News for 'revenue official'

Major crackdown on Rohingyas, their supporters in Jammu; over 50 detained

Major crackdown on Rohingyas, their supporters in Jammu; over 50 detained

Rediff.com20 Dec 2023

He said over 30 people were detained for questioning during searches in 30 Rohingya settlements in Jammu city.

J-K admin sacks three employees for terror links

J-K admin sacks three employees for terror links

Rediff.com17 Jul 2023

The Jammu and Kashmir administration has sacked three employees, including the Kashmir University public relations officer, for allegedly working with Pakistan-based militant outfits, raising finances for them and propagating their ideology, officials said on Monday.

Bizarre! Mortar shell carried by floodwaters explodes, boy killed

Bizarre! Mortar shell carried by floodwaters explodes, boy killed

Rediff.com6 Oct 2023

At least two persons were killed and four others injured in West Bengal's Jalpaiguri district as a mortar shell, reportedly carried by the floodwaters of Teesta river, exploded, police said on Friday.

Cash-strapped Railways to sell garbage at stations to boost revenue!

Cash-strapped Railways to sell garbage at stations to boost revenue!

Rediff.com7 Jul 2016

Garbage will be collected from 12 stations, including Amritsar, Ambala, Haridwar, Jammu, Katra, Dehradun, Moradabad, Saharanpur, Chhatrapati Shivaji Terminus, Mumbai Central and Dadar

Sitharaman meets Infosys officials, reviews I-T portal's tech glitches

Sitharaman meets Infosys officials, reviews I-T portal's tech glitches

Rediff.com22 Jun 2021

Finance Minister Nirmala Sitharaman on Tuesday reviewed with Infosys officials the technical glitches that continue to mar the new income tax e-filing portal. Sitharaman, along with Minister of State for Finance Anurag Thakur, revenue secretary Tarun Bajaj, CBDT chairman Jagannath Mohapatra and other senior ministry officials, went point by point on the issues facing the new portal with officials of Infosys - the vendor which developed the site. While there was no official word on what transpired at the meeting, a statement issued by the Institute of Chartered Accountants of India (ICAI) said "the technical glitches shall be addressed fast". ICAI representatives attended the meeting on Tuesday.

TN governor refuses to read out address, speaker expunges his remarks

TN governor refuses to read out address, speaker expunges his remarks

Rediff.com12 Feb 2024

In yet another instance of his confrontation with the Dravida Munnetra Kazhagam dispensation in Tamil Nadu, Governor R N Ravi on Monday concluded his customary address to the House within a few minutes, making certain remarks over the content of the address that were 'expunged'.

Caste Is Missing In Prohibition Debates

Caste Is Missing In Prohibition Debates

Rediff.com5 Feb 2024

The point made by sociologist M N Srinivas, that it represented a Sanskritic act that was linked to caste, is never raised in Indian debates and the disapproval of drink is almost universal, notes Aakar Patel.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com15 Oct 2023

The ongoing second quarter earnings, movement of oil benchmark Brent crude and the uncertainty in the Middle East would dictate terms in the domestic markets this week, analysts said. Furthermore, the activities of Foreign Institutional Investors (FIIs) will also influence trading in the markets. "A slew of earnings reports from heavyweights expected this week will significantly impact market direction.

Maratha quota activist Jarange to tour Maharashtra after Diwali

Maratha quota activist Jarange to tour Maharashtra after Diwali

Rediff.com6 Nov 2023

Activist Manoj Jarange on Monday said he will set out on a tour of Maharashtra after the Diwali festival to meet Marathas and make them aware about the issue of reservation for the community.

Securities transaction tax mop-up on track to go past Budget target

Securities transaction tax mop-up on track to go past Budget target

Rediff.com10 Oct 2023

The Union government's revenue from securities transaction tax (STT) is on track to exceed its Budget projection for the current fiscal year, with the mop-up already surpassing 50 per cent of the annual estimate. Provisional figures reveal that the Centre has collected approximately Rs 14,000 crore in the first half of this fiscal year up to September, according to a government official. This amount exceeds half of the full-year target of Rs 27,625 crore set for FY24.

Byju's in talks with investors to raise $300 mn in return for more controls

Byju's in talks with investors to raise $300 mn in return for more controls

Rediff.com2 Jan 2024

With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.

Govt fixes revenue target at Rs 9 lakh crore

Govt fixes revenue target at Rs 9 lakh crore

Rediff.com13 Apr 2011

The government has set a revenue target of Rs 9 lakh crore during the current financial year, a top official said.

I-T Goes After Rs 7.7 Trillion Tax Arrears

I-T Goes After Rs 7.7 Trillion Tax Arrears

Rediff.com5 Jan 2023

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved.

Govt sacks 22 more tax officials for corruption

Govt sacks 22 more tax officials for corruption

Rediff.com26 Aug 2019

Sources said the action was in line with Prime Minister Narendra Modi's address to the nation from the ramparts of Red Fort when he said some black sheep in the tax administration may have misused their powers and harassed taxpayers, either by targeting honest assesses or by taking excessive action for minor or procedural violations.

