At least sixteen people were reported dead and another 20 were missing as an over crowded boat capsized in Uppateru channel of the Godavari river in West Godavari district on Saturday morning.
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.
Thousands of houses have been feared damaged while death toll may go up when the final report of damage will be available on Monday.
The deadline for linking PAN with Aadhaar for taxpayers was to end on Thursday.
In the video footage, Rawat is heard threatening the IAS officer: "'Main tumhara jeena mushkil kar doongi'
The government on Tuesday said around 49 lakh cases of income tax refunds are pending with the revenue department.
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.
While the directorate general of foreign trade has completed consultations with the industry and exporters, it will start interacting with the different ministries like agriculture, finance, micro, small and medium Enterprises, steel and environment. Revenue department in the finance ministry holds the key for extending benefits to exporters who are facing the brunt of recession in several major economies.
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.
Revenue minister Narayan Rane lifted a stay on an earlier order of the government.
Move comes after agencies unearth several cases of misuse of the 80:20 scheme.
The tax payers whose business receipts exceed Rs 1 crore or professional receipts exceed Rs 25 lakh during the previous year 2015-16 are required to file an Income Tax return accompanied by an audit report by the above mentioned due date
The issue dates back many years when the actor and others proposed bringing Sony TV channel to India.
It has surfaced that in 2000, some officials allegedly showed the PoK land as 'on rent to Army'.
A separate clearance will now be required from the finance ministry's revenue department, according to an official clarification issued earlier this week. The clarification assumes importance in the backdrop of increasing cases where FDI proposals have been opposed by the revenue department due to concerns over revenue losses.
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.
Three months have passed, but the Maharashtra government has not been able to finalise its report on the results of the September 22 referendum it had organised in 22 villages of Raigad district that form part of the 10,000-hectare Mumbai Special Economic Zone developed by Jai Corp, a company promoted by Reliance Industries chairman Mukesh Ambani's close associate Anand Jain.
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.
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.
"The rescue personnel did not rest till all the bodies were recovered from the 800-feet deep gorge where the bus fell on Sunday," Raigad district collector Dr Vijay Suryawanshi said.
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.
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.
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).
16% jump in unrealisable tax demands that are not under dispute.
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.
This decision will come as a relief to Essar's multi-product port-based SEZ project in Hazira as well as of Adani Group's zone in Mundra, which the revenue department felt was not built on vacant land when it was notified, and hence it had violated the law. Both the zones are in Gujarat.
Just 5 departments account for about 88 per cent of the Union government's civilian employees. A leaner bureaucracy will help Modi keep his promise of maximum governance with minimum government, says A K Bhattacharya.
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The minister was speaking at a review meeting of Principal Chief Commissioners, Principal Directors General, Chief Commissioners of I-T in New Delhi on Thursday in order to assess the revenue collection target for 2014-15 fiscal.
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.
UK-based British Airways has been slapped a service tax notice by the Revenue Department asking it to pay the balance of Rs 143.5 crore (Rs 1.44 billion) liability on sale of tickets in India between May 2006 and November 2007.
Says there is a case 'if voluntary compliance increases'.
A sudden drop in atmospheric temperature and small earthquakes convinced seismologists to alert Assam government for a major earthquake in the near future.
Finnish phone maker Nokia may have to exclude its Chennai plant from the $7.2 billion deal with Microsoft if tax issues facing the India unit are not resolved by next week.
The income tax department is planning to withdraw a facility introduced last year for filing tax returns at around 2,000 post offices, owing to incomplete and inaccurate returns. Nearly 350,000 returns were filed through post offices last year.
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.
Three special economic zones promoted by Reliance Industries chairman Mukesh Ambani and his close aide Anand Jain in the same area have been listed for clearance on Friday.
Two multi-product SEZ projects promoted by Reliance Industries' Chief Mukesh Ambani and the Tatas are among others that would come up for clearance at the meeting of the Board of Approvals in New Delhi on Thursday.
"I will fight for compensation, that is your right," he said.
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