The income-tax department on Thursday nudged black money holders to make "honest" disclosures under the tax amnesty scheme -- Pradhan Mantri Garib Kalyan Yojana -- warning that non-declaration could attract 77.25 per cent tax and penalty along with prosecution.
The agency also alleged that Deshmukh exercised undue influence to pass favourable transfers and postings of the police officials.
Foreign travels could come under closer watch of the income-tax department from the next fiscal year.
Missing the deadline for filing Income Tax returns can lead to consequences.
For the first time, PSU banks will have a non-executive chairman, giving operational responsibility to managing director and chief executive officer.
She has been called again on Wednesday for a fresh round of grilling.
The Gujarat government's competitive examination for the recruitment of junior clerks was cancelled hours before it was scheduled on Sunday after its question paper leaked, officials said.
GPS devices will enable real-time money transactions
Getting locked into instruments before the new regime kicks in would be a good strategy.
'Khalistan would have been in existence today, but for the army.'
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
This mindless medley of products does not create choice.
While payments banks surely lose money, their operating ratios were looking better in 2017-18 compared to the year before. This implies that as customer volumes start picking up, the business models may perk up too, says R Jagannathan.
Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline. Investors should lock in to instruments offering higher returns.
'The CoA feels that if David has declared and is not taking remuneration from India Cements, he is not in conflict'
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
You can build your own retirement savings portfolio by investing in equity, hybrid and/or debt funds. Alternatively, you can also invest in retirement funds which provide asset allocation solutions for different investment needs and risk appetites, says Dwaipayan Bose
A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.
Over 4 mn bank accounts could be dormant, suspects tax department.
The action came after Amit Shah accused Teesta of giving baseless information to the police about the 2002 Gujarat riots.
The advantage of leasing is that you can get a new car every few years. You can also get to drive a high-end car without paying its entire price.
This time, the linking of the Aadhaar number with of a taxpayer has been made mandatory for filing of an ITR, beginning July 1.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
TMFs invest in a public index, so investors know beforehand which instruments the fund will invest in.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
The Supreme Court on Wednesday asked a special court in Ghaziabad, which has summoned journalist Rana Ayyub in a money laundering case lodged by the Enforcement Directorate (ED), to adjourn the proceedings scheduled for January 27 to a date after January 31.
The Delhi High Court on Tuesday directed the setting up of a three-member Committee of Administrators (CoA) to take over the affairs of the Indian Olympic Association (IOA).
The continuing fiscal stimulus is heavily tilted towards capex, to the extent that it chips away a part of revenue spending. Accounting for other areas of revenue expenditure, such as salaries, pensions, subsidies and defence (committed spend), the room to spend on welfare schemes, health and education will narrow in FY22.
'Amritpal is the creation of journalists and the inaction of the government in Punjab.'
If new goals have emerged, this is the time to make fresh investments.
Tax Guru Anil Rego answers your personal income tax queries.
Sources claimed that Singhal was "evasive" in her replies and hence was arrested.
People can deposit idle gold with authorised agencies and take advantage of the price escalation of gold as well as earn interest on the deposit.
Felcy Pinto, who works as HR coordinator, tells us how she is preparing for the difficult days ahead.
Use this window to lock into bank FDs; unless govt cuts small savings rates, banks may not cut deposit rates
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.
ICICI bank waives ATM charges.
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