'He has emerged as a formidable leader who cannot be ignored anymore, who cannot be mocked.'
The Enforcement Directorate on Friday alleged that Hero MotoCorp executive chairperson Pawan Kant Munjal used foreign currency issued in the name of others for his personal expenditure abroad to "override" RBI rules and attached his assets worth Rs 24.95 crore as part of a money laundering investigation. Three immovable properties (in the form of lands) of Munjal located in Delhi have been provisionally attached under the provisions of the Prevention of Money Laundering Act (PMLA), the central agency said in a statement.
A senior ruling Akali Dal leader of Punjab and two other persons from the state, who were allegedly been kidnapped in Hong Kong where they went to finalise a land deal, have been freed unharmed and the prime accused in the case arrested, police said.
Modi's demonetisation move has hit the real estate market in Delhi and Mumbai
Mukesh Sharma, a businessman, said he had donated the money through a demand draft.
During initial investigation, the police found that Manoj Goyal, a property dealer, who is also one of the accused in the case has prepared forged papers and helped Prabhakar to occupy the flat.
'There is no law and order in Bihar.' 'Criminals do as per their will.'
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remittance Scheme (LRS) of the Reserve Bank, to ensure that such expenses do not escape TCS (Tax Collection at Source). While moving the Finance Bill 2023 for consideration and passage in the Lok Sabha on Friday, Finance Minister Nirmala Sitharaman said the Reserve Bank has been asked to look into ways to bring credit card payments on foreign tours under the LRS. "It has been represented that payments for foreign tours through a credit card are not being captured under the Liberalised Remittance Scheme (LRS) and such payments escape tax collection at source (TCS)," she said.
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.
IEDs found in a Seemapuri house on Thursday and at the Ghazipur market last month were prepared with the intention of carrying out blasts at public places across the city, according to Delhi Police Commissioner Rakesh Asthana.
Manoj Kumar, Aam Aadmi Party's legislator from Kondli, was on Thursday arrested after being quizzed by the Delhi Police in an month-old case of alleged land grabbing.
An FIR has been registered against Shivraj and his parents for allegedly duping a Mumbai businessman and his wife of Rs 13 crore (Rs 130 million) while he was out on bail.
Gandhi dismissed as an "eyewash" the probe into what she called as Ayodhya land 'scam' in areas around the proposed Ram temple while Mayawati demanded that the state government cancel the land deals if the allegations in a media report on the issue are true.
The police is investigating the role of other relatives of a 21-year-old girl who was allegedly murdered here by her parents as they were against her marriage with a youth from a different caste.
The attacker, identified as Ved Prakash, was detained by police, which quizzed him.
PMO asked income-tax department to submit report on action taken against identified benami owners
His disqualification to participate in future elections may follow, notes Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.
Union Home Minister Amit Shah said on Friday security in the ocean needs to be strengthened as most of the narcotic drugs are shipped in Pakistan and go via Iran to Sri Lanka and Africa.
'Which fund manager in the world will put money into a company that hasn't filed its annual account?'
A globe spanning, 15-year investigation has led to the repatriation of 307 antiquities by the United States that were stolen and trafficked from India and valued at nearly four million dollars, the majority seized from disgraced art dealer Subhash Kapoor.
In a rapprochement three years after they split, Delhi Chief Minister Arvind Kejriwal on Tuesday shared stage with Anna Hazare on the second and final day of the Gandhian's protest against the contentious land acquisition ordinance while accusing the Modi government of adopting anti-people policies.
New law could pose challenges of cost escalation, increased paperwork, fear developers.
Gujarat's 26-year-old opening batsman Samit Gohel on Tuesday broke a 117-year-old record in first-class cricket by notching up the highest score while carrying his bat through the innings of 359 not out during his team's Ranji Trophy quarter-final against Odisha. While Hanif Mohammed's epic 499 remains the highest score by an opener in first-class cricket, no one has scored more than Gohel while remaining not out in his team's score of 641.
It would not be surprising if India, the world's largest producer of milk, has to resort to imports to meet the elevated summer demand, states Surinder Sud.
'This whole story is going to become extremely murky and that discovering who is an agent of the Indian government is not necessarily a simple matter.' 'And that if Trudeau was to name (the person) who he thinks is the connection with the Indian government, that the Indian government will be sure to have some deniability and will be able to say he had nothing to do with us.'
Fadnavis said, "Nawab Malik and his family members were part of a company which purchased land in Kurla (area of Mumbai) at a very low rate by making some fictitious documents. There are four such land purchase deals where I can firmly say that Malik has entered into land deals with the underworld."
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 agency said in a statement that a provisional order has been issued under the Prevention of Money Laundering Act "attaching bank accounts of Amnesty International India Pvt Ltd (AIIPL) and Indians for Amnesty International Trust (IAIT)".
550 live cartridges, an INSAS assault rifle, two other rifles and three self-loading rifle magazines were seized along with a huge quantity of explosives and detonators.
A day before he committed suicide, former Corporate Affair DG B K Bansal had visited the Central Bureau of Investigation headquarters to submit Income Tax certificate showing that his son Yogesh had disclosed over Rs 2.38 crore of unaccounted income to tax authorities.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
The attached assets include 15 commercial and residential properties belonging to the 'family members' of Mirchi. They include a hotel called Midwest Hotel Apartment, the ED said. They are valued at Rs 203.27 crore and have been provisionally attached under the Prevention of Money Laundering Act (PMLA), the central probe agency said in a statement.
The government on Friday extended he deadlines for various income tax compliances and said the amount paid by an employer to employees for Covid-19 treatment would be tax exempt.
Karan Choudhury reports on the implications of the strict Real Estate (Regulation and Development) Act and the prosecution of Unitech MDs, Sanjay Chandra and Ajay Chandra, in an alleged fraud case.
Vadra's anticipatory bail application is likely to be heard by the court on Saturday.
Recently, TPEM's first born electric concept, Avinya broke cover. The model promises a minimum range of 500 kilometres and advanced technology features, aimed at buyers in India and outside. TPEM, the newly formed entity may also consider a separate dedicated sales channel for the EVs with a distinctive corporate identity once the volumes reach a critical mass and throughput is large enough for the dealers to be profitable, said Chandra. Elaborating further on the hiring strategy he said, "We will hire from everywhere-wherever the talent of the required competency is available."
Special Judge Arvind Kumar also directed him not to tamper with the evidence or influence witnesses and join the investigation as and when called by the investigating officer.
The council also cut GST rates on affordable housing to 1 per cent from the current 8 per cent.
Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.
Shridhar Madhav Patankar, the brother of Thackeray's wife Rashmi, "owns and controls" Shree Saibaba Grihanirmiti Private Limited, it said.
