This is the new addition to the tax data, which had identified over 600,000 people for scrutiny over huge inconsistencies in the cash deposits
In the first of a three-part series Paranjoy Guha Thakurta details the salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015.
As for structural reform, there are signs if one looks hard enough.
MFs have garnered record assets in the past one year, led by increased investor participation through SIPs and robust returns in mid-cap schemes.
Out of these, no balance has been found in case of 289 accounts
Bank licencing has been a "once in a decade" affair and so it could well be that we don't face this process anytime soon.
Air India had placed an order for 68 aircraft, including Boeing 737s, 777s and 787s, all valued at $11 billion in Dec 2005.
Global e-commerce company Amazon has said it sees "substantial uncertainties" in interpretation of Indian laws, which could impact its business in one of the world's fastest-growing multi-billion dollar online shopping market.
On Thursday, the Bill was approved by the Rajya Sabha; once it receives the president's assent and is notified, it will replace the legislation in force currently, which dates from 1956.
Will this announcement have any material impact on the stock price when the markets open for trade on Monday, April 18 at 9.15 am?
Ramesh released some fresh documents including one of 1949 which showed that the Dholpur Palace was owned by the Rajasthan government.
Thanks to Rajan we are an inflation-targeting country now
'Pakistan's trump card is that it is the only credible guarantor on the horizon who can reasonably assure the Western world that Afghanistan will not again become the revolving door for international terrorism.' 'Trust Pakistan to play this card optimally,' explains Ambassador M K Bhadrakumar.
Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls
Popular Malayalam actor Dileep was arrested on the charge of being a key conspirator.
New ITR form may be simpler, but some changes could stump you.
Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman
PS banks need to pull up their socks to improve cash flows.
The Centre said media reports cannot form the basis for seeking review of the judgement since it is well settled law that courts do not take decision on the basis of media reports.
Often these IDs sit on the audit committee of the board or even chair it.
Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
Rajat Gupta was convicted in 2012 of passing confidential boardroom information to now jailed hedge fund founder Raj Rajaratnam.
Under the Companies Act, 2013, auditors have the responsibility of reporting frauds, at entities being audited by them.
India's new tax policy which makes it mandatory to disclose foreign is not so common in developed countries.
The order is is contrary to the Central Information Commission's directive bringing six national parties under the transparency law.
The bank will have around 501 branches.
Sai Manish & N Sundaresha Subramanian offer a fresh perspective on the digital wallet business.
Parekh says drafting new I-T law is hindered by the lack of experience.
The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.
In a major move, the government has amended service rules to ensure that Indian Administrative Service, Indian Police Service and Indian Forest Service officers maintain "high ethics" and "political neutrality" while discharging their duty.
Chidambaram mocked her with a tongue-in-cheek tweet.
The onus is on companies to put in place a vigil mechanism to detect and deter fraud.
Unless unique, avoid investing in IPOs.
Naresh Goyal only gave an undertaking not to sell any of his 51% stake in return for raising working capital debt from PNB.
The reason for the windfall: the soaring value of their stock awards.
Do not declare them under Income Tax.
Cases across the country against defaulters who owe over Rs 1 crore each, reveal CIBIL data.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines that will allow car dealers to become Motor Insurance Service Providers (MISP) and offer the policies of multiple general insurers, says Sanjay Kumar Singh.
Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.
Raghuram Rajan's three-year term is the shortest of any G20 country and the recent governors have been given second terms as much as seven months in advance.
