Insurance companies may soon face goods and services tax (GST) audits as tax authorities plan a "deep dive" into their business practices to check for the possibility of a raft of tax-linked irregularities. Several insurance companies are being probed for wrongly availing of the input tax credit without the underlying supply of goods and services based on fake invoices generated by their channel partners and intermediaries. "We want to deep dive into the overall business and see if there are further taxation issues besides commissions, which are already being investigated," a senior official of the Central Board of Indirect Taxes and Customs said.
As emotions escalate and drama intensifies, The Night Manager 2 becomes more gripping, applauds Mayur Sanap.
Police in Jammu seized an ammunition consignment allegedly meant for terrorists dropped by a drone from Pakistan near the Jammu International Border (IB), officials said on Thursday.
Justice Subramonium Prasad said petitioner lawyer Sanjay Hegde is a "good friend" of his and that the pleas be listed before some other bench.
The NIA seized several electronic gadgets and documents during the searches at the houses of Abdul Nasir and Abdul Rahaman in Kodagu district and Naushad in Dakshina Kannada district of Karnataka.
After Wagner mercenary force chief Yevgeny Prigozhin decided to halt his forces' march to Moscow under deal brokered by Belarusian President Alexander Lukashenko.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.
Observing that it does not propose to run the administration in Manipur, the apex court said necessary verifications shall be carried out before issuing the Aadhaar cards expeditiously.
Air Chief Marshal VR Chaudhari on Tuesday made it clear that the Indian Air Force is not opposed to the tri-services theaterisation plan but asserted that the doctrinal aspects of the force should not be compromised by the proposed structures.
Ivraj Kaur and Prabhsimran Kaur, alumni of Mai Bhago Armed Forces Preparatory Institute (AFPI) for girls in Mohali, were commissioned as flying officers from the Air Force Academy in Dundigal and Hyderabad.
Due to COVID-19 pandemic, for the first time guardians of the cadets were not invited in order to avoid crowding. Wearing a face mask, Army Chief General M M Naravane reviewed the Passing Out Parade of 423 officers including 90 Gentleman Cadets from nine friendly foreign countries.
The top court laid down broad principles of law to be taken into account especially in the case of recruitment in police forces, saying their ability to inspire public confidence is a bulwark to society's security.
The number of total recruits in 2019 was 95,843 with the Army topping the list with 81,812 personnel followed by the IAF with 7,548 and the Navy accounting for 6,483 personnel.
The squad also includes Punjab opener Prabhsimran Singh and Punjab pacers Siddharth Kaul and Baltej Singh.
The defence minister also said India is moving quickly from being the world's largest importer of defence equipment to an exporter.
The militants armed with sophisticated weapons surrounded the villagers of the Khamelok area bordering Imphal East district and Kangpoki district and launched the attack at around 1 am, the police said.
More than a dozen people were killed as Russian missiles targeted residential buildings in Kryvyi Rih, Ukrainian President Volodymyr Zelenskyy's home town on Tuesday, June 13, 2023.
Keshav Govind Vyas is the reason his grandsons chose to join the armed forces.
These sweeping financial sanctions follow the action earlier this week to cut off Russia's frozen funds in the United States to make debt payments.
The defence secretary was responding to a question from Congressman Joe Wilson, a friend of India in the Congress who, of late, has been critical of India deciding to take an independent position on the Russian invasion of Ukraine.
Edtech major Byju's will launch the Initial Public Offering (IPO) of its test preparatory arm Aakash Education Services Limited by middle of next year, the company said on Monday. Aakash Education Services Limited (AESL) revenue is on track to reach Rs 4,000 crore with an EBITDA (operational profit) of Rs 900 crore in the fiscal year 2023-24, the company said in a statement. "Byju's... will launch the Initial Public Offering (IPO) of its subsidiary, Aakash Education Services Limited (AESL) mid next year," Byju's said in a statement.
United States President Joe Biden tripped on a sandbag and fell after he handed out the last diploma at a graduation ceremony at the US Air Force Academy in Colorado on Thursday, CNN reported.
It is a tribute to a system so robustly meritocratic that this team represents India's diversity better than any other institution: The Union Cabinet, our chief ministers, the civil services, the leadership of our armed forces and security agencies, the judiciary and more than all of these, our typical newsroom. That is the biggest message from this breathless rise of Indian cricket, asserts Shekhar Gupta.
Security has been beefed up across the national capital, especially in New Delhi district, on the eve of the G20 summit with police, paramilitary forces and other agencies maintaining a hawk-eye vigil in the city, officials said on Friday.
"Why are the Prime Minister, Home Minister and Defence Minister quiet on the Agnipath scheme?" Kharge asked.
West Bengal Chief Minister Mamata Banerjee on Monday slammed the BJP-led central government over the Agnipath scheme, alleging that the saffron camp was trying to create its own "armed" cadre base through the new defence recruitment programme.
It was Singh's second meeting with the chiefs of the Army, Navy and the Air Force for the second straight day on the issue.
The statement of Commander of US Indo-Pacific Command Admiral John Aquilino on Wednesday came ahead of the 15th round of high-level military talks between India and China on March 11.
Top Pentagon officials have shown an understanding of India abstaining at the UN on resolutions against the Russian aggression against Ukraine but had a hard time pacifying many US lawmakers during a Congressional hearing on the Indo-Pacific on New Delhi's repeated abstention at the world body in New York.
In one of these clips or voice notes, he is heard stating that his company could not come out of the financial crisis it was facing because of the procedure adopted by the financial services firm.
Himachal Pradesh right-arm fast bowler Arpit Guleria will replace injured pacer Mayank Yadav in the Lucknow Super Giants squad for the remainder of the Indian Premier League, the organisers announced on Saturday.
Gift Nifty will provide Indian investors cues on how domestic markets could react to global events.
The National Stock Exchange (NSE) has received Rs 300 crore from the Securities and Exchange Board of India (Sebi) following relief from the Supreme Court (SC), which is hearing an appeal by the market regulator in the colocation case. The court on March 20 asked Sebi to return Rs 300 crore to the NSE from the Rs 1,107 crore the exchange had deposited as part of the disgorgement in the case. The NSE had given an undertaking that it will return the entire amount to Sebi if the latter wins its appeal before the SC.
The US, in coordination with allies and partners, continued to forcefully respond to Russia's "unjustified, unprovoked and premeditated" invasion of Ukraine by imposing sanctions on Putin and Lavrov.
The officials said that the recently developed SH-15, a 155 mm truck-mounted howitzer gun, has also been spotted at some places along the Line of Control after it was displayed on Pakistan Day last year.
It said the acceptance of necessity accorded to the procurement by the Defence Acquisition Council noted the estimated cost of $3,072 million as provided by the US government, adding the price will be negotiated once policy approval from Washington is received.
India's largest IT services player Tata Consultancy Services (TCS) saw its $2 billion, 10-year deal with Transamerica Life Insurance Company come to an end even before the period was over. Transamerica is the subsidiary of American arm of Dutch insurer Aegon NV. This is not the first time such a long-term deal has been called off. Earlier this year, UK's National Employment Savings Trust (NEST), ended a $1.8-billion deal with French IT services player Atos.
Glimpses from KAVACH, a joint military exercise conducted by the Andaman and Nicobar Command involving the army, navy, air force and coast guard.
A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.
'Gadar 2 was made with the purpose of entertaining people and not to perpetuate enmity between neighbouring countries.'
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