In addition to interest rates, review the fine print for penalties and repayment terms, and select a reputable lender to avoid harsh recovery practices.
The bench asked the group to submit within 15 days a valuation report of movable and immovable properties of its managing director and directors.
Despite being lodged in prison, Bishnoi has allegedly managed to execute murders of many high-profile people, including Punjabi singer Siddhu Moosewala in 2022, Karni Sena chief Sukhdev Singh Gogamedi in 2023, besides orchestrating firing outside the residences of singers A P Dhillon and Gippy Garewal in Canada, the officer said.
If the gift is received from a relative, there is no tax implication. But if the gift is received from a non-relative and exceeds Rs 50,000 in value during a financial year, the entire value of the gift is taxable.
The 66-year-old leader's income for the year 2019-20 was Rs 10,34,370.
The official liquidator said it would be in public interest that these properties are restored to him so that the interest of all creditors, including the applicant banks, can be "safeguarded".
Dinakaran said the value of his movable and immovable assets stood at Rs 74,17,807 -- immovable assets worth Rs 57.44 lakh and movable assets worth were Rs 16.73 lakh.
'Given the blood on his hands, it's really hard to believe that he (Manipur Chief Minister N Biren Singh) has the audacity and the moral numbness to hold onto power.'
'If a person wanted to contest from such a difficult seat, then it is meaningless to say that he is afraid of losing elections'
The authority said in its order that it believes that the movable assets and equity shares that were attached by the ED are proceeds of crime and linked to the offence of money laundering.
Amit Shah's net worth grew 32 per cent to Rs 37.91 crore, mainly due to 80 per cent appreciation in the market value of his securities.
'It's better to be over-insured than underinsured.' 'Ensure your home insurance includes STFI (storm, tempest, flooding, and inundation) cover for protection against monsoon rains.'
The high court asked the defendants to file their reply within two weeks of service of notice and listed the matter for August 22 before the joint registrar.
Sebi has ordered attachment of bank and securities accounts of over 40 entities so far this year.
Following are the key points of the three criminal law bills, that were passed by the Lok Sabha on Wednesday and seek to replace the Indian Penal Code (IPC), the Code of Criminal Procedure (CrPC) and the Evidence Act.
The Madras high court on Wednesday asked the Tamil Nadu government to reconsider its decision to convert late Chief Minister J Jayalalithaa's residence in Chennai into a memorial and declared her niece and nephew as the legal heirs of her property worth several crores. A division bench of Justices N Kirubakaran and Abdul Quddhose also suggested that Veda Nilayam, located in the upmarket Poes Garden area, be converted into the official residence of the chief minister of the state, while a portion of the property can be a memorial if needed.
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 government is auctioning 42 coal mines among 204 coal blocks.
The money-laundering case was filed by the ED after taking cognisance of a CBI FIR against the accused, whom the latter agency had booked for alleged violations of the Foreign Contribution (Regulation) Act (FCRA), 2010 and under section 120B (criminal conspiracy) of the Indian Penal Code.
The Budget may tweak capital gains taxes levied on equity, debt and immovable property to bring parity in varied tax rates and holding period, a senior official said. Explaining the rationale, the official said there needs to have an alignment in tax rate and holding period for all the asset class. Changes in capital gain tax expected in Budget, the official said.
Dimple Yadav, Samajwadi Party leader and its candidate in the Mainpuri Lok Sabha bypoll, has declared movable and immovable assets worth over Rs 14 crore.
A court in New Delhi on Thursday extended the Enforcement Directorate custody of Chief Minister Arvind Kejriwal till April 1 in the excise policy case.
The government can seek details from sellers such as sources of funds while buying.
Their downside is that the donor relinquishes all control over the transferred property, and certain tax implications may also arise.
Bollywood starlet Rakhi Sawant who is contesting from Mumbai North West seat has declared herself an "illiterate" with total assets of Rs 14.69 crore.
The Enforcement Directorate (ED) has attached assets worth over Rs 757 crore of one of the country's most known multi-level marketing (MLM) and direct-selling companies, Amway India, as part of a money-laundering investigation. The central agency issued a statement on Monday, alleging that the company was perpetrating a "scam" by running a pyramid "fraud" in the guise of direct-selling MLM network. "The entire focus of the company is about propagating how members can become rich by becoming members. There is no focus on the products. "Products are used to masquerade this MLM pyramid fraud as a direct-selling company," the ED alleged.
The Hathras SP said the investigation also revealed that some political parties had contacted him some time back.
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.
The top boss of the I-T department said that till now, the taxman has attached 621 properties, including some bank accounts, and the total amount involved in these cases, being probed under the Benami Transactions Act, is about Rs 1,800 crore.
Sidhu in his affidavit, filed along with the nomination papers, declared total assets worth Rs 44.63 crore.
The court had, however, rejected ED's request for attachment of the liquor baron's overseas properties
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.
Ending more than four decades of wait, India and Bangladesh will start the exchange of 162 adversely-held enclaves from Friday, marking the start of implementation of their landmark Land Boundary Agreement.
The agency said that it could not find any 'strong evidence' against Indresh Kumar, Sadhvi Pragya, Rajendra and Ramesh alias Prince.
The ED case has been booked under the Prevention of Money Laundering Act (PMLA) and the agency will record the statement of the accused. The central agency will investigate if proceeds of crime were generated by the accused by laundering of funds that were earned through the alleged gold smuggling racket.
The Enforcement Directorate on Friday said it has attached assets worth more than Rs 52 crore of arrested AAP leader Manish Sisodia, his wife and some other accused in the Delhi excise policy-linked money laundering case.
The government is open to 'some tinkering' in the varied rates and holding period for computation of capital gains tax on shares, debt and immovable property, in a bid to make it simple, revenue secretary Tarun Bajaj said on Wednesday. Under the Income Tax Act, gains from sale of capital assets, both movable and immovable, are subject to 'capital gains tax'. The Act, however, excludes movable personal assets such as cars, apparels, furniture from this tax.
The total income of the 87-year-old leader, who entered the fray from Malampuzha segment on Thursday, was shown as Rs 3,43,994 as per the income tax returns filed for 2009-10.
The central probe agency has also issued a notice asking general public 'to furnish information and particulars of properties, both movable and immovable as well as bank accounts, in the state of West Bengal and other places, if any, related to Saradha group known to them, with specific details' to it.
Special Judge Vikas Dhull also imposed a fine of Rs 50 lakh on the convict in the case of acquiring disproportionate assets from 1993 to 2006.
