News for 'revenue department'

Maha placed men with links to Dawood in Waqf Board: Fadnavis to assembly

Maha placed men with links to Dawood in Waqf Board: Fadnavis to assembly

Rediff.com14 Mar 2022

Speaking in the assembly, Fadnavis said a pen drive he had submitted contained a conversation between Waqf Board members Mohammad Arshad Khan and Mudasir Lambe.

Red alert in Kerala's 7 districts as heavy rains lash state, 4 killed

Red alert in Kerala's 7 districts as heavy rains lash state, 4 killed

Rediff.com1 Aug 2022

IMD issued red alerts for Thiruvananthapuram, Kollam, Pathanamthitta, Alappuzha, Kottayam, Ernakulam and Idukki districts.

Budget 2022: Centre may not target sharp fiscal correction

Budget 2022: Centre may not target sharp fiscal correction

Rediff.com28 Dec 2021

While presenting her 2021-22 Union Budget, Finance Minister Nirmala Sitharaman had set a fiscal deficit target of 6.8 per cent of nominal gross domestic product (GDP) against the 2020-21 Revised Estimate of 9.5 per cent. The fiscal correction in the upcoming 2022-23 Union Budget is unlikely to be that steep. Even as discussions among top Budget-makers are ongoing, the fiscal deficit target for 2022-23 may likely be in the range of 6.5-6.8 per cent.

Expert groups to explore adoption of common chargers

Expert groups to explore adoption of common chargers

Rediff.com18 Aug 2022

The government will set up expert groups to explore the adoption of common chargers for mobile and all portable electronic devices, and submit a detailed report in two months, Consumer Affairs secretary Rohit Kumar Singh said. The department of consumer affairs on Wednesday called a meeting with industry stakeholders. After the meeting, Singh said India can initially think of exploring shifting to two types of chargers, including a C-Type port.

'Friendship is the key to making a film'

'Friendship is the key to making a film'

Rediff.com8 Jun 2023

'Film shooting is a long process, and it is important to have a good bonding with the person you are going to spend six to eight months of your life.' 'Baaki, film toh bann jaati hain.'

Deadline to link Aadhaar-PAN extended till December 31

Deadline to link Aadhaar-PAN extended till December 31

Rediff.com31 Aug 2017

The deadline for linking PAN with Aadhaar for taxpayers was to end on Thursday.

Heavy rains claim 18 lives in Kerala so far, thousands displaced

Heavy rains claim 18 lives in Kerala so far, thousands displaced

Rediff.com3 Aug 2022

In a statement, it said 198 properties in the state were partially damaged and 30 houses completely destroyed in the rains from July 31 to till date.

IRCTC moves to monetise passenger data

IRCTC moves to monetise passenger data

Rediff.com26 Aug 2022

In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.

Bigger firms scoop up more market share during Covid-19 pandemic

Bigger firms scoop up more market share during Covid-19 pandemic

Rediff.com28 Jul 2021

Top companies have grabbed a bigger pie of their sectors in the pandemic period, leading to a further rise in market concentration in many industries as measured by the Herfindahl-Hirschman Index (HHI). The HHI score, which indicates competitive intensity in an industry (or a lack of it), reached a new high in FY21 as bigger firms raised their revenue market shares either organically or through mergers and acquisitions. A higher HHI score indicates a rise in market concentration in favour of a few firms while a lower score means that the industry's revenue is more evenly divided among many companies

Kerala rains: Red alert issued in 5 districts

Kerala rains: Red alert issued in 5 districts

Rediff.com15 May 2022

As rains continue to lash across Kerala days ahead of the expected onset of Southwest monsoon, the India Meteorological Department (IMD) on Sunday issued a red alert in five districts of the state for Sunday and Monday indicating extremely heavy rainfall.

Good news! You have time till Aug 5 to file your income tax

Good news! You have time till Aug 5 to file your income tax

Rediff.com31 Jul 2017

This time, the linking of the Aadhaar number with of a taxpayer has been made mandatory for filing of an ITR, beginning July 1.

CBI Director seeks details of corporates routing money abroad

CBI Director seeks details of corporates routing money abroad

Rediff.com19 Aug 2014

The modus operandi highlighted by CBI says that while the corporate strikes a deal for imports with a company in one country, the billing is done at inflated prices in other country by the group's front company.

