It's not unusual for the tax departments to freeze bank accounts and there have been instances of the authorities recovering the outstanding from the bank, though such course of action is not common.
Xi said China is ready to work with Pakistan to forge a closer China-Pakistan community of shared future in the new era.
He has been booked under Indian Penal Code sections related to abetment of suicide, voluntarily causing hurt and criminal intimidation, among others, a police official said.
The HC closed both the defamation suits against Kejriwal and four AAP leaders after a joint settlement plea was moved before it.
Few right moves and you can improve your credit score real fast
Don't let knotty financial issues weaken your marital bond. Heavy liabilities of one partner have the potential to sour a new relationship. So, develop a plan for how you will deal with these.
Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.
'Between the quiet hallways and the empty streets, there is a misleadingly peaceful atmosphere outside, that does not reflect the stress and tragedy happening every day between hospital walls.'
Short sellers may capitalise on the weak sentiment owing to the dispute between co-founders Rana Kapoor and Madhu Kapur.
But other allegations against Jain, Deutsche Bank still being evaluated by the regulator
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
Leading West Indian cricketers will prefer to play in lucrative Twenty20 tournaments around the world instead of representing the Caribbean side under the current administration, former captain Darren Sammy has said.
'The idea is to align the HR policies and work culture with changing times'.
'Prince' Yakub Habeebuddin Tucy likes to introduce himself as a great-great grandson of Bahadur Shah Zafar.
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
The BJP needs to win maximum number of seats from northeast to strengthen Prime Minister Narendra Modi so that development of the region continues.
The deal covers patents currently owned by the companies, as well as any filed in the next 10 years.
'We should not minimise the seriousness of Chinese encroachments because their perception is different.' 'Nor should we fall into the trap of accepting so-called 'buffer zones' in areas of overlapping claims. We cannot have buffer zones in our own territory,' asserts Ambassador Shyam Saran, a former foreign secretary.
Harjot Singh Narula explains the basics of paid up insurance policies
RIL has denied knowingly producing any gas from the ONGC block
The Pakistan Cricket Board (PCB) on Wednesday sent a legal notice to the Board of Control for Cricket in India, initiating proceedings to seek compensation from the Indian Cricket Board for not honouring the memorandum of understanding (MoU) to play six bilateral series between 2015 and 2023.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Summary of sports events and persons who made news on Tuesday
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
'Flattering press, nice photos, no major gaffes.' 'Both sides will be very happy as they are clearly measuring 'success' by a different yardstick than the world used in the past.'
The e-filing of returns in FY14 saw an increase of 40 per cent with 25.6 million online returns being filed till March 22, compared with 18 million a year ago.
Besides selling movable and immovable assets to make recoveries, taxmen filed prosecution cases against those not paying the demand.
'Given the sharp increase in oil prices, a mounting problem for the 2nd and 4th largest importers like China and India -- the Qingdao meeting is likely to push for the large energy producers (Russia and the Central Asian Republics) and energy consumers (China and India) to arrive at some understanding for mutually beneficial outcomes,' notes Srikanth Kondapalli.
Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified
Leading an agitation at the Egmore Railway station in Chennai, Marumalarchi Dravida Munnetra Kazhagam General Secretary Vaiko and VCK Chief Thol Thirumavalavan, along with several workers including those from the Left parties, blocked an express train.
Move to address MNCs' taxation woes; UK likely to be the next.
'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.
Pakistan Cricket Board Chairman Shaharyar Khan, on Monday, disclosed that the Pakistan Cricket Board had incurred losses amounting to $ 200 million because of the Indian team not playing bilateral cricket series in Pakistan.
Meet Manju Devi, porter number 15, who overcame all odds to stand tall and become one of the 112 women achievers of the nation.
The Central Board of Direct Taxes, the apex policy making body of the I-T department, has been undertaking a host of steps to bolster the litigation management wing of the department which has come under criticism not only from courts but also successive Finance Ministers and in the audit reports of the Comptroller and Auditor General.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
Delhi High Court says it can do so under the TRAI Act, rejects petitions filed by telecom associations.
Investors went looking for bargain in banking, oil and gas and auto stocks.
To promote cashless transactions, the government had waived the Merchant Discount Rate on fuel purchase post demonetisation for consumers. But after the expiry of the 50-day window, the banks have decided to levy MDR on petrol pump owners.
The trouble-torn 2,184 MW Dabhol power project is all set to be restarted with General Electric, one of the major equity holders, slated to reach an agreement with Indian financial institutions by this month end.