The tax department will analyse mismatches in income declarations and spending patterns to trace tax evasions and black money.
For ageing parents it is crucial to make a water-tight will.
Stocks of companies where promoters have pledged a high percentage of shares, like the Zee group, can be volatile. Such stocks are also prone to rumours, reports Sanjay Kumar Singh.
'We have not issued notices randomly.' 'We have done the risk profiling of individuals, and sent to those whose profile has not matched with their declared income.'
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
Sanjay Gulati, a resident of suburban Oshiwara, went to a protest march held outside a city court on Monday morning and had been under stress because of his deposit being stuck.
The Enforcement Directorate (ED) had also published in leading dailies the court-issued proclamation against Mallya for appearance before the special PMLA court.
Activist Arvind Kejriwal on Friday demanded that BJP chief Nitin Gadkari and Robert Vadra declare all their business interests and details of their land assets in the country.
The saffron party received Rs 460.78 crore while the Congress got Rs 186.04 crore.
The onus to explain that the gold jewellery was inherited or bought from known sources of income would be on the owner.
Seeking to wriggle out of the FATF's grey list, Pakistan has imposed tough financial sanctions on 88 banned terror groups and their leaders, including Hafiz Saeed, Masood Azhar and Dawood Ibrahim, by ordering the seizure of all of their properties and freezing of bank accounts, a media report said.
The Central Board of Direct Taxes has said the government has not introduced any new provision regarding the chargeability of tax on jewellery.
Realising that his first appeal to his cabinet colleagues for voluntary declaration of their assets had fallen on deaf ears, Uttar Pradesh Chief Minister Akhilesh Yadav has now issued a code of conduct for all his ministers. He has urged them not to accept any gift worth more than Rs 5,000.
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.
As polling begins on Friday for the remaining 25 Rajya Sabha seats in six states, here's a list of some of the bigwigs who are seeking to be elected to the Upper House of Parliament.
The IPL uses this system for players' auction.
'We don't need to hinge India-UK relations on shared hostility toward China,' observes Ambassador M K Bhadrakumar.
Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.
When the highest court gave a decision on the Navtej Singh Johar case, it held that LGBT citizens have a right to not be discriminated against on the basis of their sexual orientation. It was keeping this in mind that this same sex couple approached the Delhi high court.
All guns blazing, Modi on Saturday mounted a scathing attack on the Congress over corruption, and asserted it will become "Punjab, Puducherry, Parivar" Congress after its defeat in the Karnataka assembly polls.
Congress leader Kripashankar Singh, accused of amassing disproportionate assets, has been booked under the Arms Act for allegedly possessing bullets beyond permissible limits, and declared as a wanted accused, police sources said on Saturday.
Robert Romawia Royte of the Mizo National Front has declared assets of Rs 55 crore, owns a popular football club and has a fleet of luxury cars.
'The picture only looks worse from where Bajwa sits.' 'He sees a domineering India to the east, an unravelling Afghanistan and a complex Iran to the west, an overbearing China on the north and a US which is no longer an ally,' observes Shekhar Gupta.
The income-tax department has created various functionalities under its Project Insight, which will provide the 360-degree profile of taxpayers, including new and non-filers to gauge their accountability and tax liability. The tax department had on March 15 put out instructions for tax officials for accessing the insight.
The PMLA court in Mumbai has sought their appearance on September 25 (Nirav Modi) and 26 (Mehul Choksi) respectively under the fugitive economic offender law.
It is now certain that the director general of Andhra Pradesh police V Dinesh Reddy is on the way out. A day after the state government made it clear that his term will not be extended when he reaches the age of superannuation on Sunday, the Central Administration Tribunal has rejected his petition challenging the state government's stand.
A 'trend analysis' has shown that the target base for the special exercise would not be very large.
"When it comes to economic matters, state governments have a far bigger role to play. Whether it is acquiring land for a major project or issuing a licence to a private university, the role of the state government has become very important. MLAs are bound to be natural beneficiaries of this heightened economic activity."
Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
Bahujan Samaj Party supremo Mayawati may have lost the assembly elections in Uttar Pradesh but the defeated chief minister's wealth as declared has jumped to Rs 111 crore, a 25 per cent increase in the last two years.
The perpetrators of the 2008 Mumbai attack, who shot dead 166 people, had confessed to details that should have been enough to hang him, but Pakistan enjoyed his anti-India rhetoric and let him spread his tentacles. A revealing excerpt from Khaled Ahmed's Pakistan's Terror Conundrum.
Many claim they fear witch hunts for disagreeing with those in power.
The bench said it was necessary that question of 'judicial independence is accounted for in the balancing exercise' with RTI.
Banks recovered Rs 18,933 crore (Rs 189.33 billion) worth of bad loans during the April-December period.
S&P BSE Midcap and the S&P BSE Smallcap indices gained 2% and 1.6% respectively
The Congress on Wednesday charged Yoga guru Ramdev and social activist Anna Hazare of having a "hidden agenda" to destabilize the Congress-led United Progressive Alliance government at the Centre.
Congress' Rapolu Ananda Bhaskar could be an odd man out in Parliament when he enters its portals soon. A post-graduate in psychology, Bhaskar could well be ranked as the poorest Member of Parliament not just in Andhra Pradesh but in the country as well when elected.
Apart from Modi, Jaggi Vasudev to address 2-day tax officers' conference
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