The rejection of the pleas of the top Congress leaders, including Oscar Fernandes, will pave the way for the Income Tax Department to scrutinise their records for the assessment year 2011-12.
635 declarations of illegal wealth were made in the 3-month compliance window.
Sebi's move to reduce time period required between subsequent QIPs to two weeks would help companies raise capital at regular intervals and time their share sale better.
As on March 31, 2019, while the promoter group's stake, including individual promoter shareholders as well as group investment firms, stood at 42.71 per cent, it fell to 38.39 per cent on Tuesday.
Data localisation, an overarching theme across recent government policy proposals, has been a thorny issue with industry
Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.
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
Cases filed in 3 high courts.
How the Aadhar card would be linked to income tax return is yet not clear
'ADR's success is its ability to remain non-partisan for a very long period, sheer professionalism and tenacity, and that makes it one of the good things to happen to our democracy.'
Banks have reduced their base rate or the minimum lending rate in the range of 0.1-0.5 per cent till April 15.
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
Replying to a query, whether the government has made any assessment of black money stashed by Indians in foreign countries, Jaitley said there is no official estimation of that.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
With markets expected to remain volatile, promoters and lenders exposed to the industrials and materials space can face brunt of the price erosion of the pledged shares.
Total amount in these accounts is estimated to be around Rs 1,500-1,600 cr
Parekh says drafting new I-T law is hindered by the lack of experience.
While Waryam Singh was a non-executive director at HDIL, he is listed as one of the promoters of the company and had relations, including shareholding, with several other entities controlled by the Wadhawans, the HDIL founders.
'Those who come from outside are surprised at the relatively small strength of the RBI supervisory cadre, relative to the needs of the country and the needs of the financial sector.'
The SIT on black money has widened its probe.
FPIs would be classified into two categories instead of three, while the requirements for issuance and subscription of offshore derivative instruments would be rationalised.
Could this reluctance be tied to the family's projection of themselves as the last bastion of the aam-aadmi's interests? Do they fear that a full disclosure of their not-inconsiderable assets would go against their carefully-cultivated pro-poor image, wonders Saisuresh Sivaswamy.
The decision was taken at a board meeting of Sebi held in Mumbai.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.
'I am sure Dr Patra will get the fullest cooperation from the finance minister who needs workhorses, not prima donnas constantly looking to improve their CVs,' says T C A Srinivasa-Raghavan.
If you are making any drastic changes, make sure there is adequate documentation
The combined market capitalisation of the 21 listed PSU banks declined by about Rs 76,000 crore to Rs 425,800 crore during the month.
'When an institution believes its knowledge and capability is superior to everyone, it behaves like a frog in the well.' 'And this is precisely the cause for the mess,' says J N Gupta.
Thanks to Rajan we are an inflation-targeting country now
Public sector banks' need for capital should be used to make fundamental reforms to their governance and management.
Out of these, no balance has been found in case of 289 accounts
More than 1,000 independent directors have quit since January 2017; more could be on their way out
Filing with inadequate disclosure of assets will be liable for prosecution
New ITR form may be simpler, but some changes could stump you.
The 0.5 per cent Krishi Kalyan Cess (KKC) on all services increases the total tax chargeable on services to 15 per cent, making it expensive to dine out or travel.
Non-reporting of overseas income by employers may be categorised as 'abetment' under the Act.
The Sharif group's website claims they are worth $300 million in business and $100 million in real estate holdings
Supreme Court had on October 24 upheld government contention that non-core revenue in telecoms groups should be included in adjusted gross revenue. According to DoT's calculations, Bharti Airtel faces a liability of around Rs 42,000 crore after including licence fees and spectrum usage charges while Vodafone-Idea may have to pay about Rs 40,000 crore.
Compliance window for those with undisclosed income abroad to come clean by paying 30 per cent tax and 30 per cent penalty
