The I-T department has been probing 240 HSBC cases where it is suspected that Indians have stashed their illicit funds abroad.
The move, first announced in March 2014, is expected to generate net annualised cost savings of $175-200 million once fully implemented.
PAN is a 10-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department of India.
To cut subsidy bill and reduce fiscal deficit, the previous United Progressive Alliance government had restricted the number of subsidised domestic cylinders per household to six every year in September 2012, revising it to nine the following January
'Embedded with the divisive regime, they administer heavy doses of the opium of religion and nationalism day in and day out,' observes Mohammad Sajjad.
The amount millenials spend on eating out is changing everything about the eating-out business.
'It is the RJD, otherwise known for misgovernance, which has offered a candidate of clean and performing credentials, rather than the NDA,' points out Mohammad Sajjad.
It's something to remember as New Delhi welcomes Sheikh Hasina, says Sunanda K Datta-Ray.
Pahal looks to cut down diversion and eliminate duplicate.
Over 650,000 emails have been found on a laptop shared by Hillary Clinton's close aide and her husband as the Democratic presidential nominee's woes escalated just over a week before the election with the Federal Bureau of Investigation set to review the newly-discovered data.
Disposals also likely, clients to be cut -CEO memo to staff
Following up on Finance Minister Arun Jaitley's Budget announcement of creating an integrated oil company, India's biggest oil and gas producer ONGC may buy all of the government's 51.11 per cent stake in Hindustan Petroleum Corporation Ltd.
The government on Friday informed the Parliament that Sebi has discovered discrepancies in the claims by the bondholders and the database provided by Sahara Group in the Rs 20,000-crore (Rs 200 billion) investors money refund case.
Sukanya Verma makes her predictions for the top awards at the 90th Academy Awards.
Online marketplace majors, e-grocers, Internet of Things firms, app-based companies and transport service aggregators are among those that have had to shut shop or scale down operations. Now, survival skills like upskilling and retraining will determine who makes it.
The entire HSBC list features names of 1,668 Indians
Switzerland, long known as a place with unbreakable banking secrecy, has come under intense global pressure, including from India, to crack down on illicit fund flows.
The peak GST rate of 28 per cent as also the 5 per cent ad valorem cess will continue
Thirumanam Enum Nikkah fails to live up to expectation despite the good performance by both Jai and Nazriya.
Canadian ice dancers Tessa Virtue and Scott Moir claimed their second Olympic gold medal with a brilliant free dance on Tuesday, edging to the top of the podium by less than a point and breaking the world record into the bargain.
The stories of exclusions illustrate so tragically, the need of the hour is to bolster biometrics and 'smart' technologies with something more old-fashioned - the good old fashioned, compassionate human touch, says Geetanjali Krishna.
'The government has belied the hope that many harboured of change, efficiency and dismantling old practices as the defence ministry continues to pursue the same well trodden and wasteful path.'
'India should stop claiming that a united Pakistan is in India's interests.' 'Pakistan's break-up is a necessity for peace and progress in the region,' says Major General Mrinal Suman (retd).
The Direct Benefit Transfer for LPG scheme was rolled out in 291 districts from June 1, 2013 in six phases to do away with the practice of selling the fuel at below cost rates.
This week was the first time Peter and Indrani appeared in court no longer married, footloose and fancy free once again, even if in jail.
A random check of the database for India displays about 22 offshore entities, 1,046 officers or individual links, 42 intermediaries and as many as 828 addresses within the country ranging from the tony and posh locations of metropolitan cities like Delhi, Mumbai, Kolkata and Chennai to mofussil locations like that in Haryana's Sirsa, Bihar's Muzaffarpur and Madhya Pradesh's Mandasaur and state capital Bhopal.
The project is expected to be activated by the end of this month.
RIL said it had launched 'an internal probe' into its staff's detention.
Prime Minister Narendra Modi on Sunday said that Mamamta is busy fighting with the poll panel instead of taking on political parties.
One out of every two Indians would have Aadhaar number by the middle of 2014, UIDAI Chairman Nandan Nilekani has said as he underlined the unique attributes of the identification system that will lead to public sector reform and governance transformation.
More than 127 million new bank accounts have been opened.
Naval Goel of PolicyX answers some important questions before buying insurance policies
Rediff.com brings you the buzz around celebrity sportspersons and their glamorous lives!
A 26-year-old unemployed man, who had been on the run after he allegedly raped and murdered his estranged fashion designer girlfriend in Uttar Pradesh's Noida city, has been arrested from Panvel, the police said on Tuesday.
India is expected to strongly push for a bilateral totalisation agreement with the US during President Barack Obama's visit later this month.
'No short cuts, no sensationalism, but sheer talent is responsible for Nawaz's position as one of the finest actors of his generation.'
Policymakers should consider the challenges of beneficiary identification, distributor opposition and beneficiary financial inclusion.
The numbers, however, look very good for Modi. We could say it is his election to lose, rather than the Opposition's to win, says Aakar Patel.
Around 2,500 engineers and 45,000 cash management employees step up efforts to complete the target of recalibrating 12,500 ATMs every day.
Sebi says it will directly transfer the refund money to the bank accounts of genuine investors.
