News for 'state finance department'

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

New party linked to 26/11 attack mastermind Hafiz Saeed to contest Pak polls

Rediff.com5 Feb 2024

India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.

'First Congress Candidate To Get Vote From A Thackeray'

'First Congress Candidate To Get Vote From A Thackeray'

Rediff.com9 May 2024

While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.

South will help reach Modi's goal of 370 LS seats: Gadkari

South will help reach Modi's goal of 370 LS seats: Gadkari

Rediff.com31 Mar 2024

The work we have done in the south and the northeast over the last 10 years under Prime Minister Modi's leadership, we have started getting results of the same, he said.

Govt to release Rs 20,000-cr GST dues to states

Govt to release Rs 20,000-cr GST dues to states

Rediff.com8 Apr 2020

Even with the Rs 20,000 crore distributed among states, it will still be a fraction of what they have been demanding in financial support and clearance of pending dues.

132,497 Indians Have Income Of 1 Crore Plus

132,497 Indians Have Income Of 1 Crore Plus

Rediff.com6 Nov 2023

7 states account for over 80 per cent of the total direct tax collections by the Union government.

Role of creditors to be probed in Nitin Desai death case: Fadnavis

Role of creditors to be probed in Nitin Desai death case: Fadnavis

Rediff.com3 Aug 2023

Shelar demanded that Desai's death should not be treated just as a case of accidental death, but must be dealt with from a larger perspective.

17 Acts to be amended through Finance Bill

17 Acts to be amended through Finance Bill

Rediff.com23 Mar 2017

Govt to scrap 8 appellate tribunals; National Company Law Appellate Tribunal to take over Competition Appellate Tribunal's duties

Nitish keeps home, Tejashwi gets health; JD-U ministers get depts back

Nitish keeps home, Tejashwi gets health; JD-U ministers get depts back

Rediff.com17 Aug 2022

Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.

CM Kejriwal keeps crucial power, finance, home portfolios

CM Kejriwal keeps crucial power, finance, home portfolios

Rediff.com28 Dec 2013

Chief Minister Arvind Kejriwal on Saturday allocated portfolios to his six Cabinet colleagues while keeping the key departments of home, finance, power and vigilance with himself.

Charan Singh opposed Nehru's socialist economy

Charan Singh opposed Nehru's socialist economy

Rediff.com9 Feb 2024

Chaudhary Charan Singh, who on Friday was conferred with India's highest civilian award Bharat Ratna, is popularly known as a champion of farmers.

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

LIC surges 10%; storms into top-5 most-valued club as m-cap tops Rs 7 trn

Rediff.com16 Feb 2024

Life Insurance Corporation of India (LIC) February 8 for the first time ever crossed the Rs 7 trillion market capitalisation, as the stock price of state-owned insurer hit a new high of Rs 1,144,45, on rallying 10 per cent on the BSE. The board of directors of the Corporation are scheduled to meet today i.e. February 8, 2024, to consider a proposal for declaration of interim dividend for the financial year 2023-24 (FY24). The board will also consider and approve the unaudited financial results for the quarter and nine-month period ended on December 31, 2023.

'Politically, BJP is ruthless'

'Politically, BJP is ruthless'

Rediff.com20 Jul 2023

'The BJP think they are running an ideology machine in this country, and they have to convert everyone, from people to parties to party leaders.'

Andhra tops 'ease of doing business' ranking of states

Andhra tops 'ease of doing business' ranking of states

Rediff.com5 Sep 2020

Registering a jump of 10 places in the rankings, Uttar Pradesh occupied the second position in 2019 as against 12th in 2018.

Doc, cop among 4 J-K employees sacked for terror links

Doc, cop among 4 J-K employees sacked for terror links

Rediff.com22 Nov 2023

In the last three years, the Union Territory administration has invoked 311 (2)(c) of the Constitution to sack more than 50 employees, who were allegedly operating in shadows within the government and drawing a salary from the public exchequer, however, they were helping Pakistani terror outfits, providing logistics to terrorists, propagating terrorists' ideology, raising terror finances and furthering secessionist agenda, officials said.

