The EC has asked all departments to deploy round-the-clock flying squads, quick-response teams, and high-tech machinery to check money inflow. They are also to examine vehicles passing though check-posts, reports Shrimi Choudhary.
The much-awaited Karnataka Cabinet expansion would take place on Wednesday with the induction of 7-8 ministers, Chief Minister B S Yediyurappa said on Tuesday.
The condition of over two dozen people admitted in various hospitals in Etah and Saifai, after they consumed the spurious liquor, was stated to be critical.
If the new regime is introduced in 2017, the govt may lose out on cess, surcharge
The company was paying huge sums of money to their channel partners under different heads in lieu of commission.
State home minister said violation of rules has been noticed in the construction of the building.
4 luxury SUVs and documents indicating 'benami' assets of Rs 300 crore have been recovered during income tax raids.
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
Wants to end hostile relationship between I-T dept and taxpayers.
High-pitched identity politics, which is the norm in the northeast, has continued to compound the boundary problem.
While the two-phased assembly polls voting has concluded in Assam, in West Bengal two phases have completed while four more remain.
In the 2012-13, car sales in India fell 6.69 per cent, which was the first decline in a decade.
Janata Dal-United MLC Manorama Devi faced an arrest warrant on Wednesday for violating prohibition laws and allegedly harbouring her fugitive son.
'It is just an excuse to say that the Centre has run out of money.' 'Pruning these schemes would mean hard time for the people of India.'
The GST will be a national sales tax that will be levied on consumption of goods or use of services
'Sin tax' is a globally prevalent practice under which products like alcohol and tobacco attract higher rates of tax.
Indirect tax revenues rose marginally by 5.6 per cent in the April-October period to over Rs 2.85 lakh crore, mainly on account of increase in service tax and customs collections.
'Daswand' -- or the receiving of donations of one-tenth of a devotee's earning -- has landed self-styled spiritual guru 'Nirmal Baba' in trouble with a notice having been slapped on him for alleged Service Tax evasion of Rs 3.5 crore.
The Directorate General of Central Excise Intelligence has initiated a probe following complaints of the service tax evasion by various insurance providers.
The Central Excise Department said it has slapped service tax of Rs 6 crore on the Preity Zinta co-owned KPH Dream Cricket, which is part owner of IPL franchise Kings XI Punjab.
The financial fraud, one of the biggest in the state as per records, was being investigated by the different departments of Himachal Pradesh for the past over four years.
Increase in first half of FY14 comes despite a fall in average crude prices; weak rupee helps.
The government on Friday removed an anomaly in the recent excise duty cuts by bringing down the duty on microprocessors, other than motherboards, to zero from the current 16 per cent.
"We have raided and destroyed poppy crops in 24 acres of land under the Imamganj police station," Omprakash Singh, a senior official of the Excise Department, told rediff.com. Singh said the Maoist had cultivated opium to make money for their illegal activities and continue their operations against the police.
A courier company owner was arrested for allegedly evading service tax of about Rs 70 lakh
The outstanding dues of Central Board of Excise and Customs mounted to Rs 14,222 crore (Rs 142.22 billion), with over 53,600 cases pending in various courts till June 2003.
Sugar mills may get some relief from the government following a proposal to raise the interest rate subsidy on loans against excise duty paid by the mills during the last and current financial years.
To snatch a state government out of Congress hands is therefore a high-stakes game with national political implications, for it denies the party the essential fuel to run effective election campaigns, notes T N Ninan.
Officials say that such a list, to be updated on a real-time basis, will serve as a ready reckoner in identifying those committing multiple economic offences
As corporate India gears up to be GST-ready, the ongoing litigation and tax dispute cases are something most businesses are cagey about.
'Under this government, tax laws have become more draconian, and the government itself is setting stiff, unrealistic targets for tax officials, who have got more powers to harass us,' points out Debashis Basu.
On behalf of BCCI, the three-member Committee of Administrator (CoA) along with CEO Rahul Johri will meet Manohar.
The revenue department is examining the service tax on industry and service providers, particularly in the telecom sector, to ensure that there is no incidence of double taxation, an official of the department said.
Consensus seems a problem before the current session of Parliament ends.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
References to the repealed laws for service tax, purchase tax, etc, continue in the SEZ laws.
Majlis-e-Ittehadul Muslimeen chief and Hyderabad MP Asaduddin Owaisi was on Thursday granted bail in connection with a 2005 case against him for allegedly obstructing the then Medak district collector and other officials from discharging their duties.
A local court on Wednesday dismissed the bail plea of All India Majlis-e-Ittehadul Muslimeen chief and Hyderabad Member of Parliament Asaduddin Owaisi for the second time in two days in connection with a 2005 case against him.