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The Narendra Modi-led National Democratic Alliance (NDA) government has made much of its claim that state governments stand to make windfall gains, upwards of Rs 2 lakh crore, from auction of coal blocks - more than the loss to the exchequer, as estimated by the Comptroller and Auditor General (CAG), because of random allocation of blocks by the previous government.
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Answer (1 of 3): May 2014, Narendra Modi joined office as PM, He invited all bureaucrats, gave them free hand and asked to deliver, PM clearly said You don't need to fear your ministers, In case of any issue directly contact me, Last year+This year, Over 80bureaucrats were asked to take VRS(Volun...
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New Delhi: Government's proceeds from the spectrum auction on Friday crossed Rs 1 lakh crore mark as aggressive bidding took place across all bands on the eighth day of the biggest sale of 2G and 3G airwaves. The amount is expected to rise further as there is spectrum which is yet to be sold. The auction will continue on Friday. So far, over 86 percent of the spectrum has been provisionally ...
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I have one question in 08.10.2020 i have received an amount of Rs 3 cr fro customer and i have issued debit for TCS on Rs 2.5 Cr ( 3-0.50). and on 14.10.2020 again i have received an amount of Rs 1 cr so i have to issue debit note for TCS on Rs 1 cr or Rs 50 lakh (1-0.50) Please suggest
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Apr 5, 2021Coal India Ltd (CIL) arm NCL has said it supplied 87 per cent of its total coal to electricity producers in the last fiscal year, thereby fulfilling the power aspiration of the country in these ...
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F ive days and 11 blocks into the first-of-its-kind coal e-auction and the government has already received Rs 60,000 crore (Rs 600 billion).
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Any dealer selling goods on online platforms are liable for a 1% rate of TCS Tax under GST. This means the dealer would get the payment from online sources after deducting 1% TCS tax amount under GST. This is stated at 0.5% in CGST & 0.5% in SGCT in IGST Act. 10th of every next month in the due date of filing TCS Tax rate in GST.
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Screeners of Nifty 500 for top gainers and losers and high volume stocks, stocks hitting or near their new 52 week highs and new 52 week lows and stocks which have fallen or gained the most from their 52 week highs and lows.
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The share of imports in non-coking coal consumption was expected to fall to 13.4 per cent in financial year 2022-23 from 19.6 per cent in 2017-18. Coking coal imports are expected to increase to 58 MT over the period. A report by CRISIL projected imports to cross 75 MT by fiscal 2023, driven by demand from imported coal-based plants as their plant-load factors improve following growth in power ...
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Likely proceeds from auctions cross Rs 2 lakh crore
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Out of the revenue of Rs 1 lakh crore generated in the first tranche of auction of 19 coal blocks, the exchequer of coal-rich states would get Rs 88,662 crore spanning over the next 30 years. In the second tranche, with 13 out of the 15 blocks having been put on the block, the cumulative proceeds have already touched Rs 2 lakh crore.
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The total proceeds from the spectrum auction is expected to cross Rs one lakh crore mark, while the minimum amount earlier targeted by the government was Rs 82,000 crore.
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T he government's proceeds from the spectrum auction on Thursday crossed Rs 1 lakh crore mark as aggressive bidding took place across all bands on the eighth day of the biggest sale of 2G and 3G ...
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U.S. Immigration and Customs Enforcement's (ICE) mission is to protect America from the cross-border crime and illegal immigration that threaten national security and public safety. This mission is executed through the enforcement of more than 400 federal statutes and focuses on smart immigration enforcement, preventin
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Notes: 1. Deduction is limited to whole of the amount paid or deposited subject to a maximum of Rs. 1,50,000 12.This maximum limit of Rs. 1,50,000 12 is the aggregate of the deduction that may be claimed under sections 80C, 80CCC and 80CCD.. 2.
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India's coal producing states stand to gain as much as Rs. 55,000 crore from Round Two of e-auctions of 12 blocks that have been offered so far after the Supreme Court had declared the original ...
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5G Auction Day 5: Proceeds near Rs 1.5 trillion 8 McDonald's franchise Westlife plans 40 new stores this fiscal, 200 more in 3-4 yrs; to invest upto Rs 1000 cr
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The proceeds from the art auction will go to Inc. of Omaha. ... 5G Spectrum Auction concluded successfully with a total bid amount of Rs 1,50,173 Cr, says Ashwin Vaishnaw. 01 Aug, 2022, 07.01 PM IST ... According to the coal ministry statement, a total of 28 offline bids were received against 15 coal mines under fifth tranche of ...
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Answer (1 of 4): PM Modi ji didn't brought his family members into politics. BJP is entirely merit based. Rajagopalan K Suryanarayan's answer to How can you tell that Narendra Modi isn't a corrupt person? Sanjay Gandhi and Maneka Gandhi couldn't hold Ministerial post at the same time because no ...
Get priceJul 25, 2022The online bids received as part of the auction process will be opened on Tuesday from 10 AM onwards in the presence of interested prospective bidders, coal ministry said in a statement. According to the coal ministry statement, a total of 28 offline bids were received against 15 coal mines under fifth tranche of commercial mines' auction.
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Coal India earns 39 per cent premium on 6.38 mt auctioned coal. That is because the average price realised at the auction was Rs 1,955.8 per tonne, while the average notified price of the coal on offer was Rs 1,407.6 per tonne. ET Bureau.
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total holding in the market in two equal lots and realized 90% of the face value of the first lot on 30th September and 85% for the second lot on 31st October. The sale proceeds were used first to discharge the principal value. However, interest was paid at the time of final settlement. Shares transfer fees of ` 1,000 was met
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in total this year. Earlier this week, the government agreed to sell its residual stake in Hindustan Zinc through the auction route. This might give Rs 18,000-20,000 crore (Rs 180-200 billion).
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Get the latest in-depth ratings, reviews, and buying advice on money products, shopping, and personal finance from Consumer Reports. Banking & Credit Insurance Personal Finance Travel.
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Auction for Ganeshpur block, which is for power sector, began at 11 am with Rs 100 bid. For Mandla South, the auction began at Rs 1,850 per tonne while for Gare Palma IV/8, it started at Rs 1,675 per tonne. The blocks sold in the second tranche include Dumri, Tara, Nerad Malegaon, Mandakini, Meral, Jitpur, Moitra, Brinda and Sasai.
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Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted.
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If you spend $7,000 on a car and an additional $1,000 on improvements but you sell the car for $7,000, it's considered a capital loss, and you don't need to pay tax on the sale. But if the original sales price plus the improvements add up to $8,000 and you sell the car for $10,000, you'll have to pay capital gains tax on your $2,000 profit.
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