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I-T dept seizes over Rs 4 cr in new notes in Bengaluru

In the biggest seizure of cash in new currency post demonetisation, the income tax department on Thursday confiscated over Rs 4 crore during searches in a dozen premises in Bengaluru and other......

5 days after Reddy wedding in Bengaluru, income tax surveys on vendors

The Income Tax department on Monday conducted surveys on at least 10 locations of high-end event management firms, catering and multi-media service providers who were engaged for the extravagant......

US charges 61 people in Indian call centre scam

More than 60 individuals and entities, an overwhelming number of them Indians, were on Thursday charged by the Justice Department for allegedly participating in a multi-million dollar scam......

Blaze reported to us 45 minutes later: Odisha fire department head

In a statement that could increase the trouble for the SumHospital authorities further, Director General of Fire Service in Odisha, Binay Kumar Behera said the fire department was informed about......

70 call centre workers in Mumbai held for duping US citizens

The staffers posed as US Internal Revenue Service department officials, making a daily turnover of Rs 1.5 crore, reports Sanjay Jog.   In a swift operation, Thane Crime......

I-T raids unearth massive black money -- and almost Rs 6 cr in new notes!

The biggest-ever seizure of cash in new currency grew to over Rs 5 crore on Friday even as the Income Tax department said it detected unaccounted income worth Rs 152 crore after it conducted......

No questions on source of funds under PMGKY, says govt

The tax department will not ask for the source of funds deposited in banks from November 10 -- post the demonetisation of high value notes -- if the entire income is declared and 50 per cent......

After all this fuss, I-T may only probe 1% of assessees!

With a staff crunch, it seems the I-T department would now target only the big fish rather than go after small assessees.Dilasha Seth and PTI report.Illustration: Uttam Ghosh/Rediff.com Hobbling......

7-yr jail for those depositing black money in other's account: I-T dept

Warning people against depositing their unaccounted old currency in someone else's bank account, the tax department has decided to slap charges under the newly enforced Benami Transactions Act......

Govt tells banks to report deposits above Rs 2.5 lakh

The government has asked banks and post offices to report to the I-T department all deposits above Rs 2.50 lakh in savings accounts, and more than Rs 12.50 lakh in current accounts, made during the......

IOC has 'no interest in clean sport'

‘The only thing they cared about, even the person from the ethics department, is protecting the IOC as an organisation’ IMAGE: Russian whistleblower Yulia Stepanova competes.......

SRK, PM Modi, Vece Paes pay homage to departed hockey legend Shahid

Tributes poured in for India’s former hockey captain Mohammed Shahid who passed into the ages at a Gurgaon hospital following multiple organ failure on Wednesday. Shahid, who died aged 56,......
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Pune's minimum temperature goes up, 12.1 degree Celsius recorded on Friday

While on December 4 and 5, the sky is likely to be partly cloudy, from December 6 onwards, it is expected to be mainly clear, according to the IMD... ...

http://indianexpress.com/article/cities/pune/punes-minimum-temperature-goes-up-12-1-degree-celsius-recorded-on-friday-4407956/
Trump to nominate Gen Mattis for defence secretary

US President-elect Donald Trump today announced that he will nominate retired Marine general James Mattis, renowned for his tough talk and... ...

http://echoofindia.com/washington-trump-nominate-gen-mattis-defence-secretary-119906
US Vice Prez-elect calls Lankan Prez

US Vice President-elect Mike Pence telephoned Sri Lankan President Maithripala Sirisena and discussed strengthening relations between the two... ...

http://echoofindia.com/colombo-us-vice-prez-elect-calls-lankan-prez-119893
Indian national pleads guilty to visa fraud in US

An Indian businessman in the US has pleaded guilty to committing a visa fraud by enrolling foreign nationals at a college and illegally obtaining... ...

http://echoofindia.com/washington-indian-national-pleads-guilty-visa-fraud-us-119902
27 public sector bankers suspended after Bengaluru IT raid

As many as 27 officials of various public banks were suspended and another six transferred to non-sensitive posts over corrupt practices and... ...

http://indiatoday.intoday.in/story/demonetisation-27-public-sector-bankers-suspended-cash-haul-cash-crisis-it-raid/1/825807.html

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