(LiveMint) The government is unlikely to cut corporate income tax rate for large companies to 25% as promised in its FY16 budget because of revenue constraints, a senior tax official said. Tax rates can’t be cut further without a supporting mechanism to prevent evasion, said Akhilesh Ranjan, member (legislation) at Central Board of Direct Taxes. That European Union (EU) nations are considering a reduction in corporate taxes or the US has lowered the rate to 21% is not sufficient to sway India to reduce taxes, he said on Tuesday. Each country has to decide the rates according to its needs, added…
Author: Aruna Sharma
(AU) गैस सिलेंडर की सुरक्षा को केंद्र सरकार जल्द पुख्ता करने की तैयारी में है। इसमें उपभोक्ता की आशंका पर भी तत्काल जांच मुहैया कराई जाएगी। भले ही शिकायत मानकों पर खरा नहीं उतरने की हो या फिर लीक होने या किसी तरह के नुकसान से जुड़ी आशंका की हो। भारतीय मानक ब्यूरो (बीआईएस) के अधिकारी इसकी जांच कराएंगे। साथ ही खामी होने पर निर्माता कंपनी से जवाब तलब भी किया जाएगा। उपभोक्ता मामलों के मंत्रालय ने बीआईएस को गैस सिलेंडर की सुरक्षा मानकों पर सख्ती बरतने को कहा है। मंत्रालय ने बीआईएस को विभिन्न वर्गों के सिलेंडर की सुरक्षा जांच…
(FE) After External Affairs Minister Sushma Swaraj, Uma Bharti has become the second Union Minister to declare that she would not be contesting the 2019 Lok Sabha elections. Addressing the media in Bhopal, the MP from Jhansi said she would concentrate on issues such as the building of Ram Temple in Ayodhya and the cleanliness of river Ganga. “I will not do anything for the next one-and-a-half years except (working) for the Ganga and Lord Ram,” she said, adding that she had conveyed her decision to the BJP leadership, PTI reported. The Drinking Water and Sanitation Minister, however, clarified that…
(PTI) Petrol and diesel may soon again become cheaper in Delhi as compared to adjoining cities of Uttar Pradesh as ad valorem duty structure has translated into a bigger reduction in daily prices in the national capital. While petrol and diesel traditionally have been cheaper in Delhi than most states in the country, due to lower local sales tax or VAT, the October 5 cut in the VAT by BJP-ruled states led to fuel being available at cheaper rates in places such as Ghaziabad and Noida – the UP towns that adjoin the national capital. However, the difference that had peaked…
(PTI) Police arrested four people on Tuesday and were hunting for a Bajrang Dal activist in connection with mob violence in Bulandshahr that left an inspector and a passerby dead, as angry families demanded action amid criticism of the UP chief minister and suggestions of conspiracies.A mob of some 400 people, including right-wing activists, fought pitched battles with police on Monday in Siana area of Bulandshahr district, apparently after right-wing activists were angered by the discovery of cow carcasses strewn in a nearby jungle. They set fire to dozens of vehicles, hurled stones and also fired guns at police who…
(AU) बंगाल की खाड़ी के ऊपर कम दबाव का क्षेत्र बनने के कारण तमिलनाडु के तटीय जिलों के कुछ हिस्सों में अगले दो दिनों में भारी बारिश होने की संभावना है। मौसम विभाग के उपमहानिदेशक एस बालाचंद्रन ने बताया कि पिछले 24 घंटों में तटीय तमिलनाडु और पुडुचेरी के कई हिस्सों में काफी बारिश हुई है। उन्होंने बताया कि दक्षिण-पश्चिमी बंगाल की खाड़ी और पड़ोस में बना कम दबाव का क्षेत्र कोमोरिन क्षेत्र से अब दक्षिण-पश्चिम बंगाल की खाड़ी से दक्षिण आंध्र प्रदेश तट की ओर बढ़ रहा है। उन्होंने कहा, ‘इसके कारण, तमिलनाडु और पुडुचेरी के तटीय इलाकों में पिछले…
Attention is invited to some press reports on change in Direct Benefit Transfer (DBT) of LPG subsidy Scheme wherein it has been reported that Government may revert back to earlier system of supplying subsidized refills to domestic LPG consumers in place of the current scheme of transfer of cash subsidy into the bank account of LPG consumers under the PAHAL Scheme. It is clarified that the news reports are not based on facts and there is no such proposal before the Ministry to alter the DBT mechanism.
(FE) The Uttar Pradesh Cabinet on Monday approved selection of Adani Transmission and Power Grid Corporation for setting up transmission networks for evacuation of power from two thermal power projects —2×660 MW Obra-C project and 2×660 MW Jawaharpur project. Both these projects, which have been awarded through the tariff-based competitive bidding process, will bring an investment of Rs 1,401 crore in the state. Giving details of the Cabinet’s decision, UP government spokesperson and power minister Srikant Sharma said Power Grid Corporation and Adani Transmission were selected as service providers for power generation in under-construction Jawaharpur and Obra Thermal Power projects…
(DJ) देश में आम जनता को बीमा कवरेज देने का कार्यक्रम विशाल स्तर पर शुरु करने के बाद सरकार की कोशिश होगी कि हर जनता का जीवन बीमा हो। इसके लिए सरकार की तरफ से नए कदम भी उठाए जाएंगे। यह बात पेट्रोलियम व प्राकृतिक गैस मंत्री धर्मेद्र प्रधान ने भुवनेश्वर में एक जीवन बीमा एजेंट्स फेडरेशन की 16वीं आम सभा को संबोधित करते हुए दी। उन्होंने कहा कि जीवन बीमा निगम (एलआइसी) ने देश के विकास में जो अहम भूमिका निभाई है उसमें जीवन बीमा एजेंटों की भी बहुत बड़ी भूमिका है। जीवन बीमा से अर्जित कमाई का एक…
(ET) Nine out of 10 Indian homes now use cleaner cooking gas, a record improvement over just about five in 10 homes four years ago, as a result of the Modi government’s relentless effort at popularizing cleaner fuel and subsidizing subscription to poor families. State oil companies, pushed by the oil ministry, have added record 10 crore consumers since April 2015, expanding the active consumer base by two-thirds. This has increased access to cooking gas, or liquefied petroleum gas (LPG), to 89% of the country’s households by October end, a sharp jump from 56.2% on April 1, 2015. The increased…