In an online chat with Rediff.com readers, G Srikanth, partner, GSV Associates, chartered accountants, Chennai and member of the Institute of Cost and Management Accountants, answered queries about the new income tax proposals mooted in the Union Budget 2020-2021.
It said the sleuths have recovered Rs 14.6 crore of "unaccounted" cash and seized diaries and computer files of suspect payments made between Madhya Pradesh and Delhi.
Official is accused of taking a bribe of Rs 2 cr to issue order in an appeal favouring Balaji Trust
'Modi should arrest Anurag Thakur, Kapil Mishra and Parvesh Sharma.' 'These leaders were instigating mobs and spreading hatred and they must be thrown in jail.' 'I had seen dreams of a new India under Modi, but now I am disillusioned with him.'
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
A N Shanbhag explains issues related to long-term capital gains and equity.
What if you could have an option apart from personal loan in times of crisis?
He said the plea pertained to his liberty, which was 'illegally curtailed'.
The government said on Wednesday that it has sought law ministry's opinion on the sale of Centaur Hotel in Mumbai. \n\n\n\n
One out of every two Indians would have Aadhaar number by the middle of 2014, UIDAI Chairman Nandan Nilekani has said as he underlined the unique attributes of the identification system that will lead to public sector reform and governance transformation.
Verdicts paving the way for construction of a Ram Temple at Ayodhya and India's multi-billion dollar Rafale fighter jet deal with France were 2019's landmark imprints of the Supreme Court, which also found itself at the centre of a controversy with then Chief Justice of India Ranjan Gogoi being accused of sexual harassment before getting the clean chit.
The total number of states in the country will be now 28 while the total UTs will go up to seven.
Real estate investment trusts may not be attractive enough.
The momentum created by the landslide victory of the ruling party should be utilised to carry forward reforms in the legal field, says M J Antony.
The Supreme Court put an end to the investigation monitored by it against former Mumbai Congress chief Kripashankar Singh and his family members for allegedly amassing disproportionate assets and left it to the trial court to consider supplying final report to activists on whose public interest litigation the probe was ordered.
While Delhi boasts of one of the best metro systems in the world and decent infrastructure, reckless construction, legalising unauthorised colonies, and the worsening water and air quality dent its image of being a robust cosmopolitan city.
It is best to invest long-term surplus in stocks or equity mutual funds.
In a separate tax case, the Supreme Court had ordered Nokia India on March 14 to give a Rs 3,500 crore or Rs 35 billion guarantee before it transfers the plant to Microsoft.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Group Captain Murli Menon (retd) reveals how India can neutralise the Pakistan air force's combat capabilities without firing a shot.
China Construction forms consortium with Gurugram-based realty developer Tulip Infratech for road projects in India
A senior ruling Akali Dal leader of Punjab and two other persons from the state, who were allegedly been kidnapped in Hong Kong where they went to finalise a land deal, have been freed unharmed and the prime accused in the case arrested, police said.
The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
More than 10 senior bureaucrats in Maharashtra, including some who have retired, owe the state government over Rs 44 lakhs for overstaying in official accommodation after service or post transfers, an RTI query has found.
Senior Congress leader Digvijaya Singh married television anchor Amrita Rai.
The necessary formalities were being completed in Jammu as well as in the national capital before the probe agency, which has been credited with breaking the nexus between stone-pelters and separatists in Jammu and Kashmir, takes over the case, officials said.
As soon as he entered his barrack, Rahul noticed a group of seven inmates seated on their mattresses under the television set. They must be the terrorists, Rahul thought to himself. He knew that such accused are usually housed in murder barracks, far from jingoistic gangsters, who tend to abuse and attack them. A fascinating excerpt from Gangster On The Run: The True Story Of A Reformed Criminal.
In the previous Budget, the government had come out with a similar scheme.
Kharola leads from the front. As a team player, he also uses technology to improve processes whether it is training or assessing metrics, a key trait that would help to improve service quality of the national carrier.
Chidambaram said that if the government is of the view that Karti has alleged undisclosed assets he would ask it to make a list in this regard and his son will voluntarily execute any document necessary to transfer such assets to it for a nominal consideration of Rs 1.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
A bench headed by Chief Justice H L Dattu agreed to hear the CBI's two petitions on reopening of the court after the Dussehra break.
The Central Bureau of Investigation is likely to file chargesheet against diplomat Devyani Khobragade and her father Uttam Khobragade in the Adarsh Housing scam for allegedly acquiring a flat on the basis of false affidavit.
The 92-year-old monarch's accounts released on Thursday showed the public funds used by her for official expenditure and duties went up from 41.9 million (Rs 377 crore to 47.4 million (Rs 426 crore).
The finance ministry is seeking to speed up deals with outside investors.
Jaitley said the Congress leaders created a 'Chakravyuh' for themselves through a series of financial transactions where tax-exempt income of a political party was transferred to a real estate company.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances