Tag Archives: Government

US Government Strikes Back at Silicon Valley Support for Apple

The Justice Department struck back at Silicon Valley’s outpouring of support for Apple Inc., reasserting its claim that forcing the company to help unlock a terrorist’s iPhone is legal. Last week, Amazon, Google, and Microsoft were among the dozens of technology companies that decried what they called an unprecedented expansion of government power that endangers the privacy of hundreds of ... Read More »

US Government Calls Apple Rhetoric ‘False’ in iPhone Case

The US Justice Department on Thursday said Apple Inc’s rhetoric was “false” in a high-profile fight over the government’s bid to unlock an encrypted iPhone belonging to one of the San Bernardino shooters. Last month, the Federal Bureau of Investigation obtained a court order requiring Apple to write new software and take other measures to disable passcode protection and allow ... Read More »

NSE to Auction Investments Worth Rs 4,681-Crore in Government Debt

New Delhi: Leading bourse National Stock Exchange (NSE) will auction investment limits for overseas investors for purchase of government debt securities worth Rs. 4,681 crore on Tuesday. The auction will be conducted on NSE’-ebid platform from 1530 hours to 1730 hrs — after the close of market hours on Tuesday, March 8, the exchange said in a circular. The debt ... Read More »

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 »