India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. If the government has to consider providing incentives then it will only be for all EV makers and entrants who want to come to India, the official said. The official added that inter-ministerial discussions have happened on the customs duty concession demand of the US-based electric car maker Tesla, but "we never" came to any conclusion on those.
The party released its manifesto -- Samajwadi Vachan Patra -- for the coming assembly elections, shortly after the BJP released its own.
The finance ministry on Friday said revenue loss on account of fiscal sops to Special Economic Zones is estimated to be Rs 1,02,621 crore.
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
Slapped a 10 per cent surcharge on 'super-rich' and corporates. Levied an inheritance tax and raised duties on mobile phones, cigarettes, and luxury vehicles.
Measures may include tax slab and rate revisions for individuals, companies.
In yet another decision to please the priest community after withdrawing the Chardham Devasthanam Board Act, the Uttarakhand government has reconstituted the Badrinath-Kedarnath Temple Committee under a new head to manage the affairs of the two Himalayan shrines.
Against predictions by most exit polls that the ruling Congress had an edge in the state, the BJP banked heavily on the charisma of the PM.
The top court drew parallel between driving and technology and said if one doesn't know how to handle technology then he or she can't be a judge and questioned the approach of some of the high courts.
The Maharashtra cabinet on Wednesday decided that Kunbi caste certificates will be issued to those Marathas hailing from the Marathwada region who possess revenue or education documents from the Nizam era that recognise them as Kunbis, Chief Minister Eknath Shinde said.
Congress leader Shashi Tharoor on Thursday said it's a pity that since switching sides, Scindia has adopted the Modi government's "uncaring attitude" to the public.
The guidelines issued by the government also make it mandatory for Ganesh Utsav mandals to take permission from local authorities.
Crisil Ltd on Tuesday said the Centre's sops to Food Corporation of India including cut in interest rate on bank loans to FCI by 1.5%, will negatively impact the bottom line of public sector banks pulling down pretax-profit by 4.5% in the near term.
The Prime Minister's Economic Advisory Council on Wednesday favoured more income tax sops as also a revision in indirect tax rates on consumer durables in Budget 2008-09 to fire up the economy.
"These three officers have primarily been held responsible for the incident. Their services have been terminated by the central government with immediate effect. Termination orders have been served upon the officers on August 23," it said.
Mandatory thermal screening, staggered lunch breaks, alternate seating arrangement in classrooms and avoiding routine guest visits are among the guidelines announced by the Delhi Disaster Management Authority (DDMA) for reopening of schools and colleges from September 1.
Maharashtra Chief Minister Eknath Shinde on Monday announced the withdrawal of police cases filed against pro-Maratha reservation protesters in Jalna district, the epicentre of the latest round of stir on the issue, and urged quota activist Manoj Jarange to end his indefinite fast.
A string of populist promises, including extension of the free ration scheme announced by Prime Minister Narendra Modi, the Mahadev betting app issue and the Hindutva card are among key factors that have catapulted the Bharatiya Janata Party to power in Chhattisgarh after five years.
According to FADA, automobile retail trade and service industry comprises a network of 9,500 automobile dealers and their service stations engaged in sale, service/repair and spares of vehicles across segments, is an essential link in automotive business and a significant stakeholder.
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Says high inflation has to be reversed to achieve sustainable GDP expansion.
Maharashtra Chief Minister Uddhav Thackeray on Sunday night announced a statewide curfew in Maharashtra for 15 days from April 14. However, he clarified, essential services were exempt from the curbs.
A total of 728 applications have been received till July 18, 2016 for Start Up recognition.
Maharashtra cabinet minister Chhagan Bhujbal has demanded a stay on the Kunbi caste certificates issued to Marathas following their latest agitation for reservation and scrapping of the Justice (retired) Sandeep Shinde committee formed over the quota issue.
The Nepalese citizen was handed over to security agencies on arrival at the airport in New Delhi.
The Union Road Transport and Highways Ministry on Wednesday said the states and union territories (UTs) will provide up to 25 per cent rebate on road tax for vehicles that are purchased after scrapping old vehicles under the new National Automobile Scrappage Policy. The ministry in a press note said that in the vehicle scrapping policy, it is proposed to have a system of incentives to nudge vehicle owners to discard old and polluting vehicles. "As an incentive for scrapping, concession is stipulated in the motor vehicle tax for a vehicle registered against submission of Certificate of Deposit, which is issued by a Registered Vehicle Scrapping Facility.
Rajasthan Chief Minister Vasundhara Raje on Wednesday announced a slew of sops, especially for the tribals, while replying to the governor's address in the state assembly.
Shah said there is a need to not only combat terrorism but also dismantle its entire ecosystem, and for this "we must work with the spirit of the whole of government and Team India".
She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.
Breaking the streak of continuous fall in outstanding amounts, non-resident Indian (NRI) deposits rose for the first time in the financial year to $134.54 billion in October 2022. The figure was $133.67 billion in September. Reserve Bank of India (RBI) data showed that NRI deposits were in shrinking mode for the first six months of FY23. They fell to $133.67 billion in September from $139 billion in March.
The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India said on Thursday. Addressing a pre-Budget session, Pwc India senior tax partner Rahul Garg said demand creation is particularly focussed on money being given or left in the hands of the individuals.
The BJP also announced a Rs 5 meal scheme for all, named after religious guru Anukul Chandra, and setting up of a Regional Institute of Medical Sciences hospital in Agartala.
rediffGURU Kanchan Rai, founder, Let Us Talk, offers advice on how to navigate problems in a relationship.
The sops being given to the IT firms in metro cities should be extended to companies in tier 2 and 3 cities as it will generate greater employment opportunities and boost growth, industry body Nasscom has said.
BJP president J P Nadda on Sunday promised Uniform Civil Code (UCC) and 33 per cent reservation for women in government jobs in Himachal Pradesh while releasing the party's manifesto for the state assembly polls.
It's not uncommon for performers to become bigger than the stories they are placed in and Sreehari Nair would happily pay to watch Isha Talwar and Paramvir Singh Cheema riffing on love, bad life choices, psychology, rhythm, and oven-baked Kulchas in Chamak.
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