News for 'Automatic Exchange of Information'

CoinDCX Co-founders Released on Bail in Alleged Cheating Case

CoinDCX Co-founders Released on Bail in Alleged Cheating Case

Rediff.com24 Mar 2026

A court in Thane district granted bail to CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal in an alleged Rs 71.60 lakh cheating case, citing a lack of prima facie evidence against them. The case involves allegations of impersonation and misuse of the CoinDCX brand by fraudsters.

Indian Scientists Pioneer DME Technology to Replace LPG Amid Supply Concerns

Indian Scientists Pioneer DME Technology to Replace LPG Amid Supply Concerns

Rediff.com13 Mar 2026

Researchers at CSIR-NCL have developed a technology for producing dimethyl ether (DME) as an alternative to liquefied petroleum gas (LPG), potentially reducing India's reliance on imports and enhancing energy security.

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

Rediff.com2 Mar 2026

The Reserve Bank of India (RBI) announced that it processed 99.8% of applications within the prescribed timeline under its Citizen's Charter in February, demonstrating high efficiency in its operations.

CBI Arrests Key Accused in Massive Gain Bitcoin Scam

CBI Arrests Key Accused in Massive Gain Bitcoin Scam

Rediff.com11 Mar 2026

The Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co-founder of Darwin Labs, in connection with the 200 million Gain Bitcoin cryptocurrency scam. Varshney was apprehended while attempting to flee the country.

Opposition Challenges Assam Police Over Zubeen Garg Death Probe

Opposition Challenges Assam Police Over Zubeen Garg Death Probe

Rediff.com25 Mar 2026

Opposition parties in Assam are questioning the state police's handling of the Zubeen Garg death case after a Singapore coroner ruled out foul play, contradicting the Assam police's murder charges against several accused. The conflicting findings have sparked controversy and calls for further investigation.

Gurugram Police Nab Wanted Criminal After Encounter

Gurugram Police Nab Wanted Criminal After Encounter

Rediff.com27 Feb 2026

Gurugram Police arrested a wanted criminal, Ankit Kumar, after a brief encounter near Pachgaon chowk. The accused, who had escaped from a jail in Uttar Pradesh, was injured in the exchange of fire and is currently hospitalized.

Pakistan Intensifies Diplomacy to Resolve West Asia Conflict

Pakistan Intensifies Diplomacy to Resolve West Asia Conflict

Rediff.com25 Mar 2026

Pakistan's Prime Minister Shehbaz Sharif has engaged in extensive diplomatic efforts to de-escalate the conflict in West Asia, offering to host talks between the US and Iran and engaging with leaders from Saudi Arabia, Qatar, Malaysia, the UK, China, and the European Union.

Will Trump Attend Islamabad Peace Talks?

Will Trump Attend Islamabad Peace Talks?

Rediff.com15 Apr 2026

The intriguing bit is that Trump is likely to attend the talks in Islamabad this weekend -- if he does, it will be the clearest signal yet that the US is ready to exit the war with some sort of win to show, since he cannot afford to go for the talks and return empty-handed, notes Prem Panicker in his must read blog on the Iran War

Mumbai Legislature Complex Searched After Bomb Threat Email

Mumbai Legislature Complex Searched After Bomb Threat Email

Rediff.com12 Mar 2026

An email threatening missile and bomb attacks on the Maharashtra Vidhan Bhavan and other key locations in Mumbai prompted a security alert and extensive searches.

Delhi HC Examines Lalu Prasad Yadav's Plea in Land-for-Jobs Case

Delhi HC Examines Lalu Prasad Yadav's Plea in Land-for-Jobs Case

Rediff.com11 Mar 2026

The Delhi High Court is reviewing Lalu Prasad Yadav's petition challenging corruption charges in the land-for-jobs scam, where railway jobs were allegedly exchanged for land during his tenure as railway minister.

Haryana Arrests Employee in Rs 590 Crore IDFC Bank Fraud

Haryana Arrests Employee in Rs 590 Crore IDFC Bank Fraud

Rediff.com28 Feb 2026

A Haryana government employee has been arrested in connection with the Rs 590 crore IDFC First Bank fraud case, which involved state government accounts and led to the recovery of nearly Rs 556 crore within 24 hours.

