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.
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.
Ironically, the IT raid has happened at a time when Nadiadwala's least unsuccessful film Tamasha is in the theatres.
CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act
Cristiano Ronaldo will avoid serving a 23-month prison sentence after agreeing a deal.
A team of investigators from the Income Tax Department spent Tuesday at the residence of former Jharkhand Chief Minister Madhu Koda, sifting through his papers and questioning him about an alleged Rs 2,000 crore hawala transaction case. The Enforcement Directorate has also begun action against him in New Delhi.The department has asked its officers in Ranchi to bring a list of the seizures and records of statements of his associates, which will be put across to Koda.
K V Chowdary, who is set to take over as the new Chief Vigilance Commissioner on Tuesday said he has full respect for both Prashant Bhushan and Ram Jethmalani, who have opposed his appointment to the top post in the country's apex anti-corruption watchdog.
Indian Premier League commissioner Lalit Modi on Friday said that IT officials went back satisfied after the 8-hour questioning.
The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.
The All India Congress Committee and Digvijay Singh again appeared to be not on the same page -- this time on the issue of seeking cooperation from Team Anna over exposing some of the dealings of two Gujarat businessmen allegedly close to the Ruling Bharatiya Janata Party in the state.
For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.
The comedian-actor was recently in the news as income tax evasion reports surfaced.
The middle class is a big force to fulfil dreams of a prosperous and developed India and our government has taken many decisions to empower it, the prime minister said.
"They need to clarify that demonetisation means it is demonetisation for all. Same rules for everyone. If 500/1000 are illegal tender, then how are they trying to show that there is a division between common people and political parties?" Banerjee said in a series of tweets.
Do you have financial planning queries? Ask rediffGURU Kirtan A Shah.
The tax department is working to ensure that there is no loophole in the compliance window.
'This decision to go with the BJP is Kumaraswamy's individual decision and not a party decision.'
'The fact that you did not receive the rent through a bank will not take away the taxability of the rent in your hands.'
Stepping up its attack on the Narcotics Control Bureau, the Nationalist Congress Party on Friday alleged that the anti-drug agency let off two persons after a raid on a cruise ship off Mumbai coast recently, with one of them being the brother-in-law of a 'high-profile' BJP leader.
Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.
It is the Bharatiya Janata Party's turn to face the heat in the 2G spectrum scam case. Some of the associates of late Bharatiya Janata Party leader Pramod Mahajan are under the scanner of the Income Tax Department and other security agencies. It is learnt that a very close associate of Mahajan had been summoned for questioning by the government agencies some time ago.
Tamil Nadu Chief Minister M Karunanidhi's daughter Kanimozhi was on Thursday questioned by Income Tax authorities for nearly 90 minutes about the Rs 200 crore transaction from Shahid Balwa-owned DB Realty to Kalaignar TV, in which she holds a minority stake. The 43-year-old Member of Parliament appeared after summons were issued by the department, as a Delhi court probing the 2G spectrum allocation exempted her from personal experience.
Gandhi, 75, was earlier asked to depose on June 8 but she sought a fresh date from the federal probe agency after she contracted the coronavirus infection.
Sibal termed these allegations as an attempt to divert attention from issues of national importance such as the CBSE paper leak.
The DMK also warned of legal action against those who attempt to link Sadiq with either the party or its leaders.
Raj Kundra's stake in the franchise is legally questionable. The Income Tax department and Enforcement Directorate the two agencies investigating the Indian Premier League franchisees -- have come across a web of transactions that violated FIPB and RBI guidelines.
The court put various conditions on Khaitan, including that he will not tamper with the evidence or try to contact or influence the witnesses and join the investigation as and when called.
Income Tax officials probing alleged financial irregularities in the cash-rich IPL on Thursday claimed to have found some "incriminating" documents during searches at the offices of Kolkata Knight Riders and Cricket Association of Bengal.
They said the 22-year-old management graduate will be questioned and her statement will be recorded under the Prevention of Money Laundering Act (PMLA).
In a freewheeling chat with Rediff.com readers former CBI director and author Joginder Singh talks about issues haunting the probe agency, the challenges it faces and its limitations.
Apart from shell companies, 'vanishing' companies are also on the ministry's radar. As many as 400 companies are not traceable, despite being listed on the bourses.
The court had earlier allowed Burman twice to go abroad, including a trip to London to attend his ailing brother there.
The country-wide raids by the Income Tax teams on properties allegedly owned by former Jharkhand chief minister Madhu Koda and his associates continued for the second day on Sunday.
He has not been issued fresh summons and it is understood that his questioning has ended, at least for now.
The number of millionaires in the country has increased by 67.6 per cent in the last five years, the Lok Sabha was informed on Wednesday.
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.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
The corporate income tax breaks make up a relatively small part of $80 billion in business giveaways.
In an editorial in its mouthpiece 'Saamana', the erstwhile ally of the Bharatiya Janata Party questioned if financial transactions of film personalities who openly support the government at the Centre were clean and transparent.
