Women and Child, and Forest departments.

49 lakh I-T refunds pending: Govt

49 lakh I-T refunds pending: Govt

Rediff.com9 Mar 2010

The government on Tuesday said around 49 lakh cases of income tax refunds are pending with the revenue department.

Tighter tax net for shops

Tighter tax net for shops

Rediff.com24 Mar 2003

Maharashtra realty sags under sand mining ban

Maharashtra realty sags under sand mining ban

Rediff.com5 Oct 2010

The real estate sector in Maharashtra foresees a loss of Rs 2,000 crore (Rs 20 billion) due to the ban on extraction of sand by the Bombay High Court. The realty industry has sought the intervention of the state government to tackle the crisis.

Mumbai builders hit sand trap

Mumbai builders hit sand trap

Rediff.com12 Feb 2010

A revenue department official said against 4,500 sand spots across the state, only 1,300 which had been cleared by the respective gram panchayats are available for auction.

SC to hear pleas related to Adani stock rout, may set up panel

SC to hear pleas related to Adani stock rout, may set up panel

Rediff.com17 Feb 2023

The crucial hearing on the PILs by a bench headed by Chief Justice D Y Chandrachud assumes significance in the wake of recent developments in which the Centre agreed to the apex court's proposal to set up a committee, likely to be headed by a former Supreme Court judge, to look into the regulatory regimes.

Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

Rediff.com16 Feb 2023

A fresh PIL was filed on Thursday in the Supreme Court seeking a probe by multiple central government agencies under the supervision of a panel or a former apex court judge against the Adani Group of companies following allegations of fraud and share price manipulation made by the US-based Hindenburg Research.

Was CIC Mahurkar Right In His Views?

Was CIC Mahurkar Right In His Views?

Rediff.com2 Dec 2022

'As CIC, you have the power to comment on policy matters. 'If you have very strong beliefs and you know your rulings will be reported, you will express your beliefs.'

22 dead as houseboat capsizes in Kerala's Malappuram

22 dead as houseboat capsizes in Kerala's Malappuram

Rediff.com8 May 2023

Sports Minister V Abdurahiman said 20 deaths were confirmed on the basis of information from various hospitals where those pulled out from the water and inside the boat were admitted.

Tribunal rules in favour of Jackie Shroff in I-T dispute

Tribunal rules in favour of Jackie Shroff in I-T dispute

Rediff.com28 Sep 2018

The issue dates back many years when the actor and others proposed bringing Sony TV channel to India.

LTTE strikes back, attacks Colombo

LTTE strikes back, attacks Colombo

Rediff.com21 Feb 2009

In a daring attack, two LTTE aircrafts tonight carried out strikes in the heart of Colombo dropping bombs near the Army Headquarters ground and on a government building in the high security zone. At least 28 people have been injured, news reports indicate.

Spectrum auction: Govt revenues reach Rs 1.03 lakh cr

Spectrum auction: Govt revenues reach Rs 1.03 lakh cr

Rediff.com17 Mar 2015

More than 87 per cent of the spectrum has been allocated to bidders.

Sebi to refer DLF lapses to ministry, I-T department

Sebi to refer DLF lapses to ministry, I-T department

Rediff.com15 Oct 2014

According to sources familiar with the development, Sebi has decided to make references to the Ministry of Corporate Affairs and the Department of Revenue, citing violations of the Acts these bodies govern.

Centre mulls raising tax-free slab to Rs 5 lakh

Centre mulls raising tax-free slab to Rs 5 lakh

Rediff.com19 Dec 2022

Policymakers are examining the possibility of increasing the tax-free slab to Rs 5 lakh in the two-year-old alternative personal income tax regime to make it attractive, a government official said. At present, taxpayers don't pay income tax if their taxable income is Rs 2.5 lakh and below. Increasing the threshold will reduce the tax outgo for assessees, thereby leaving more money with them to invest, the official said.

Direct tax mop-up to fall short of revised target

Direct tax mop-up to fall short of revised target

Rediff.com18 Mar 2010

The government would fall short of its target for direct tax collections for the second consecutive year, with the revenue department estimating its direct tax receipts at Rs 3,70,000 crore (Rs 3700 billion) for 2009-10.

Nano project: Farmers cry foul over land price

Nano project: Farmers cry foul over land price

Rediff.com4 Nov 2008

Farmers say they are paid lesser by Rs 110 per sq meter for road project. A day before the announcement of Nano project at Northcote farm in Chharodi village in Gujarat, the Ahmedabad district collector along with revenue department officials had assured the farmers that they would be duly compensated for the amount of land they given for four lane road project.

Laptops, free petrol for taxmen

Laptops, free petrol for taxmen

Rediff.com21 Jan 2008

The reason for the largesse, a first in the revenue department, is on account of direct and indirect tax collections exceeding the target (Budget estimate) for 2006-07. Total revenue collections stood at Rs 470,987 crore (Rs 4,709.87 billion) for the year, against the targeted Rs 439,952 crore (Rs 4399.52 billion).

