Party treasurer Ajay Maken has claimed that "democracy will be over if the action of probe agencies goes unchecked" and said the Congress has full faith in the judiciary.
'Clients deemed higher-risk are required to update their KYC more frequently.'
Leaders and members of the Hindu community rue the fact that they are not given proper representation and many are not even registered as voters.
'Rahul Gandhi never gets firsthand information. He does not know what is good or bad going on in the party.'
The income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors. As per the changes in Rule 11UA of I-T rules, which comes into effect from September 25, the Central Board of Direct Taxes (CBDT) provides that the valuation of compulsorily convertible preference shares (CCPS) can also be based on the fair market value of unquoted equity shares. The amended rules also retain the five new valuation methods proposed in the draft rules for consideration received from the non-residents viz., (i) Comparable Company Multiple Method, (ii) Probability Weighted Expected Return Method, (iii) Option Pricing Method, (iv) Milestone Analysis Method, and (v) Replacement Cost Method.
If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong. These moves appear to have full official backing, points out Debashis Basu.
The round-the-clock rescue work is being carried out by 165 personnel from multiple agencies, including the National Disaster Response Force, State Disaster Response Force, Border Roads Organisation and the Indo-Tibetan Border Police, the State Emergency Operation Centre said.
Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. In his resignation letter, Kalyanasundaram has raised issues like factionalism in the board, his differences regarding rights issue and the alleged 'lack of in depth banking knowledge' in other members. This comes after Ravindran Pillai, head of RP Group, who holds 9.99 per cent stake in the bank (largest shareholder), came out with a special notice for removal of Kalyanasundaram.
Pawar, who described himself as the national president of the NCP, said employment, economic empowerment of all sections of the society, education, health, implementation of all welfare measures are the priority of the government.
An armymen's trust has moved the Supreme Court seeking directions to the central government to remove the disparity in the pensionary benefit and to extend the old pension scheme benefits to the personnel of the armed forces under both the ministry of home affairs and the ministry of defence.
Facing an expulsion recommendation in the "cash-for-query" row, TMC leader Mahua Moitra dismissed the Lok Sabha ethics committee's decision as a "prefixed match by a kangaroo court," and termed it a "death of parliamentary democracy".
The stage is set for the loading of cash into automated teller machines (ATMs) through the cassette-swap mode with an initial four-phased roll-out across 30 cities from June 1. The lockable cassette-swap will do away with the current practice of open-cash replenishment into ATMs. Cash-in-transit (CIT) firm personnel, tasked with loading cash into ATMs, will not have to touch it anymore. Cash-handling will be done by CITs at the cash centre, and the task of taking into account the amount of cash remaining from the last cassette-load will also be made simpler.
Bharatiya Janata Party leader Shazia Ilmi on Friday moved the Supreme Court seeking direction to the Centre to formulate a standardised uniform common code (UCC) for grant of alimony and maintenance to obviate hindrances caused by diverse set of personal laws prescribed by different religions.
Employees should review the accuracy and completeness of the information provided in Form 16. They should confirm that all the tax deducted has been credited correctly.
A high performance drilling machine was brought in Uttarkashi from Indore on Saturday to pierce through the rubble of the collapsed tunnel on the Char Dham route and was being assembled before it is deployed to resume drilling, officials at the site said.
The young Tilak Varma was included in the Indian team for the Asia Cup as the sixth specialist batter.
A US expert has termed Canadian Prime Minister Justin Trudeau's claim of a "potential link" between Indian government agents and the killing of a Khalistani leader a "shameless and cynical action" and urged the United States not be part of it.
While the RBI's guidelines aim to streamline the loan closure process, borrowers must remain proactive.
The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high crude oil prices and increased uncertainty due climate changes, NITI Aayog member Arvind Virmani said on Thursday. Virmani also asserted that the gross household savings ratio in India has consistently gone up. In an interview with PTI, he said: "My growth projection (of India's GDP growth) is 6.5 per cent plus minus 0.5 per cent... because my experience is that the fluctuations in global GDP more or less has balanced out for us, assuming normal changes."
