retrospective effect

(Vodafone willing to discuss tax demand (Lead, superseding previous story)


September 21st, 2012 - 12:40 am ICT by IANS
New Delhi, Sep 20 (IANS) Britain-based telecom service provider Vodafone Thursday said it was willing to discuss a tax demand of Rs.11,000 crore but remained non-commital on paying a lesser ... Read more...

Posted in Business |

Chidambaram helping MNCs, says CPI-M


August 7th, 2012 - 2:53 pm ICT by IANS
New Delhi, Aug 7 (IANS) The CPI-M Tuesday accused Finance Minister P. Chidambaram of helping multinationals to escape tax on assets acquired in India and also foreign and Indian ... Read more...

Posted in Politics |

2G: SC to hold hearing on presidential reference (Lead)


July 18th, 2012 - 9:45 pm ICT by IANS
New Delhi, July 18 (IANS) The Supreme Court Wednesday decided to hold hearing on the presidential reference to answer whether all natural resources other than the telecom spectrum could be ... Read more...

Posted in Business |

IGL stock rallies 29 percent on high court order


June 1st, 2012 - 8:38 pm ICT by IANS
Mumbai, June 1 (IANS) The Indraprastha Gas Ltd (IGL) scrip rallied 28.70 percent to Rs.249.35 after the Delhi High Court ruled in its favour Friday.The court quashed an order of ... Read more...

Posted in Business |

Court quashes regulatory board’s order on CNG


June 1st, 2012 - 6:17 pm ICT by IANS
New Delhi, June 1 (IANS) The Delhi High Court Friday quashed an order of the Petroleum and Natural Gas Regulatory Board slashing the network tariff and compression charges with retrospective ... Read more...

Posted in Uncategorized |

Tax cases settled before April 1 won’t be reopened: Mukherjee


May 30th, 2012 - 5:19 pm ICT by IANS
New Delhi, May 30 (IANS) In a bid to soothe investors' concerns over retrospective amendments to tax laws, Finance Minister Pranab Mukherjee Wednesday said the government would not reopen ... Read more...

Posted in Business |

Have power to frame CNG tariff rules, regulator tells court (Lead)


May 22nd, 2012 - 11:25 pm ICT by IANS
New Delhi, April 22 (IANS) The Petroleum and Natural Gas Regulatory Board Tuesday told the Delhi High Court that it has the power to frame tariff regulations for Indraprastha Gas ... Read more...

Posted in Business |

Government hasn’t directed reopening Vodafone-type cases: Palanimanickam


May 8th, 2012 - 9:49 pm ICT by IANS
New Delhi, May 8 (IANS) The government has not directed the income tax department to reopen cases similar to Vodafone's, parliament was informed Tuesday."The decision to reopening or not reopening ... Read more...

Posted in Business |

Vodafone plea denied as Mukherjee says ‘India no tax haven’


May 8th, 2012 - 7:48 pm ICT by IANS
N0ew Delhi, May 8 (IANS) Finance Minister Pranab Mukherjee Tuesday declined to roll-back a change in the Income Tax Act with retrospective effect to tax foreign firms for capital ... Read more...

Posted in Business |

Vodafone sends notice on retrospective tax (Lead)


April 17th, 2012 - 7:03 pm ICT by IANS
New Delhi/Mumbai, April 17 (IANS) Britain-based global telecom company Vodafone Tuesday served notice on the Indian government on its retrospective proposal to levy capital gain tax on a transaction ... Read more...

Posted in World |

Vodanfone issue: HSBC seeks ‘tax clarity’ from government


April 12th, 2012 - 7:52 pm ICT by IANS
Kolkata, April 12 (IANS) HSBC, Europe's biggest bank, Thursday sought "tax clarity" from the government in the backdrop of Finance Minister Pranab Mukherjee's statement there was "no other way" ... Read more...

Posted in Business |

India not a tax haven: Pranab


April 1st, 2012 - 10:20 pm ICT by IANS
Kolkata, April 1 (IANS) Defending the proposed amendment of the Income Tax (IT) Act with retrospective effect, union Finance Minister Pranab Mukherjee Sunday said India cannot be a tax ... Read more...

