Ironically, the IT raid has happened at a time when Nadiadwala's least unsuccessful film Tamasha is in the theatres.
Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.
CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act
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.
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.
Indian Premier League commissioner Lalit Modi on Friday said that IT officials went back satisfied after the 8-hour questioning.
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.
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.
"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.
The comedian-actor was recently in the news as income tax evasion reports surfaced.
'... dividing society not just on religious lines, but also creating rift in families and among brothers and sisters.'
The tax department is working to ensure that there is no loophole in the compliance window.
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.
'The fact that you did not receive the rent through a bank will not take away the taxability of the rent in your hands.'
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.
Sibal termed these allegations as an attempt to divert attention from issues of national importance such as the CBSE paper leak.
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.
He has not been issued fresh summons and it is understood that his questioning has ended, at least for now.
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).
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.
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.
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.
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.
Since MAAFs invest across multiple asset classes, they offer diversification.
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.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
The court had earlier allowed Burman twice to go abroad, including a trip to London to attend his ailing brother there.
He argued that if inflation is low, stable and moving towards the 4 per cent target, why has the RBI not revised downward the bank rate fixed in June 2023?
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.
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.
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.
The entire operation was meant to have a chilling effect on independent journalists, those not completely subservient to the regime, the small section still doing what the Fourth Estate should do -- raising questions to those in power.
'Maharashtra's asmita was crushed under Delhi's feet.' 'Marathi Manoos is definitely angry.'
The corporate income tax breaks make up a relatively small part of $80 billion in business giveaways.
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
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.
The PMGKY will not allow declarants to use claims made for refunds for advance taxes paid, tax deducted at source and tax collected under the scheme.
