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India puts on hold proposed hike in road toll charges as elections approach

April 2, 2024
Politics

NEW DELHI, April 1 (Reuters) – India on Monday put on hold a proposed hike in road toll charges, in a move that will be welcomed by millions of motorists, truckers and commercial vehicle owners just ahead of a general election. The annual hike in road toll charges would have benefited highway operators like IRB Infrastructure Developers, opens new tab and Ashok Buildcon Ltd (ABDL.NS), opens new tab while putting an extra burden on commuters and businesses who could see freight rates rise as a result. “The revision of user fee (toll) rates with effect from April 1 has been

I-T notices to Congress biased action: Priyanka Gandhi Vadra

April 1, 2024
General

New Delhi, Apr 1 (PTI) Congress leader Priyanka Gandhi Vadra on Monday slammed the BJP government over the Income Tax department’s notices to her party, describing the move as a “biased action” to weaken the voice of 140 crore Indians. She asserted that people will never allow the “anti-democratic plans” of the BJP to succeed. The Income Tax department has sent multiple notices to the Congress, raising a total demand of Rs 3,567 crore. On Sunday, the party said it has received fresh income tax notices, raising a tax demand of Rs 1,745 crore for the assessment years 2014-15 to

Arvind Kejriwal sent to judicial custody till April 15 in excise policy case

April 1, 2024
Politics

New Delhi [India], April 1 (ANI): The Rouse Avenue Court on Monday sent Delhi Chief Minister Arvind Kejriwal to judicial custody till April 15 in an alleged money laundering case linked to the Delhi excise policy case. The Enforcement Directorate, while seeking direction to send Kejriwal to judicial custody, said the arrestee has even given false and contrary evidence vis-a-vis other members of the AAP. When he was confronted with the statements given by his party leaders, he called them confused. Arvind Kejriwal first says that ND Gupta is an active member of the party, is a member of the

No coercive steps to recover Rs 3,500 crore from Congress till elections, Income Tax dept tells Supreme Court

April 1, 2024
Politics

New Delhi [India], April 1 (ANI): The Income Tax Department of the Central Government assured the Supreme Court on Monday that it will not take any coercive steps to recover approximately Rs 3500 crore in income tax dues from the Indian National Congress (INC) party until the upcoming general elections are over. Solicitor General Tushar Mehta, representing the IT department, made the undertaking before the apex court that no coercive step would be taken against the party. Mehta said that the issue in the present appeal was not related to the recent tax notices issued to the Congress party, yet,

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