Sebi found a typical pattern in trading of shares of these companies.
The very design of the GST will bring in revenue buoyancy.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
The ED case has been booked under the Prevention of Money Laundering Act (PMLA) and the agency will record the statement of the accused. The central agency will investigate if proceeds of crime were generated by the accused by laundering of funds that were earned through the alleged gold smuggling racket.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
The court also questioned how Amrapali Group could mortgage the entire projects and secure loan worth thousands of crores of rupees from banks when it was only an agent to develop the property.
'I was shocked by the kidnapping episode. I could have lost my life.'
If net forex outflows turn out to be relatively high in the next few years, the rupee could depreciate beyond Rs 80 to a dollar by 2022. The causal reasons could, for example, include unmet expectations of FPI and FDI investors about the performance of the Indian economy, sharp rise in prices of imported oil and decrease in FX remittances. The RBI has to ask itself whether guaranteeing future rupee-dollar exchange rates on FX forward contracts is a reasonable way to use its risk-bearing capacity, says Jaimini Bhagwati.
The money was paid to Mallya in two tranches in his offshore accounts.
Congress leader Rahul Gandhi was questioned for over 10 hours by the Enforcement Directorate in a money-laundering probe linked to the National Herald newspaper and was called to depose again on Tuesday, as his party protested across the country, alleging that the Centre was targeting the Opposition by misusing agencies.
'Given the past record, no one will be prosecuted, especially since the beneficiaries comprise the most powerful people in the country. They will pay a fine and be let off.'
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
APAs are part of govt's aim to move to a non-adversarial tax regime.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
.jpg)
This is the third meeting between the two parties, including one in which the Company Law Board had taken part.
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
Banks are in need of government support to manage the stressed assets
If the account in a foreign bank has income undisclosed to income tax authorities, or has funds from illegal sources, the account can be declared illegal, under the Fema.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
This route accounts for Rs 2.75 lakh crore of FPI holdings.
Passage of the long-pending Goods and Services Tax bill and a unanimous resolution on Kashmir were the highlights of the "highly productive" Monsoon session of Parliament which was adjourned sine die on Friday after 20 sittings.
The tax dept has served notices on about 36 foreign investors.
Modi campaigned on the issue of national security, which cannot be ensured without a strong economy.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
The money was allegedly diverted by an ATM servicing company in criminal conspiracy with bank officials.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Signing of the pact will hopefully end stock market uncertainty that came with the mention of the M-name
This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
Amazon's fulfilment centres, which store products of hundreds of vendors selling on the American online major's platform, are being cited by Karnataka state government authorities as a primary concern in an ongoing tax dispute.
The assignment was earlier given to global audit firm EY. But it has now been reassigned owing to 'certain conflict of interest', the Bengaluru-based company said.
With cyber criminals becoming savvier by the day, learning how to safeguard yourself is imperative.
Here are five things that fraudsters are likely to say or do that should set the alarm bells ringing in your head.
The Congress unit described Ramesh's suicide an outcome of "targeted harassment" of their rank and cadre to keep them away from the party.
Changes in threshold not to have a significant revenue impact, say officials
The draft report of the committee contains 27 suggestions for amendments under the I-T Act and eight for reform through administrative instructions.
A proposal for creation of seven Customs Overseas Intelligence Network units is pending with the Ministry of External Affairs.
There is immense pressure on Biyani to go ahead with the RIL offer after FRL defaulted on its interest payments of Rs 100 crore on July 22.