Drug makers may fall under NDPS Act

Drug makers may fall under NDPS Act

Rediff.com27 Nov 2007

In a reversal of its two-year-old decision to avoid from the purview of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, the finance ministry, which administers the Act, has once again proposed compulsory registration of all medicine manufacturers and dealers that handle drugs that contain narcotic and psychotropic substances before the Central Bureau of Narcotics (CBN). CBN comes under the revenue department of the ministry.

Joshimath Tourism Industry Stares At Sinking Fortunes

Joshimath Tourism Industry Stares At Sinking Fortunes

Rediff.com11 Jan 2023

The tourism industry plays a vital role in the town, accounting for 70 per cent of its economy, according to experts.

FIPB told to reject telecom FDI from tax havens

FIPB told to reject telecom FDI from tax havens

Rediff.com19 Aug 2008

In another instance of Indian tax authorities adopting a hard-nosed stance to prevent abuse of tax avoidance treaties, the revenue department recently opposed a proposal of a Cyprus-based company to increase its stake in an Indian telecom services company from 40 per cent to nearly 74 per cent.

Bengal, Odisha on alert as cyclone likely to hit east coast on Oct 25

Bengal, Odisha on alert as cyclone likely to hit east coast on Oct 25

Rediff.com21 Oct 2022

Odisha is bracing for heavy rainfall early next week under the impact of a possible cyclone in the Bay of Bengal, which is likely to skirt the state and move towards West Bengal and Bangladesh, the Indian Meteorological Department (IMD) said on Friday.

Major quake predicted in Assam

Major quake predicted in Assam

Rediff.com1 Sep 2006

A sudden drop in atmospheric temperature and small earthquakes convinced seismologists to alert Assam government for a major earthquake in the near future.

Andhra CM returns 50 acres of land to waqf board

Andhra CM returns 50 acres of land to waqf board

Rediff.com12 Feb 2009

The Muslim leadership striving for the recovery of the encroached Waqf property in Andhra Pradesh achieved a major success on Wednesday as the Andhra Pradesh Chief Minister Y S Rajasekhara Reddy returned 50 acres of prime land to the state Waqf board.

UK Govt steps in to amend Chelsea's ticket sales ban

UK Govt steps in to amend Chelsea's ticket sales ban

Rediff.com24 Mar 2022

The British Govt amended the Special License enabling Chelsea FC to sell tickets to select competitions to fans

Service tax rules to converge from June

Service tax rules to converge from June

Rediff.com31 May 2007

The revenue department is expected to release two circulars mentioning details of all 100 services under the service tax net and related procedures in a simplified manner by mid-June.

'No choice': Elon Musk justifies mass layoffs at Twitter

'No choice': Elon Musk justifies mass layoffs at Twitter

Rediff.com5 Nov 2022

Musk has blamed activists for a significant drop in the company's revenues.

Top 100 advance tax payouts point to slowdown

Top 100 advance tax payouts point to slowdown

Rediff.com18 Dec 2008

Companies are required to pay three-fourth of their annual tax liability in three instalments, by June 15, September 15 and December 15, depending on their annual profit projections. Advance tax payout is seen as a leading indicator of the performance of the company as it is based on its estimate of profit for the full year.

GST collection up 18% at over Rs 1.33 lakh cr in Feb

GST collection up 18% at over Rs 1.33 lakh cr in Feb

Rediff.com1 Mar 2022

GST collections in February grew 18 per cent to over Rs 1.33 lakh crore in February even as the Omicron wave dented the month-on-month collection momentum. This is for the fifth time in the current fiscal that the Goods and Services Tax (GST) collection has crossed Rs 1.30 lakh crore mark. Also, this is the first time, cess collection has crossed the Rs 10,000 crore mark, signifying recovery in certain key sectors, especially automobile sales, the finance ministry said on Tuesday.

Govt renegotiating tax treaties to curb illicit wealth flows

Govt renegotiating tax treaties to curb illicit wealth flows

Rediff.com17 Dec 2014

The comments come at a time when the Supreme Court-constituted Special Investigation Team has detected funds worth about Rs 4,479 crore (Rs 44.79 billion) held by Indians in a Swiss branch of HSBC bank, while unaccounted wealth totalling Rs 14,958 crore (Rs 149.58 billion) have been traced within home.

Khairlanji killings: Witness suspended from post

Khairlanji killings: Witness suspended from post

Rediff.com16 Jan 2007

Siddharth Gajbhiye, a relative of the victims, was a police patil, a civil appointee in villages who liaises with the local police and revenue department and was paid honorarium by the government.

'GST, I-T mop up in Q1 indicates economic recovery'

'GST, I-T mop up in Q1 indicates economic recovery'

Rediff.com23 Jul 2020

Income tax collection, by way of advance tax and TDS, in the April-June quarter was about 80 per cent of what was collected in the same period last year.

'Government is mindful of interests of retail and small investors'

'Government is mindful of interests of retail and small investors'

Rediff.com29 Nov 2021

'The government will take proactive steps to see that their participation in the equity market, especially in PSU stocks, is rewarding.'