Customs, excise mop-up may see Rs 1-trillion shortfall in FY23

Customs, excise mop-up may see Rs 1-trillion shortfall in FY23

Rediff.com8 Nov 2022

The Centre is staring at a combined shortfall of up to Rs 1 trillion in excise and Customs revenues in the current financial year (FY23) compared to the Budget estimates (BE), mainly because of duty cuts on edible oil and petroleum products. The government set a target of Rs 3.35 trillion for excise and Rs 2.13 trillion for Customs mop-up for FY23 while presenting the Budget in February. "As excise duty collection is mainly driven by diesel volumes, we might see a clear gap in the level budgeted for FY23, following the reduction in cesses on petrol and diesel in May. We are expecting somewhere between Rs 80,000 crore and Rs 1 trillion dip in excise and customs duty collections," a senior government official told Business Standard.

Young Taxpayers Prefer New Tax Regime

Young Taxpayers Prefer New Tax Regime

Rediff.com31 Aug 2023

'Most young taxpayers prefer income tax filing to be flexible yet straightforward.'

'Infosys to double revenue growth in 2016-17'

'Infosys to double revenue growth in 2016-17'

Rediff.com1 Apr 2015

Infosys is yet to announce its 2014-15 results.

Karnataka's Limited Scope To Dole Out Freebies

Karnataka's Limited Scope To Dole Out Freebies

Rediff.com28 Apr 2023

The state's revenue receipts might not afford various freebies announced by the parties, unless revenue deficit and hence fiscal deficit is widened.

Elon Musk is Israel, meets Netanyahu, visits Kfar Aza attacked by Hamas

Elon Musk is Israel, meets Netanyahu, visits Kfar Aza attacked by Hamas

Rediff.com27 Nov 2023

Musk also heard the tale of 4-year-old Israeli-American Avigail Idan, who was taken to Gaza and freed on Sunday as a result of a hostage negotiation.

PM to meet FinMin officials from all departments on June 20

PM to meet FinMin officials from all departments on June 20

Rediff.com15 Jun 2019

This meeting has led to the deferment of the Goods and Services Tax (GST) Council meeting by a day.

TN on alert as Cyclone 'Michaung' set to cross coast on Dec 5

TN on alert as Cyclone 'Michaung' set to cross coast on Dec 5

Rediff.com3 Dec 2023

The government declared Monday (Dec 4) a public holiday and urged private companies to encourage 'work from home' option for its employees in Chennai, Tiruvallur, Kancheepuram and Chengalpattu districts.

GST rate rationalisation unlikely before 2024 Lok Sabha elections

GST rate rationalisation unlikely before 2024 Lok Sabha elections

Rediff.com5 Apr 2023

Overhaul of the goods and services tax (GST) structure, including possible changes in the tax slabs, may now be taken up only after the 2024 Lok Sabha elections, given the number of states that are going to the polls in its run-up. "No major overhaul of tax rates is expected in GST until the end of next fiscal year. One major reason for this is that some members of the group of ministers (GoM) - mandated to look at rate rationalisation by the GST Council - are from poll-bound states. Later, this may lead to reconstitution of the panel," a senior government official told Business Standard. Besides, both the Centre and states are not in favour of frequent changes in the tax rates amid inflationary uncertainties; they believe any major change should be brought in after extensive deliberations, according to the official.

Krishna Janmabhoomi row: Mathura court orders survey of Shahi Idgah mosque

Krishna Janmabhoomi row: Mathura court orders survey of Shahi Idgah mosque

Rediff.com24 Dec 2022

The "compromise" between Sri Krishna Janmasthan Seva Sansthan and Shahi Masjid Idgah made in 1968 was also challenged in the suit, according to lawyers.

Tuticorin firing: CBI books TN police, officials for dacoity, robbery

Tuticorin firing: CBI books TN police, officials for dacoity, robbery

Rediff.com29 Nov 2018

The case has been registered against unidentified officials of police and revenue department on the basis of a complaint from K Arjunan, district secretary, Communist Party of India-Marxist.

What's taking the sheen off Sivakasi's firecracker sales?

What's taking the sheen off Sivakasi's firecracker sales?

Rediff.com30 Oct 2023

A complete ban on firecrackers in Delhi until January 1, the government's refusal to grant licences for sales in Karnataka, and restrictions in the Noida region are adversely affecting the business of manufacturers in Tamil Nadu's Sivakasi, which produces over 90 per cent of India's fireworks. According to industry players, demand has decreased by 20 per cent compared to last year. Moreover, the ban on the use of barium nitrate and the manufacturing and sale of joint fireworks is also impacting demand.

Dismal revenue collection for Games OC

Dismal revenue collection for Games OC

Rediff.com31 Oct 2010

With the fall in sponsorship amount, coupled with poor ticket and merchandise sale, the total revenue collection of the Commonwealth Games Organising Committee is expected to come down to Rs 600 crore only against an expenditure of about Rs 1,820 crore.

