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ED raids Mumbai businessman named in Panama Papers, seizes Rs 41 cr of real estate

The Enforcement Directorate on Monday seized three offices in a prime location in Mumbai, valued more than Rs 41 crore, as part of a foreign exchange violation probe against a businessman whose......

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'......

The real enemies of social media

The trolls on Twitter, the rumour mongers on WhatsApp and the serial abusers on Facebook are the enemies of social media, says Sudhir Bisht. I read with great interest the article......

Amitabh reacts to Panama Papers: My name has been misused

Bollywood megastar Amitabh Bachchan, whose name figured in the Panama Paper leaks as allegedly having links with offshore entities in two tax havens, on Tuesday denied any connection with those......

Amitabh, Aishwarya among 500 Indians named in tax leak from Panama law firm

A leak of 11.5 million tax documents has revealed how the rich and powerful use tax havens to hide their wealth. IMAGE: The documents reveal Amitabh and his daughter-in-law Aishwarya Rai's......

'Take A Staggered Approach To Investing In Smallcaps'

'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.' Illustrations: Uttam Ghosh/ Even as valuations in the small and midcap space......

ED attaches assets worth Rs 24.95 cr of Hero MotoCorp's Pawan Munjal

The Enforcement Directorate on Friday alleged that Hero MotoCorp executive chairperson Pawan Kant Munjal used foreign currency issued in the name of others for his personal expenditure abroad to......

Travel agents body calls for abolishing TCS

As the new Tax Collection at Source (TCS) on foreign remittances is set to become applicable from October 1, travel agents' body TAAI has made a last-minute plea to the government, urging them to......

Outward remittances under RBI's LRS rise 50% to $9.1 billion in Q1

Outward remittances under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS) surged by 50.64 per cent to $9.1 billion in the April-June quarter (first quarter, or......

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......

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