Can Stalin Repeat 2019 Lok Sabha Result In 2024?

Can Stalin Repeat 2019 Lok Sabha Result In 2024?

Rediff.com5 Jan 2024

Stalin still enjoys a lot of sympathy and empathy as someone wishing well for the state, but not full-throated support as in 2019 and 2021, notes N Sathiya Moorthy.

Gehlot's Political Response To Farmers' Debt Problem

Gehlot's Political Response To Farmers' Debt Problem

Rediff.com23 Aug 2023

Banks may become more cautious in extending loans, as more and more farmers may take loans, relying on the assurance that a debt relief commission will back them in the event of default.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

Numbers Don't Add Up For BJP In Tamil Nadu

Numbers Don't Add Up For BJP In Tamil Nadu

Rediff.com19 Apr 2024

Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.

The Kerala minister who's fighting for states in GST Council

The Kerala minister who's fighting for states in GST Council

Rediff.com23 Oct 2020

Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.

Mehbooba sacks Finance Minister Drabu for saying J-K 'not a political issue'

Mehbooba sacks Finance Minister Drabu for saying J-K 'not a political issue'

Rediff.com12 Mar 2018

"It (JK) is not a political issue as far as I can see. They have been barking up the wrong tree for the last 50 or 70 years by talking about the politics of it, that the political situation has never improved. We seriously need to look at in terms of how it is a society that is in search for itself," Drabu had said at an event organised by the PHD Chamber of Commerce and Industry in New Delhi on Friday.

'Despite Covid we don't care about health'

'Despite Covid we don't care about health'

Rediff.com7 Feb 2024

'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'

Centre in 'mission mode' to fill job vacancies in govt depts and ministries

Centre in 'mission mode' to fill job vacancies in govt depts and ministries

Rediff.com29 Sep 2022

The Centre is in "mission mode" to fill vacancies in government departments and ministries. The Department of Expenditure is currently following up with other wings of the government to expedite pending appointments. Regular follow-ups are being made to fill the vacant positions, so that the stated target of eliminating 1 million vacancies is met by December 2023, ahead of the next Lok Sabha elections. Even as the nodal ministry for filling vacant positions in the government is the Department of Personnel and Training (DoPT), the Department of Expenditure's Establishment Coordination (Personnel) division is providing support for the recruitment drive.

Police dept failure: Ajit Pawar on protest outside Sharad Pawar's house

Police dept failure: Ajit Pawar on protest outside Sharad Pawar's house

Rediff.com9 Apr 2022

Over 100 workers of the MSRTC had staged the protest outside 'Silver Oak', Pawar's bungalow on Pedder Road in south Mumbai on Friday afternoon, catching the police unawares.

Gujarat govt inflated revenue surplus figure: CAG

Gujarat govt inflated revenue surplus figure: CAG

Rediff.com3 Apr 2015

The BJP government in the state violated the Indian Government Accounting Standard.

How states can avail extra borrowing from the markets

How states can avail extra borrowing from the markets

Rediff.com20 May 2020

These conditions are implementation of the 'One Nation, One Ration Card' scheme, ease of doing business, power sector reforms, and urban local body reforms.

100% lockdown not required, but...: Maha health minister

100% lockdown not required, but...: Maha health minister

Rediff.com5 Jan 2022

Tope stressed on the need to impose restrictions wherever there is crowding.

Sitharaman, 6th FM to present budget 5 times in a row

Sitharaman, 6th FM to present budget 5 times in a row

Rediff.com1 Feb 2023

Other ministers who have presented five straight annual financial statements include Arun Jaitley, P Chidambaram, Yashwant Sinha, Manmohan Singh and Morarji Desai.

Infra Brushstrokes For The Budget

Infra Brushstrokes For The Budget

Rediff.com30 Jan 2023

7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.

At luncheon, Modi lauds Harris for strengthening Indo-US strategic ties

At luncheon, Modi lauds Harris for strengthening Indo-US strategic ties

Rediff.com24 Jun 2023

India and the US are working with renewed trust in areas of new and emerging technologies, Prime Minister Narendra Modi said on Friday as he thanked the American leadership for giving him a grand welcome.

