News for 'Directorate of Income Tax'

'It's a tough job to sell life insurance to people'

'It's a tough job to sell life insurance to people'

Rediff.com2 Dec 2023

'We are expected to grow at above 28 per cent this year, higher than the industry.'

Draft rules tighten tax norms for MNCs

Draft rules tighten tax norms for MNCs

Rediff.com24 Dec 2015

The rules will affect Indian companies that take most decisions about their foreign subsidiaries.

Court summons SpiceJet, Kalanithi Maran as accused in IT cases

Court summons SpiceJet, Kalanithi Maran as accused in IT cases

Rediff.com21 Jul 2015

Kalanithi Maran and another top company official have been summoned as accused by a Delhi court in two tax evasion cases.

Why did Modi meet Karunanidhi?

Why did Modi meet Karunanidhi?

Rediff.com17 Nov 2017

'The prime minister's advisers might have told him that going along with this AIADMK government will damage his image.'

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Rediff.com12 Sep 2021

"Had corona (COVID-19) not been there, the prime minister would have dedicated NATGRID to the country. I am hopeful that the prime minister will dedicate NATGRID to the country in some time," Union home minister Amit Shah said during the 51st Foundation Day event of the Bureau of Police Research and Development (BPRD) here on September 4.

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

Rediff.com29 May 2023

The CBI had registered a preliminary enquiry in 2016 which was later converted into a regular case, they added.

Tax net: Foreign portfolio investors caught in a bind

Tax net: Foreign portfolio investors caught in a bind

Rediff.com6 Feb 2015

At least 200 investors have to furnish financial statements

Address your tax grievances the traditional way

Address your tax grievances the traditional way

Rediff.com19 Jul 2013

I-T dept will soon issue a unique number to address your refunds and grievances. But the traditional route is still better.

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

Rediff.com20 Feb 2018

The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.

Senthil Balaji misused office to engineer cash-for-jobs 'scam', ED tells court

Senthil Balaji misused office to engineer cash-for-jobs 'scam', ED tells court

Rediff.com14 Jun 2023

The case against Balaji and his aides pertains to his tenure as the state transport minister in the All India Anna Dravida Munnetra Kazhagam government during 2011-15.

Are you creating black money unwittingly?

Are you creating black money unwittingly?

Rediff.com29 Jan 2015

Tax rules that could land you in trouble

Walmart may now be dragged to court over Flipkart buy

Walmart may now be dragged to court over Flipkart buy

Rediff.com3 Jul 2018

In two months, as many as 25 complaints have been sent to Enforcement Directorate, Competition Commission of India, Reserve Bank of India and income tax department, beside various state agencies, to thwart the deal.

'Adani affair overshadowed Budget's stability, prudence'

'Adani affair overshadowed Budget's stability, prudence'

Rediff.com6 Feb 2023

'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'

Time To Shift To Non-Par Plans For Long Term

Time To Shift To Non-Par Plans For Long Term

Rediff.com10 May 2023

'Non-par plans returns are not market-linked. Hence, they can offer guaranteed returns.'

Why You Should Opt For Group Term Cover

Why You Should Opt For Group Term Cover

Rediff.com19 May 2023

Group term insurance is far more cost-effective than an individual cover.

HUL's Q1 profit rises 6.9% to Rs 2,556 crore

HUL's Q1 profit rises 6.9% to Rs 2,556 crore

Rediff.com20 Jul 2023

Hindustan Unilever Ltd on Thursday reported a 6.9 per cent rise in consolidated profit after tax at Rs 2,556 crore in the first quarter ended June 30, 2023, riding on a gradual recovery in the FMCG industry despite operating in challenging environment. The company had posted a consolidated net profit of Rs 2,391 crore in the same quarter last fiscal, Hindustan Unilever Ltd said in a regulatory filing. Consolidated total income in the first quarter stood at Rs 15,679 crore as against Rs 14,757 crore in the corresponding period last fiscal.

Raut would have got cleaned in 'washing machine': Sena's dig at BJP

Raut would have got cleaned in 'washing machine': Sena's dig at BJP

Rediff.com2 Aug 2022

The Shiv Sena said Opposition was not targeted in such manner even during Emergency

Centre keen to boost economic intelligence body

Centre keen to boost economic intelligence body

Rediff.com12 Apr 2012

To capitalise on the proposed changes in the Budget and the information on black money available with the government, the government is revitalising the economic intelligence council (EIC) headed by finance minister Pranab Mukherjee.

We will amend women's bill after coming to power in 2024: Kharge

We will amend women's bill after coming to power in 2024: Kharge

Rediff.com23 Sep 2023

There are no major legal complications in implementing the bill right now but the Narendra Modi government putting it off for 10 years, he said.

CBDT warns foreign bank account holders

CBDT warns foreign bank account holders

Rediff.com29 Aug 2011

Finance Ministry issues strict instructions on foreign bank accounts.

