The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
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Cabinet likely to pave way for the 'super-rich' tax today.
Officials are relying on both formal and informal methods for reaching non-filers.
Finance ministry asks bank, insurance & market regulators to issue notifications
The FT stock took a beating, losing 80 per cent in two sessions before recovering. Though in an exchange announcement following the government's missive on July 12, FT identified NSEL as a material subsidiary, rumour mills contemplated two possible transactions: a sale between May 30 and June 30 which had led to the subsidiary becoming an associate and another transaction between June 30 and July 15 when the associate again became a subsidiary.
National Spot Exchange data shows huge amount of wool going out of its warehouse, but a visit to the storage reveals a different picture.
Officials asked what the point was in going through banks when the government has to give guarantees.
However, worries on inadequate import and issues for the FTA pacts.
Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.
The recently anointed managing director and chief executive officer at Maruti Suzuki India Ltd tells Business Standard how he intends to get back to over 50 per cent share in the domestic market, apart from a larger role in the parent's global operations.
The rise in illegal imports of the yellow metal has caught the eye of the finance ministry.
The Empowered Committee of State Finance Ministers got its new chairman on Monday in Jammu and Kashmir's Abdul Rahim Rather.
Disgruntled executives are already pinning hopes on the new banks, too.
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
Udayan Mukherjee, who stepped down earlier this week, was the first full-fledged market commentator Indian business television knew of.
Penalty can be levied at 100-300 per cent of the tax evaded, while tax is imposed at the highest rate of 30 per cent.
The temples committee has already posted a request to devotees on its website to contribute towards the rebuilding.
This means taxpayers might continue to enjoy exemption on maturity of their investments
A key road connection between Srinagar, the last major town on the banks of the Alaknanda, and Rudraprayag, the junction where the roads to Badrinath and Kedarnath diverge, was broken on Monday night, following heavy downpour and landslides.
Just outside the Sashastra Seema Bal Academy campus, an entire colony, Shakti Vihar, which locals say had 100-150 houses, lies buried under the sand. Srinagar is counting its losses after the raging Alaknanda river destroyed much of what was located on its banks on the night of June 16.
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