News for 'Financial Intelligence Unit'

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

World's 10 most expensive cities

World's 10 most expensive cities

Rediff.com11 Mar 2015

Singapore retains the title of the world's most expensive city.

US designates LeT's Abdul Rehman al-Dakhil as global terrorist

US designates LeT's Abdul Rehman al-Dakhil as global terrorist

Rediff.com31 Jul 2018

The designation seek to deny Dakhil the resources to plan and carry out terrorist attacks.

'We talk about India in every board meeting'

'We talk about India in every board meeting'

Rediff.com23 May 2023

'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'

Coming soon: Operation Clean Money 2.0

Coming soon: Operation Clean Money 2.0

Rediff.com21 Apr 2017

Tax wing scanning cash deposits between Rs 5-10 lakh

'Whoever has looted this country will be caught and punished'

'Whoever has looted this country will be caught and punished'

Rediff.com30 Oct 2014

The Supreme Court appointed Special Investigative Team, which is looking into the black money cases, on Thursday said it will go after the offenders "big or small" but also made it clear that the confidentiality of account holders abroad will not be violated.

GST officers unearth over Rs 35K cr fraud in FY21

GST officers unearth over Rs 35K cr fraud in FY21

Rediff.com13 Jul 2021

In the year-long crackdown on tax evasion, the GST authorities have unearthed over Rs 35,000 crore of tax fraud committed by misuse of input tax credit provision under the Goods and Services Tax (GST) regime. During the 2020-21 financial year, the CGST zones and the Directorate General of GST Intelligence (DGGI) booked about 8,000 cases involving fake ITC of over Rs 35,000 crore, a statement from CBIC said. Under the GST regime, at the time of paying tax on output, entities can reduce the tax they have already paid on inputs.

EC introduces e-filing of poll affidavits for the first time

EC introduces e-filing of poll affidavits for the first time

Rediff.com6 Mar 2014

In a maiden initiative, the Election Commission has introduced e-filing of affidavits by candidates for the forthcoming Lok Sabha and assembly polls.

Fresh Panama Paper leaks: Accused deny allegations

Fresh Panama Paper leaks: Accused deny allegations

Rediff.com22 Jun 2018

The Panama Paper leaks were originally revealed by the International Consortium of Investigative Journalists on April 4, 2016, following which, the government had set up the MAG to probe the matter.

Around 60-80 Afghan-returnee terrorists waiting to cross LoC into India

Around 60-80 Afghan-returnee terrorists waiting to cross LoC into India

Rediff.com19 Apr 2022

The launchpads across the Line of Control in Kashmir valley are abuzz with activity, with around 60 to 80 terrorists, believed to be Afghan returnee mercenaries, receiving training with a possible push expected during summer months, officials in Srinagar said.

B School Curricula: Time for A Reset?

B School Curricula: Time for A Reset?

Rediff.com21 Sep 2021

... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.

Panama Papers: New data shows about 2,000 Indian links

Panama Papers: New data shows about 2,000 Indian links

Rediff.com10 May 2016

A random check of the database for India displays about 22 offshore entities, 1,046 officers or individual links, 42 intermediaries and as many as 828 addresses within the country ranging from the tony and posh locations of metropolitan cities like Delhi, Mumbai, Kolkata and Chennai to mofussil locations like that in Haryana's Sirsa, Bihar's Muzaffarpur and Madhya Pradesh's Mandasaur and state capital Bhopal.

VVIP chopper scam: ED seeks assets details from MoD, income tax department

VVIP chopper scam: ED seeks assets details from MoD, income tax department

Rediff.com5 May 2016

Officials said the agency has sought property details on ten serving and retired officials of the ministry of defence and the IAF.

Tax evasion? I-T dept issues 2,000 notices

Tax evasion? I-T dept issues 2,000 notices

Rediff.com6 Dec 2016

'We have not issued notices randomly.' 'We have done the risk profiling of individuals, and sent to those whose profile has not matched with their declared income.'