India 2022: Huge Economic Challenges

India 2022: Huge Economic Challenges

Rediff.com30 Sep 2022

Every patriot should learn from our history and recognise that celebrating size will neither negate nor obscure the huge economic challenges that India faces, asserts Rathin Roy.

Can Modi Beat Rajiv Gandhi's 404 MPs Record?

Can Modi Beat Rajiv Gandhi's 404 MPs Record?

Rediff.com6 Feb 2024

Modi wants the BJP to gets an additional 10% of the vote share from what it won in 2019. Plans are afoot to get new faces to replace MPs with poor chances of winning. Sources say more than 100 MPs are like to be axed, notes Modi biographer Ramesh Menon.

IT dep seizes Rs 1,400-cr assets linked to Ajit Pawar

IT dep seizes Rs 1,400-cr assets linked to Ajit Pawar

Rediff.com2 Nov 2021

The taxmen provisionally sent orders to attach their properties in Mumbai, New Delhi, Pune, Goa and also over two dozen land parcels across the state with a combined market value of around Rs 1,400 crore

'M Satyam is being penalised for picking up victim'

'M Satyam is being penalised for picking up victim'

Rediff.com24 Jan 2013

The company, which is one of the strategic partners for WEF annual meeting at Davos, hosted one of the first company receptions for this year's meeting on January 22.

Self-Employed? Planning Retirement?

Self-Employed? Planning Retirement?

Rediff.com27 Dec 2023

The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.

'Fertiliser scam': CBI books Rajasthan CM's brother, 14 others

'Fertiliser scam': CBI books Rajasthan CM's brother, 14 others

Rediff.com17 Jun 2022

The CBI has registered a case related to the alleged diversion of fertilisers meant for farmers against Agrasen Gehlot, Rajasthan Chief Minister Ashok Gehlot's brother, and 14 others, and carried out searches at his Jodhpur home and 16 other locations in three states, officials said.

ASK PF GURU: How Can I Best Multiply My Savings?

ASK PF GURU: How Can I Best Multiply My Savings?

Rediff.com23 Aug 2023

Do you have financial planning queries? Ask rediffGURU Kirtan A Shah.

'BJP will be mortally scared of corporate disclosures'

'BJP will be mortally scared of corporate disclosures'

Rediff.com20 Feb 2024

'My suspicion is that most of the bonds were given by companies who had got contracts or who had benefited from policy changes by the government.'

Why Did Govt Give ED Boss 3 Extensions?

Why Did Govt Give ED Boss 3 Extensions?

Rediff.com24 Jul 2023

'This move rendered the chiefs of important investigative agencies to the status of daily wage earners. It undermined the autonomy and independence of the agencies.'

Chidambaram asks I-T to avoid raids

Chidambaram asks I-T to avoid raids

Rediff.com3 Jun 2013

Dept to focus on real estate, infra, mining and manufacturing to detect evasion.

'Huge demand for life insurance products in India'

'Huge demand for life insurance products in India'

Rediff.com1 Jan 2024

'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'

'BJP Has 6,000 Crores To Spend On Elections'

'BJP Has 6,000 Crores To Spend On Elections'

Rediff.com19 Apr 2024

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'

Tax planning: Time to rush

Tax planning: Time to rush

Rediff.com21 Mar 2016

An Aadhaar card can fast-track the KYC procedure for some instruments.

SC dismisses ED plea challenging bail to Shivakumar

SC dismisses ED plea challenging bail to Shivakumar

Rediff.com15 Nov 2019

A bench comprising Justices R F Nariman and S Ravindra Bhat rejected the request of the Solicitor General, appearing for the Enforcement Directorate, to issue a notice to the other side on the appeal.

Budget 2021: Dividend anomaly for FPIs may be corrected

Budget 2021: Dividend anomaly for FPIs may be corrected

Rediff.com22 Jan 2021

Last year's Budget had created uncertainty about the quantum of tax to be withheld on dividends paid to non-residents, as the exact tax rate was not specified under section 195.

Where are the missing crorepati taxpayers?

Where are the missing crorepati taxpayers?

Rediff.com9 May 2016

Business Standard brings to you the many different numbers of crorepatis that are floating around.

PMLA case: SC considers reevaluating 2022 verdict with larger bench

PMLA case: SC considers reevaluating 2022 verdict with larger bench

Rediff.com23 Nov 2023

A three-judge bench headed by Justice Sanjay Kishan Kaul was hearing the pleas seeking reconsideration of the July 27, 2022 verdict by a three-judge bench on certain parameters.

'Mr Modi Is Rattled'

'Mr Modi Is Rattled'

Rediff.com27 May 2024

The speech he gave in which he accused the Congress of getting black money in tempos from Ambani and Adani is remarkable.' 'It is a self-goal for sure, but indicates someone who has lost control, someone who is rattled.'

Govt clears confusion on date of debt MF tax hike

Govt clears confusion on date of debt MF tax hike

Rediff.com12 Jul 2014

Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax

Chidambaram flays govt after I-T, ED lens on son?s associates

Chidambaram flays govt after I-T, ED lens on son?s associates

Rediff.com2 Dec 2015

CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act