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The CBDT has also directed the taxman to step up publicity by advertising about the IDS at posh markets, clubs and showrooms.

Bonds rebound on fresh demand, call rates stable

The 7.59% government security maturing in 2026 rose to Rs 102.8425 from Rs 102.6650 yesterday.

4 Aug 2016 7:15 PM IST

Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries.

Mukesh Ambani keeps salary capped at Rs 15 crore for 8th year

Ambani has kept salary at Rs 15 crore since 2008-09, foregoing almost Rs 24 crore per annum.

4 Aug 2016 6:37 PM IST

The passage of GST is in line with an assessment that progress in reforms will be gradual and dependent on ad-hoc political support.

GST an opportunity to rationalise tax structure in auto sector

Overall it will create a positive investment confidence towards manufacturing capacity creation.

4 Aug 2016 6:26 PM IST

With the pressure of implementing the Justice Lodha Committee Reforms in the coming six months, a wary BCCI will be meeting for its Special General Meeting to discuss the far-reaching implications of the Supreme Court directive. (Photo: BCCI)

BCCI to discuss Lodha reforms in Special General Meeting

A wary board will meet to talk about the far-reaching implications of the SC directive.

4 Aug 2016 6:08 PM IST

Union Home Minister Rajnath Singh will visit Pakistan this week to attend the SAARC Home Ministers conference. (Photo: PTI)

Pakistan didn't black out Rajnath's speech at SAARC: Govt sources

According to sources, the entire proceedings of the SAARC conference are on camera.

4 Aug 2016 6:00 PM IST

The government expects to raise at least Rs 64,000 crore from the auction of about 2,300 Mhz of spectrum and Rs 98,995 crore from various levies and services in the telecom sector this financial year.

Spectrum sale: DoT to issue main auction paper next week

The Cabinet last evening approved 3 per cent annual usage charge for the spectrum to be procured in the upcoming...

4 Aug 2016 3:45 PM IST

Delhi Chief Minister Arvind Kejriwal (Photo: PTI)

Kejriwal loses turf battle to Delhi Lt Governor, moves Supreme Court

In a massive setback to Kejriwal, High Court held Lieutenant Governor as the administrative head of Delhi.

4 Aug 2016 1:43 PM IST

There are around 4,400 vacancies out of the 20,000 sanctioned posts in the subordinate judiciary.

No proposal now for reservation in higher judiciary: Govt

Due consideration be given to suitable candidates belonging to Other Backward Classes, Scheduled Castes, Scheduled...

4 Aug 2016 1:20 PM IST

Although England, Australia and New Zealand have all come out in favour of the two-tier Test system, Indias opposition to the proposal could well mean it is now dead in the water. (Photo: PTI)

BCCI opposes two-tier Test plan: report

The plan has been fiercely opposed by the likes of Bangladesh and Sri Lanka.

4 Aug 2016 12:40 PM IST

External Affairs Minister Sushma Swaraj arrives at Parliament House during the ongoing monsoon session in New Delhi. (Photo: PTI)

Saudi to send stranded Indian workers back at its own expense

Sushma Swaraj said Saudi Arabia has also agreed to provide free medical facility and food to the Indian workers.

4 Aug 2016 12:38 PM IST

The Finance Secretary said the GST regime would bring more compliance, which would mean more transactions falling into the tax net.

No impact on inflation even if GST rate is 18-20%: Finance Ministry

States and the Centre will take a call on rates that will take into account all issues, including the concern related to...

4 Aug 2016 12:21 PM IST

The implementation of GST would reduce the on-road prices for price sensitive, entry-level segment, and improve the affordability of the vehicles for the end-consumers.

Auto stocks soar on GST passage

The uptick in auto stocks is largely on anticipation that the implementation of GST would benefit auto manufacturers.

4 Aug 2016 12:10 PM IST