I-T officials are also looking into the finances of candidates who contested state elections in Uttar Pradesh, Punjab, Gujarat, and Karnataka, reports Shrimi Choudhary.
Gold bullion purchases across Asia slowed this week as a long rally in prices discouraged buyers.
Cap on bank withdrawals to be reviewed after Dec 30, says finance secy.
'My point to everyone is, look, if you have an opportunity to alleviate the pain, you should do it, period. And if you don't, you're going to lose credibility worldwide'
The Tax Administration Reform Commission submitted report to Jaitley in June 2014.
'You need to be careful about this.' 'Growth without fundamental principles is like fat.' 'Growth with good base and fundamentals is like muscles.'
Taking the first step towards launch of online PF transfer claim facilities, retirement fund body EPFO has unveiled the revised transfer claim form for the purpose.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
For large numbers of employees in the government system, the month-end salary cheque is no longer guaranteed. So the days of the government and State-owned enterprises wanting to be ideal employers are over, observes T N Ninan.
The department gets data of high-value transactions under the Annual Information Return.
The intelligence wing of Central Board of Excise and Customs has 532 officers and staff, he said, adding, the staff strength of DRI will double when cadre review is completely rolled out.
I-T heat on thousands of firms for unusual cash deposits.
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Currently, there is no standard method for arriving at the value of gold accepted as collateral and valuation is arbitrary and opaque.
RediffGURUS Ashwini Dasgupta, Anu Krishna, Dr Karthiyayini Mahadevan and Jinal Mehta answer queries from Rediff readers.
A bench headed by acting Chief Justice Vipin Sanghi, which was hearing a petition against the allegedly obnoxious posts on Maa Kali by user 'AtheistRepublic', directed Twitter to explain how it undertakes the blocking of accounts.
The new office will have its base in the national capital.
The I-T department expects that some more revenue would be garnered.
Musk has not yet offered details about how his content moderation council will work.
Siddharth Anand's artistry bespeaks an upbringing filled with GI Joes, plastic combat boots and plastic bayonets, fake punching noises and fake sounds of gunshots, rudely interrupted by an adult voice saying, 'Beta, all this is good, but try bringing in some feelings too', observes Sreehari Nair.
Manipur Police has registered a first information report (FIR) accusing the Assam Rifles of blocking their vehicle after an altercation between the two groups last week, while the state unit of the Bharatiya Janata Party requested Prime Minister Narendra Modi to replace Assam Rifles 'by any other paramilitary force permanently' from the state.
New offerings by banks are changing the way you transact.
Those people without the Aadhaar number have found a loophole in the system
But mobile wallet companies say many consumers are not ready to give out their PAN
Information gathered from a person's social media account will be matched with his or her declared income.
The government has also developed a PAN activity monitoring.
The project is expected to be activated by the end of this month.
The fledgling Akasa Air has told the Delhi high court it is in a "state of crisis" following the "sudden and abrupt" resignation of over 40 pilots who left the airline without serving the mandatory notice period. The airline and its CEO Vinay Dube approached the high court with their petition on September 14, seeking a direction to the Directorate General of Civil Aviation (DGCA) to take coercive action against these pilots for their "irresponsible actions". The high court has fixed the plea for hearing on Friday.
Apart from Modi, Jaggi Vasudev to address 2-day tax officers' conference
Orders for the festive season abroad begin from next month.
An Indian Army soldier was injured after armed miscreants resorted to unprovoked firing from Kanto Sabal towards Chingmang village on the intervening night of June 18-19.
The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
China's population in 2022 -- 1.4118 billion -- fell by 850,000 from 2021, the National Bureau of Statistics (NBS) said.
Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.
As large-scale layoffs begin at Facebook's parent company Meta, employees on work visas such as H-1Bs are now faced with uncertainty over their immigration status, with CEO Mark Zuckerberg acknowledging "this is especially difficult if you're here on a visa" and offering support to those impacted. Meta announced that it is laying off 11,000 employees or 13 per cent of its workforce, with Zuckerberg describing it as "some of the most difficult changes we've made in Meta's history." US-based technology companies hire a large amount of H-1B workers, the majority of whom come from countries such as India.
India has voiced deep concern over the deteriorating security situation and large-scale loss of civilian life in the ongoing Israel-Palestine conflict, urging the parties to work towards creating conditions necessary for peace and restarting direct negotiations through de-escalation and ending violence.
A downturn in Indian demand could hit global gold prices.
India has abstained on yet another resolution involving Ukraine, this time a motion sponsored by Russia at the United Nations Security Council (UNSC) that sought to establish a commission to investigate claims by Moscow that the United States and Ukraine are carrying out 'military biological activities' in laboratories in Ukraine in violation of the biological weapons convention.
The best way to curb gold demand is by reducing black money in circulation.
The government managed to raise revenues by sending notices to high net individuals to did not file I-T returns last year.
