News for 'property scrutiny'

TMC's Saket Gokhale to pay Rs 50 lakh damages for defaming minister's wife

TMC's Saket Gokhale to pay Rs 50 lakh damages for defaming minister's wife

Rediff.com1 Jul 2024

The Delhi high court on Monday directed Trinamool Congress leader Saket Gokhale on Monday to apologise and pay Rs 50 lakh damages to former diplomat Lakshmi Murdeshwar Puri, wife of Union minister Hardeep Singh Puri, for his defamatory tweets against her over the purchase of a property in Switzerland.

Applying For Home Loan? Read This!

Applying For Home Loan? Read This!

Rediff.com15 Feb 2024

Enhancing your credit score is the key to improving loan eligibility and securing a favourable interest rate.

'America Is In For A Period Of Extended Domestic Turmoil'

'America Is In For A Period Of Extended Domestic Turmoil'

Rediff.com15 Nov 2024

'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'

Missed Tax Return Deadline? What To Do

Missed Tax Return Deadline? What To Do

Rediff.com13 Aug 2024

Submitting a late return helps you stay compliant with tax regulations and avoid legal issues.

File tax return in mid-June, once all necessary info is available

File tax return in mid-June, once all necessary info is available

Rediff.com7 May 2024

Taxpayers are filing their income tax returns (ITRs) early for the Assessment Year 2024-25 (FY25). By April 29, over 592,000 returns were filed, with over 538,000 verified and 367,000 processed. Early filing allows revisions without penalties.

Facing media trial, will reveal the truth: Puja Khedkar

Facing media trial, will reveal the truth: Puja Khedkar

Rediff.com15 Jul 2024

Probationary Indian Administrative Service officer Puja Khedkar, who is in the eye of a storm for alleged misuse of power and manipulating disability and OBC quotas, sidestepped questions related to the ongoing probe against her on Monday, saying the truth will eventually prevail, while the Pune police searched for her parents in a separate criminal case.

Covid centre scam: ED files chargesheet against Sanjay Raut's bizman aide

Covid centre scam: ED files chargesheet against Sanjay Raut's bizman aide

Rediff.com16 Sep 2023

The chargesheet against the associate of Shiv Sena-UBT MP Sanjay Raut was submitted before the court's registry and it will come up before the special judge for cases under the Prevention of Money Laundering Act after scrutiny of papers.

Electoral bonds make 82% of parties' unknown income: ADR

Electoral bonds make 82% of parties' unknown income: ADR

Rediff.com7 Mar 2024

About 82 per cent of the total income from unknown sources declared by national political parties in 2022-23 came from electoral bonds, according to a poll rights body.

Senior Citizens: Disclose All Income In ITR

Senior Citizens: Disclose All Income In ITR

Rediff.com19 Jul 2023

Many senior citizens fail to disclose certain incomes like interest, commissions, or dividends in their ITRs.

Mosque authorities move court against plea for ASI survey of Gyanvapi complex

Mosque authorities move court against plea for ASI survey of Gyanvapi complex

Rediff.com22 May 2023

Mishra said that the court has fixed July 7 for the next hearing.

Seeking votes is fundamental right, says HC, invokes Vadivelu's film

Seeking votes is fundamental right, says HC, invokes Vadivelu's film

Rediff.com4 Aug 2023

Narrating the role of Vadivelu in Maamannan, the judge said the eighth respondent Karuppu faced a similar situation in this case.

ED seizes beach resort, land of Uddav aide Parab in money laundering probe

ED seizes beach resort, land of Uddav aide Parab in money laundering probe

Rediff.com19 Jul 2023

The ED had attached Sai Resort NX, constructed over the land located at Gut no: 446, Murud in Ratnagiri's Dapoli, in January.

Sun Pharma, Dr Reddy's price scrutiny in US reaches next level

Sun Pharma, Dr Reddy's price scrutiny in US reaches next level

Rediff.com21 Oct 2014

On October 2, a legislature committee wrote letters to the 14 companies, initiating an investigation and seeking details about recent price increases in several generic products available in the American market.

How was money laundering case made out against Sisodia, SC grills CBI, ED

How was money laundering case made out against Sisodia, SC grills CBI, ED

Rediff.com5 Oct 2023

The bench said most of the allegations in the corruption case registered by the CBI against Sisodia were "hearsay", based on the statements made by approvers and would not pass scrutiny before the trial court without any concrete material.

