Less than half the ministers in Team Yogi are not long-term BJP members. Many old-timers have been dropped.
Kumar's son Nishant possess both movable and immovable assets of Rs 2.36 crore which is a little more than four times than what his father owns.
Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.
The PM has assets worth Rs 2.5 crore including a residential plot in Gujarat's Gandhinagar, fixed deposits of Rs 1.27 crore and Rs 38,750 cash in hand.
The finance ministry is looking at rationalising long-term capital gains tax structure by bringing parity between similar asset classes and revising the base year for computing indexation benefit to make it more relevant, an official said on Friday. Currently, shares held for more than one year attract a 10 per cent tax on long-term capital gains. Gains arising from sale of immovable property and unlisted shares held for more than 2 years and debt instruments and jewellery held for over 3 years attract 20 per cent long term capital gains tax.
The Enforcement Directorate on Tuesday said it has attached over a dozen properties worth Rs 12.78 crore of suspended Trinamool Congress leader Shajahan Sheikh including bank deposits, an apartment, and agricultural and fishery land in Sandeshkhali and Kolkata in West Bengal.
The Enforcement Directorate (ED) in India has declared that cash and gold worth approximately Rs 52 crore, seized from an abandoned SUV in Madhya Pradesh last year, belonged to former state transport department constable Saurabh Sharma. The ED's statement ends months of speculation about the ownership of the seized assets and comes as part of an ongoing investigation into corruption charges against Sharma. The agency has also attached assets worth Rs 92.07 crore belonging to Sharma and his associates, alleging they were acquired through illegal means.
In their election affidavits, Sonia Gandhi declared a 45 per cent drop in her income in 2017-18 compared to 2013-14, while Irani's income increased roughly an 80 per cent increase in her income in the same time span.
Amid the hustle bustle of Lok Sabha polls, Congress chief Sonia Gandhi has disclosed loss of tax-free bonds worth Rs 10 lakh purchased from the Indian Railway Finance Corp.
As per the affidavit she filed on Friday along with the nominations for the bypoll, Jayalalithaa has total assets of Rs 117.13 crore, which include Rs 45.04 crore of movable assets and Rs 72.09 crore of immovable assets.
All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...
The cricketer-turned-politician, who will be making his electoral debut from East Delhi, has shown an income of nearly Rs 12.40 crore in the income tax returns filed for 2017-18.
The assessee will also have to declare whether such items and their value were disclosed at the time of filing wealth tax returns earlier.
Both candidates have shifted from their traditional constituencies - Sadhotra from Marh and Sharma from Akhnoor - after these two segments were reserved for Scheduled Castes.
The life insurance kind of 'statutory nomination', which confers final ownership on the nominee, is the need of the hour for all assets, suggests Harsh Roongta.
Firebrand Aam Aadmi Party leader Shazia Ilmi has declared a liability of Rs 59,000 as power bill dues even as she holds assets of over Rs 4.42 crore.
All India Anna Dravida Munnetra Kazhagam supremo Jayalalithaa has declared assets valued at Rs 51 crore, both movable and immovable, in her election affidavit.
The federal agency said it conducted raids against a director of Zanmai Lab Pvt Ltd, which owns WazirX, on August 3 in Hyderabad and alleged he was "non-cooperative". The agency's probe against the crypto exchange is linked to its ongoing investigation against a number of Chinese loan apps (mobile applications) working in India.
Moved by the recent spot-fixing scandal which has engulfed Pakistan cricket, the country's Federal Board of Revenue (FBR) has instructed its regional offices to accumulate details of the assets of the players who have represented the country over the last five years.
If the property is inherited from one generation to another, the person who inherits it cannot pass it on as s/he wishes, points out Rajesh Narain Gupta, managing partner, SNG & Partners.
Some glaring facts have come out from the affidavits filed by the two sons of Rashtriya Janata Dal president Lalu Prasad as the documents indicate that the younger son is aged one year more than his elder brother.
Polaris Software Lab Ltd entered into a partnership with Deutsche Leasing, German leasing firm, for movable assets.