Mumbai student arrested for sharing terrorist propaganda

Mumbai student arrested for sharing terrorist propaganda

Rediff.com6 Mar 2026

A Mumbai engineering student has been arrested by the Maharashtra ATS for allegedly sharing terrorist propaganda online related to banned organisations like Jaish-e-Mohammed and Islamic State, raising concerns about online radicalisation.

Seven Held in Delhi After Holi Clash Turns Fatal

Seven Held in Delhi After Holi Clash Turns Fatal

Rediff.com7 Mar 2026

Police in Delhi have apprehended seven individuals, including a minor, following the death of a 26-year-old man during a clash between two families in Uttam Nagar during Holi celebrations. The incident sparked tensions and protests in the area.

Engineering Student Held for Sharing Terror Propaganda

Engineering Student Held for Sharing Terror Propaganda

Rediff.com5 Mar 2026

The Maharashtra ATS has arrested an engineering student from Mumbai for allegedly sharing online propaganda material linked to banned terrorist organisations. Two other individuals are also under investigation.

Seven Arrested in Delhi After Holi Clash Turns Fatal

Seven Arrested in Delhi After Holi Clash Turns Fatal

Rediff.com7 Mar 2026

Seven people have been apprehended in connection with the death of a 26-year-old man following a clash between two families in Delhi's Uttam Nagar during Holi celebrations.

Seven Held in Delhi After Holi Clash Turns Fatal

Seven Held in Delhi After Holi Clash Turns Fatal

Rediff.com7 Mar 2026

Seven people have been apprehended in connection with the death of a 26-year-old man following a clash between two families in Delhi's Uttam Nagar during Holi celebrations.

Punjab Ministers Visit Family of Slain Policeman in Gurdaspur

Punjab Ministers Visit Family of Slain Policeman in Gurdaspur

Rediff.com28 Feb 2026

Punjab ministers Lal Chand Kataruchak and Laljit Singh Bhullar met the family of ASI Gurnam Singh, who was killed in Gurdaspur, to offer condolences and assure support. The ministers condemned the act and vowed strict punishment for the perpetrators, while also addressing concerns about the death of one of the accused and criticizing opposition parties.

Banerjee Questions President's Silence on Tribal Issues, Alleges Political Interference

Banerjee Questions President's Silence on Tribal Issues, Alleges Political Interference

Rediff.com7 Mar 2026

West Bengal Chief Minister Mamata Banerjee has accused President Droupadi Murmu of acting on the advice of the BJP and questioned her silence on issues affecting tribal communities in other states. This comes after Murmu raised concerns about the pace of tribal development in West Bengal.

Sebi Steps Up Surveillance Amid Surge in Retail Investors

Sebi Steps Up Surveillance Amid Surge in Retail Investors

Rediff.com2 Mar 2026

Sebi Chairman Tuhin Kanta Pandey announced intensified surveillance and technology-driven enforcement to combat pre-investment scams targeting retail investors, who are increasingly being lured by fake trading apps and promises of high returns.

Middle East on edge as Iran targets US military bases

Middle East on edge as Iran targets US military bases

Rediff.com28 Feb 2026

Residents across the Gulf region, including the UAE, Bahrain, and Qatar, experienced fear and disruption following attacks, leading to flight suspensions and heightened security measures.

India gets 5th set of Swiss bank account details

India gets 5th set of Swiss bank account details

Rediff.com9 Oct 2023

The details that have been shared include identification, account and financial information, including name, address, country of residence and tax identification number, as well as information concerning the reporting financial institution, account balance and capital income.

Pakistan Declares 'Open War' After Airstrikes on Afghan Taliban

Pakistan Declares 'Open War' After Airstrikes on Afghan Taliban

Rediff.com27 Feb 2026

Pakistan declared an 'open war' with Afghanistan following airstrikes targeting Taliban fighters in response to alleged cross-border attacks. The situation has drawn international concern, with calls for de-escalation and diplomatic resolution.

Planning To Invest In NPS Vatsalya?

Planning To Invest In NPS Vatsalya?

Rediff.com5 Feb 2026

NPS Vatsalya offers a disciplined investment avenue that parents can use to create intergenerational wealth by contributing even small sums.

Sebi Eases IPO Lock-In Rules

Sebi Eases IPO Lock-In Rules

Rediff.com14 Nov 2025

Sebi has proposed allowing depositories to mark such pledged shares as 'non-transferable' for the duration of the lock-in period, based on instructions from the issuer.