How UK became Global Money Laundromat

How UK became Global Money Laundromat

Rediff.com12 Sep 2023

A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.

Despite spike in Covid cases, no rise in hospitalisation or deaths, says govt

Despite spike in Covid cases, no rise in hospitalisation or deaths, says govt

Rediff.com23 Mar 2023

Amid a gradual rise in daily Covid-19 cases, the Union health ministry said on Thursday that the XBB.1.16 subvariant of Omicron might be the dominant virus strain in the country but there has been no reported increase in the rate of hospitalisation or death so far.

'How Can Marathas Demand Reservations?'

'How Can Marathas Demand Reservations?'

Rediff.com21 Nov 2023

'Over the last 65 years the state has seen majority of Maratha chief ministers and cabinet ministers, even Union cabinet ministers.' 'The Marathas have always wielded disproportionately significant political, commercial and social influence in the state and yet they are asking for reservations today.'

Key mantra for India's pharma sector in 2023

Key mantra for India's pharma sector in 2023

Rediff.com21 Dec 2022

Reinvent and innovate will be the key mantra for the Indian pharma industry in the New Year as the 'pharmacy of the world' looks to move from volume to value leadership, amid emerging challenges of inflation and pricing pressures in the global markets. While R&D investment, market competitiveness, regulatory scrutiny, and domestic price regulations are expected to shape the growth of generics and injectable products, concerns such as price control and customs duties on medical equipment will continue to bother the healthcare industry in 2023. The industry believes that in view of India's G20 Presidency, digital health innovation, achieving universal health coverage, improving healthcare infrastructure and delivery will continue to be the key driving factors in 2023.

As British MP Rishi Sunak took oath on Bhagavad Gita

As British MP Rishi Sunak took oath on Bhagavad Gita

Rediff.com24 Oct 2022

Here are some facts about Rishi Sunak and his India connections.

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

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

Rediff.com31 Oct 2019

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 or tax havens to accounts in the UAE and some South Asian countries.

AAP gets Rs 163-cr recovery notice for political ads

AAP gets Rs 163-cr recovery notice for political ads

Rediff.com12 Jan 2023

The recovery notice issued by the Directorate of Information and Publicity (DIP) also includes the interest on the amount and makes it mandatory for the ruling party in Delhi to pay the whole amount within 10 days, the sources said.

Trump says his Mar-a-Lago estate 'raided' by FBI

Trump says his Mar-a-Lago estate 'raided' by FBI

Rediff.com9 Aug 2022

Trump said that Mar-a-Lago in Palm Beach was "occupied by a large group of FBI agents".

2022 Will Determine Xi's Political Future

2022 Will Determine Xi's Political Future

Rediff.com3 Jan 2022

Xi does not want to risk any political or economic crisis complicating his bid to remain in office, observes Ambassador Shyam Saran, the former foreign secretary.

78 pc of PMC a/c holders can withdraw full deposit: FM

78 pc of PMC a/c holders can withdraw full deposit: FM

Rediff.com2 Dec 2019

Nirmala Sitharaman said in Lok Sabha that in case of medical emergencies, marriages and other crisis situations, a depositor of the Maharashtra-based PMC Bank can withdraw up to Rs 1 lakh by invoking the 'hardship provisions' of the RBI.

Don't unscramble scrambled egg, govt tells SC on note ban

Don't unscramble scrambled egg, govt tells SC on note ban

Rediff.com25 Nov 2022

Resisting the Supreme Court's attempt to revisit the 2016 demonetisation exercise, the government said on Friday the court cannot decide a matter when no tangible relief can be granted by way of "putting the clock back" and "unscrambling a scrambled egg".

India to get 3rd set of Swiss bank details, info on real estate this month

India to get 3rd set of Swiss bank details, info on real estate this month

Rediff.com12 Sep 2021

Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.

Parliament passes bill to ban strikes by essential defence services

Parliament passes bill to ban strikes by essential defence services

Rediff.com5 Aug 2021

Leader of Opposition Mallikarjun Kharge and some other members sought that the bill be referred to a standing committee for scrutiny.

'We are losing our independence more and more'

'We are losing our independence more and more'

Rediff.com19 Sep 2022

'Laws have been used in a way to serve the needs of the current regime and its authoritarian ideology.'