Fortis Healthcare on Thursday said it has inked a pact with the VPS Group to acquire Manesar-based Medeor Hospital for Rs 225 crore. The healthcare major said it has signed definitive agreements to acquire Medeor Hospital for an overall purchase consideration of Rs 225 crore. The hospital has a potential capacity of 350 beds and can be operationalised in a phased manner in around nine months, it added.
Cars, towing machines, forklifts, tractors, fire extinguishers, and iron ladders will be e-auctioned.
President Pratibha Patil on Monday made public her movable and immovable properties worth over Rs 2.49 crore on the request of Central Information Commissioner as she completed four years in office. Rediff.com takes a look at the total worth of some other politicians in the country, and tries to find out where our President stands.
In addition to interest rates, review the fine print for penalties and repayment terms, and select a reputable lender to avoid harsh recovery practices.
Twenty-six immovable properties worth Rs 101.45 crore, and bank balance totalling Rs 2.28 crore in 22 accounts have been attached provisionally under the Prevention of Money Laundering Act (PMLA) by the Lucknow zonal office of the agency, they said. The Greater Noida-headquartered Bike Bot taxi service is accused of scamming about Rs 3,000-Rs 4,000 crore from 2.25 lakh investors in multiple states including Uttar Pradesh, Madhya Pradesh, Rajasthan and Haryana.
The court had, however, rejected ED's request for attachment of the liquor baron's overseas properties
Searches conducted by the Enforcement Directorate (ED) under the anti-money laundering law rose by 86 times while arrests and attachment of assets jumped by around 25 times in the 10 years since 2014 compared to the preceding nine-year period, according to official data.
Rediff.com take a look at the crorepatis contesting the Lok Sabha elections
Bharatiya Janata Party's prime ministerial nominee Narendra Modi, who is contesting from Vadodara Lok Sabha seat in Gujarat, has declared his total assets at Rs 1.51 crore and he does not own any vehicle.
The Enforcement Directorate Friday said it has attached gems, jewellery and bank deposits worth Rs 253.62 crore of some Hong Kong-based companies of fugitive diamond merchant Nirav Modi as part of a money laundering probe. Some assets of Nirav Modi group of companies in Hong Kong were identified in the form of gems and jewelleries lying in private vaults and bank balances in accounts maintained there and these have been provisionally attached under sections of the Prevention of Money Laundering Act (PMLA), the federal probe agency said in a statement. The amount kept in banks amounts to $30.98 million and Hong Kong dollars 5.75 million, which is equivalent to Rs 253.62 crore (as on July 22, 2022), it said.
The Reserve Bank on Thursday tightened norms for consumer credit as it asked banks and NBFCs to assign a higher risk weight for unsecured personal loans, a move aimed at making the lenders more cautious on such advances. The risk weight on unsecured consumer loans has been raised by 25 percentage points. The new regulations, however, will not be applicable on housing loans, education loans, vehicle loans and loans secured by gold and gold jewellery, the Reserve Bank said in a circular.
The Income Tax return form seeks wealth information from professionals; experts feel the salaried should have been included.
The Reserve Bank on Thursday proposed tighter norms for treatment of wilful defaulters under which banks and other lenders will be required to examine all accounts with outstanding amount of Rs 25 lakh and more to see if the borrower is deliberately not repaying the loan. The central bank has issued a 'Draft Master Direction on Treatment of Wilful Defaulters and Large Defaulters' on which comments have been invited till October 31. According to Reserve Bank of India (RBI), the draft Master Direction expands the scope for regulated entities which can classify borrowers as wilful defaulters and broadens the definition of wilful default.
Delhi deputy Chief Minister and AAP leader Manish Sisodia has been named as an accused in the case.
In the 2015 bypoll in the same RK Nagar seat, she had declared total assets of Rs 117.13 crore.
Prime Minister Manmohan Singh does not own any land, agricultural or non-agricultural, but owns a 1996 model Maruti 800 car and has movable assets, including fixed deposits, of over Rs 3.87 crore.
Sule filed her nomination on Tuesday for the Rajya Sabha bypoll.
There are a total of 12,611 establishments called enemy property, roughly estimated to be worth over Rs 1 lakh crore, in the country.