Posted in Business |

Pranab defends amending IT Act to deal with Vodafone-type deals


March 31st, 2012 - 6:33 pm ICT by IANS
Kolkata, March 31 (IANS) Finance Minister Pranab Mukherjee Saturday said there is "no other way" but to amend the Income Tax Act with retrospective effect to bring into ... Read more...

Posted in Business |

Tax law amendments not aimed at opening old cases: Mukherjee


March 25th, 2012 - 6:33 pm ICT by IANS
New Delhi, March 25 (IANS) Finance Minister Pranab Mukherjee Sunday clarified that the proposed amendments in tax regulations were not aimed at opening old cases with any vindictive intent, ... Read more...

Posted in Business |

Government employees to get 7 percent additional dearness allowance


March 23rd, 2012 - 9:33 pm ICT by IANS
New Delhi, March 23 (IANS) The over four-million central government employees will go home with an increased pay packet from now, with the union cabinet Friday hiking the dearness ... Read more...

Posted in Politics |

Committed to the reforms process: Pranab


March 17th, 2012 - 4:24 pm ICT by IANS
New Delhi, March 17 (IANS) A day after presenting the federal budget for next fiscal, which mostly got negative reviews from analysts and commoners, Finance Minister Pranab Mukherjee said ... Read more...

Posted in Business |

Vodafone chief Vittorio Colao meets Sibal


February 13th, 2012 - 7:57 pm ICT by IANS
New Delhi, Feb 13 (IANS) Vittorio Colao, chief executive of the world's largest mobile telephone operator, Vodafone Plc, met Communications Minister Kapil Sibal here Monday and is understood to have ... Read more...

Posted in Business |

Coal India rolls back recent price hike


January 31st, 2012 - 8:21 pm ICT by IANS
New Delhi, Jan 31 (IANS) Following opposition from several users, state-owned Coal India (CIL) Tuesday decided to roll back the prices of the commodity it hiked earlier this month.CIL ... Read more...

Posted in Business |

States should decide on Lokayuktas, says DMK


December 27th, 2011 - 5:58 pm ICT by IANS
New Delhi, Dec 27 (IANS) United Progressive Alliance (UPA) constituent DMK Tuesday said the Lokpal bill should not come into effect retrospectively and enactment of Lokayuktas should be left to ... Read more...

Posted in Politics |

Sukna land scam: Lt.Gen. Avadesh Prakash sacked by court martial (Roundup)


December 3rd, 2011 - 10:47 pm ICT by IANS
Guwahati, Dec 3 (IANS) Indian Army's former military secretary, Lt. Gen. (retd) Avadesh Prakash was Saturday dismissed from service by an army court martial for his involvement in a land ... Read more...

Posted in Uncategorized |

Sukna scam: Lt.Gen. Avadesh Prakash dismissed from service


December 3rd, 2011 - 3:00 pm ICT by IANS
Guwahati, Dec 3 (IANS) Former military secretary Lt. Gen. (retired) Avadesh Prakash was Saturday dismissed from service by an Indian Army court martial for his involvement in a land scam ... Read more...

Posted in Uncategorized |

Goa mulls tax on unoccupied second flats, homes


November 10th, 2011 - 11:27 pm ICT by IANS
Panaji, Nov 10 (IANS) Planning to buy a second home in Goa for investment purposes? Think again. The Goa government is examining a proposal from a land use panel which ... Read more...

Posted in Business |

Wage board recommendations for media cleared


October 25th, 2011 - 7:03 pm ICT by IANS
New Delhi, Oct 25 (IANS) The government Tuesday presented a Diwali gift to journalists and other employees of newspapers and news agencies by approving the recommendations of their wage ... Read more...

Posted in Uncategorized |

Defector BSP legislator disqualified


October 17th, 2011 - 7:09 pm ICT by IANS
Lucknow, Oct 17 (IANS) Uttar Pradesh's ruling Bahujan Samaj Party (BSP) legislator Krishna Kumar Singh, who had switched loyalties to the Samajwadi Party, was Monday disqualified by Speaker Sukhdeo ... Read more...

