Includes those dealing in high-value property and petrol pump owners
Shivakumar, arrested on September 3 by the ED, was produced before the court on the expiry of his 9-day custodial interrogation by the agency.
Section 276CC provides for prosecution and makes tax evasion punishable with rigorous imprisonment of three months to seven years along with a monetary penalty depending on the amount dodged.
Officials said it had informed the RBI about these alleged malpractices earlier and is regularly updating it about such modus operandi being deployed
The top court had granted bail to Chidambaram in the case lodged by the CBI saying he is neither a 'flight risk' nor is there a possibility of 'his abscondence from the trial'.
Nirav Modi and his uncle Mehul Choksi are being investigated by the Enforcement Directorate for allegedly cheating the PNB, the country's second largest lender, to the tune of more than $2 billion.
Vijay Mallya has lost control of his companies.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Flanked by the Trinamool Congress chief, Naidu attacked the National Democratic Alliance government at the Centre alleging that institutions like the Central Bureau of Investigation, Enforcement Directorate, Income Tax department, Reserve Bank of India and Comptroller Auditor General are under "severe pressure".
FIR says that the officials by virtue of influence exercised over them by Karti, not only ignored the serious illegality on the part of INX Media on both the counts but also deliberately showed undue favours to INX Group.
'As a seasoned politician I know how to talk and understand the opinion and sentiments (of other political leaders).'
The statements of the Mukerjeas were recorded by the Enforcement Directorate, which is probing the money laundering angle in the case, while the CBI had only recorded Indrani's statement before a magistrate as per section 164 of the CrPC, they said.
Frozen mutual funds and shares worth Rs 86.72 crore belong to Choksi and his group, and the rest are owned by the Modi group.
The NIA has questioned around 20 associates of Naik, including his sister Nailah Naushad Noorani, in connection with its investigation, they said.
Shivakumar, arrested on September 3 by the ED in money laundering case, was produced before the court Tuesday on the expiry of his custodial interrogation.
Raids in Patna, Muzaffarpur, Begusarai and Motihari, which began around 07:30 am concluded around 02:30 pm
Sahara group confirmed the development but expressed ignorance as to why this action was being taken against it.
Sections in the draft Personal Data Protection Bill are a blatant violation of the Right to Privacy as guaranteed by the Constitution.
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
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.
Out of these, no balance has been found in case of 289 accounts
Jaitley said the resort was not an area where the Karnataka minister can get 'immunity from the law'.
Dera Sacha Sauda followers went on a rampage setting fire to vehicles, buildings and railway stations following the conviction of their head -- Gurmeet Ram Rahim -- in a rape case.
Senior lawyer M V Kini agrees to fight their case for free, given their financial condition
With just 10 detectives under his leadership and in about three weeks' time, Senior Superintendent of Police of Uttar Pradesh's Special Task Force Amit Pathak cracked an online digital racket that swindled 600,000 people and is now worth Rs 3,700 crore and counting.
In Kolkata, there is a community of chartered accountants, and it is easy to find 'directors', who for Rs 5,000 will sign anywhere.
Vadra's interim protection from arrest was extended till April 1.
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
NuPower will return loan with interest to consumer durables major by 2021
The Supreme Court-appointed Special Investigations Team on black money has also proposed that holding more than Rs 15 lakh in cash be made illegal for individuals and for companies, report Tinesh Bhasin and Sanjay Kumar Singh.
Department seeks investor database on the suspicion of fictitious investors.
Sebi has also been asked to put in place a mechanism to monitor the beneficial owner of P-notes
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
However, he also emphasised that the issue of who will be the prime minister can be settled after the 2019 polls by grand alliance members collectively.
Chidambaram has not been named as an accused in the FIR and the CBI is yet to file a chargesheet in the matter.
Meet Anand Kumar, a government clerk who transformed into a real estate and hospitality baron.
The Centre gave an assurance to the court that the building would not be demolished.
MCA portal clocks 5 mn views in 8 months; ministry to integrate company records portal with DGFT, I-T dept this year
The meeting was convened by the party to assess whether its flock was intact amid speculation that some of the MLAs had switched over to the Bharatiya Janata Party.
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