Former Indian prime minister Manmohan Singh continues to enjoy immunity in an alleged human rights violation case filed against him in a United States court even though he is no longer the head of the State, the US department of justice has said.
The New Okhla Industrial Development Authority (NOIDA) will soon have to return a huge chunk of prime land along the UP-Delhi border, to Uttar Pradesh irrigation department from which it was transferred to NOIDA during the previous Bahujan Samaj Party regime headed by Mayawati.
The US government has removed a regulation proposed by former president Donald Trump's administration that sought to narrow the definition of "specialty occupation" under the H-1B visa regime. The change comes as a relief for Indian information technology firms, which are among the largest users of such visas. "The Department of Homeland Security (DHS) has formally vacated a regulation that would have redefined the H-1B specialty occupation, restricted off site placement of H-1B employees, and otherwise increased employer compliance obligations. "The vacatur follows a federal court ruling that set aside the regulation because the agency did not have good cause to bypass notice and comment rulemaking, in violation of the Administrative Procedures Act," explained immigration law firm Fragomen.
Go cashless. Go clean, say I=T to people.
Maharashtra Congress accused the govt of being biased against the state, and claimed that it was planning to reduce the importance of Mumbai as the financial capital.
The Obama Administration has appointed Secunderabad-born Suresh Kumar, currently president and managing partner of KaiZen Innovation, LLC, a management advisory firm that specializes in installing global marketing processes and programs, based in Princeton, New Jersey, as Assistant Secretary of Commerce and Director General of the United States and Foreign Commercial Service.Kumar said that he was a sports commentator and anchor for Doordarshan.
Ro Khanna, 32, has been appointed by President Barack Obama as the new deputy assistant secretary of commerce for domestic operations of the United States and Foreign Commercial Service, International Trade Administration at the US Department of Commerce.He is the first Indian American to be named for a senior position in the Department of Commerce in the Obama administration, whose portfolio will have a direct impact on US-India trade and commercial ties.
Prasad also said India will be a $1 trillion opportunity for digital companies in five years
Meeting one of the long pending demands of Sikhs and Hindus in the United States, Attorney General Eric Holder has recommended widening the Federal Bureau of Investigation's mandate to include the two communities among victims of growing hate crimes. Testifying before the House Judiciary Committee on Wednesday, Holder said he made this recommendation to the Advisory Policy Board of the FBI to make the necessary changes in the Uniform Crime Reporting in this regard.
The new Diageo management had asked Vijay Mallya to step down.
The IT sleuths recovered 'incriminating' documents from the premises of Vijayabaskar and others, officials 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.
Cairn faces a potential tax demand on an alleged Rs 24,500 crore of capital gains it made when in 2006-07 it transfered all its India assets to a new company, Cairn India.
According to sources in the Excise department, the Sahara Airlines, while submitting opinion of its Chartered Accountant on service tax, had allegedly backdated it to 2003 in which it was stated that Rs 1442 crore (Rs 14.42 billion) income from advertising services provided to its group company was not taxable under advertising services.
Internet search giant Google has sued the US Department of the Interior alleging that the federal agency favoured rival Microsoft while considering bids for e-mail and collaboration software for its 88,000 employees.
With recent issues from state-run companies receiving lukewarm response from the markets, the government has downscaled its divestment programme this year, restricting it to a maximum of eight companies.
In the aftermath of the worst massacre of Sikhs in the history of the United States, when on August 5, 19 influential US Senators, led by California Democrat Senator Dianne Feinstein, have written to US Attorney General Eric Holder, urging the Justice Department to track hate crimes against Sikhs.
According to an official in the finance ministry, Pushkar, if an employee of Rendezvous, would have to pay 33 per cent perquisite tax. Otherwise, she is liable to pay gift tax under section 56 of the Income Tax Act, since the shares were given to her without taking any consideration (compensation). "The value of shares will be determined by a merchant banker if it is a perquisite tax," the official said.
The Income Tax department on Friday moved the Delhi High Court seeking "directions/clarifications" of the December 12 order by which the assets of mobile phone handset maker Nokia in India were defreezed.
Tax officials saidsome instances of "asset transfers" are also under their scanner
The sleuths of the department seized over Rs 4 crore in new currency, mostly in denomination of Rs 2000, some notes of Rs 100, demonetized notes of Rs 500 and a few gold biscuits
The note guides taxman to avoid seeking voluminous details.
Underemployed freelancers and involuntary part-timers are hidden casualties of the deepening recession.
Each dept could handle a designated area.
The suggestion is to introduce a "capital transaction tax" based on the "circle rate" of the state in which the deal is registered.
Maharashtra Governor K Sankaranarayanan has sent 60 representations and petitions received by him from various individuals and organisations, both seeking and opposing clemency for Bollywood actor Sanjay Dutt to the state home department.
The sources said the taxman has initiated a country-wide operation to identify suspect bank accounts where huge cash deposits have been made post November 8.
The BCCI said it will grant amnesty to registered players who voluntarily declare any age fraud but those found to be in breach of the unusual scheme could be slapped with a two-year suspension. The measures will be applicable to all cricketers participating in the BCCI's age-group tournaments from the 2020-21 season onwards.
Personnel of Kerala police and the forest department's Crime Investigation Team, probing the incident which triggered widespread outrage especially on social media, visited the spot and collected evidence, he said, assuring that all concerns raised will not go in vain and justice will prevail and the culprits brought to book.
Multinational companies operating in India will soon have to disclose details of their operations at the country of residence and their revenue income to the Income Tax authorities.
The condition of Lance Naik Hanamanthappa Koppad, the Siachen braveheart who defied death for six days buried under snow, has deteriorated, the army said on Wednesday as a team of experts from the All India Institute of Medical Sciences joined in the efforts save his life.
As part of efforts to boost revenue collection, CBDT has asked the Income Tax Department to monitor cases of over five lakh taxpayers who have not filed their latest tax returns.
Key points from the independent commission of the World Anti-Doping Agency (WADA) report, released on Wednesday, and from comments made by co-author of the report, Dick Pound at a news conference.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.