IT cos' revenue growth to slide sharply in FY23

IT cos' revenue growth to slide sharply in FY23

Rediff.com7 Jul 2022

The information technology services sector will see a sharp fall in revenue growth to 12-13 per cent in FY23 from 19 per cent in FY22, ratings agency Crisil said on Thursday. However, the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will help the over $220-billion sector maintain a double digit growth, it said in a report. The moderation from 19 per cent to 12-13 per cent will be the highest in the last eight years, it said and attributed the decline to expected tightening of IT expenditure by corporates amid the inflationary headwinds in the United States and European Union (EU), which together contribute almost 85 per cent to the sector's revenue.

Biden warns of 'decisive response' if Russia attacks Ukraine

Biden warns of 'decisive response' if Russia attacks Ukraine

Rediff.com16 Feb 2022

The US is ready to respond "decisively" to a Russian attack on Ukraine which is still very much a possibility, President Joe Biden has said, urging Moscow to step back from the brink of war.

Congress is framing General Singh for political gain: BJP

Congress is framing General Singh for political gain: BJP

Rediff.com21 Sep 2013

Accusing the Centre of "misusing" intelligence agencies and armed forces for political dividend, the Bharatiya Janata Party on Saturday said former army chief General V K Singh was being falsely accused of allegedly attempting to destabilise the Jammu and Kashmir government.

China blocks India-US move to blacklist LeT terrorist 2nd time in 2 days

China blocks India-US move to blacklist LeT terrorist 2nd time in 2 days

Rediff.com20 Oct 2022

Hafiz Talha Saeed is a senior leader of the LeT and is the head of the cleric wing of the terrorist organisation.

Parl panel on IT to take up 'fake TRP' issue: Sources

Parl panel on IT to take up 'fake TRP' issue: Sources

Rediff.com10 Oct 2020

Congress MP and member of the panel Karti Chidambaram had requested Tharoor to take up the matter and call the officials of the Information and Broadcasting Ministry before the committee to seek clarification and remedial measures.

'Modi has gone further than any PM to strengthen ties with the US'

'Modi has gone further than any PM to strengthen ties with the US'

Rediff.com27 Oct 2022

'While the US-Pakistan relationship has been stabilised, it's still mired in uncertainty.'

US designates 3 Pakistanis as global terrorists

US designates 3 Pakistanis as global terrorists

Rediff.com1 Aug 2018

LeT commander Abdul Rehman al-Dakhil was named as a Specially Designated Global Terrorist (SDGT) by the Department of State.

US slaps sanctions against Pakistan-based terrorists

US slaps sanctions against Pakistan-based terrorists

Rediff.com8 Feb 2018

The Trump Administration called on the Pakistani government to deny sanctuaries to 'dangerous' individuals and organisations.

India plays 26/11 plotter Sajid Mir's audio at UN anti-terror meet in Mumbai

India plays 26/11 plotter Sajid Mir's audio at UN anti-terror meet in Mumbai

Rediff.com28 Oct 2022

In the audio clip, he is heard directing the attack on Chabad House during Mumbai 26/11 terror attacks.

Will General Munir Take On Imran Khan?

Will General Munir Take On Imran Khan?

Rediff.com24 Nov 2022

If General Asim Munir, Pakistan's new army chief, wants to help defuse the current polarised atmosphere and shepherd civilian politicians towards negotiations on an acceptable date for elections, he may need to distance himself from any perception of needless hostility to Imran Khan, explains Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.

Trump bans US investments in firms linked to Chinese military

Trump bans US investments in firms linked to Chinese military

Rediff.com13 Nov 2020

The executive order, which was signed by Trump on Thursday, prohibits certain purchases involving publicly traded securities or any securities that are derivative of or are designed to provide investment exposure to such securities of any Communist Chinese military company.

Modi's Cult Of Personality

Modi's Cult Of Personality

Rediff.com10 Mar 2023

'It was more than ego.' 'It carried with it a sincere belief that he was the quintessence of the country, that the country's destiny was irrevocably intertwined with his destiny.' An excerpt from T J S George's The Dismantling of India: In 35 Portraits.

Curb betting in cricket to check black money: SIT

Curb betting in cricket to check black money: SIT

Rediff.com24 Jul 2015

The Supreme Court-appointed SIT on Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.

India, US call for action against Pak-based terrorists

India, US call for action against Pak-based terrorists

Rediff.com25 Sep 2021

The two leaders reaffirmed that the United States and India 'will take concerted action against all terrorist groups, including groups proscribed by the UNSCR 1267 Sanctions Committee'.

