Rahul Gandhi's mother and senior Congress leader Sonia Gandhi has also got at least five refunds since the assessment year 2001-02, but there is no adjustment against any outstanding demand for her in this time period.
This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.
DoT will have wider consultations with all stakeholders.
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.
The sanctions list subjected him to a travel ban, assets freeze and an arms embargo.
Hercules Singh Munda's father used to open the gates to a forest. Today, Hercules leaves for London to open the gates of his many dreams.
According to sources, in a January 6 letter to the department of financial services under the finance ministry, LIC said it wanted to stop sponsoring LIC Nomura Mutual Fund, and might offer some of its stake in LIC Housing Finance to other shareholders.
Retirement planning requires a clear-eyed analysis of future needs and income. Don't fool yourself by believing in these wrong assumptions.
All schools and colleges in West Bengal will remain closed till June 10, she added. The Trinamool Congress supremo said she raised the issue of a financial package for the state and clearing its dues.
Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late on Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company's growth.
Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.
DEA officials to push for this at a meeting with FM Jaitley.
The tax dept has served notices on about 36 foreign investors.
The overdraft facility has been sanctioned in only 40,000 accounts
Russia and China are tight-fisted and Iran is broke and none of them has the political will or capacity to bankroll the Afghan economy, which only the US can, points out Ambassador M K Bhadrakumar.
Underlines need to reduce human interface; wants tax e-assessment in more cities
The government on Monday announced that it has credited revised pensionary benefits along with arrears under One Rank-One Pension scheme to more than 2 lakh pensioners drawing service and disability pensions.
On Monday, RBI announced that 26 entities, including Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital, L&T Finance and Bajaj Finserv, applied for grant of bank licences.
About 35 per cent rural households in states like Uttar Pradesh, Madhya Pradesh, Bihar, Odisha and Assam still lacked access to power supply
If advance tax revenue fails to meet the expected growth, these PSUs could be asked to pay taxes on past demands raised against them.
Facing black money investigations in India and several other countries, global banking giant HSBC on Monday said it is also being probed in the US for hiring candidates related to government officials in Asia Pacific.
The staffers posed as US Internal Revenue Service department officials, making a daily turnover of Rs 1.5 crore.
Proper documentation can help take half the pain out of filing your income tax return, says Amar Pandit.
The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe
The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.
The San Francisco-based giant has acquired a Delhi-based company.
The Indian Navy has deployed a range of its frontline warships and submarines in the Indian Ocean region to send a clear message to China following the escalation of the border dispute in eastern Ladakh.
Company plans to raise the contribution of Indian private sector to its revenue from about 15% to about 50% in two-three years.
After individuals, now even institutions like government departments, schools and companies would get unique identification numbers (UIDs) to enroll the country's residents for the UID system.
In 2015-16, more than 94 per cent of income tax returns were filed online and 4.14 crore returns were processed by the Central Processing Centre.
'NiMo having skipped, the next best bet is a high-profile banker.' 'Ms Usha happens to be in the wrong place at the wrong time.' 'Ms Usha's crime? That's as thin as it gets.'
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
Among other things, the agenda is likely to focus on increasing private investment, employment generation and giving relief to the farm sector
Sensex ends belowe 26,800 on domestic concerns.
IMF believes it is mostly cyclical, not structural, but because of the financial sector issues, recovery will be not be quick. IMF said, it saw an opportunity with the strong mandate of the new government to reinvigorate the reform agenda to boost inclusive and sustainable growth.
FM says government policies aim to contain inflation, spur growth.
The assignment was earlier given to global audit firm EY. But it has now been reassigned owing to 'certain conflict of interest', the Bengaluru-based company said.
ISRO needs next generation launchers and new facilities to manufacture and launch them.
The prices of unsold homes in Mumbai run into crores of rupees.
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