Granted 6-month relief, subject to interim payments and guarantee, on Rs 3,700-cr demand for alleged transfer pricing in FY09.
A defiant United States President Donald Trump on Friday denounced as "disgraceful" an appellate court's decision blocking his controversial ban on refugees and nationals from seven Muslim-majority countries.
If advance tax revenue fails to meet the expected growth, these PSUs could be asked to pay taxes on past demands raised against them.
The circular bearing the names of the students carried a noting by the JNU registrar Pramod Kumar.
'Tinkering will not do. Merely staggering spectrum dues comes nowhere near solving the problem,' cautions Rahul Khullar.
The court said that till his plea seeking remission and premature release is decided by the competent authority, he will remain out of jail.
Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.
With an unexpected new turn in Kashmir, an ominous Afghanistan, a reliably unpredictable Trump, and an unfathomable reversal with RCEP, Modi may have to reinvent his character, suggests Ambassador B S Prakash.
The code will apply to companies, partnerships, limited liability partnerships, individuals and any other body specified by the government
According to property consultancy firm Knight Frank, only 19 states and UTs have a functional portal in place, that too with a lot of information dissymmetry across data points
The NCLAT's order is offensive because it goes against every tenet of bankruptcy reorganisation. If Justice Sudhansu Mukhopadhyay's tenets are accepted by the Supreme Court, we will not only regress in modern bankruptcy reorganisation but also slide back in the Doing Business rankings, says Omkar Goswami.
To shed more light on how GST will affect the individual as well as the nation, Rediff Chat has lined up experts to field your queries.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
In a relief to actor Shah Rukh Khan, the Income Tax Appellate Tribunal has overturned an order of the tax authorities to add Rs 2.28 crore he had lent his wife as interest free loan to buy flat and jewellery to his net wealth.
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
To decide whether capital gains on surrender of call options are taxable
While critics and protestors have multifarious arguments to offer, the defence of CAA has been uni-dimensional and uni-focussed as has been the case with most policies of the Modi government and the political positions of his party. But to be drawn into an issue that has assumed more than local and national dimensions, Rajini has knowingly or otherwise, taken the plunge and in favour of the BJP -- or, so it has come to be seen, says N Sathiya Moorthy.
Now with the Prime Minister insisting on quick resolution of all pending grievances, it is highly likely that all backlogs of complaints will be resolved very soon.
Mark Scialla had interviewed several people on December 28 and 29 on alleged health issues faced by them due to the now closed Sterlite copper plant. Rambha said the visa clearly stated that the American national should not embark on any work except tourist activities.
The release of the movie was cleared by the Film Certification Appellate Tribunal.
Since the inception of the code, the threat of insolvency has brought many debtors in line
The Nobel Prize for Malala may have caused deep divisions across the globe and disturbed the peace, while the award to OPCW, though not without critics, may have served the cause of peace by eliminating a weapon of mass destruction from the face of the earth, says Ambassador T P Sreenivasan.
TRAI today made it mandatory for telecom operators to compensate consumers by one rupee for call drops with effect from January 1, 2016.
The Central Information Commission has directed the Central Board of Secondary Examination to allow inspection of class 10th and 12th school records of Union Minister Smriti Irani, rejecting CBSE's contention that it constituted "personal information".
'Will the BJP now replace a Muslim name for a street or a railway junction with Naipaul's name?' 'It is the least the party can do for its sole Nobel Prize-winning admirer,' says Amulya Ganguli.
The real estate Bill will stamp out illegal practices prevalent in the industry.
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Stating that there are strong inter-linkages between banks, NBFCs and other deposit-taking entities, he said for monetary policy to be effective and financial markets to remain stable, they should be regulated by the central bank.
When a crime is committed, everyone seems to have a view on who has done wrong, and regardless of judicial outcome through due process of law, theories of how justice was done or not done mushroom
Finance Minister Arun Jaitley on Friday said as many as 37,506 tax dispute cases were pending before various Income Tax Appellate Tribunals having a financial implication of Rs 1.45 lakh crore at end March 2015.
The Board of Control for Cricket in India, is locked in a legal battle with the Service Tax (ST) department, which has demanded an amount of Rs 536 crore (approx) as taxes on cricket board's earnings from royalty and media rights in the last one decade.
Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.
The final hearing in the case at the London magistrate's court to extradite Mallya to India is scheduled later this month.
The ED has attached assets to the tune of Rs 9,003 crore and filed 173 charge sheets in the financial year 2014-15.
Legal hurdle cited in I-T action against 32,000 entities.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
The bench said that non-acceptance of Hadiya's choice would simply mean creating discomfort to the Constitutional right by a Constitutional court which is meant to be the protector of fundamental rights.
While passing the scrutiny of courts is a tough challenge, with eight proposed amendments to the insolvency law, the government has sought to turn the focus back on at least some of the functions of the bankruptcy law.
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The ministry's move to intervene in the matter comes 20 days before implementation, after broadcasters complained they would suffer huge loss because digitisation was still in the first phase across the country.
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