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SC dismisses ED plea challenging bail to Shivakumar

The Supreme Court on Friday dismissed the Enforcement Directorate's plea challenging the Delhi high court order granting bail to Karnataka Congress leader D K Shivakumar in a money laundering case.......

Amid BJP-Sena row, tax raids on BMC contractors

The Income Tax Department has detected alleged irregularities to the tune of Rs 735 crore after it conducted searches on civil contractors who work for the Brihanmumbai Municipal Corporation, the......

EC Lavasa's son under ED scanner for FEMA violations

The trouble for Ashok Lavasa's family began a few months back when his wife, Novel Singhal Lavasa, came under the scanner of the income tax department on charges of alleged tax evasion. IMAGE:......

CBI moves SC seeking review of bail to Chidambaram

The Central Bureau of Investigation moved the Supreme Court on Friday seeking review of its verdict granting bail to former finance minister P Chidambaram in the INX Media corruption case saying......

Sonia Gandhi meets DK Shivakumar in Tihar jail

Congress president Sonia Gandhi on Wednesday morning met Karnataka Congress leader D K Shivakumar in Tihar jail and assured him of all support from the party. Shivakumar, 57, was arrested by the......

Budget 2020: What Sitharaman has in store for tax payers

Govt may tighten presumptive taxation norms and also do away with some deductions. The government, given the grim revenue position and clamour for tax cuts for the salaried classes, is considering......

CBDT mops up Rs 6 lakh cr in direct tax collection so far

The income tax department has also launched a faceless e-assessment scheme to eliminate interface between an assessing officer and a taxpayer. Illustration: Dominic Xavier/Rediff.com The......

Mumbai sees green vegetable prices double in 4 weeks

‘The availability of vegetables has gone down due to fewer arrivals in wholesale mandis. Their supply was disrupted because of low yields and high spoilage,’ says Shyam Bhimraoji......

Govt has no plan to launch gold amnesty scheme

It was reported that the new amnesty scheme would allow gold hoarders a chance to come clean on investment made using black money by declaring their possession and paying tax on it. Illustration:......

30,000 individuals under I-T lens for remitting money abroad

The department apparently suspects the use of shell firms or front entities in some aspects of such remittance. Money might, it suspects, have moved in some cases from tax-free jurisdictions......

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Voda Idea

MUMBAI | KOLKATA: Vodafone Idea’s top management has cautioned lenders that timely repayments may not be possible without urgent relief from the... ...

https://economictimes.indiatimes.com/industry/telecom/telecom-news/will-need-government-support-for-timely-repayment-voda-idea-to-lenders/articleshow/72079818.cms

ITAT deals a blow to Sonia, children

In a setback to the Congress leadership, the Income Tax Appellate Tribunal (ITAT) has upheld the I-T department's withdrawal of 'charitable' status... ...

https://timesofindia.indiatimes.com/india/itat-deals-a-blow-to-sonia-children/articleshow/72079311.cms

Supreme Court dismisses ED plea challenging bail to Shivakumar in money laundering case

Shivakumar, a 7-time MLA in Karnataka, was booked along with Haumanthaiah -- an employee at Karnataka Bhavan in New Delhi-- and others for alleged... ...

https://economictimes.indiatimes.com/news/politics-and-nation/supreme-court-dismisses-ed-plea-challenging-bail-to-shivakumar-in-money-laundering-case/articleshow/72067992.cms

What Sitharaman has in store for tax payers

Govt may tighten presumptive taxation norms and also do away with some deductions. The government, given the grim revenue position and clamour for... ...

http://www.rediff.com/money/report/budget-2020-what-fm-has-in-store-for-tax-payers/20191115.htm

I-T dept

The Income Tax Department has detected alleged irregularities to the tune of Rs 735 crore after it conducted searches on civil contractors who work... ...

https://timesofindia.indiatimes.com/city/mumbai/raids-on-bmc-contractors-unearth-rs-735-cr-financial-irregularities-i-t-dept/articleshow/72061093.cms

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