Heavy rains continue to lash Maha, 2 killed in landslide

Heavy rains continue to lash Maha, 2 killed in landslide

Rediff.com13 Jul 2022

Incessant showers lashed Mumbai and its neighbouring areas on Wednesday morning, leading to flooding in many low-lying areas and traffic snarls on roads.

5G spectrum auction may turn out to be a short affair

5G spectrum auction may turn out to be a short affair

Rediff.com25 Jul 2022

Telcos participating in the upcoming auctions at the end of July say they expect only a fourth of the value of spectrum on offer to be sold. The government has put Rs 4.3 trillion of spectrum up for sale at the base price across seven bands including for 5G. An executive of a leading telco said he estimates that mobile operators collectively would buy spectrum of only around Rs 1.1 trillion.

I-T portal: Finmin officials hold review meeting with Infosys chief

I-T portal: Finmin officials hold review meeting with Infosys chief

Rediff.com16 Dec 2021

Revenue secretary Tarun Bajaj along with senior finance ministry officials on Thursday held a meeting with Infosys managing director Salil Parekh to review the performance of the new income tax portal. More than 3.5 crore Income Tax Returns (ITR) have been filed so far for the financial year 2020-21 through the portal, which had faced glitches following which the ministry had directed Infosys to urgently address the issues. Infosys has developed the new income tax e-filing portal 'www.incometax.gov.in'.

Essar pulls out of race to buy Nokia's Chennai mobile plant

Essar pulls out of race to buy Nokia's Chennai mobile plant

Rediff.com21 May 2015

Nokia's Chennai plant is under freeze over tax dispute.

Maharashtra CM visits state secretariat for first time after spine surgery

Maharashtra CM visits state secretariat for first time after spine surgery

Rediff.com13 Apr 2022

Maharashtra Chief Minister Uddhav Thackeray on Wednesday visited the state secretariat 'Mantralaya' for the first time after recovering from a spine surgery which he underwent in November last year, and asked the state administration to focus on paperless governance with increased use of technology.

FTA: UK, India not working towards Diwali deadline

FTA: UK, India not working towards Diwali deadline

Rediff.com14 Oct 2022

The free trade agreement (FTA) talks with India are no longer working towards a Diwali deadline though negotiations are progressing well, UK Trade Secretary Kemi Badenoch has said as New Delhi expressed confidence on Friday of an "early date" for a mutually beneficial deal. "There are ongoing negotiations as we know on the FTA. There is interest on both sides to see if we can work towards a deal, an FTA, that is beneficial to both the countries at an early date," external affairs ministry spokesperson Arindam Bagchi told reporters in New Delhi. It came as External Affairs Minister S Jaishankar spoke to his UK counterpart, James Cleverly, and referenced the Roadmap 2030 bilateral agreement signed between Prime Minister Narendra Modi and former UK PM Boris Johnson in May last year, with no specific reference to the FTA.

What ban! Loud crackers burst all around Delhi on Diwali

What ban! Loud crackers burst all around Delhi on Diwali

Rediff.com25 Oct 2022

Despite legal deterrent in place to discourage people from doing so, by dusk, residents in many neighborhoods, including some areas in south Delhi and northwest Delhi, had started bursting crackers.

Nokia may be allowed to sell Chennai mobile plant

Nokia may be allowed to sell Chennai mobile plant

Rediff.com24 Mar 2015

Nokia may be allowed to sell Chennai mobile plant.

How Infosys regained its mojo, improved employee morale under Salil Parekh

How Infosys regained its mojo, improved employee morale under Salil Parekh

Rediff.com26 May 2022

In 2017, when Infosys announced that Salil Parekh would be its next chief executive officer (CEO) and managing director (MD), very few in the industry or the analyst community doubted his ability to bring the company back to a healthy growth trajectory, improve morale within the company and, more importantly, win the promoters' trust and investor confidence. There were reasons for this confidence. He was not only the deputy CEO of the Paris-headquartered IT services major Capgemini, but also one of the only non-European faces on the executive board of the company.

Cabinet approves next round of spectrum auction

Cabinet approves next round of spectrum auction

Rediff.com16 Dec 2020

According to Jio, spectrum worth Rs 3.92 lakh crore is lying unused with the DoT for auction.

Rumble of discontent over jobs runs through support for Modi in Gujarat

Rumble of discontent over jobs runs through support for Modi in Gujarat

Rediff.com1 Dec 2022

Nearly 3.64 lakh educated and "semi-educated" youngsters had registered with employment exchanges across Gujarat till December 2021, according to state government data.

