News for 'asset declaration'

In poll affidavit, Smriti says she is not a graduate

In poll affidavit, Smriti says she is not a graduate

Rediff.com12 Apr 2019

Irani has said she did not complete her Bachelor of Commerce (Part-I) -- a three-year degree course -- from Delhi University's School of Open Learning in 1994.

If China And India Go To War At Sea...

If China And India Go To War At Sea...

Rediff.com12 Dec 2022

The coming together of the Quad and the Australia-UK-US grouping would be a formidable adversary, moving toward the creation of a 'thousand ship navy' that reins in the PLA navy in the Indo-Pacific.

California declares October as month for Hindu awareness

California declares October as month for Hindu awareness

Rediff.com26 Jun 2013

It was a historic moment for California's Hindu American community, when the senate floor at the Capitol unanimously passed the resolution on Monday designating October 2013 as Hindu American awareness and appreciation month.

BJP nominates 2002 riots accused from Anand LS seat

BJP nominates 2002 riots accused from Anand LS seat

Rediff.com3 Apr 2019

As per the affidavit, he was booked under Indian Penal Code Sections 147 (rioting) 149 (rioting, armed with deadly weapon), 436 (arson), 332 (causing hurt to deter public servant), 143 (unlawful assembly) and 380 (theft).

Monsoon Session: 14 bills ready to be tabled, govt promises discussion

Monsoon Session: 14 bills ready to be tabled, govt promises discussion

Rediff.com17 Jul 2022

After an all-party meeting in New Delhi, Parliamentary Affairs Minister Pralhad Joshi also said that some of these 32 bills have already been discussed by standing committees of Parliament.

4-month window for domestic black money holders to come clean

4-month window for domestic black money holders to come clean

Rediff.com29 Feb 2016

In the last Budget, the government had come out with similar compliance window for people holding undisclosed assets abroad.

Candidates contesting elections have to disclose source of income, rules SC

Candidates contesting elections have to disclose source of income, rules SC

Rediff.com16 Feb 2018

Not just candidates, but their spouses and dependents too have to reveal source of income and assets, observes the apex court.

'Bumrah is a Ferrari'

'Bumrah is a Ferrari'

Rediff.com27 May 2021

'Bumrah is unique and at the moment, he is one of the best.'

Muted response to black money disclosure window

Muted response to black money disclosure window

Rediff.com12 Sep 2016

Assets worth only Rs 4,000 cr declared till mid-August; govt expects pick-up in last 2 weeks

Hinduja family feud: $11 billion empire at stake

Hinduja family feud: $11 billion empire at stake

Rediff.com25 Jun 2020

Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the others as their executors. But now family patriarch Srichand Hinduja, 84, and his daughter Vinoo want the letter to be declared of "no legal effect" and the family's assets be separated as per his wish of 2016.

India's tax regime and the Vodafone problem

India's tax regime and the Vodafone problem

Rediff.com12 Oct 2020

The manner in which India has allowed the rule of law to be subverted for over eight years is tragic, notes former additional solicitor general of India Bishwajit Bhattacharyya.

8 banks recast exposures worth Rs 27,000 cr in OTR 2.0

8 banks recast exposures worth Rs 27,000 cr in OTR 2.0

Rediff.com2 Nov 2021

Personal loans have about 80 per cent share in exposures restructured under regulatory package 2.0 by eight banks who have declared results for the second quarter. The remaining 20 per cent are loans to individuals used for business and credit to MSMEs. The total recast exposure of these banks under One Time Restructuring (OTR 2.0) was Rs 27,708 crore.

Mallya: Take my money, use it to fight coronavirus

Mallya: Take my money, use it to fight coronavirus

Rediff.com15 Apr 2020

A debt recovery tribunal in India ruled that Rs 6,200 crore of Vijay Mallya's dues -- Rs 5,000 crore as principal and Rs 1,200 crore as interest -- was payable. Mallya claims that out of the sum due, Rs 3,000 crore had already been recovered by the claimants.

Return Of 'Committed Judiciary' Or Judicial Over-Reach?

Return Of 'Committed Judiciary' Or Judicial Over-Reach?

Rediff.com23 Jan 2023

Vice President Dhankar's and Law Minister Rijuju's recent interventions have the danger of destabilising the Constitutional equilibrium, cautions N Sathiya Moorthy.

