News for 'Directorate of Income Tax'

'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.'

Shivakumar sent to ED's custody till Sept 13

Shivakumar sent to ED's custody till Sept 13

Rediff.com5 Sep 2019

Shivakumar's lawyers Abhishek Manu Singhvi and Dayan Krishnan opposed the ED's plea for custodial interrogation saying that he had joined the probe and never absconded.

BJP will soon project CM candidate for UP polls: Parrikar

BJP will soon project CM candidate for UP polls: Parrikar

Rediff.com11 Jun 2016

Hitting out at the Samajwadi Party government over the Mathura violence, he said it is the biggest failure of the state government which has also failed to control 'goonda raj' in the state.

'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.'

Income accrual, dynamic bond funds turn attractive

Income accrual, dynamic bond funds turn attractive

Rediff.com30 Sep 2015

Experts say investors need not tinker with their debt portfolio as shifting won't be tax-efficient.

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.

Is There Really No Alternative To Modi?

Is There Really No Alternative To Modi?

Rediff.com14 May 2024

'Are we so ready to believe that in this country whose virtues we constantly shout from the rooftops, there is no single person -- other than Modi -- in a minimum of 272 elected MPs with the talent and ability to lead this country?' asks Prem Panicker.

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

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.

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.

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.'

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.

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.

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.'

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.

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.

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.

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.

Are you creating black money unwittingly?

Are you creating black money unwittingly?

Rediff.com29 Jan 2015

Tax rules that could land you in trouble

'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.

'2 to 3 years before small car market revives'

'2 to 3 years before small car market revives'

Rediff.com7 Nov 2023

'It will take some more time because the affordability of these cars have changed drastically.'

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

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.

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.

'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.

SC to hear pleas related to Adani stock rout, may set up panel

SC to hear pleas related to Adani stock rout, may set up panel

Rediff.com17 Feb 2023

The crucial hearing on the PILs by a bench headed by Chief Justice D Y Chandrachud assumes significance in the wake of recent developments in which the Centre agreed to the apex court's proposal to set up a committee, likely to be headed by a former Supreme Court judge, to look into the regulatory regimes.

Poor under Ujjwala scheme will get LPG cylinder at Rs 500 from April: Gehlot

Poor under Ujjwala scheme will get LPG cylinder at Rs 500 from April: Gehlot

Rediff.com19 Dec 2022

Gehlot made the announcement in the presence of Congress president Mallikarjun Kharge and former party chief Rahul Gandhi at a rally here on the sidelines of the "Bharat Jodo Yatra".

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.

Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

Rediff.com16 Feb 2023

A fresh PIL was filed on Thursday in the Supreme Court seeking a probe by multiple central government agencies under the supervision of a panel or a former apex court judge against the Adani Group of companies following allegations of fraud and share price manipulation made by the US-based Hindenburg Research.

ED officials left Delhi home after nod from 'above', alleges Tejashwi

ED officials left Delhi home after nod from 'above', alleges Tejashwi

Rediff.com14 Mar 2023

"Thenga mila hai", scoffed Yadav using the Hindi slang to repudiate the ED's claim of huge recovery in the raids conducted in connection with the land for jobs scam

Adani row: SC panel says SEBI couldn't find anything, but...

Adani row: SC panel says SEBI couldn't find anything, but...

Rediff.com19 May 2023

An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Securities and Exchange Board of India (SEBI) has 'drawn a blank' in its probe into alleged violations in money flows from offshore entities into the conglomerate.

Sebi probe into Adani drew blank: SC-appointed panel

Sebi probe into Adani drew blank: SC-appointed panel

Rediff.com19 May 2023

An expert committee appointed by the Supreme Court said it cannot conclude any regulatory failure around Adani Group's stock rallies, and that Sebi has "drawn a blank" in its probe into alleged violations in money flows from offshore entities into the conglomerate. But the six-member panel said there was an evidence of a build-up in short positions on Adani Group stocks ahead of the report of US-based short seller Hindenburg Research, and profiting from squaring off positions after prices crashed post-publication of the damning allegations. "At this stage, taking into account the explanations provided by Sebi, supported by empirical data, prima facie, it would not be possible for the committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the panel said in the report submitted to the Supreme Court.

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.

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.

Coffee king's death: Rs 3,500 cr skeleton tumbles out

Coffee king's death: Rs 3,500 cr skeleton tumbles out

Rediff.com24 Jul 2020

The probe gave a clean chit to the tax department that was being alleged to have harassed Siddhartha.

ED summons Sonia Gandhi on July 21 in National Herald case

ED summons Sonia Gandhi on July 21 in National Herald case

Rediff.com11 Jul 2022

The Enforcement Directorate (ED) has asked Congress president Sonia Gandhi to depose before it on July 21 for questioning in the National Herald newspaper-linked money-laundering case, officials said on Monday.

Sebi bans 85 entities from capital mkts for fraudulent trading

Sebi bans 85 entities from capital mkts for fraudulent trading

Rediff.com6 Sep 2021

Sebi on Monday barred total 85 entities, including Sunrise Asian Ltd, from the capital markets for up to one year for manipulating the company's share price. In its order, the regulator restrained Sunrise Asian and its then five directors from the capital markets for one year and the 79 connected entities for six months. The Securities and Exchange Board of India (Sebi) had conducted an investigation in the scrip of Sunrise Asian for the period from October 16, 2012 to September 30, 2015, based on a reference received from the Principal Director of Income Tax (Investigation), Kolkata.

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.

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.