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Corporate Finance Department

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Local body polls soon? Maha cabinet takes 21 decisions in single day

With elections to local bodies looming, the Maharashtra cabinet took 21 decisions on Tuesday, an unusual number for a single meeting, including the closure of the state's asset reconstruction......

Delhiites lose nearly Rs 1,000 cr to cyber fraud this year

Cyber fraudsters have duped Delhi residents of nearly Rs 1,000 crore so far this year, with investment scams, digital arrests and boss scams emerging as the most common cybercrimes, official data......

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

The Enforcement Directorate and Income Tax department are likely to join the Assam police in investigating alleged organised financial crimes and acquisition of benami properties by event manager......

Maha portfolio allocation: Fadnavis gets Home, Ajit Finance, Shinde...

Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to his council of ministers, retaining the crucial Home department with him. IMAGE: Maharashtra Chief Minister......

Sitharaman cuts short US-Peru visit after J-K terror attack

Following the terror attack in Jammu and Kashmir, Finance Minister Nirmala Sitharaman is cutting short her official visit to the US and Peru and will depart for India at the earliest, according to......

Meet India's Corporate Fraudsters

The average Indian fraudster isn't an outsider exploiting security loopholes.He's usually a man between 26 and 45 years of age, working in operations or procurement, with more than six years at the......

FinMin: No Directions Given to LIC on Investments

LIC's investment decisions are taken independently, following strict due diligence, risk assessment and fiduciary compliance. Photograph: Dado Ruvic/Illustration/File Photo/Reuters   The ministry......

Tax forms for charitable institutions set for overhaul

As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions.......

GST reforms expected to ignite animal spirits in financial sector: DEA secy

Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is......

Selling Land Is Not a Service, Rules Supreme Court

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax. Illustration: Dominic Xavier/Rediff The......

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