K'tala Cong chief Shivakumar hatched conspiracy with 4 aides to hide cash: ED

K'tala Cong chief Shivakumar hatched conspiracy with 4 aides to hide cash: ED

Rediff.com2 Jul 2022

The about 60-pages prosecution complaint was filed by the federal agency before a special Prevention of Money Laundering Act court in Delhi on May 24.

DeMo@1: I-T to probe 80K people for cash deposit of over Rs 10 lakh each

DeMo@1: I-T to probe 80K people for cash deposit of over Rs 10 lakh each

Rediff.com8 Nov 2017

This is the new addition to the tax data, which had identified over 600,000 people for scrutiny over huge inconsistencies in the cash deposits

Claiming HRA: Can't get away with fake rent receipts

Claiming HRA: Can't get away with fake rent receipts

Rediff.com21 Apr 2017

When submitting house rent allowance receipts, claiming that you pay rent to a close relative like parents, siblings or spouse, ensure that you have supporting documents to substantiate it.

How Pandora Papers differs from Panama, Paradise leaks

How Pandora Papers differs from Panama, Paradise leaks

Rediff.com14 Oct 2021

While Panama and Paradise Papers had majorly focused on foreign entities created by entities, corporates or individuals overseas, Pandora is about the new method adopted by wealthy elites by setting up multiple layered complex trust structures.

India pays Cairn Rs 7,900 cr to settle retro tax dispute

India pays Cairn Rs 7,900 cr to settle retro tax dispute

Rediff.com24 Feb 2022

The Indian government has paid Cairn Energy Plc Rs 7,900 crore to refund taxes it had collected to enforce a retrospective tax demand, ending a seven-year-old dispute that had tarred the country's image as an investment destination. The company, which is now known as Capricorn Energy PLC, in a statement said it has received "net proceeds of $1.06 billion", of which nearly 70 per cent will be returned to the shareholders. The tax department had used a 2012 legislation, which gave it powers to go back 50 years and slap capital gains levies wherever ownership had changed hands overseas but business assets were in India, to seek Rs 10,247 crore in taxes from Cairn.

As India watches, China grows powerful in Sri Lanka

As India watches, China grows powerful in Sri Lanka

Rediff.com8 Jun 2021

Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).

Foreign donations above Rs 1 crore under tax scanner

Foreign donations above Rs 1 crore under tax scanner

Rediff.com6 Aug 2013

The Central Board of Direct Taxes has issued new directives for selection of scrutiny cases during the financial year 2013-14 by the taxman which also includes big ticket international transactions.

Sebi to outsource Rs 40,000 crore Sahara job

Sebi to outsource Rs 40,000 crore Sahara job

Rediff.com15 Apr 2016

Market regulator in talks with SBI Caps, UTI Infra for scrutiny and auction of properties.

Chinese telcos feel new rule doesn't place curbs on them

Chinese telcos feel new rule doesn't place curbs on them

Rediff.com29 Jun 2021

Chinese telecom gear giant Huawei Technologies has sought permission for access to the government's 'Trusted Telecom Portal' which went live on June 15 so that it can share details about the telecom products which telecom service providers have agreed to buy from it. The move is significant as sources close to the development say that, according to Chinese telecom companies' interpretation, the new National Security Directive on the telecom sector does not in any way prohibit them from participating in the process of selling telecom equipment of any kind to private telcos. The firm is waiting for a response from the government. It declined to comment.

Covid-19 impact: Textile, paint makers roll out antiviral layer to ads

Covid-19 impact: Textile, paint makers roll out antiviral layer to ads

Rediff.com24 Nov 2020

Almost each of these companies has a different technology to show for the effectiveness against microbes.

Post elections, RBI to update RTI disclosure norms

Post elections, RBI to update RTI disclosure norms

Rediff.com9 May 2019

The Supreme Court had observed that issues of national economic interest; disclosure of information regarding currency or exchange rates/interest rates/ taxes; regulation or supervision of banking, insurance and other financial institutions; proposals for expenditure or borrowing, and foreign investments, could all, in some cases, harm the national economy, especially if released prematurely.

How to deal with an income tax notice

How to deal with an income tax notice

Rediff.com4 Jan 2017

Prepare your replies with expert help, if necessary. Keep relevant documents ready to support your replies.