Madras HC issues notice to AR Rahman in tax evasion case

The Madras high court on Friday issued notice to music composer A R Rahman on a petition filed by the Income Tax department alleging that he used a foundation in which he is the managing trustee as......

AAP victory is Kejriwal's gift to wife on birthday

The counting of votes in Delhi election 2020 is currently underway. Early trends suggest that Aam Aadmi Party is on course to a victory. IMAGE: Delhi CM Arvind Kejriwal with his wife Sunita......

Pro-CAA remark puts Rajini in BJP's court

While critics and protestors have multifarious arguments to offer, the defence of CAA has been uni-dimensional and uni-focussed as has been the case with most policies of the Modi government and......

Why is govt taking pangas with RBI, CBI etc?

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have......

What Went Wrong at Axis Mutual Fund

Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu. Illustration: Uttam Ghosh/Rediff.com Recently, Axis Mutual Fund removed......

Vedanta drops cases against govt to settle retro tax dispute

Billionaire Anil Agarwal's mining group Vedanta on Monday said it has withdrawn cases in the Delhi high court as well as before an international arbitration tribunal to settle a Rs 20,495 crore......

Charitable entity status cannot be denied to BCCI, rules tax tribunal

The Income Tax Appellate Tribunal has accepted BCCI’s submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective,......

'We may lose a rupee now, but we will gain more later'

'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.' Photograph: Thomas White/Reuters If the withdrawal of the retrospective......

Service Tax dept demands Rs 536 crore, BCCI takes legal route

A policeman walks past a logo of the Board of Control for Cricket in India (BCCI) during a governing council meeting of the Indian Premier League (IPL) at BCCI headquarters in Mumbai. Photograph:......