East Bengal's coach, who is employed with the anti-evasion department of Central Excise, was allegedly caught accepting Rs 150,000 from a businessman.
The diamond studded crown of India's Srishti Rana, who has been crowned Miss Asia Pacific World 2013 in Busan, South Korea, was seized for not paying customs, a senior customs official said.
Hari Om Tulsyan, Chief Income Tax Commissioner of Mumbai, says that the government's tax collection arm is becoming slimmer and fitter with help of computerisation and is ready to face the era of globalisation.
Stung by an alleged sex CD scandal, Karnataka Excise Minister H Y Meti resigned on Wednesday with government ordering a probe by the Criminal Investigation Department into the entire purported episode over the charge that he sought sexual favour from a woman in return for help.
The Minister said the department is yet to calculate the exact interest-free loans to be provided to the industry.
A task force set up by the heavy industry department will examine the definition of "small car" and suggest ways, including changes in the fiscal policy, to turn India into a manufacturing hub for such cars.\n\n
'If the current mood in North Block, headquarters of the finance ministry, is anything to go by, the government will now keep a closer watch on all kinds of schemes and projects undertaken by different central ministries. 'The next six months will determine which central schemes will have to be wound up and which ones will survive the axe,' says A K Bhattacharya.
The Central revenue department is inquiring into the payment of service tax by the event management firm which had organised the controversial Thinkfest on behalf of the Tehelka magazine.
The Central revenue department is inquiring into the payment of service tax by the event management firm which had organised the controversial Thinkfest on behalf of the Tehelka magazine.
Senior Indian Administrative Services officer Ashok Singhvi, who is the Principal Secretary (Mines) in Rajasthan, was arrested in the wee hours of Thursday by the state Anti Corruption Bureau in the eighth arrest in a bribery case involving clearance for reopening of six closed mines of a miner.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
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To get what it thinks are its dues, its brass have directed; construction, realty, renting of property, personnel supply, security & goods transport among those under lens
Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban
Indirect tax collections saw only a meagre 3.5 per cent growth, as mop-up from Customs fell sharply on account of a drop in imports.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
The ambiguity arose after notices were sent to lenders for non-payment of service tax under the pre-GST regime
'The IAS officers are after the rich people, the IRS officers are after the middle class and the IPS officers are after the poor. This is the new varnashrama created by the bureaucracy.'
A firm, which managed Prime Minister Narendra Modi's hugely successful Lok Sabha campaign, has come under the scanner of revenue authorities for alleged service tax evasion.
Tina, 22, a graduate from Delhi's Lady Shri Ram College, topped the 2015 civil services exam securing 1,063 marks (52.49 per cent) out of a total of 2,025-comprising 1,750 of main and 275 of interview.
The delivery of Freedom251 smartphones is expected to start in April after which the company will start the second round of bookings.
Lt Governor Najeeb Jung, who is now administering Delhi after President's rule was imposed, on Tuesday made it clear that none of the decisions and initiatives taken by the Aam Aadmi Party government will be scrapped, including the 50 per cent subsidy on power tariff.
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
Pushing people to litigation is a major source of tax uncertainty.
Govt looks at more taxes, dividends to meet deficit target.
While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.
Chartered accountant and commentator M R Venkatesh on why the GST Bill will cost the BJP dear.
The Board of Control for Cricket in India, is locked in a legal battle with the Service Tax (ST) department, which has demanded an amount of Rs 536 crore (approx) as taxes on cricket board's earnings from royalty and media rights in the last one decade.
A decision by P Chidambaram in his last days as finance minister has annoyed the revenue department.
Also on the anvil is abolition of distinction between Plan and non-Plan expenditure and replacing it with capital and revenue expenditure
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
ONGC is the country's most profitable PSU.
The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports
The Maharashtra government is firm on not letting dance bars reopen, Home Minister R R Patil informed the state Assembly on Friday, and indicated that it will bring in an ordinance soon to ensure that the dance bar ban continues.
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