Obama to push for expansion of Foreign Account Tax Compliance Act.
Banks are seeking an order that Mallya should appear in person before the court.
It will be safe to incur these costs initially to prevent any problems in the future, which would be far more expensive, in terms of money, time and effort.
Gold schemes are offering attractive returns to investors.
Secondary market might be a better bet for investors
A glance back at some of the important ups and down Indian Inc faced in 2018.
The Swiss National Bank, the country's central banking authority, has estimated the funds currently held by Indians in Swiss banks at a mere $1.98 billion. Fear of disclosure due to greater scrutiny of this illicit wealth has played the main role in the flight of capital.
It makes it mandatory for companies to spend on social welfare and seeks to bring in greater transparency.
A comparative analysis of the two companies' rankings on three parameters reveals why ONGC slipped in ranking
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
With more firms now offering stock options to their chief executives, the salaries of these managers are sky-rocketing.
Terming corruption as a "major stumbling block" in the country's progress, President Pranab Mukherjee on Tuesday asked the central vigilance commission to lead the way in cleansing the government.
Aaron Schock, who resigned as US Congressman on Tuesday night following media disclosures of his loose spending habits, met Narendra Modi thrice. These encounters were not free of controversy either.
And here's how to avoid rejection of your insurance claim
The Supreme Court appointed Special Investigative Team, which is looking into the black money cases, on Thursday said it will go after the offenders "big or small" but also made it clear that the confidentiality of account holders abroad will not be violated.
'Modi's decision to hold out an olive branch to Sharif within 48 hours of the 'surgical strikes' has been a timely move as it helps tensions to 'de-escalate',' says Ambassador M K Bhadrakumar.
Not all NPAs are treated as wilful defaulters.
The Reserve Bank on Wednesday permitted wholly-owned subsidiary (WOS) of foreign banks to acquire domestic private sector banks as well as set up branches anywhere in the country.
The recent meeting of chief justices and chief ministers skirted vital issues, which could have helped in improving the efficiency in the functioning of courts
Our income tax department should bring out monthly bulletin as well as annual reports providing insights into the nature of our direct tax segments, points out R Vaidyanathan.
The final guidelines should be there in 3-4 months.
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Compliance window for those with undisclosed income abroad to come clean by paying 30 per cent tax and 30 per cent penalty
Amid the raging row over National Herald case, the Congress on Sunday asserted that the allegations and "insinuations" against party leaders Sonia Gandhi and Rahul Gandhi are "deliberately orchestrated", "patently false" and "defamatory" as they have "not received a rupee".
News of all that's transpired on and off the football field
Biggest contribution came from Bharti group-led Satya Electoral Trust.
That "Rollback Budget" ushered in an era of rollback.
Rajasthan Chief Minister Vasundhara Raje, who has been facing the opposition's pressure to quit in connection with the 'Lalitgate' may have survived the first salvo, but it remains to be seen how dexterously she manages the show in the coming days, says Prakash Bhandari.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
In an SEC filing dating back to 1997, he figures as "J Vallabh".
Did Jayalalithaa, who was also in jail then, know about these transactions?
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
Rana knew about my association with LeT. I informed him about the training imparted by me to LeT operatives. I disclosed to Rana that I was spying for LeT. This was four to five months before the 26/11 attacks," said Headley.
The linking of biometric UID/Aadhaar number to all public services makes "We, the People of India" worse than slaves, says Gopal Krishna.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
The Niti Aayog has finalised the first draft of a new national energy policy.
India does not have a stringent privacy or data protection Act.
Raghuram Rajan rejected the argument that inflation has come down largely because of "good luck" stemming from low oil prices.
'Their vote bank has shifted to the BJP; the Congress is yet to realise it.'