Gujarat is most tax-compliant state in AY19, Bihar least

Gujarat is most tax-compliant state in AY19, Bihar least

Rediff.com6 Aug 2020

Among large states, the lowest rate of filing was seen in Bihar at 5 per cent, followed by UP at 8.11 per cent - much below the national average of 12 per cent.

PAN to be invalid if not linked with Aadhaar by March 2023

PAN to be invalid if not linked with Aadhaar by March 2023

Rediff.com24 Dec 2022

The Income Tax department Saturday issued an advisory that those permanent account numbers (PAN) which are not linked with Aadhaar by the end of March next year will be rendered "inoperative". "What is mandatory, is necessary. Don't delay, link it today!" the department said in a public advisory. "As per Income-tax Act, 1961, it is mandatory for all PAN holders, who do not fall under the exempt category, to link their PAN with Aadhaar before 31.3.2023. From 1.04.2023, the unlinked PAN shall become inoperative," it said.

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Rediff.com25 Sep 2022

Kumar, a 1992-batch Indian Administrative Service officer of Tamil Nadu cadre, is currently an additional secretary in the ministry of electronics and Information Technology.

State-run banks come to the rescue of MSMEs

State-run banks come to the rescue of MSMEs

Rediff.com11 Dec 2019

Banks will also consider requests from MSMEs for restructuring their stressed standard assets. So far, only 25 per cent of the around 1 million eligible MSMEs have taken benefit of the RBI's special dispensation.

GST collections rise to Rs 1.65 lakh cr in July

GST collections rise to Rs 1.65 lakh cr in July

Rediff.com1 Aug 2023

GST collection rose 11 per cent to over Rs 1.65 lakh crore in July as a result of anti-evasion measures and higher consumer spending. This is the fifth time since the rollout of the Goods and Services Tax (GST) regime that monthly collections have crossed the Rs 1.60 lakh crore mark -- making it the new normal. "Gross GST revenue collected in July is Rs 1,65,105 crore of which CGST is Rs 29,773 crore, SGST is Rs 37,623 crore, IGST is Rs 85,930 crore (including Rs 41,239 crore collected on import of goods) and cess is Rs 11,779 crore (including Rs 840 crore collected on import of goods)," the finance ministry said in a statement.

Government faces flak over Finance Bill in Rajya Sabha

Government faces flak over Finance Bill in Rajya Sabha

Rediff.com27 Mar 2017

The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.

Modi, other prominent leaders pay tributes to Parkash Singh Badal

Modi, other prominent leaders pay tributes to Parkash Singh Badal

Rediff.com26 Apr 2023

The Punjab government has declared a holiday on Thursday as a mark of respect to the former chief minister.

TN assembly re-adopts 10 bills returned by Guv Ravi

TN assembly re-adopts 10 bills returned by Guv Ravi

Rediff.com18 Nov 2023

Stalin, moving the resolution, said without giving any reasons, Ravi had returned the Bills, mentioning "I withhold Assent" to them.

Should you opt for the new tax regime? Read to find out

Should you opt for the new tax regime? Read to find out

Rediff.com1 Feb 2023

A taxpayer whose deductions and exemption claims are less than Rs 3.75 lakh annually would be advised to opt for the new income tax regime and pay less tax than they gave in the old regime, a senior finance ministry officer said on Wednesday. The Income Tax Department has arrived at the figure after making due calculations for ensuring a "hassle-free and less tax rate" filing regime for the assessees, he said. Union Finance Minister Nirmala Sitharaman, while presenting the Budget for 2023-24, said the government has made the new income tax regime more attractive for taxpayers bringing "substantial changes" in its structure for the benefit of the middle class.

Is There Time For A Reset For Paytm?

Is There Time For A Reset For Paytm?

Rediff.com12 Feb 2024

Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.

'Indian manufacturers are making good-quality EVs'

'Indian manufacturers are making good-quality EVs'

Rediff.com29 Jul 2023

'I'm very much against petrol and diesel....'' 'I travel in an electric car.' 'I have had a really good experience with it.'