Posted in Uncategorized |

Government offers Rs.1,700 crore sops to boost exports


October 13th, 2011 - 8:14 pm ICT by IANS
New Delhi, Oct 13 (IANS) The Indian government Thursday announced various incentives, including interest subsidy, worth around Rs.1,700 crore to boost the growth of exports in view of the slowing ... Read more...

Posted in Uncategorized |

Ramesh says draft land bill being modified, lauds Rahul (Lead)


August 12th, 2011 - 12:47 am ICT by IANS
New Delhi, Aug 11 (IANS) Rural Development Minister Jairam Ramesh Thursday said his ministry is working on some modifications in the draft land bill which will spell out public ... Read more...

Posted in Politics |

Retrospective effect for land bill to be examined: Jairam


August 4th, 2011 - 3:08 pm ICT by IANS
New Delhi, Aug 4 (IANS) The government will examine whether the proposed land acquisition bill should have retrospective effect, Minister for Rural Development Jairam Ramesh told the Lok Sabha Thursday.Ramesh ... Read more...

Posted in Politics |

Rahul’s march to get feedback on land policy: Digvijay


July 5th, 2011 - 6:59 pm ICT by IANS
New Delhi, July 5 (IANS) Congress general secretary Digvijay Singh Tuesday said party leader Rahul Gandhi's foot march (padyatra) from the twin villages of Bhatta-Parsaul was aimed at getting ... Read more...

Posted in Uncategorized |

Anganwadi health workers’ honorarium to be doubled


July 1st, 2011 - 12:03 am ICT by IANS
New Delhi, June 30 (IANS) The monthly remuneration of over 11 lakh anganwadi community health workers would doubled with retrospective effect from April 1, the cabinet committee on economic ... Read more...

Posted in Uncategorized |

Goa schools oppose ‘no fail’ policy this academic year


May 17th, 2011 - 12:36 am ICT by IANS
Panaji, May 16 (IANS) The Goa government's decision to implement the "no-fail" policy from classes 1 to 8 as advocated in the Right to Education (RTE) law this academic year ... Read more...

Posted in Uncategorized |

Voices against Goa’s ‘no fail’ policy till Class 8


May 14th, 2011 - 4:56 pm ICT by IANS
Panaji, May 14 (IANS) Headmasters of schools in Goa have opposed a state government directive, as per the Right to Education (RTE) Act, that no student between Class 1 and ... Read more...

Posted in Uncategorized |

Lok Sabha passes anti-demolition bill for Delhi


March 18th, 2011 - 10:31 pm ICT by IANS
New Delhi, March 18 (IANS) In a relief to residents of the capital's 400 rural and 'urbanised' villages facing the civic body's demolition squad, the Lok Sabha Friday passed a ... Read more...

Posted in Politics |

Tax-evader Khan’s custody extended for a day (Lead)


March 10th, 2011 - 5:34 pm ICT by IANS
Mumbai, March 10 (IANS) Hasan Ali Khan, accused of stashing away nearly $8 billion abroad, was Thursday remanded to the Enforcement Directorate (ED) custody for another day and claimed that ... Read more...

Posted in Uncategorized |

Orissa minister, lawmakers to get three-fold salary hike


February 12th, 2011 - 1:59 pm ICT by IANS
Bhubaneswar, Feb 12 (IANS) Orissa ministers and lawmakers are set to get a nearly three-fold hike in their salary apart from perks with retrospective effect from April 1, 2010, an official said ... Read more...

Posted in Politics |

Enemy Property Act, 1968 amendments approved


October 20th, 2010 - 2:32 pm ICT by ANI
New Delhi, Oct 20 (ANI): The Union Cabinet today approved the proposal of Ministry of Home Affairs to introduce the Enemy Property (Amendment and Validation) Second Bill, 2010.The amendments, among other things, ... Read more...

Posted in National |

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