To further tighten its control of practising accountants, the Centre has brought within the ambit of the Prevention of Money Laundering Act (PMLA) their "financial transactions" such as operating and managing their client firms and trusts, and buying and selling business entities. The Union finance ministry issued a gazette notification on this on Wednesday. Under the new rule, chartered accountants, company secretaries, and cost and works accountants carrying out such transactions (on behalf of their clients) will now be required to go through the Know Your Company (KYC) process before commencing work.
As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.
Ratan Tata has invested an undisclosed amount in an entity catering to pet care.
Tamil Nadu Bharatiya Janata Party state president K Annamalai on Friday released 'DMK Files' alleging top ministers from the party and Chief Minister MK Stalin's family members had accumulated unaccounted assets.
'EPFO's investments this financial year should be Rs 1 lakh crore'
'Individuals have been found providing money to major terrorist groups, Hurriyat leaders, separatists and stone-pelters in Jammu and Kashmir.'
While the economy seems to be on a firm growth path, the fight against inflation is not over yet. Shaktikanta Das seems to be in no hurry. After playing well through a five-year Test match, he doesn't want to get out hit wicket, observes Tamal Bandyopadhyay.
The court also directed that the NDRF should be trained and equipped to tackle the drought-like situation.
Udaan - India's largest business-to-business (B2B) e-commerce company - has laid off about 180 employees, or 4-5 per cent of its workforce of 4,000, in a move to drive cost efficiency, revealed sources. They said the layoffs have happened across various department functions. The layoffs have happened at a time when the Bengaluru-based firm is trying to turn into a publicly listed entity in 18-24 months.
Wimbledon will allow Russian and Belarusian players to compete at the grasscourt Grand Slam as 'neutrals' this year.
The postponement of major sporting events during the coronavirus pandemic has left some British charities concerned about their survival, representatives have told Reuters, while others are worried about delivering services to vulnerable people.
Wants details of Vijay Mallya transactions over 4 years
The Central Bureau of Investigation has named 10 non-government organisations, including the US-based Omidyar, as accused in the case of allegedly conspiring to illegally facilitate the registration and renewal of Foreign Contribution (Regulation) Act licences.
These jobs don't necessarily require a degree in engineering or specialisation in coding.
Modi denies the charges and was exonerated in an Indian Supreme Court inquiry in 2012.
The Delhi high court on Monday issued a notice to separatist leader Yasin Malik, who is currently serving a life term, on a plea by the National Investigation Agency seeking death penalty for him in a terror funding case.
The draft scheme, seen by PTI, said it will provide an option and a respectable exit route to employees who have reached a level of saturation in their career, may not be at the peak of their performance, have some personal issue or want to pursue their professional or personal life outside the bank.
No process can offer a panacea for ethnic conflict, but there are times at which a legal process could work to defuse violence, asserts Supreme Court lawyer Devvrat.
The World Bank must become Archimedes's lever to help change the world into a more prosperous, inclusive, and sustainable planet in the 21st century. The change in leadership now provides that opportunity, observes Ajay Chhibber.
'This committee underscores the Indian State's longstanding conventional approach to leverage top-down conflict management in North East India in general and Manipur in particular.' 'Trying to 'manage' violent conflicts top-down has not worked in the past, and apparently does not seem to work this time either.'
In her first address to the joint sitting of Parliament as the Budget session began, she said 'Amrit Kaal', described by the government as the 25-year period culminating in the centenary of India's independence, is the time to build an India which is 'aatmanirbhar' (self reliant) and also fulfils its humanitarian obligations.
Allocation of portfolios would be the immediate vexatious issue for the party, with supporters of Virbhadra Singh already feeling sidelined after the elevation of the late chief minister's professed rival Sukhu.
With the reporting of Omicron, a highly mutated variant of SARSCoV-2 virus and its classification as a Variant of Concern (VoC) by the World Health Organisation (WHO), the Union Ministry of Health revised its 'Guidelines for international arrivals', Mandaviya said in a written reply.
A bench comprising Chief Justice DY Chandrachud and Justices PS Narasimha and JB Pardiwala took note of the submissions made by senior advocate Mukul Rohatgi, who appeared in the matter on behalf of Ushodaya Publications, which owns Eenadu, that the GO violated the fundamental rights to equality and freedom of speech and expression.
Makki and other LeT/JUD operatives "have been involved in raising funds, recruiting and radicalising youth to violence and planning attacks in India, particularly in Jammu and Kashmir (J&K)," the sanctions committee said, providing a statement for the reasons of Makki's listing.
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
The EPFO is likely to decide soon the rate of interest on PF deposits for 2013-14, which is expected to be over 8.5 per cent.
It was a unique celebration; there is no other instance where Harijans were feted to celebrate India's Independence, says Prakash Bhandari.
The Centre has imposed a ban on the Popular Front of India (PFI) and several of its associates for their alleged terror activities.
Questioning the claims made by the Centre that it had defaulted in Employees Provident Fund, auto giant Maruti Udyog Ltd on Saturday said it was diligently complying with all relevant acts in respect of its employees.
States have been told to prepare in advance to counter any impact of an adverse southwest monsoon.
As more organisations across sectors awaken to the far-reaching benefits of having skilled data professionals on board, the demand is projected to grow by 28% by 2026, notes Subramanyam Reddy, founder and CEO, KnowledgeHut, a global edtech firm.
Labour Minister Sahib Singh Verma said on Monday that he will try to maintain the present interest rate of 9.5 per cent on Employees Provident Fund for 2003-04.
'There have been many cases where clients have indicated that they feel suicidal as they feel they have no other options to deal with their financial hardship.'
Officials said PFI has been under the radar of security agencies for its alleged role in violent protests in different parts of the country.
On the itinerary: Luxury camping, tribal homestays, heritage cities.
India has said that terror groups like Lashkar-e-Tayiba do not "live on love and fresh air", expressing regret that they receive funds despite being slapped with sanctions by the United Nations, as the world body reaffirmed the need to cut the monetary lifeline of terrorists.
'The BJP's defining character is Hindutva. The party's political strategy is based on a combination of Hindutva+Development.'
Manchester United forward Marcus Rashford has raised over 100,000 pounds ($124,410) to ensure vulnerable children who rely on free school meals every day are still fed now schools are closed due to the coronavirus lockdown.
