Reliance is not among the parties that submitted an Expression of Interest (EoI) to the lenders for acquiring Jet Airways. One source, who did not wish to be identified, said it may join UAE-headquartered Etihad Airways in its bid at a later date
During the same period, information available in the public domain shows, searches were conducted at premises linked to one BJP functionary in Uttarakhand — the party later distanced itself from the individual.
The searches were carried out after information was received of suspicious cash holdings, and are linked to suspected movement of unaccounted money ahead of the elections and alleged tax evasion, officials claimed.
While the Centre’s GST revenue is estimated to be less by around Rs 70,000 crore from the revised estimate for 2018-19, on the direct tax front, the collections are learnt to have slipped by around Rs 30,000-35,000 crore.
According to the Central Statistics Office, there were 24.95 crore households in India in 2011. If every household in the bottom 20 per cent is eligible for this income, this translates into a total expenditure of about Rs 3.6 lakh crore annually.
Earlier, the composition of the search committee, according to the MoSPI Resolution dated June 1, 2005, was: Deputy Chairman, Planning Commission as Chairperson along with an RBI Deputy Governor and “two eminent persons.
The Goods and Services Tax (GST) Council Sunday lowered the tax rate for under-construction housing to five per cent (without input tax credit) from the present effective rate of 12 per cent (after one-third abatement of land).
With the recent defeat of the BJP in three states, the composition of the Council has changed and the central ruling party will require support in case all Opposition-ruled states decide to vote against the proposal.