Govt Plans Car-To-Car Alerts To Prevent Crashes

Govt Plans Car-To-Car Alerts To Prevent Crashes

Rediff.com9 Jan 2026

'We hope we will be able to at least end crashes that involve collisions with stationary vehicles as there will be an automatic warning.'

CBDT Uncovers Rs 290 Bn Foreign Assets

CBDT Uncovers Rs 290 Bn Foreign Assets

Rediff.com7 Mar 2025

In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India.

'You End Up Firefighting': Finance Minister

'You End Up Firefighting': Finance Minister

Rediff.com26 Feb 2026

'Uncertainty level A in the morning, uncertainty level B in the afternoon. If I answer about tariff rates now, I'll be outdated by the evening.'

Mauritius to provide automatic tax info exchange for India

Mauritius to provide automatic tax info exchange for India

Rediff.com27 May 2014

The people of Indian descent account for a vast majority (about 70 per cent) of Mauritius population.

Are You Insured Against Terrorism?

Are You Insured Against Terrorism?

Rediff.com1 Dec 2025

'Reviewing terms such as war, invasion, acts of foreign enemies or hostilities, which often appear in industry exclusion lists, can help avoid surprises at the time of claim.'

Black money: Switzerland agrees to share information with India

Black money: Switzerland agrees to share information with India

Rediff.com16 Jun 2017

The issue of black money has been a matter of great debate in India and Switzerland has been long perceived as one of the safest havens for the illicit wealth

Undeclared foreign assets? Taxmen are here to help you

Undeclared foreign assets? Taxmen are here to help you

Rediff.com16 Nov 2024

The income tax department on Saturday said it has launched a campaign to send messages to taxpayers who have not disclosed high-value foreign income or assets in their ITRs for AY 2024-25. The Central Board of Direct Taxes (CBDT) has launched a Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25 to assist taxpayers in accurately completing Schedule Foreign Assets (Schedule FA) and reporting income from foreign sources (Schedule FSI) in their income tax returns (ITR).

What To Do If Your Visa Is Delayed...

What To Do If Your Visa Is Delayed...

Rediff.com24 Oct 2025

Divya Nair/Rediff spoke to international career counsellors to understand what you can do if your visa is delayed or denied when you have received a scholarship.

Jane Street Now Under CBDT Scanner

Jane Street Now Under CBDT Scanner

Rediff.com24 Sep 2025

The CBDT is investigating Jane Street for possibly misusing the India-Singapore tax treaty.

Startups face I-T department heat over funding through Singapore

Startups face I-T department heat over funding through Singapore

Rediff.com24 Apr 2025

The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.

Retail Algo: Trust Data, Not Hype

Retail Algo: Trust Data, Not Hype

Rediff.com6 Aug 2025

'Begin with a small investment, observe performance, then scale up gradually.'

Switzerland ready to discuss tax info-exchange with India

Switzerland ready to discuss tax info-exchange with India

Rediff.com14 Jan 2014

There have been concerns in India about limited flow of tax information from Switzerland about Indian citizens, who have allegedly stashed away unaccounted money in Swiss banks.

'We Aren't Security Conscious As A Nation'

'We Aren't Security Conscious As A Nation'

Rediff.com6 Nov 2025

'Government officials use Gmail and ordinary phones without basic security consciousness.' 'Interoperability, especially in joint exercises with countries like the US, worries me.' 'It often means we open our systems to them, but they don't reciprocate.' 'They could have kill switches in their systems and might even be able to affect ours.'

Four Maoists killed in encounter in Gadchiroli

Four Maoists killed in encounter in Gadchiroli

Rediff.com23 May 2025

Four Maoists were killed in an encounter with police and CRPF commandos along the Maharashtra-Chhattisgarh border in Gadchiroli district. The encounter took place on Friday following a joint operation launched based on intelligence inputs about the presence of Maoist formations near a recently opened FOB (Forward Operating Base) in Kawande area. The exchange of fire lasted for nearly two hours, and security forces recovered bodies of the four Maoists, along with weapons, ammunition, and Naxal literature.

ITR: 'Deadline For Updating Form 26AS, AIS?'

ITR: 'Deadline For Updating Form 26AS, AIS?'

Rediff.com4 Sep 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

US To Indian Students: You Can Lose Your Visa If...

US To Indian Students: You Can Lose Your Visa If...

Rediff.com27 May 2025

'Violating the terms of your student visa can result in revocation, deportation and even long-term ineligibility for future US visas,' says the US embassy in India.