The Supreme Court is likely to pass direction, on Monday, over Justice Lodha committee plea alleging that the Board of Control for Cricket in India (BCCI) is violating the apex court order and committee directions regarding the BCCI reforms.
What Saisuresh Sivaswamy learnt about the election from television and the newspapers. A must read column, folks!
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
An analysis for the first eight months of CY18 shows that the value of RuPay and UPI transactions constitute 65.2 per cent of all transactions done through debit and credit cards, in value terms, across retail outlets by the end of August.
The court framed several constitutional questions including whether a person, holding public office, can give a statement which may create "distrust" in the minds of the victims about a fair probe in the case
If you leave too much money lying in your trading account or hand over your securities to brokers, there is always the risk that they could use it to trade in the markets.
Tax Guru Anil Rego answers your personal income tax queries.
The absence of a clear underlying economic ideology in the Budget was quite evident, say experts.
Govt looking for common ground on GST; hopes to pass it soon.
Verdicts paving the way for construction of a Ram Temple at Ayodhya and India's multi-billion dollar Rafale fighter jet deal with France were 2019's landmark imprints of the Supreme Court, which also found itself at the centre of a controversy with then Chief Justice of India Ranjan Gogoi being accused of sexual harassment before getting the clean chit.
Given the international practice, it is inexplicable why the government is going with anonymous electoral bonds.
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
The use of RBI capital to strengthen public sector banks will have many positive implications for the economy -- and a few manageable downsides, points out R Jagannathan.
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
The Board of Control for Cricket in India informed the Supreme Court on Tuesday that 12 of its member associations have kept the funds received by the cricket body in term deposit and they will not utilise them until further orders of the apex court.
Former Reserve Bank of India governor Raghuram Rajan said that Rs 65,000 crore is required to help the poor affected by the coronavirus-induced lockdown. He also laid stress on the need to restart the economy while taking precautions.
SC wanted to know how it encashed securities deposited with RBI.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
If your case is picked up for random scrutiny, any of the tricks that you or your financial advisor may have used to avoid tax will be easily detected.
It's the age of the DIY travellers.
While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
Nandan Nilekani talks about moving towards a cashless economy and freedom of Internet, among others
'Why has this turned out to be one of the greatest humanitarian crisis that has caught the Centre and the states in a bind with no answers to this unexpected tsunami?' asks Brigadier Narender Kumar (retd).
This week, as the I-T department scanned the deposits, reality hit them: Only a minuscule percentage of the Jan Dhan accounts had been used for money laundering.
The police have almost no way of tracking the $200 billion plus money flowing online during this World Cup.
The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
Not declaring the black money under the scheme now, but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty. In case the disclosure is not made either using the scheme or in return, a further 10 per cent penalty on tax will be levied followed by prosecution.
It is important to celebrate when your first paycheck arrives, but is equally important to ensure that you take the time to learn some very important personal finance lessons, so that you can put your salary to work for you and grow a savings corpus.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
The FinMin will pay Rs 5,324 crore (Rs 53.24 billion) for Jan-March.
The two states account for 24% of total accounts opened under financial inclusion scheme.
Sebi sets Sept 30 deadline to apply for Sahara refund
Its economy dependent on tourist arrivals, the hill state is looking at a summer of discontent. Not that the rest of the year promises to be any different. Ashwani Sharma reports from Shimla.
Challenges abound but innovation is key for new banks inorder to survive.
'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'
The government on Thursday clarified that black money declarants using the one-time compliance window cannot pay tax and penalty from undisclosed income to bring down their liability.
'The current economic contraction is certainly due to the lockdowns as a response to the pandemic, which is an act of God.' 'Nobody has seen such a thing in the last 100 years.' 'Saying that this was an act of mismanagement is largely incorrect'
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