'Bihar's caste survey has bolstered the Opposition parties, but one shouldn't forget that the BJP is also trying to present itself as a party that cares for the OBCs more than other parties,' points out Sanjay Kumar.
The Congress on Thursday gave a notice in the Lok Sabha against alleged breach of privilege by Home Minister Amit Shah, accusing him of speaking untruth on Maharashtra farm widow Kalawati Bandurkar who Rahul Gandhi had met in 2008.
Brokers have requested for a three-month extension from the Securities and Exchange Board of India (Sebi) for the validation of Know Your Client (KYC) records. In a letter to Sebi, industry body -- Association of National Exchanges Members of India (Anmi) -- has cited various issues and concerns raised by its members that have hampered the smooth completion of the validation process within the stipulated timeline. The Sebi circular had given KYC Registration Agencies (KRAs) a timeline of 180 days, ending on April 30, 2023, to validate client KYCs.
The initial public offering (IPO) market has seen some momentum of late with robust responses to recent issues. However, only some have been able to ride the wave. So far in 2023, 23 companies have let their approval granted by the markets regulator - the Securities and Exchange Board of India (Sebi) - lapse.
The income and profits shown by various BBC group entities are "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities, the income tax authorities said Friday, a day after they ended a three-day-long survey operation against the British media organisation.
The Delhi high court on Friday refused to interfere with the arrest and subsequent police remand of NewsClick founder Prabir Purkayastha and portal's human resources department head Amit Chakravarty in a case lodged under anti-terror law Unlawful Activities (Prevention) Act.
NewsClick founder Prabir Purkayastha, arrested in a case lodged under anti-terror law Unlawful Activities (Prevention) Act (UAPA) for allegedly receiving money to spread pro-China propaganda, told the Delhi high court on Monday that the allegations against him were "false" and "bogus", and "not a penny has come from China".
Auditors seem to have developed a heightened sense of risk and are not content to tick the boxes and sign the papers.
Even as cyber threats continue to rise in India - the second-largest global active internet user base - the country is currently facing a big skill gap in the cybersecurity domain and represents just six per cent of global cybersecurity jobs, finds a report. As of May 2023, the industry had about 40,000 open opportunities, indicating the growing demand for skilled cybersecurity professionals. However, the demand-supply gap stood at 30 per cent, projecting a major skill challenge in the industry, finds the study by tech staffing firm TeamLease.
Going through the credit report regularly will make you aware of a number of issues. One is identity theft.
The top court also dealt in detail with the legal principle on dying declaration and its trustworthiness on the presumption that a person on death bead does not lie.
Judicial magistrate, first class, Banihal, Manmohan Kumar also directed the superintendent of police, Ramban to monitor the investigation in the case and conclude it within a period of three months.
It can be said the complaint was filed out of "grudge" or business rivalry, the court noted.
Here are some of the controversies, which cast a shadow on Indian sport as the athletes prepared for the Asian Games.
Edtech major Byju's has denied charges that it purchased students' databases and clarified that it relies on app users, walk-ins and incoming requests for consultation. The statement from Byju's comes against the backdrop of summons issued to the company by child rights body National Commission for Protection of Child Rights (NCPCR). "Byju's strongly denies the allegation that it purchases students' databases.
'You may opt for a longer minimum guaranteed tenure of 12-18 months. This will ensure that in a rising rental scenario, the landlord doesn't serve you a notice and ask you to vacate the property.'
Failure to disclose any income can lead to penalties and legal issues.
Rodrygo and new recruit Jude Bellingham scored first-half goals to give Real Madrid a 2-0 win at Athletic Bilbao to kick off their LaLiga season.
Pakistan's former prime minister Imran Khan, who was arrested by paramilitary Rangers on Tuesday, is facing 121 cases across the country, including for committing treason and blasphemy and inciting violence and terrorism.
The BBC is not driven by an "agenda" but by purpose and will not be put off reporting impartially and without fear or favour, the UK-headquartered media organisation's chief has said days after the income tax department survey operation at its New Delhi and Mumbai offices.
The "unknown" sources are income declared in the annual audit report by these parties but without giving the source of income, according to the ADR.
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