Business Standard

Friday, December 27, 2024 | 02:23 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

LIVE: PM Modi lays foundation stone for development projects in Kutch

Stay tuned for Latest LIVE news

Image BS Web Team New Delhi
Narendra Modi

Prime Minister Narendra Modi

5:49 PM

UK PM Johnson accepts invitation to be chief guest at Republic Day parade

UK Prime Minister Boris Johnson has accepted his Indian counterpart Narendra Modi's invitation to be the chief guest at the Republic Day parade on January 26, Downing Street said here on Tuesday, marking his first major bilateral visit since taking office last year and the first since Britain's exit from the European Union. Describing India as a key player in the Indo-Pacific region, Johnson said on Tuesday that his visit will mark the start of an "exciting year" for Global Britain and deliver a "quantum leap" in the bilateral ties.
 
Downing Street said that trade and investment, defence and security, health and climate change have been identified as some of the priority areas of focus on both sides for the visit in the New Year.
 
"I am absolutely delighted to be visiting India next year at the start of an exciting year for Global Britain, and look forward to delivering the quantum leap in our bilateral relationship that Prime Minister Modi and I have pledged to achieve," said Johnson. READ MORE...

Photo: Reuters
5:20 PM

I-T Dept detects over Rs 700 crore tax evasion after raids against Chennai's Chettinad Group

The Income Tax Department has detected tax evasion of more than Rs 700 crore after it recently raided multiple locations of Chennai-based Chettinad Group, the CBDT and official sources said on Tuesday.
 
"The highlight of the search includes seizure of unaccounted cash of Rs 23 crore from various locations," the CBDT said in a statement. "As of now, the department has succeeded in detecting evasion of income of over Rs 700 crore," it said.
 
The statement claimed that tax sleuths also detected documents related to possession of "foreign assets to the extent of Rs 110 crore in the form of fixed deposits, which were not disclosed in the return (income tax return) and will attract action under the Black Money Act".
4:58 PM

Govt extends deadline for completing GST anti-profiteering probe till March 2021

The government has extended the deadline till March 31, 2021 for completing GST anti-profiteering investigations, which were to be completed by November this year. Through a notification, the Central Board of Indirect Taxes and Customs (CBIC) extended the deadline for completion of such investigations by authorities, like DGAP, under section 171 of GST Act, till March 31, 2021.
 
In September, CBIC had extended the deadline till November 30, 2020.
 
Section 171 of GST Act deals with anti-profiteering measures. Under the GST law, a National Anti-Profiteering Authority (NAA) and a Standing Committee on anti-profiteering have been set up to examine complaints of not passing on tax rate cut benefits to consumers. GST was rolled out on July 1, 2017.
4:30 PM

Farmers who are surrounding Delhi have been misguided: Prime Minister Narendra Modi

4:29 PM

LIVE: PM Modi lays foundation stone for development projects in Gujarat's Kutch

Prime Minister Narendra Modi on Tuesday laid foundation stones of a desalination plant, a hybrid renewable energy park, and a fully automated milk processing and packing plant in his home state Gujarat. Harnessing its vast coastline, Gujarat is taking a significant step towards transforming seawater to potable drinking water with the upcoming desalination plant at Mandvi in Kutch district. 
 
This desalination plant, with 10 crore litre per day capacity (100 MLD), will strengthen water security in Gujarat by complementing Narmada Grid, Sauni network and treated waste water infrastructure, he said.
 
It will be an important milestone for sustainable and affordable water resource harvesting in the country. Nearly 8 lakh people across the regions of Mundra, Lakhpat, Abdasa and Nakhatrana talukas will receive desalinated water from this plant, which will also help in sharing the surplus to upstream districts of Bhachau, Rapar and Gandhidham.
4:16 PM

Govt addressing farmers' concerns; opposition misguiding them: PM Modi

Prime Minister Narendra Modi on Tuesday said his government is addressing the concerns of farmers over the new agri laws and accused the opposition parties of misguiding them. Modi was speaking after laying foundation stones of a desalination plant, a hybrid renewable energy park, and a fully automated milk processing and packing plant in his home state Gujarat.
 
"Farmers gathered near Delhi are being misled as part of a conspiracy. Farmers are told that their land will be grabbed by others if new farm reforms get implemented. I want to ask you, did the dairy owner take your cattle because you are selling milk to him?" the prime minister said.
 
"Opposition parties, when they were in power, were in favour of these farm sector reforms, but did not take any decision back then. Now when the country has decided to embrace these reforms, these people are spreading falsehood and misleading farmers. I want to reiterate that my government is ready 24 hours to resolve all your doubts," Modi said.

Image
4:12 PM

Agriculture reform taking place now exactly what farmers' organisations and opposition parties were seeking: PM Modi

4:12 PM

Govt committed to farmers' welfare; will keep assuring farmers and address their concerns: PM Modi

4:04 PM

A conspiracy is going on around Delhi to confuse farmers, says PM Modi in Kutch

3:44 PM

Govt always committed to farmer welfare and will keep addressing their concerns: PM Modi in Kutch

3:33 PM

India showing a path to the entire world in fight against climate change: PM Modi in Kutch

3:26 PM

LIVE: PM Modi lays foundation stone for development projects in Gujarat's Kutch

3:26 PM

Kutch one of the fastest developing areas. Connectivity improving here day by day: PM Modi

3:22 PM

Over the last twenty years, Gujarat introduced many farmer-friendly schemes: PM Modi

3:22 PM

Gujarat was among the earliest to work on strengthening solar energy capacities: PM Modi

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 15 2020 | 6:57 AM IST