In the year-long crackdown on tax evasion, the GST authorities have unearthed over Rs 35,000 crore of tax fraud committed by misuse of input tax credit provision under the Goods and Services Tax (GST) regime. During the 2020-21 financial year, the CGST zones and the Directorate General of GST Intelligence (DGGI) booked about 8,000 cases involving fake ITC of over Rs 35,000 crore, a statement from CBIC said. Under the GST regime, at the time of paying tax on output, entities can reduce the tax they have already paid on inputs.
Russian whistleblower Yulia Stepanova will not appeal to the Court of Arbitration for Sport over her ban on running as an independent athlete at the Rio Olympics, she said on Friday.
Earlier this year, Jennifer Lopez and Shakira took the honors in a halftime show of girl power and Latina strength. Previous performers have included Lady Gaga, Katy Perry, Prince and the Rolling Stones.
The doping suspension of Croatian tennis player Marin Cilic has reportedly been reduced from nine months to four months by the Court of Arbitration for Sport (CAS), making him eligible to return to playing from October 26 this year.
Summary of sports events and persons who made news on Monday
'What can I do if god made me the way I am?' 'All I want to do is win medals for India and make my country proud.'
The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.
Summary of sports events and persons who made news on Monday
Luis Suarez trained with his new Barcelona team mates for the first time on Friday.
American sprinter Sha'Carri Richardson, expected to be one of the biggest draws at the Tokyo Olympics, will miss the 100 metres at the Games after accepting a one-month ban for testing positive for cannabis during her US trials victory in June.
The World Anti Doping Agency has rejected the National Anti Doping Panel verdict on wrestler Narsingh Yadav after he was given a clean chit to compete in Rio Olympic Games, according to reports on Monday.
Romanian weightlifter Gabriel Sincraian and Russian boxer Misha Aloian have been stripped of their 2016 Olympic medals after failing doping tests at the Games, the Court of Arbitration for Sport said.
A summary of sports events and persons who made news on Saturday
The ban on Russia's track and field athletes from the Rio Games will scare drug cheats and help cleaning up the sport, Jamaica's six-time Olympic gold medallist Usain Bolt said.
A despondent mood swept through Russian athletes at the Pyeongchang Winter Games on Saturday, their hopes of being able to fly the Russian flag at the closing ceremony deflated by a second positive doping test.
Setting aside differences over the implementation of the conditional access system, broadcasters and cable operators have decided to join hands to fight piracy of pay channels in CAS areas of Delhi, Mumbai and Kolkata.
A summary of sports events and persons who made news on Monday
Since both are addressing the same consumer, the proposal has inter se equity as a plus point. And the business of capping the CAS/DTH bill to the TV-watching home has a certain populist appeal. The problem is that the basic proposal on CAS was unfair to channel owners and removed the incentive for channels to produce superior/differentiated programming that might cost more money and/or which commands greater audience pull.
The federation's troubles have piled up in recent months, with some of its officials and senior coaches having found themselves embroiled in doping scandals.
A summary of sports events and sports persons, who made news on Friday
The postponement of the Tokyo Games to 2021 due to the coronavirus pandemic may have opened the door for dope-tainted Indian wrestler Narsingh Yadav to realise his dream of winning an Olympic medal. Yadav was handed a four-year doping ban just hours before his first bout at the Rio Olympics after the World Anti-Doping Agency (WADA) won its appeal against an earlier exoneration.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
Russia is banned from competing for their country due to an alleged state-backed doping scheme, but the International Olympics Committee (IOC) has allowed it to send so-called neutral athletes who have no history of drugs-cheating.
Her coach, N Ramesh, credits a gruelling speed rubber training regimen for the two silver medals at the Games in Jakarta.
"The drop in channel shares is more because of the shortage of set-top boxes and delay in installation of direct-to-home systems in households," said Paritosh Joshi, president, ad sales and distribution, Star India.
Star Indian sprinter Dutee Chand clinched a silver in women's 100m dash in the 18th Asian Games to win the country's first medal in 20 years in this event.
Touching home in a time of 3:42.44, Sun held off a storming swim from Olympic champion Horton, who had failed to even qualify for the event at the Australian trials but was added to the squad as a discretionary pick.
Suspended FIFA president Sepp Blatter and European soccer chief Michel Platini have lost their appeals against provisional 90-days bans by the global soccer body's ethics committee, FIFA said on Wednesday.
Dope-tainted Narsingh Yadav admitted that his career would be over if the four-year ban imposed on him by the Court of Arbitration for Sports (CAS) is not reviewed and said that the country should take up his case as India lost out on an Olympic medal in wrestling.
The WADA decision is likely to determine whether Russian athletes, who can prove they are clean, will compete as neutrals or whether some will be invited by the IOC to compete in Tokyo.
Wreslter Narsingh Yadav's chances of participating in the Rio Games have been boosted after the United World Wrestling, gave him a clean chit.
Uttar Pradesh Chief Minister Akhilesh Yadav on Tuesday assured wrestler Narsingh Yadav that his government will request the centre to order CBI probe into the doping scandal, which has led to the grappler being handed a four-year ban.
The Delhi high court on Wednesday sought a response from Boxing India on a plea challenging International Boxing Association's (AIBA) decision to suspend boxer Sarita Devi for refusing to accept the bronze medal at the Asian Games in South Korea.
In case of any grievance, file a complaint with Sebi on its SCORES (Sebi Complaints Redress System) web site, suggests Sanjay Kumar Singh.
The Centre told the Delhi High Court that it has written to the International Boxing Association (AIBA) requesting it to revoke the provisional suspension of boxer Laisram Sarita Devi for refusing to accept the bronze medal at the Asian Games in South Korea.
A summary of sports events and persons who made news on Friday
With Conditional Access System (CAS) ready to take off in Mumbai, Delhi and Kolkata from January 1, 2007, almost 2.5 million cable television viewers can look forward to having a customised bouquet of channels.
With CAS just round the corner, the cable operators are gearing up to offer value added services. One big initiative that seems to be on the move is the attempt to offer Internet and IPTV.