Current year projection slashed to Rs 50,000 cr from Rs 65,000 cr
Proposes 30% tax on net winnings, removes threshold of Rs 10,000
Delhi HC sets aside reassessment proceedings, asks revenue dept to re-examine the issue
Even as India is a relatively bright spot in the global economy, most of its big trading partners in the West, and China are bracing for a deep slowdown and, in some cases, a recession
CBDT tells I-T officials to nudge entities; move could help garner over Rs 5,000 cr
Apex court seeks details from revenue department as it reserves final order
Sources say refunds of 600 entities not being processed
One-time opportunity to help 1,100 exporters
Agency searches multiple premises of the former bureaucrat in the alleged currency printing corruption case
The provision will also ensure the mapping of PAN of an entity with multiple existing identifications. Accordingly, it will be notified under various central and state legislations
Government officials hinted that efforts were being taken to conclude stake sale of Shipping Corp and BEML by March
'Time period for IDBI Bank to meet public to be notified soon'
Sale expected to end by the middle of next financial year
CBDT in Dec 21 meeting discuss measures to clear backlog; asks to focus on cash collection of Rs 2.05 trillion
Exemption for a 'specified period' may help IDBI Bank stake sale
The move could expedite the Centre's stake sale plan for the national carrier
Surge of 15% on annual basis; might exceed BE by Rs 1.3-1.4 trillion
Issues a separate circular on limitation period of show-cause notices
The move is aimed at improving reporting and transparency in these sectors
The government is half way against the disinvestment target of Rs 65,000 crore for the current fiscal year