Limited IT staff may compel them to focus on big fish than small depositors.
Companies feel higher rates in India would not be justified.
The government on Monday categorically ruled out resignation of Finance Minister Arun Jaitley over allegations of corruption in Delhi cricket body DDCA which he headed till 2013, as Congress member disrupted proceedings of Rajya Sabha.
In an attempt to corner the Centre, the Opposition raised the issue of the Indian Army's involvement in the Sri Sri Ravi Shankar's Art of Living event.
Opposition members trooped into the Well of the House calling the government a "cheat".
Sources said that the Congress was working to move the motion on Wednesday and is in the process of filing a notice in this regard.
SBI approaches Karnataka HC to arrest Mallya, impound passport, disclose full assets
The government on Monday slammed Congress leader Kamal Nath for his remarks that Lok Sabha Speaker Sumitra Mahajan's decision on the issue of grant of Leader of Opposition status could be "flavoured" by BJP, saying it is "unfortunate" as the Speaker is above party lines.
The I-T department will rely on data analytical tools and run models to separate black money holders and genuine taxpayers based on the large data base being shared by banks.
The IMG meeting will be convened shortly.
Parliament on Wednesday saw a washout as the Opposition aggressively pressed for ouster of Sushma Swaraj, Vasundhara Raje and Shivraj Singh Chouhan, rejecting the government's offer for a debate.
Shiv Sena MP Arvind Sawant said, "All airlines have come together banning him (Gaikwad), but it is our fundamental right (to travel by air)."
The session will have 20 working days for now.
P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.
WhatsApp, last month, sued Israeli surveillance firm NSO Group, accusing it of helping those buying its spyware Pegasus break into the phones of roughly 1,400 users across four continents.
With the Congress party baying for his blood, Union Minister Nitin Gadkari on Monday broke his silence on the CAG report on irregularities in loan extended to his family-linked Purti Group.
The government on Monday countered the Congress charges of snooping on Rahul Gandhi saying it was making a "mountain out of what is not even a molehill" as information collection was part of a transparent security profiling used on 526 VIPs, including Sonia Gandhi and former prime ministers.
Protesting Congress members had on Tuesday too blocked a debate on the bill. The monsoon session ends on Thursday.
Rajya Sabha failed to transact any business for the second straight day on Tuesday as opposition members persisted with their demand for a reply from Prime Minister Narendra Modi on the issue of conversions and created ruckus on government's move to hold events in schools on Christmas holiday.
Members from Opposition and treasury benches had a heated exchange of words in Rajya Sabha on Tuesday over Prime Minister Narendra Modi's remarks on foreign soil that he wanted to clean the dirt of 60 years forcing three adjournments in the pre-lunch session.
'Our prime minister has set a scorching pace. He's logged more airline miles than professional airline pilots... On his regular visits to Delhi, he has also signed files galore.' 'How much of this activity has translated into useful action on the ground,' asks Devangshu Datta.
A heavy agenda including the ordinance on the Food Security Bill awaits the Monsoon session of Parliament beginning on Monday amid expectations that the short sitting will be more businesslike and smooth as compared to the din and dust in the last few sessions.
The Lok Sabha witnessed uproar for the third straight day on Thursday with a determined opposition seeking a statement from the prime minister on the controversial remarks of minister Sadhvi Niranjan Jyoti besdies her resignation.
'Get lost from here, you scoundrel. Nobody in this administration will help you,' the CM shouted at me.
As the death toll in Nepal's devastating earthquake mounted, the Indian government on Monday urged people not to pay heed to rumours being spread on social media as members in Rajya Sabha asked government to prepare disaster management plan.
India's MPs do not want radio jockeys to imitate them. We decided to ask a radio jockey for her reaction.
The Opposition parties also demanded stopping the use of pellet guns on protesters, even as one member demanded withdrawal of AFPSA from the Kashmir Valley and withdrawal of the dominating presence of army from civilian areas.
'In the medium term, the advantage is still with the BJP.' 'One reason for this is Shah's talent. He is a terrific organiser and builds his strategies around the grassroots worker,' says Aakar Patel.
Just as the mighty Bhim sacrificed his son Ghatotkach and Arjun sacrificed his son Abhimanyu in the battle against Kauravas, Yashwant Sinha must ask his son Jayant to sacrifice his ministerial office, says Sudhir Bisht.
The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
Information and Broadcasting Minister M Venkaiah Naidu said all the commissions were functioning and the process of filling up the vacancies was on.
Repromulgation is a perennial malaise; and judges must clarify -- indeed, revisit -- the rules that govern this practice, argues Shubhankar Dam.
Pressures in the BJP-Akali Dal alliance have created grounds for a rise in extremism.
For his 60th birthday in December, which he called his third 20th birthday, Mallya flew in Enrique Iglesias to perform at his villa overlooking the beach in Goa.
'George was a politician with a difference. He had the ability to stand alone, take a position, however extreme, and sustain that position,' remembers Arun Jaitley.
The JNU student leader said, "There is an atmosphere of fear in the country and anybody who speaks against the government is threatened."
'The BJP has failed to protect cows.' Why doesn't the government say it is a government for cows, mandir and the Ganga?' 'Why don't they declare the cow as a national animal?
The winter session of Parliament beginning on Thursday is expected to be a stormy affair, with the opposition set to raise the 'intolerance' issue.
Ignoring all previous protests and opposition to the deal, the saffron party has changed its stance, without providing any explanation. What has changed? Accountability and explanations on this U-turn will be welcomed.
'Politics is full of struggle, especially for those from my background,' says Union Minister Kumari Selja in her first interview after Sunday's attack on her. 'It has always been a struggle and will continue to be so.'
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