AAP's Yogendra Yadav declares assets of Rs 3 crore

Senior Aam Aadmi Party leader and Gurgaon candidate Yogendra Yadav on Thursday declared his assets to the tune of about Rs 3 crore, which includes farm land, commercial booth and sizable amount of......

Why Tamil Nadu suspended this IAS officer

C Umashankar, a 1990 batch Indian Administrative Service officer from Tamil Nadu, has been acclaimed for his honesty. This did not always endear the 46-year-old bureaucrat to the powers that be.......

Karnataka judge declares assets online

Justice D V Shylendra Kumar, a Karnataka high court judge, who disclosed his assets to the registrar general of the high court on Wednesday, released an online statement on Thursday saying he chose......

Why govt employees hate the National Pension System

NPS still has critics despite being in business for a decade and mopping Rs 24,000 crore as of 2013-14. The 7th central pay commission (CPC) was not supposed to look into the National Pension......

Govt retains interest rate for GPF at 8.7% for current fiscal

The government has retained the rate of interest for General Provident Fund and other related schemes at 8.7 per cent for the current fiscal. The 8.7 per cent interest will apply on Provident Funds......

What the revised Direct Tax Code offers

The salaried class will be broadly happy with the revised direct taxes code (DTC), but the harsher provisions for investments in stocks and mutual funds could temper the enthusiasm. The revised......

Retirement benefits, including PF, not to be taxed

The government today dropped a contentious proposal to tax retirement benefits like PF on withdrawal, as also a move to levy Minimum Alternate Tax on corporates based on their assets, from the......

Ecclestone sets Silverstone deadline

Silverstone's owners have been given a two-day deadline to agree a deal to keep next year's British Grand Prix on the Formula One calendar."If it (the contract) is done before Thursday, they are on......

Bahrain no safety risk: Schumacher

Michael Schumacher said on Thursday he had no fears about security for next month's Bahrain Grand Prix following the recent bombings in Madrid.The six-times world champion insisted the inaugural......

Renault deny Ralf deal

The Renault Formula One team denied on Tuesday that they were negotiating to sign Ralf Schumacher from Williams.Team boss Flavio Briatore, reacting to a report in Germany's Bild newspaper, said......