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SC asks poll panel for data of funds received by political parties till Sep 30

The Supreme Court on Thursday directed the Election Commission of India (ECI) to produce before it in sealed cover the "up to date" data of funds received by political parties through electoral......

Electoral bonds: 20th phase of sale to begin from April 1

The government on Wednesday approved issuance of the 20th tranche of electoral bonds that will open for sale from April 1 to 10. Electoral bonds have been pitched as an alternative to cash......

FM seeks additional Rs 2.35 lakh crore to meet expenses

Union Finance Minister Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2.35 lakh crore, which include cash outgo of Rs 1.66 lakh crore, primarily to meet......

Electoral bonds: SC asks parties for funding details

Lifting the veil of anonymity from the government's political funding scheme, the Supreme Court on Friday directed parties to furnish by May 30 all the details of funds received through electoral......

ED grills Aishwarya Rai for 6 hrs in 'Panama Papers' leak case

Bollywood actor Aishwarya Rai Bachchan was questioned for about six hours on Monday by the Enforcement Directorate (ED) at its office in central Delhi in a case linked to the 2016 'Panama Papers'......

Chinese steel inflows via Nepal raise alarm

The matter has now been escalated and the ministry has written to Customs, Bureau of Indian Standards (BIS) and the Directorate of Revenue Intelligence (DRI) to investigate it thoroughly. Kindly......

RBI Eases KYC Deadline For Low-Risk Customers

'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.' Kindly note this image has been posted only for......

What fintechs must do to scale up presence of e

Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the......

Credit card payments on foreign tours to attract TCS

Credit card payments for foreign travel will be brought under the purview of the Liberalised Remittance Scheme (LRS) of the Reserve Bank, to ensure that such expenses do not escape TCS (Tax......

Banks get 8 months to effect TCS on international credit card spend

The central government has given banks and credit card entities six to eight months to put in place the requisite reporting mechanism and related features to collect tax at source on international......

Buzz: Karunaratne reveals SL's new-look Test jersey

IMAGE: This photo tweeted by Sri Lanka Cricket sees captain Dimuth Karunaratne unveiling the new jersey. Photograph: Sri Lanka Cricket/Twitter Ahead of the first Test against South Africa, Sri......

Europe's top Olympic official arrested in ticketing probe at Rio Games

Brazilian police arrested Europe's top Olympic official in an early morning raid of his beachfront hotel in Rio de Janeiro on Wednesday, in connection with an investigation into ticket touting at......