Ministry Of Finance And Directorate General Of Income Tax

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'BJP Has 6,000 Crores To Spend On Elections'

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.' IMAGE: Bharatiya......

I-T dept sets up control room in Delhi to check black money in polls

In order to check the use of black money in the upcoming general elections, the income tax department on Wednesday said it has set up a control room in the national capital and a dedicated......

Govt cancels FCRA licences of 2 NGOs headed by Sonia Gandhi

The Centre has cancelled the Foreign Contribution Regulation Act licences of the Rajiv Gandhi Foundation and the Rajiv Gandhi Charitable Trust -- two NGOs headed by Congress leader Sonia Gandhi --......

Is ED Bad Only When It Targets Gandhis?

If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht. IMAGE: Congress MP Rahul......

What Every Indian Must Know About PM-CARES

Since its launch on March 28, 2020, the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund, or PM-CARES, has been embroiled in several controversies. Rediff.com's Syed......

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion. Peerzada Abrar reports. Photograph: Dado Ruvic/Reuters BlackRock has again reduced......

COVID-hit economy to contract 7.7% in 2020-21

India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections......

Centre, states look to tighten GST registration process

The Centre and states are looking to further tighten the GST registration process and legal measures to deal with the rising cases of fake invoicing. Illustration: Dominic Xavier/Rediff.com A......

'They are using the pandemic to push their reforms'

'The Modi government is about privatising profits and nationalising losses.' IMAGE: Finance Minister Nirmala Sitharaman at one of her press conferences last week. Photograph: ANI Photo No sooner......

CBDT chargesheets 3 senior IRS officers over tax hike report

These officers also have been divested of their current duties on charges of violating Rules 9 and 3(1)(xx) of the Central Civil Service Conduct Rules. The CBDT on Monday issued charge sheets......

ED's notice to BCCI regarding IPL II fund transfer

The Enforcement Directorate has issued notice to the BCCI to explain transfer and routing of funds to the tune of Rs 1,600 crore in the conduct of the second season of Indian Premier League cricket......

22 more CWG works under CVC scanner

Widening its probe, the Central Vigilance Commission (CVC) is looking into at least 22 more Commonwealth Games-related construction and procurement works carried out by different government......

I-T dept collects CWG works related documents

The Income Tax department has collected documents pertaining to tenders and award of contracts for its "two pronged" probe into the finances of the Commonwealth Games even as a high-level committee......

IT gets expenses report of IPL-2 from SA

The Income Tax department probing alleged irregularities in the funding and bidding of Indian Premier Leaguefranchisees has received reports relating to expenses incurred by franchisees in South......

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