Kotak Mahindra AMC barred from launching new FMPs for 6 months

Kotak Mahindra AMC barred from launching new FMPs for 6 months

Rediff.com27 Aug 2021

Sebi on Friday imposed a penalty of Rs 50 lakh on Kotak Mahindra Asset Management Company (AMC) and barred the fund house from launching new fixed maturity plan (FMP) scheme for six months for violating regulatory norms. The markets regulator has directed the fund house to refund a part of the investment management and advisory fees collected from the unitholders of the six FMP schemes along with a simple interest at the rate of 15 per cent per annum. The case relates to the fund house's investment in certain FMPs. These FMPs of Kotak AMC had invested in Zero Coupon Non-Convertible Debentures (ZCNCDs) issued by Essel Group entities.

Now, TMC demands cancellation of Suvendu's candidature

Now, TMC demands cancellation of Suvendu's candidature

Rediff.com17 Mar 2021

The Trinamool Congress (TMC) on Wednesday demanded the cancellation of the nomination of Bharatiya Janata Party candidate Suvendu Adhikari, who is pitted against West Bengal Chief Minister Mamata Banerjee from Nandigram, as his name also 'seems to appear' in the electoral roll of Haldia constituency.

BJP falls short by one seat in Karnataka Legislative Council polls

BJP falls short by one seat in Karnataka Legislative Council polls

Rediff.com14 Dec 2021

The party bagged 11 of the 25 seats, from 20 Local Authorities' constituencies in the state, for which the biennial election was held on December 10, and counting was taken up today, poll officials said.

Centre may offer an exit window to cryptocurrency holders

Centre may offer an exit window to cryptocurrency holders

Rediff.com12 Apr 2021

The government is considering a provision to provide an exit window to holders of cryptocurrencies (cryptos), keeping in mind that banning them outright could deal a blow to investors sitting on them for years. According to sources in the government, the framework in the making may propose a grace period of three to six months for investors before prohibiting the possession, trading, mining, and issuing of cryptos. A group of secretaries chaired by the Cabinet secretary is learnt to have met in mid-March and discussed issues associated with cryptos, including the consequences of banning them and also on possible substitutes of blockchain technology - an advanced technology Bitcoin uses.

Nitish's son richer than father by over three times

Nitish's son richer than father by over three times

Rediff.com31 Dec 2013

Bihar Chief Minister Nitish Kumar's son Nishant has cash and movable/immovable properties worth nearly Rs two crore to make him more than three times richer than his father, according to the declaration of assets and liabilities by Kumar for the calender year 2013.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

A MUST read for all property sellers

A MUST read for all property sellers

Rediff.com2 Feb 2019

Besides LTCG tax relief, permitting taxpayers to declare two houses as self-occupied brings a huge relief.

Taxman will start looking into financials of poll candidates

Taxman will start looking into financials of poll candidates

Rediff.com7 Jul 2018

I-T officials are also looking into the finances of candidates who contested state elections in Uttar Pradesh, Punjab, Gujarat, and Karnataka, reports Shrimi Choudhary.

RBI asks banks, FIs to gauge impact of coronavirus

RBI asks banks, FIs to gauge impact of coronavirus

Rediff.com16 Mar 2020

The Reserve Bank on Monday asked all banks and financial institutions to assess the impact on their balance sheet, asset quality, liquidity, among others, in the wake of the potential threat arising out of the spread of coronavirus disease in India. Several confirmed cases have also been detected in India, which highlight the need of a co-ordinated strategy for handling the emerging situations to protect the resilience of the Indian financial system, RBI said in a notification addressed to banks, urban cooperative banks, NBFCs, payment and small finance banks.

Black money: Only Rs 3,000 crore disclosures in govt's compliance window

Black money: Only Rs 3,000 crore disclosures in govt's compliance window

Rediff.com1 Oct 2015

A stream of people, including those from Rajasthan and Karnataka, walked into the only designated office before the closure of the one-time compliance window.

8th phase of polling has 177 tainted candidates in the fray

8th phase of polling has 177 tainted candidates in the fray

Rediff.com2 May 2014

Cases range from murder to attempted murder and even rape. Some candidates even face cases of communal disharmony. Vicky Nanjappa reports.

Govt opens compliance window for black money disclosure

Govt opens compliance window for black money disclosure

Rediff.com1 Jul 2015

Those availing the one-time 'compliance window' would be required to pay a tax of 30 per cent and a penalty of a similar amount.

