Optional reporting of details of one foreign bank account by the non-residents in refund cases

Refund generated on processing of return of income is currently, credited directly to the bank accounts of the tax-payers. Availability of the detail of bank accounts in which the refund is to be credited is a precondition for direct credit of refund in the bank accounts




Punjab was a focus of freedom struggle against the British rule: Vice President

The Vice President of India, Shri M. Hamid Ansari has said that Punjab was a focus of freedom struggle against the British rule.




Dr Jitendra Singh lays foundation stone of Barak Hostel at JNU campus

The Minister of State for Development of North Eastern Region (I/C), Prime Minister’s Office, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr. Jitendra Singh laid the foundation stone of Barak Hostel in Jawaharlal Nehru University (JNU) campus here today.




Auction for Sale (Re-issue) of Government of India Floating Rate Bonds 2024 and other Government Stocks

The Government of India has announced the Sale (re-issue) of (i) “Government of India Floating Rate Bonds 2024” for a notified amount of Rs. 3000 crore (nominal) through price based auction, (ii) “6.79 per cent Government Stock, 2027” for a notified amount of ` 8,000 crore (nominal) through price based auction,




The Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill, 2017 Passed Unanimously by Rajya Sabha

Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill, 2017, introduced during the Winter Session of Parliament came up for discussion in the Rajya Sabha today and was passed unanimously by the house. The Bill aims to establish a legal framework for consolidation of related laws to replace the age old archaic laws with modern Indian legislation and to confer admiralty jurisdiction on all High Courts of the coastal states of the country. The bill was earlier passed by the Lok Sabha in March, 2017.