Tag Archives: Government

Government to Shortly Issue 3rd Tranche of Gold Bond Scheme: Shaktikanta Das

New Delhi: Having raised nearly Rs 1,050 crore in the first two tranches, the government will “shortly” issue the third tranche of sovereign gold bond for the fiscal, Economic Affairs Secretary Shaktikanta Das said on Thursday. “It will come very shortly. I can’t say the exact time as then there will be speculations on gold prices,” Das told PTI. The ... Read More »

Government has Taken ‘One Step Forward’ on Retro Tax Issue: Jaitley

New Delhi: The government has taken “one step forward” to resolve the retrospective tax cases by putting in place a statutory mechanism for ending such disputes, Finance Minister Arun Jaitley said on Wednesday In Budget 2016, he has made a one-time offer to firms facing tax liability on the retrospective tax front by way of waiver of interest and penalty ... Read More »

Take Advantage of Tax Dispute Resolution Mechanism: Government

New Delhi: Taxpayers should take advantage of the dispute resolution mechanism and realise part of the Rs. 5.5 lakh crore locked up in appeals, Revenue Secretary Hasmukh Adhia said on Wednesday. “We have 3 lakh appeals pending and the amount involved is Rs. 5.5 lakh crore wherein people’s fate are hanging. In order to remove all these disputes, we have ... Read More »

Ficci Bats for Government Panel Recommendations on Manufacturing

New Delhi: Ficci today said the Ajay Shankar Committee’s recommendations for creating an investor friendly pre-existing regulatory framework replacing multiple prior permissions, if implemented, can bring down the transaction cost and time for Indian manufacturers significantly. The government-constituted expert panel had suggested introduction of credible third-party certification in most areas of regulation and adopting global best practices for emission norms, ... Read More »

Apple Urges US Government to Form Commission on Encryption

Apple Inc, fighting a demand by the US government that it unlock an iPhone used by one of the San Bernardino shooters, has called for the creation of a government commission or panel of experts to discuss the implications of the demand on issues such as national security and personal freedoms. “Apple would gladly participate in such an effort,” the ... Read More »

Apple Defends Resistance to iPhone Assistance to Government

Apple Inc. CEO Tim Cook said in an early Monday morning email to employees that the US government should withdraw its demand that Apple help the FBI hack a locked iPhone used by a shooter in the San Bernardino attack. The message, subject-lined “Thank you for your support,” is accompanied by an online question and answer page that reiterates many ... Read More »

Apple Gains Silicon Valley’s Backing in Government Fight

Tim Cook has picked a fight with the US government and Silicon Valley is joining his side. From Google to Facebook, the industry’s biggest names rallied around Apple’s chief executive officer after he vowed to resist a court order demanding it help unlock the iPhone of a shooter in a terrorist attack. Cook described the request as an “unprecedented step ... Read More »

What Apple and the US Government Are Fighting Over

Apple Inc is resisting a federal court order that it help the US government break into the iPhone 5c (Review) of Rizwan Farook, who along with his wife killed 14 people in a December shooting in San Bernardino, California, which the government has described as a terror attack. The following is an explanation of the technology and data privacy issues ... Read More »

Freedom 251 Officially Launched; No Government Involvement, Confirms Company

At an event presided by BJP MP Dr. Murli Manohar Joshi in New Delhi on Wednesday evening, India’s Rs. 251 smartphone the Ringing Bell Freedom 251 was officially launched. The themes of Digital India, Skill India, and Make in India were given a lot of importance at the launch event, as the potential use cases of the phone to empower ... Read More »

Government Planning Hike in FDI for PSU Banks: Report

New Delhi: The government is planning to increase the foreign investment limit in public sector banks to 49 per cent from 20 per cent with a view to attract overseas inflows. The Finance Ministry is looking into the proposal, sources said adding it may be announced in the forthcoming Budget 2016-17. If the government accepts this proposal, it would lead ... Read More »