'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
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.
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.
Modi campaigned on the issue of national security, which cannot be ensured without a strong economy.
The money was allegedly diverted by an ATM servicing company in criminal conspiracy with bank officials.
Signing of the pact will hopefully end stock market uncertainty that came with the mention of the M-name
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
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.
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.
Here are five things that fraudsters are likely to say or do that should set the alarm bells ringing in your head.
With cyber criminals becoming savvier by the day, learning how to safeguard yourself is imperative.
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.
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.
Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.
The agency had received intelligence inputs that a huge amount of "unaccounted" cash is lying at the groups properties at Delhi and Noida.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.
A combination of fewer listings and falling 'average daily traded value' contributed to the drag in Q3.
Govt steps up security to check criminals seeking bank details of taxpayers
Stating that its ATM operations are making losses, nation's largest bank SBI has said it is all for charging customers for transactions.
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
The five key components, which are indispensable for any smartphone, cost more than Rs 2,000 even for a budget 3G-enabled 3.5-inch handset.
Though Google's investment is minuscule and will not move the needle, it will attract other investors to the company and be a morale booster. Pursuing Vodafone Idea would potentially pit Google against Facebook and an increasingly dominant Jio.
The majority have stayed away from getting into cash handling.
Reduction in the mandatory minimum contribution and extension to invest in the scheme from 60 years to 70 years has made the National Pension Scheme more friendly, says Anil Chopra, Group CEO & Director Bajaj Capital
Kochhar has been issued a showcause notice by the regulator for alleged violation of the code of conduct.
This move to make it easier for funds to avail of tax exemptions.
You can use gold as a financial instrument to diversify your portfolio into hedging against uncertainties in the market, but for ambitious returns, you must explore opportunities in other asset classes such as equities, debts and real estate, says Adhil Shetty, CEO, BankBazaar.com.
Rana Gurjit denied the charges saying neither he nor his company - Rana Sugars Limited - has any direct or indirect stakes in sand mining business.
Niranjan Upadhye, general manager, fraud risk management, Worldline India, tells you how to quickly spot a scam and save yourself from grief.
Credit card loans and personal loans are two prime examples of unsecured loans that must always be avoided.
Cyber security sleuths have alerted Internet users in the country against phishing attacks from suspect digital signatures which got "unauthorisedly" issued through the state-owned National Informatics Centre.