Happy 80th Birthday Pele!

Happy 80th Birthday Pele!

Rediff.com23 Oct 2020

Titled the King, Pele made football and Brazil a household name and Brazilian football, a benchmark.

ASK ANIL: Trading in stocks; how to file IT returns?

ASK ANIL: Trading in stocks; how to file IT returns?

Rediff.com7 Feb 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries

When you should disclose jewelry, cash in your tax returns

When you should disclose jewelry, cash in your tax returns

Rediff.com13 May 2019

Those earning over Rs 50 lakh a year need to disclose all jewellery and cash in their returns, says Tinesh Bhasin.

Vedanta drops cases against govt to settle retro tax dispute

Vedanta drops cases against govt to settle retro tax dispute

Rediff.com13 Dec 2021

Billionaire Anil Agarwal's mining group Vedanta on Monday said it has withdrawn cases in the Delhi high court as well as before an international arbitration tribunal to settle a Rs 20,495 crore retrospective tax dispute with the government. Post slapping of a Rs 10,247 crore tax demand on UK's Cairn Energy Plc for alleged capital gains made on a 2016 internal reorganisation prior to the listing of its India business, the Income Tax Department had sought Rs 20,495 crore in taxes (including penalty) from Cairn India for failing to deduct tax on capital gains made by its British parent. Cairn India was in 2011 bought by Agarwal's group and subsequently, the firm was merged with Vedanta Ltd.

How the Tatas finally brought Maharaja home

How the Tatas finally brought Maharaja home

Rediff.com7 Feb 2022

The Tatas have the know-how to quickly close deals which can otherwise get caught in legal wrangle. In 2018, on the day the National Company Law Tribunal declared Tata Steel as the winner of the bid for bankrupt Bhushan Steel, Bhushan promoter Neeraj Singhal was planning to file for a stay order. He did get the case listed for the following day, but the judge did not admit it, deferring it until the following week. The Tatas used the narrow window of 48 hours to close the deal and take control of the company.

Govt banks may go after personal guarantors of bad loans

Govt banks may go after personal guarantors of bad loans

Rediff.com27 Aug 2020

The finance ministry has asked public sector banks to monitor cases where insolvency proceedings could be initiated against individuals who are guarantors of corporate debtors that have defaulted on loans.

Sasikala released from prison after serving 4-yr term

Sasikala released from prison after serving 4-yr term

Rediff.com28 Jan 2021

Expelled All India Anna Dravida Munnetra Kazhagam leader V K Sasikala was set free on Wednesday by authorities after she completed four years imprisonment in a jail here in a case of disproportionate assets, setting off celebrations by her supporters in Tamil Nadu and Karnataka.

Black Money Act: I-T initiates action in 13 new cases

Black Money Act: I-T initiates action in 13 new cases

Rediff.com11 Dec 2018

Undisclosed foreign assets and funds worth Rs 350 crore detected; these are separate entities from those featured in Panama Leaks and Paradise Papers

Mehul Choksi: 'I want to clear my name'

Mehul Choksi: 'I want to clear my name'

Rediff.com20 Jan 2022

'I was shocked by the kidnapping episode. I could have lost my life.'

NCLAT to hear Dutch court administrator in Jet case

NCLAT to hear Dutch court administrator in Jet case

Rediff.com12 Jul 2019

Jet is facing insolvency proceedings in the Netherlands as well where it was declared bankrupt after it failed to pay two European creditors.

Black money disclosure to be online

Black money disclosure to be online

Rediff.com3 Jul 2015

The government notified the compliance window under the Act.

Govt won't reveal disclosures under black money window

Govt won't reveal disclosures under black money window

Rediff.com4 Sep 2015

The black money law provides for tax and a penalty of 120 per cent of assets' value.

NCLT initiates bankruptcy proceedings against Anil Ambani

NCLT initiates bankruptcy proceedings against Anil Ambani

Rediff.com21 Aug 2020

Anil Ambani had given a personal guarantee to the loans given by SBI to Reliance Communications and Reliance Infratel in August 2016.

Sensex sinks 486 pts led by losses in index majors

Sensex sinks 486 pts led by losses in index majors

Rediff.com8 Jul 2021

Tata Steel was the top loser in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ICICI Bank, SBI, Kotak Bank and Dr Reddy's. NSE Nifty dropped 151.75 points to 15,727.90.