The council is likely to draft a new rule under which entities are likely to be quizzed about the excess ITC claimed by them. They may even be asked to deposit the excess amount with the government, sources said.
Category: NEW DELHI
Govt to draft rules requiring health, finance influencers to run disclaimers
The department of consumer affairs is in the process of preparing guidelines for social media influencers, especially in the field of health and finance, to ensure that they are not pedalling half-baked or misleading information.
GST network brought under anti-money laundering law to plug tax evasion
The government through a gazette notification, notified the exchange of information between ED and GSTN under the Prevention of Money Laundering Act, 2002 (PMLA) to help in such kind of investigations.
Delhi records highest-ever single-day downpour in 20 years
The national capital on Saturday received 126.1 mm rainfall between 8.30 a.m. and 5.30 p.m. -- the highest-ever in a day since 133.4 mm recorded on July 10, 2023, an official said, adding the city had logged an all-time high of 266.2 mm on July 21, 1958.
2020 riots: Delhi court acquits six persons accused of rioting, arson, loot
Due to this inconsistency, the found it difficult to rely on their claims and concluded that it remained a matter of circumstantial evidence to establish that both incidents were caused by a mob.
'Musafir hain hum bhi…' : Poetic farewell by CJI to colleague Justice Krishan Murari
A farewell function organised by the Supreme Court Bar Association for Justice Krishan Murari, witnessed an atmosphere filled with poetry by Chief Justice of India (CJI) D.Y. Chandrachud.
Cops nab three sharpshooters of Lawrence Bishnoi syndicate in Delhi
According to police, on June 23, 2023, a merchant based in Lajpat Rai Market received an extortion call, and the accused threatened him on behalf of Lawrence Bishnoi while demanding Rs 20 lakh as protection money.
Rahul interacts with farmers in Haryana's Sonipat, plants paddy
According to party leaders, he also asked the farmers about the issues they are facing and about their earnings. However, Rahul Gandhi then returned to Delhi cancelling his Shimla trip due to bad weather, party sources said.
Flood of FPI flows into India continues
The flood of FPI flows into India continues with Rs 21,943 crore of inflows (including bulk deals) till 8th of this month, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
TRAI floats consultation paper on regulatory mechanism for OTT communication services, selective banning of OTT services
The Telecom Regulatory Authority of India (TRAI) on Friday released a Consultation Paper on Regulatory Mechanism for Over-The-Top (OTT) Communication Services, and Selective Banning of OTT Services.
Excise policy case: ED attaches assets worth Rs 52 cr of Sisodia, his wife, others
In a major move, the Enforcement Directorate said on Friday that it has attached assets worth Rs 52.24 crore belonging to arrested AAP leader Minister Manish Sisodia, his wife and some other accused persons in connection with the Delhi excise policy case.
India urges UK to take strong action against extremist elements
India is learnt to have urged UK to take strong action against extremist elements threatening Indian diplomats. This issue was raised during talks between National Security Adviser Ajit Doval and his UK counterpart Tim Barrow.
Zero balance accounts for NCC cadets, to get uniform allowance directly
According to the Ministry of Defence, about 5 lakh cadets will be benefitted by this initiative every year. The NCC and State Bank of India (SBI) signed a Memorandum of Understanding (MoU) in the presence of Defence Minister Rajnath Singh for this new beginning.
Delhi court summons former WFI chief Brij Bhushan Singh in sexual harassment case
Delhi’s Rouse Avenue court has summoned Brij Bhushan Singh, a Member of Parliament from the Bharatiya Janata Party (BJP) and the former Wrestling Chief of India, in connection with allegations of sexual harassment made by the country’s leading female wrestlers.
Tanzania is India's largest African partner in capacity building: Jaishankar
During an interaction with the Indian community in Dar-es-Salaam on Thursday as part of his ongoing visit to Tanzania, Jaishankar stressed on the importance of Mission IT (India & Tanzania).
Respect HC judgement, will approach SC: Cong on Rahul defamation case verdict
Soon after the Gujarat High Court on Friday denied stay on the conviction of former Congress president Rahul Gandhi in a 'Modi surname' remark defamation case, the Congress said that it respects the court judgement and would approach the Supreme Court.
India rejects Pak's attempt to raise Kashmir issue at NAM meet
Secretary (West) in the External Affairs Ministry, Sanjay Verma, while delivering his statement at the NAM ministerial meeting, said that India rejects the "unfounded and baseless remarks" by Pakistan.
Macron's diplomatic advisor discusses India-France strategic dialogue with Ajit Doval
Ahead of Prime Minister Narendra Modi's visit to France next week, Emmanuel Bonne, the diplomatic advisor to French President Emmanuel Macron, called on National Security Advisor Ajit Doval here on Thursday.
Macron's diplomatic adviser calls on PM Modi
Recalling his recent meeting with Macron in Hiroshima, the Prime Minister said that he looked forward to continuing their conversation in Paris that would further strengthen the India-France Strategic Partnership.
NCP National Executive meeting on at Sharad Pawar's Delhi residence
A day after a meeting in Mumbai, Nationalist Congress Party (NCP) chief Sharad Pawar on Thursday was chairing the party's National Executive meeting here in wake of the split in the party by his nephew Ajit Pawar, who joined the Eknath Shinde government in Maharashtra.
India gears up to reach scale in making original electronic products: MoS IT
Addressing a 'Digital India Dialogues' session on the recently-revised production-linked incentive (PLI) scheme for IT hardware in Bengaluru, the minister said that our ambitions are very clear -- a $300 billion Electronics industry and the $1 trillion digital economy by 2026.
SC agrees to hear Delhi govt’s plea challenging constitutionality of ordinance on July 10
The Supreme Court on Thursday agreed to hear on July 10 the Delhi government’s plea challenging the constitutionality of the ordinance brought by the Centre on control of services in the national capital.
Strength of domestic demand works for economy, India poised to sustain growth momentum: Economic Review
The country’s impressive growth experienced in 2022-23, when the world economy was rocked by inflation and restrained by monetary tightening, is a narrative on what works for the Indian economy, and what clearly works is the strength of its domestic demand.
Search on for new MP BJP chief, incumbent president's term may be extended
With an eye on the 2024 Lok Sabha polls, the BJP leadership has started a major organisational rejig across states. To begin with, the party has appointed new state chiefs for Punjab, Telangana, Jharkhand and Andhra Pradesh.
Situation not normal in Manipur, will raise it in Monsoon Session: Congress
The Congress on Wednesday again targeted Prime MInister Narendra Modi for his silence on violence-hit Manipur and said that the situation is not normal in the northeastern state and it will raise the issue in the Parliament's coming Monsoon Session.