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K V Chowdary appointed CVC; Vijai Sharma is new CIC

Former Central Board of Direct Taxes chief K V Chowdary and Information Commissioner Vijai Sharma were on Monday appointed Central Vigilance Commissioner and Chief Information Commissioner, posts......

Punjab minister's cook brews controversy, acquires Rs 26 crore mining deal

Punjab minister Rana Gurjit Singh has been accused by opposition parties of acquiring sand and gravel mines through benaami transactions in the name of his company’s cook and staff, a......

CBI raids Chidambaram, son over 'favours' to Peter, Indrani's INX Media

The Central Bureau of Investigation on Tuesday searched the homes and offices of Karti Chidambaram, son of former Finance Minister P Chidambaram, across four cities for allegedly receiving money......

Kapil Mishra breaks fast, discharged from hospital

Sacked Delhi minister Kapil Mishra on Monday broke his fast and was discharged from the hospital where he was admitted after he had fainted at a press conference on Sunday. Soon after being......

Trouble for Gandhis as Delhi HC orders I-T probe in National Herald case

The Congress on Friday suffered a jolt in the National Herald case as the Delhi high court refused to stay the income tax proceedings against Young Indian Pvt Ltd, whose major stakeholders are......

CBDT offers relief for black money declarants

The Central Board for Direct Taxes on Friday said a black money declarant under the PMGKY scheme will be allowed to file declarations under the stipulated Form 1 by April 10, if tax and penalty is......

Treat honest taxpayers with dignity, taxmen told

The Central Board of Direct Taxes has urged the Income-Tax department to ensure enhanced accountability and probity in public dealings and see to it that honest and tax compliant people are treated......

Budget to make sweeping recast of direct taxes: Report

Following the demonetisation move, the recast in direct tax moves is expected to give a boost the economy. The government is likely to make sweeping recast of direct taxes in the ensuing Budget to......

New CBDT chief unveils 7 priorities for taxman

The Central Board of Direct Taxes has asked the taxman to take steps for widening the existing tax base, prevent avoidable disputes and ensure that the honest taxpayer is "facilitated" while......

Maharashtra, Delhi pay 53% of India's income-tax

The government earned Rs 7.42 lakh crore as direct taxes in 2015-16, a 66 per cent increase from Rs 4.45 lakh crore in 2010-11 On 29 April 2016, Prime Minister Narendra Modi announced - for the......

Baahubali 2 beats Dangal, highest earning Hindi film

Its worldwide gross is already a staggering Rs 1,250 crores, reports Urvi Malvania. The biggest money-maker among Hindi films in the country is not a Bollywood movie any more, but a Telugu film's......

Is Kapil Sharma having trouble handling success?

Such is Sharma's clout that very few are willing to take sides in this controversy.'It's like talking about Salman Khan.''No one wants to ruffle feathers.'Avantika Bhuyan on why India's biggest......

Sports Shorts: Cavani named best Ligue 1 player

A summary of sports events and sports persons, who made news on Tuesday IMAGE: Paris St Germain's Edinson Cavani. Photograph: Gonzalo Fuentes Livepic/Reuters Paris St Germain striker Edinson......
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IT dept initiates inquiry

The Income Tax Department has started a probe into the mining contracts allegedly bagged by four former employees of Punjab minister Rana Gurjit... ...

http://www.deccanherald.com/content/614285/mining-contract-row-dept-initiates.html
UPDATE 1-India markets regulator proposes tighter rules for offshore derivatives

* SEBI proposes tighter rules for offshore derivativeproducts * May prohibit sales of such products for hedging purposes * Proposes to set fees on... ...

http://www.sify.com/finance/update-1-india-markets-regulator-proposes-tighter-rules-for-offshore-derivatives-news-economy-rf3sEjihcghhf.html
Foreign policy, economic initiatives & farmer welfare

When Narendra Damodardas Modi became the prime minister of India in 2014, he was also expected to play the role of a magician. The economy was... ...

http://www.catchnews.com/politics-news/3-years-3-cheers-for-modi-foreign-policy-economic-initiatives-farmer-welfare-63045.html
Sensex Closes Marginally Higher; Reliance Communications Falls Over 20%

Posted by Equitymaster Share markets in India continued to trade above the dotted line in the afternoon session. At the closing bell, the BSE... ...

http://www.equitymaster.com/tm/tm.asp?date=5/29/2017&title=Sensex-Closes-Marginally-Higher-Reliance-Communications-Falls-Over-20
Delhi HC grants bail to Paras Mal Lodha

The Delhi High Court on 29 may granted bail to Kolkata-based businessman Paras Mal Lodha, in connection with a money laundering case. Earlier on 5... ...

http://www.catchnews.com/national-news/money-laundering-delhi-hc-grants-bail-to-paras-mal-lodha-63015.html

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