DEPARTMENT OF TELECOMMUNICATIONS
Rs 4,500 crore mutual fund money at stake in Voda Idea; Templeton markdown hits 6 schemes
The telco’s survival will now depend on its ability to garner funds to pay the statutory dues.
Vodafone Idea tweaks rights issue objective after 2-year spectrum payment moratorium
Vodafone Idea needs to pay over Rs 53,000 crore in licen...
Work divided for Rawat-led dept of military affairs
The defence ministry has shifted administrative and revenue procurement matters of the ar...
Revenue department detects 931 GST fraud cases through data analytics
Refunds of over Rs 28,000 crore are said to have been filed by over 27,000 taxpayers so far on account of inverted duty structure in the current financial year.
US charges 5 over illegal exports for Pakistan's nuclear programme; Islamabad says no information
According to the indictment, between September 2014 and October 2019, the five operated an international procurement network of front companies that existed to acquire US-origin goods for the Advanced Engineering Research Organisation (AERO) and the Pakistan Atomic Energy Commission (PAEC). They exported US-made goods to the two Pakistani entities.
IMD to change reference dates for monsoon onset, withdrawal from this year: MoES
June 1 is the onset date for monsoon over Kerala and it is likely to remain the same but the IMD will change the reference dates for some states and cities, Secretary in the ministry M Rajeevan said.
Pakistan caught again in nuclear smuggling activity
According to the US Justice Department, the five men, based in Canada, Hong Kong, and UK, “operated an international procurement network of front companies that existed to acquire US-origin goods for AERO) and PAEC, and to cause those goods to be exported from the United States to the entities without export licenses in violation of federals law.”
GNFC to contest DoTs demand notice
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) has contested the telecom department’s demand for Rs 15,019 crore in additional licence fee, interest and penalties for holding V-SAT and internet service provider (ISP) licences, and plans to take legal action against the notice, said company executives. GNFC considers itself unliable to pay any further dues.
I-T asks ED to share details of its probe against Kochhars
At least four central agencies — the Ministry of Corporate Affairs and CBI, besides the ED and tax department — are probing the Kochhars and Videocon chairman Venugopal Dhoot, over alleged irregularities in certain loan deals between ICICI Bank and the industrial group when Chanda Kochhar was at the helm of the lender.
CDS Bipin Rawat's Department of Military Affairs to have 37 secretaries. Here are details
"Under the newly-created Department of Military Affairs headed by Chief of Defence Staff Gen Bipin Rawat, there will be two Joint Secretaries, 13 Deputy Secretaries and 22 Under Secretaries," the sources said. Thus, the department will have a total of 37 secretaries.
Delhi polls: Income-Tax department sets up control room with toll free number for black money info
The facility will also host a toll-free number- 1800117574 - where people can inform the department about any activity of use of money power, illegal distribution of cash among other such election-related crimes. The control room has been established in the investigation wing of the department here.
Assembly polls: Delhi govt directs officials to monitor CCTV camera footage of liquor warehouses
An official said all the designated officers will be required to submit a certificate on a daily basis stating that CCTV cameras installed at the liquor warehouses were functioning and no irregular activity about illicit storage was noticed.
Tax Department rolls back order; allows joint property owners to file returns using simple forms
"After the notification, concerns have been raised that the changes are likely to cause hardship in the case of individual taxpayers," the Central Board of Direct Taxes (CBDT) said in a statement.
Data analytics to curb fake input tax credit claims
Revenue secretary Ajay Bhushan Pandey is reviewing the matter of fraud input tax credit (ITC) claims on a weekly basis, a government official said, adding that the department will verify and scrutinise taxpayers that have purchased goods from tax evading non-filers.
Cabinet gives ex-post-facto nod to MoC between health department, Gates Foundation
It covers areas of cooperation aimed at reducing maternal, neonatal and child morbidity and mortality, improve key nutrition outcomes by improving the reach, coverage and quality of essential primary health, immunization and nutrition services.
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