Anil Rego, CEO, Right Horizons, answers your personal income tax queries
After the Satyam scam, the role of chartered accountants has come into focus again. This time the Income Tax Department has found that CAs have given false certificates, enabling Non-Resident Indians and foreign nationals to evade taxes in India.
The Indian Institute of Chartered Accountants in Mumbai dismissed the batsman's claim for Rs 22 lakh.
Cricket Australia chief James Sutherland has dismissed the players' demand for a pay-hike for the hectic international schedule that awaits them next season, saying the increased workload follows a "holiday period" due to postponements in the past one year.
Cricket Australia is considering the prospect of turning its four-match Test series against India later this year into a five-Test series as it continues looking for ways to compensate the financial losses caused by the coronavirus pandemic. India's tour of Australia will begin with a T20 tri-series in October and is scheduled to end with a four-match Tests series in December. In between there is the T20 World Cup, scheduled for an October 18 start, but the mega event's future is also shrouded in uncertainty due to the global health crisis.
The Australian government on Wednesday granted travel exemptions for Aaron Finch and his men, Cricket Australia (CA) said while announcing a 21-member squad for the team's first international tour since the coronavirus outbreak began.
The Australian Test team will be without a captain for the next 15 years if the country's cricket administrators are looking for someone with a 'perfect' and unblemished record, said former skipper Michael Clarke.
India's batsmen got a much-needed workout ahead of the Test series against Australia, putting up 375 runs in 90 overs, before their two-day tour game against Cricket Australia XI ended in a draw at the Glenelg Oval in Adelaide on Friday.
Cricket Australia will be understanding of players who feel uncomfortable about playing in the wake of the death of Phillip Hughes when the rescheduled India Test series starts next week, chief executive James Sutherland said on Tuesday.
Joining the chorus of its players to get cricket in the list of Olympic events, Cricket Australia said that both cricket and the Games would benefit if the sport becomes a part of the quadrennial extravaganza.
As vice-captain, 28-year-old fast bowler Pat Cummins would be the obvious choice to replace Tim Paine. His appointment would enable a rapid transition with the start of the Ashes series against England only three weeks away.
Cricket Australia termed 'arrogant' and 'controlling' in stinging review report
The ICC said Australia and India would host T20 World Cups in 2021 and 2022 but it was undecided who would host which.
At least one person was killed and 12 others injured on Tuesday when the police opened fire to disperse angry anti-government protestors in Sri Lanka's southwestern region of Rambukkana, officials said.
Former Australia captain Steve Smith will serve out the remainder of his 12-month ban from international and state cricket recuperating from surgery on his injured elbow, Cricket Australia (CA) said on Saturday.
Jharkhand mining secretary Pooja Singhal, earlier arrested and remanded to the custody of the ED in a suspected money laundering case, was suspended by the Jharkhand government on Thursday, an official said.
Mitchell Starc feels the regulation will not have much affect in the limited overs formats.
India's largest carrier IndiGo will cut 20 per cent of its flights due to lower demand as a rapidly spreading coronavirus upends the recovery of air travel. The airline was operating around 1,200 flights as on Saturday. Other airlines are being forced to cancel flights as states tighten restrictions to combat the spread of the virus, and people are dropping last-minute travel plans. Airlines carried 2,518 passengers on 260,251 flights on Saturday, compared to 2,794 passengers on 358,856 flights the day before.
Australian players will not travel to Bangladesh for a two-test tour starting this month until the pay dispute between them and the sport's national governing body is resolved, captain Steve Smith said on Tuesday.
Airlines flying in from any airport in China including Hong Kong have been asked to make in-flight announcements requesting passengers with history of fever and cough and travel to Wuhan city in the past 14 days to self-declare at the port of arrival in order to facilitate early isolation, according to an official statement.
Duo to serve out bans in full, deems Cricket Australia
Langer's tenure culminated in a 4-0 thrashing of England in the Ashes serie
The central government has agreed in-principle to Air India employees' main demands. It fears an industrial dissension now could impede the process of privatisation. It has agreed to bear the cost of liquidation loss on account of transfer to the Employees' Provident Fund Organisation (EPFO) from company-owned trusts, inclusion of employees in the central government health scheme (CGHS), and encashment of leaves. The template of the Air India process will be followed for other public sector undertakings up for privatisation at a later date.
The case of suspected anthrax infection came to notice after the death of a jackal at the Nandanvan zoo at the outskirts of Raipur.
Former skipper Smith and vice-captain Warner were banned for a year, and Bancroft for nine months after Cricket Australia (CA) held them guilty of conspiring to "change the condition of the ball" in last week's third Test against South Africa.
The Australian Cricketers' Association set up a business to manage and market players' intellectual property should they be unable to strike a pay deal with the national cricket board.
Jadeja, who suffered a concussion during the first T20 international, also sustained a hamstring injury which ruled him out of the first Test.
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.
Batsman Nic Maddinson has withdrawn from Australia A's match against Pakistan on mental health grounds, Cricket Australia said on Saturday.
Cricket Australia on Thursday announced separate 12-man squads for the first two One-dayers against Pakistan so that more national players could turn up for their domestic sides in the finals of the Big Bash tournament.
Cricket Australia (CA) have appointed Nick Hockley as interim CEO to replace Kevin Roberts, who resigned this week after months of criticism over his leadership, but the board will conduct a global search for a permanent boss.
ICC said last week it was still planning for the tournament according to its Oct. 18 - Nov. 15 schedule, despite a global shutdown of sport to contain COVID-19. But it would be a 'logistical nightmare' due to the coronavirus pandemic.
The Australian cricket board confirmed on Friday there would be no eleventh hour breakthrough in a bitter pay dispute with the players' union, leaving more than 200 leading cricketers uncontracted and the fate of future tournaments in limbo.
Cricket Australia has made an attempt to lure away its key players from the lucrative Indian Premier League by offering them multi-year central contracts, a report has claimed.
Former Australian pacer Nathan Bracken has accused Cricket Australia of negligence, arguing their doctors and lead physiotherapist can't provide "competent" medical advice to elite athletes.
The International Cricket Council seemed to have mend fences with the Board of Control for Cricket in India as president Anurag Thakur is now officially a part of the powerful Finance and Commercial Affairs after completion of its board meeting, in Cape Town, on Friday.
Play was halted for a few minutes on the fourth day of the third Test between India and Australia after the visiting players complained of abuse from the crowd at the Sydney Cricket Ground on Sunday.
Glenn McGrath, McGrath Foundation Co-Founder and President, is asking people from across Australia to show their support for people with breast cancer by buying virtual Pink Seats.
It is understood that the controversy has not gone down well with the travelling team and it is not amused with how Cricket Australia has so far handled the issue.
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