How roads are turning smart with IoT, AI, telematics

How roads are turning smart with IoT, AI, telematics

Rediff.com25 May 2021

Roads are becoming smarter even if the people driving on it are not. A set of smart technologies is making construction, maintenance, and traffic management much more efficient.

Ola reports first-ever operating profit of Rs 90 cr in FY21

Ola reports first-ever operating profit of Rs 90 cr in FY21

Rediff.com2 Nov 2021

Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as the ride-hailing company's revenue declined 65 per cent to Rs 689.61 crore amid COVID-19 induced lockdowns. As per regulatory documents filed by ANI Technologies - the parent company of Ola - it had logged standalone operating profit (profit before finance cost, depreciation, amortisation and tax (EBITDA)) of Rs 89.82 crore in FY21 on a standalone basis, while it had registered a loss of Rs 610.18 crore in the preceding fiscal year.

Army maintains strong defence posture along LAC: Gen Manoj Pande

Army maintains strong defence posture along LAC: Gen Manoj Pande

Rediff.com15 Jan 2023

General Pande said the northern border region has been peaceful and steps have been taken to maintain peace through established protocol and existing mechanism.

4 PFI men detained after NIA raids 40 places in Telangana, Andhra

4 PFI men detained after NIA raids 40 places in Telangana, Andhra

Rediff.com18 Sep 2022

In these raids being conducted since Sunday morning, the NIA said, it has seized incriminating materials, including digital devices, documents, two daggers and cash Rs 8,31,500.

I-T raids on offices of Jaya TV, associates over suspected tax evasion

I-T raids on offices of Jaya TV, associates over suspected tax evasion

Rediff.com9 Nov 2017

The searches at the Tamil television channel were conducted over alleged tax evasion.

India, Russia ink key pact for 2 nuclear power units

India, Russia ink key pact for 2 nuclear power units

Rediff.com1 Jun 2017

The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.

US names Hafeez Saeed's JuD as terror outfit

US names Hafeez Saeed's JuD as terror outfit

Rediff.com26 Jun 2014

Tightening its noose around the Lashkar-e-Tayiba, the United States has added its affiliates, including the Jamaat-ud-Dawa, to its list of designated terror organisations and slapped sanctions against two Pakistan-based LeT leaders.

99% of scrapped 500, 1,000 notes back in system: RBI

99% of scrapped 500, 1,000 notes back in system: RBI

Rediff.com30 Aug 2017

Only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes have not returned.

Why Didn't India Reach Out to the Taliban?

Why Didn't India Reach Out to the Taliban?

Rediff.com10 Sep 2021

If New Delhi finds itself out in the cold in Afghanistan, both the Congress-led UPA and BJP-led NDA have only themselves to blame. Each has been in power for a full decade from 2001, without reaching out to the Taliban, points out Ajai Shukla.

Centre, states look to tighten GST registration process

Centre, states look to tighten GST registration process

Rediff.com17 Nov 2020

The Centre and states are looking to further tighten the GST registration process and legal measures to deal with the rising cases of fake invoicing. A meeting of the law committee of the GST Council has been convened on Wednesday to discuss these issues, finance ministry sources said. The committee, comprising senior central and state tax officers, would also discuss the GST fake invoice frauds, further tightening of the GST registration process and work out other legal measures including necessary law amendment required in the GST Act to curb the menace of fake invoicing, they added. Also the provisions related to deemed registration under Goods and Services Tax (GST) law may be tightened to prevent the misuse of such provisions by fake dealers and the provisions related to suspension of registration may also be streamlined to make the procedure of suspension and cancellation of registration more efficient and faster, so that such fraud operators can be prevented in time from continuing to pass on fake credit down the chain.

Where does India fit in a Chinese world order?

Where does India fit in a Chinese world order?

Rediff.com14 Jul 2021

'India finds itself in an unenviable situation today with its prospects diminished by acutely polarised domestic politics and the setbacks suffered during the pandemic,' notes Ambassador Shyam Saran, the former foreign secretary.

Money laundering scam turns out murkier than expected

Money laundering scam turns out murkier than expected

Rediff.com28 Oct 2015

The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.