Section 54 provides a tax-free method to convert unaccounted money into accounted money, says Harsh Roongta.
Bihar Police ADG wrote a letter to the Mumbai municipal commissioner, seeking the IPS officer's exemption from quarantine protocols and facilitate his return to Patna to resume his duty.
Besides the ongoing 50 per cent Rail concessions for accredited journalists, the Rail Budget for 2003-04 has proposed extending this concession in Rajdhani and Shatabdi express trains where the concession would be 30 per cent.
Relaxation offered to infrastructure projects like transportation or terminal, township, logistics hub.
India pulled out of the Women's World Team Squash Championship scheduled to be held in Kuala Lumpur, Malaysia from December 15 to 20 due to "lack of preparation time" and "uncertainties" about travelling amid the COVID-19 pandemic.
Forced out of India due to the rising COVID-19 case count in the country, the IPL will allow unlimited COVID-19 replacements considering the delicate health safety situation across the globe.
According to SOP, those testing positive will be isolated in a separate unit of an institutional facility.
Kings XI Punjab co-owner Ness Wadia on Friday advocated daily testing of players during the IPL and predicted that the upcoming 13th edition of the T20 league in the UAE will be the most watched in the tournament's history.
The star campaigner of the The Bharatiya Janata Party, B S Yeddyurappa, who is hoping to capitalise on public sympathy after the Janata Dal-Secular did him in within seven days of taking charge as chief minister, has said his party will provide free power to farmers who own irrigation pump sets up to 10 horse power in the state.
The government will soon announce a slew of tax incentives for infrastructure and technological upgrade in the TV and entertainment sector.
Give separate tax exemption limit of Rs 50000 for the life insurance premium.
The words 'industry', 'industrial development', 'jobs', and 'employment' have been ringing with higher frequency since Mamata Banerjee stepped into her third term with landslide victory after a high-octane election last year. "Our government's next target is industrial development," the chief minister (CM) had been heard stating at different public meetings in the past few months - perhaps setting the tone for the sixth edition of the Bengal Global Business Summit (BGBS) slated for later this month. Investor summits by any state are about intent, big numbers, and tall claims. Yet in competitive federalism, its importance as a marketing tool is undeniable.
Army Chief Gen MM Naravane on Wednesday described as 'highly regrettable' the December 4 firing incident in Nagaland's Mon district in which 14 civilians were killed and said 'appropriate action,' as required to uphold the law of the land, would be taken based on the investigation.
The government is likely to extend interest subvention for some export-oriented sectors for another year to sustain the current growth in exports. This will be announced during the coming Union Budget for 2011-2012.
The commerce ministry is preparing a note for the Cabinet proposing further relief for the rupee-hit exporters, especially those in the job-oriented textiles and leather sectors. The package is likely to be cleared by Commerce Minister Kamal Nath on Tuesday before it goes to the Cabinet Committee on Economic Affairs later this week, he said.
Tope's comments came a day after the Centre asked the state to align its order with the SOPs issued by the Union health ministry.
Expectations of Healthcare sector from Union Budget 2013-14.
Private airport developers in Delhi, Mumbai, Hyderabad and Bangalore, say landing and parking fees account for a significant proportion of revenues, so offering these services free would be unviable.
Railway spokesperson Rajesh Dutt Bajpai on Tuesday said, "Consent of terminating state not necessary to run Shramik Special trains". He further said, "After the new SoP, the implication is that no consent of the receiving state is mandatory".
In a pre-Budget meeting with Revenue Secretary Sunil Mitra, Ficci President Rajan Bharti Mittal said in view of the looming threat of a double-dip recession and another slowdown in western countries, the stimulus should not be rolled back in the Budget in February.
Housing sales across top eight cities rose 51 per cent last year, even as the office market continued to slump due to the Covid pandemic with gross leasing witnessing a 3 per cent fall, according to Knight Frank India. Housing sales increased to 232,903 units during last year, from 154,534 units in 2020, but demand was down 5 per cent from the 2019 pre-pandemic levels and 37 per cent lower than the 2011 peak numbers. In the office segment, the gross leasing of office space fell to 38.1 million square feet in 2021, from 39.4 million square feet in the previous year, due to the adverse impact of the second wave of the Covid pandemic.
In a step towards resumption of physical hearings, the Supreme Court on Thursday said that from October 20, all the matters listed on Wednesdays and Thursdays would be heard in physical presence of lawyers and litigants in courtrooms only.
Supporting the Finance Ministry's view that tax exemptions to the developers and units in SEZs are a drain on economy, the Organisation of Economic Cooperation and Development has asked the government to review tax exemptions in these areas.
When Finance Minister Arun Jaitley presents the Budget in a short while, there are high expectations from people on raising the income tax exemption limit.
Apple sought exemption from mandatory local sourcing of components for its products
Rivals say the concessions would benefit AirAsia alone.
Maharashtra Chief Secretary Sitaram Kunte in an order issued on Sunday declared Kerala, Goa, Gujarat, Delhi and the National Capital Region, Rajasthan and Uttarakhand as places of "sensitive origin".
There is also no restriction on inter-state movement of people, vehicles.
The developers of special economic zones may not get tax benefits for the money spent on meeting the contiguity norms.
'Counter-insurgency operations cannot be conducted by following inflexible SOPs.' 'It is unwise to enter jungles with a large body of troops without precise intelligence,' asserts counter-insurgency expert Brigadier Narender Kumar (retd).
The Maharashtra government has announced fiscal incentives for the state sugar mills to ensure that they continue crushing till all the sugarcane available is consumed.
Union Minister Jitendra Singh was briefed about this and other activities being done at the Lal Bahadur Shastri National Academy of Administration (LBSNAA) for the training of bureaucrats on COVID-19 related issues during a video conference with the director and faculty of the premier institution.
Ahead of the general elections, a slew of states and also the Centre had doled out sops to the marginalised sections, including the farmers and the poor.
The Indian economy has "some bright spots and a number of very dark stains" and the government should target its spending "carefully" so that there are no huge deficits, noted economist and former RBI Governor Raghuram Rajan said on Sunday. Known for his frank views, Rajan also said the government needs to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic. Generally, a K-shaped recovery will reflect a situation where technology and large capital firms recover at a far faster rate than small businesses and industries that have been significantly impacted by the pandemic.
The 39-year-old will resume his duties with the Australian men's team at the conclusion of the IPL.
It is possible that this experiment might see a rise in the Union government's cost incurred on tax concessions, without any increase in the tax base or coverage, says A K Bhattacharya.
The finance ministry has initiated an internal survey of the faceless regime to examine its effectiveness.
The IPL starts on September 19 and, in all likelihood, all the English and Australian players will land in the UAE via a charter flight on September 17, making them available for their respective team's opening match.
Intel, which recently announced over 10,000 job cuts worldwide, on Thursday said impact of the layoff decision was "relatively minimal" on its workforce in India, where the world's largest computer chip-maker plans to set up a manufacturing facility.
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