Nirmalaji must wield the whip. Often

Nirmalaji must wield the whip. Often

Rediff.com18 Feb 2021

'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.

What's better about new taxpayer's charter

What's better about new taxpayer's charter

Rediff.com9 Sep 2020

Apart from its enforceability through courts due to it being part of the I-T Act, two other factors will help ensure the taxpayers' charter is implemented, at least in letter (if not in spirit) this time around, points out Harsh Roongta.

New system may cut export customs clearance to few hours: FM

New system may cut export customs clearance to few hours: FM

Rediff.com13 Nov 2013

Chidambaram said the RMS is based on trust and is part of international co-operation efforts on trade-related issues. The facility will enable low-risk consignments to be cleared based on self-assessment declarations by exporters.

Govt issues guidelines for care of children affected by Covid

Govt issues guidelines for care of children affected by Covid

Rediff.com3 Jun 2021

The states need to identify the children in distress through outreach and surveys and prepare a database with a profile of each child, along with the details of their specific needs and requirements, and ensure that the data is uploaded on the Track Child portal.

EV makers seek extension of FAME II subsidies in Budget

EV makers seek extension of FAME II subsidies in Budget

Rediff.com21 Jan 2023

as the FAME II deadline of March 31, 2024, nears, EV manufacturers are worried about their investments and future plans.

Dust storm hits Delhi, several states on high alert

Dust storm hits Delhi, several states on high alert

Rediff.com8 May 2018

The meteorological department has issued a warning of heavy rain and thunderstorm in several parts of the country.

Tax dispute: Vodafone chairman meets FM

Tax dispute: Vodafone chairman meets FM

Rediff.com2 Jul 2013

Finance secretary R S Gujral too is believed to have met top Vodafone officials in Mumbai last month.

Jaya sacks 3 ministers, six party functionaries

Jaya sacks 3 ministers, six party functionaries

Rediff.com19 May 2014

Tamil nadu Chief Minister and All India Dravida Munetra Kazhagam supremo J Jayalalithaa on Monday sacked three ministers and six district heads in the backdrop of her party's defeat in three Lok Sabha seats in Tamil Nadu and Puducherry.

Chidambaram's parting sweep puts tax boards in a fix

Chidambaram's parting sweep puts tax boards in a fix

Rediff.com19 May 2014

A decision by P Chidambaram in his last days as finance minister has annoyed the revenue department.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

TDS imposed on gifts to social media influencers, free samples to doctors

TDS imposed on gifts to social media influencers, free samples to doctors

Rediff.com17 Jun 2022

According to the CBDT, if a social media influencer retains a product from the manufacturing company after using for the purpose of rendering service, then it will be treated as a benefit/perquisite under newly-introduced Section 194R of the IT Act.

Can Budget 2020 help tackle tax disputes?

Can Budget 2020 help tackle tax disputes?

Rediff.com20 Jan 2020

A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.

Factional feud, poll promises major challenges for new Cong govt in Himachal

Factional feud, poll promises major challenges for new Cong govt in Himachal

Rediff.com11 Dec 2022

Allocation of portfolios would be the immediate vexatious issue for the party, with supporters of Virbhadra Singh already feeling sidelined after the elevation of the late chief minister's professed rival Sukhu.

Individual e-filing of I-T returns likely from mid-April

Individual e-filing of I-T returns likely from mid-April

Rediff.com3 Apr 2016

Last year, the e-filing commenced on July 1 as there was delay in finalisation of the ITR forms

GST evasion: I-T searches Zee, L&T offices

GST evasion: I-T searches Zee, L&T offices

Rediff.com4 Jan 2021

Income tax officials on Monday conducted surveys at offices of engineering major Larsen & Toubro and media firm Zee Group for alleged GST evasion, an official of the tax department said. When contacted, L&T neither confirmed nor denied the development, while the media group has confirmed the tax survey. The tax official said surveys have been carried out at many L&T premises in the city, and in case of Zee, the surveys are underway at all its offices across the country since morning.

Budget a big-bang revenue-earning exercise for media

Budget a big-bang revenue-earning exercise for media

Rediff.com28 Feb 2013

More than two decades after economic liberalisation, the government continues to play such a massive role in the economy and industry that the Budget has become a big-bang revenue-earning exercise for the media.