Journalist Rana Ayyub rejected allegations on Friday that she "misused" donor funds raised in the wake of the Covid-19 pandemic, saying money-laundering charges levelled against her are "preposterous and wholly mala fide".
The government will soon launch a facility under which a Permanent Account Number card will be issued within 48 hours of applying.
The income-tax department may make a permanent account number (PAN) mandatory for cryptocurrency investors, in line with the demat account rules for stock market transactions, according to two people privy to the discussion. At present, disclosure of crypto holdings and related gains is voluntary. If tax authorities go ahead with the PAN mandate, crypto exchanges will have to furnish a statement of financial transactions (SFT) before the income-tax department.
The Supreme Court on Tuesday cleared the hurdle for the release of activist Gautam Navlakha from Navi Mumbai's Taloja prison, where he is lodged in the Elgar Parishad-Maoist link case, by waiving the requirement of a solvency certificate for availing the benefit of house arrest.
Earlier, Twitter, Facebook and YouTube removed a video of Trump in which he repeated unfounded claims that the election was stolen from him.
Banks, cooperative banks and post offices will have to report to the tax department all cash deposits between April 1 to November 9, 2016.
'Tenants who pay rent above the threshold limit must be extra cautious about TDS fillings.'
Aadhaar-based e-KYC facility would allow individuals or entities wanting to apply for PAN to verify details such as date of birth or address by way of biometric identification using thumb impressions.
Kanimozhi had challenged a Madras high court order which had refused to dismiss the petition against her.
Elon Musk has announced that a massive DDoS attack hit his livestream with former United States President Donald Trump, forcing X owner to scale down the live audience.
Agitating junior doctors demanding justice for the deceased woman medic of the Kar Medical College and Hospital and workplace safety continued their hunger strike until death on Sunday in the central part of the Kolkata's Dharmatala area.
Social media behemoth Facebook on Friday said the account of former United States President Donald Trump will remain suspended for two years, and post that period it will re-assess the ban.
The deadline extended till March 31, 2019.
'Many non-resident taxpayers faced issues in filing Form 10F since the portal didn't allow those who didn't have PAN to file the form.'
The government has now made quoting of Aadhaar mandatory for filing income tax returns as well as obtaining a new PAN.
India made it mandatory for customers to disclose their tax code, or Permanent Account Number (PAN), for purchases above Rs 200,000.
Rise in raids on illicit drug manufacturing units, alongside arrests for the production, sale, or distribution of spurious or adulterated drugs.
The Income-Tax (I-T) department has issued around 8,000 notices to salaried employees, self-employed individuals, and companies who made significant donations to charitable trusts. The department suspects potential tax evasion, as records of these donations do not correspond with the income and expenses of those making them. Sandeep Bajaj, managing partner, PSL Advocates & Solicitors, says, "Notices were issued for donations made during the assessment years of 2017-18 through 2020-21."
In a bid to check generation of domestic black money, the government will soon issue a notification making quoting of PAN mandatory for all cash transactions beyond Rs 200,000.
Tomar had discussed the two proposals with trade unions on June 24 and assured that the government will take at least two weeks to take a decision.
While Satya's pleasures are palpable -- among them the poetry of the coarse language, the mercifully rough-hewn texture, the oh-so-familiar underdog story -- these pleasures hit you at a completely different speed. The movie is charged with a sense of discovery, and every shot is a cornucopia of details existing independent of the main story. It's touching, notes Sreehari Nair.
Their bank accounts have been frozen. State governments have been told to restrict sales and transfers of real estate assets these companies own.
Veena Mani reports.
If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.
The Central Board of Direct Taxes is set to rationalise I-T rules.
EPFO has recently issued Universal PF Account Numbers for 4.17 crore contributing members.
The extension has been given as the government wanted to ensure that genuine beneficiaries who do not have an Aadhaar number are not denied benefits for the lack of the biometric identifier
This is the first time a state is asking for PAN card for two-wheelers
The cancellation of over a million duplicate or multiple permanent account numbers belonging to the same person or entity may have led to the disappearance of many of those who used to file returns earlier, but now no longer exist, says A K Bhattacharya.
However, an official acknowledgment of receiving a valid declaration under IDS (Form-2) will only be given to the concerned entity after a PAN number is allotted to him or her
Agitating junior doctors in West Bengal continued their fast-unto-death for the third consecutive day on Monday, demanding justice for the rape and murder of a woman medic of the RG Kar hospital and workplace safety even as the state government remained silent to address their issues.
Linking all accounts is a difficult and costly task for brokers
SBI Capital, Axis Capital, GMR Holdings, United Breweries, Alpic Finance (a Cipla group unit), Saradha Realty, United Bank of India and Trident India are among the prominent entities named in the list.
The industry is estimated to have incurred a loss of Rs 10,000 crore (Rs 100 billion).
The proposed measures aim to bring stricter norms to curb holding of illegal cash and mismanagement of unaccounted cash seized by the probe agencies during investigations.
This year, the government made quoting of Aadhaar mandatory for filing income tax returns as well as obtaining a new PAN.
DigiLocker, a government initiative for storing documents and verifying credentials online, is gradually replacing the need for paper.
There will be tripartite pact with member, bank/housing agency and EPFO.
There are over 25 crore PAN card holders in the country while Aadhaar has been issued to 111 crore people.
United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.
'Individual beneficiary desirous of availing the benefits under the scheme (PMUY) is hereby required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication,' said a gazette notification issued by the ministry of petroleum and natural gas.