India ready for quarantine in Australia to help tour proceed: BCCI official

India ready for quarantine in Australia to help tour proceed: BCCI official

Rediff.com8 May 2020

India captain Virat Kohli and his team mates would be ready to spend two weeks in quarantine in Australia if that helped the tour go ahead as planned later this year, a top official of the Board of Control for Cricket in India said. A cash-strapped Cricket Australia (CA) is banking heavily on the series, reportedly worth A$300 million ($195 million), to help it cope with an acute financial crisis triggered by the coronavirus pandemic.

GST evasion of Rs 55,575 cr detected in last 2 years

GST evasion of Rs 55,575 cr detected in last 2 years

Rediff.com10 Nov 2022

GST authorities have detected GST fraud of Rs 55,575 crore over the last two years and arrested over 700 persons for causing loss to the exchequer, an official said on Thursday. Over 22,300 fake GST identification numbers (GSTIN) were detected by the officers of the Directorate General of GST Intelligence (DGGI). The government on November 9, 2020, launched a nationwide special drive against unscrupulous entities for availing and passing on Input Tax Credit (ITC) fraudulently by issuing fake/bogus invoices, thereby evading Goods and Services Tax (GST).

Road to Himachal's Chandratal cleared after 5 days, 256 tourists evacuated

Road to Himachal's Chandratal cleared after 5 days, 256 tourists evacuated

Rediff.com14 Jul 2023

According to the state government, 60,000 tourists have so far been evacuated from the hill state.

Kolkata Knight Riders eyes web site revenues

Kolkata Knight Riders eyes web site revenues

Rediff.com19 May 2008

With revenue generation on mind, Shah Rukh Khan's Kolkata Knight Riders is regularly adding several new features to its official Web site, in an attempt to push advertising revenues as well as offer variety and interactivity to the KKR fans. The move is also expected to make cricket more fun for the fans with the launch of several 'cricketainment'-related activities for all age groups.

How BCCI plans to make up for reduced ICC revenue share

How BCCI plans to make up for reduced ICC revenue share

Rediff.com7 May 2017

The Board of Control for Cricket in India's general body on Sunday discussed late former president Jagmohan Dalmiya's proposed model to make up for the notional loss due to the reduced revenue share from the International Cricket Council.

Heavy rains lash Kerala, orange alert in 4 districts

Heavy rains lash Kerala, orange alert in 4 districts

Rediff.com15 Oct 2023

As heavy rains continued to batter Kerala, landslides and flooding were reported from many parts of the state, especially its southernmost district of Thiruvananthapuram, which was severely affected by waterlogging in several areas on Sunday.

NIA files supplementary charge sheet in Mundra Port narcotics case

NIA files supplementary charge sheet in Mundra Port narcotics case

Rediff.com13 May 2023

With this, a total of 42 individuals and seven firms have so far been chargesheeted in the case which was initially registered by the Directorate of Revenue Intelligence, Gandhidham unit, Gujarat, on September 13, 2021.

Congress' Cricket Promise In MP

Congress' Cricket Promise In MP

Rediff.com15 Nov 2023

'The concept of an MP IPL team is the brainchild of Kamal Nath.' 'If the Congress government comes to power in the state, he will assemble an IPL team for MP with the assistance of his business contacts.'

GST Council may take up e-game tax in December meet

GST Council may take up e-game tax in December meet

Rediff.com22 Oct 2022

It will also be new Revenue Secretary Sanjay Malhotra's first GST Council meeting. He will take charge after the incumbent Tarun Bajaj retires on November 30.

Biparjoy wreaks havoc in Gujarat, 2 dead; electric polls, trees uprooted

Biparjoy wreaks havoc in Gujarat, 2 dead; electric polls, trees uprooted

Rediff.com16 Jun 2023

Cyclone Biparjoy made landfall near Jakhau Port in Gujarat on Thursday evening with a wind speed of 115-125 kmph gusting to 140 kmph as heavy rains lashed the coastal region, where several areas plunged into darkness due to power cuts and a large number of trees, electric poles and hoardings got uprooted.

Sameer Wankhede claims he and wife getting death threats

Sameer Wankhede claims he and wife getting death threats

Rediff.com22 May 2023

The CBI recently filed an FIR against Wankhede for allegedly seeking Rs 25 crore bribe for not framing the SRK's son Aryan Khan in the drugs-on-cruise case.

FM may eye non-tax revenue in Budget to fund capital expenditure

FM may eye non-tax revenue in Budget to fund capital expenditure

Rediff.com5 Jun 2014

The finance minister could review customs duty on crude oil, other exemptions.

When Sudha, Narayana Murthy Broke Up

When Sudha, Narayana Murthy Broke Up

Rediff.com19 Feb 2024

After agonizing over this for weeks, he made a decision. When they met after work one evening, he startled her by blurting out, 'I think we should break up.' A moving excerpt from Chitra Banerjee Divakaruni's An Uncommon Love: The Early Life of Sudha and Narayana Murthy.