Congress leaders Sonia Gandhi and Rahul Gandhi are majority shareholders of Young Indian with 38 per cent shares held by each one of them. They were questioned for hours by the ED in this case a few years back.
A 33-year-old engineer, Mohit Yadav, died by suicide in a hotel room near Etawah railway station, leaving behind a video message accusing his wife and in-laws of mentally harassing him over property issues. The incident comes just months after a similar case involving techie Atul Subhash in Bengaluru, who also ended his life alleging harassment by his estranged wife and her family. Yadav's family alleged that his in-laws pressured him to transfer his property to his wife's name and threatened him when he refused. Police are investigating the case.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
A bench comprising Chief Justice B R Gavai and Justice Augustine George Masih asked senior advocate Kapil Sibal, appearing for those challenging the validity of the law, and Solicitor General Tushar Mehta, representing the Centre, to file their written notes by Monday.
'The next decade will be even more transformative,' says Prime Minister Modi. 'We are moving from digital governance to global digital leadership.'
The multi-crore Dharavi slum redevelopment project involves no land transfer to the Adani group but to the Maharashtra government's departments, and the Ahmedabad-based conglomerate, as a project developer, will build houses that will be handed over to the same departments for allotment to residents of Asia's biggest slums, sources said. Denying allegations of land grab made by MP Varsha Gaikwad, sources close to the project said land parcels are to be transferred only to Dharavi Redevelopment Project/Slum Rehabilitation Authority (DRP/SRA) of the state government's housing department.
The Supreme Court of India has dismissed a plea filed by the legal heir of former Tamil Nadu chief minister J Jayalalithaa seeking the return of properties confiscated in a corruption case against her. The court stated that the abatement of proceedings due to her death did not mean she was acquitted of the crime. The court upheld the confiscation of her properties, including her iconic residence, Veda Nilayam, land parcels, estates, bank deposits, and other assets, which will be transferred to the Tamil Nadu government.
JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.
'Individuals can consider dividing ownership of properties between related persons to ensure that the sale transactions are below the Rs 50 lakh limit and therefore not subject to TDS.'
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
The Enforcement Directorate on Tuesday said it had filed a chargesheet on April 9 in a money laundering case related to the National Herald newspaper. Apart from Sonia and Rahul Gandhi, the chargesheet also names senior Congress leaders Sam Pitroda and Suman Dubey as co-accused.
The Tamil Nadu Assembly passed a resolution on Thursday condemning the Centre's proposed Waqf Amendment Bill 2024, calling for its recall. Chief Minister M K Stalin argued that the amendment interferes with religious affairs and would negatively impact the Muslim minority. The resolution was unanimously passed by the Assembly, with support from all parties, including the opposition AIADMK and PMK. The BJP, however, walked out in protest, accusing the ruling DMK of engaging in divisive politics. The bill aims to streamline the Waqf Board's work and ensure efficient management of Waqf properties but has been criticized for potentially encroaching on religious freedom and autonomy. The Tamil Nadu government claims that the amendment would lead to government control over the Waqf Board and its properties, impacting its autonomy and potentially allowing for government acquisition of Muslim-owned lands.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'
The Supreme Court of India has expressed concern over the erosion of the family institution, stating that people in India, while valuing the concept of 'vasudhaiva kutumbakam' (the world is one family), are failing to maintain unity even within their immediate families. This observation came in a case involving a dispute between a mother and her eldest son over property and family relations.
rediffGURU Anil Rego answers readers' personal income tax queries.
With a major network rollout on the cards, the government is not keen to change the pattern of tower monetisation for Bharat Sanchar Nigam Ltd (BSNL), officials at the state-owned telecom-service provider said. The monetisation target in the telecom sector had to be revised owing to a change in BSNL's approach to mobile-phone tower monetisation, which had shifted from a sale-based model to a lease-based one.
Be practical and value what you have, says Rediff's Love Guru.
Seventeen years after the cash-at-judge's door case rocked the judiciary, a special Central Bureau of Investigation court in Chandigarh on Saturday acquitted former Punjab and Haryana high court judge Nirmal Yadav and four others in the matter.
A senior official attached with the Tambaram police commissionerate has been transferred and put under compulsory wait, days after the AR Rahman concert row that among others witnessed traffic snarls which even affected the movement of the Chief Minister's convoy.
Justice Bhushan Ramkrishna Gavai was on Wednesday sworn in as the 52nd Chief Justice of India.
'Buyers should be provided either a fixed possession date or a firm date for the start of construction.'
When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.
Judge HA Mohan presiding over the additional city civil & sessions court held that the kin, J Deepa and J Deepak, were not entitled to the properties that have been confiscated by the state.
Chief Justice of India Sanjiv Khanna has recommended Justice Bhushan Ramkrishna Gavai as the next CJI. Justice Gavai, the second most senior Supreme Court judge, will become the 52nd CJI on May 14, 2024, after CJI Khanna's retirement on May 13. Justice Gavai has served on several important Constitution benches and has been a part of landmark verdicts, including the one upholding the Centre's decision to abrogate provisions of Article 370.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Tightening its noose around Canada-based 'designated individual terrorist' Gurpatwant Singh Pannu, the National Investigation Agency (NIA) confiscated a house and land of the self-styled general counsel of the outlawed Sikhs for Justice (SFJ) outfit in Punjab's Amritsar and the Union Territory of Chandigarh on Saturday, an official said.
A Dhaka court has ordered the freezing of 31 bank accounts linked to ousted prime minister Sheikh Hasina, her family members and their associates over corruption allegations. The accounts, holding a total of Tk 394.6 crore (INR 281.2 crore approximately), belong to Hasina, her son Sajeeb Wazed Joy, daughter Saima Wazed Putul, sister Sheikh Rehana, nephew Radwan Mujib Siddiq Bobby and their related organizations. The Anti-Corruption Commission (ACC) claims Hasina and others are trying to transfer the money from these accounts, prompting the court to issue the freezing order.
The body of the former Karnataka police chief, a 1981 batch IPS officer hailing from Bihar, was found in a pool of blood on the ground floor of his three-storey house in the posh HSR Layout in the city on Sunday.
Markets regulator Sebi on Thursday said it has lined up three properties of Saradha Group of Companies for an auction on December 16, at a reserve price of Rs 5.21 crore. The move is part of Sebi's efforts to recover money raised by the company from the public through illicit schemes. In a notice, the Securities and Exchange Board of India (Sebi) said the auction will be conducted between 11 am to 12 pm on December 16, 2022. The properties to go under the hammer include land parcels located in West Bengal.
'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'
He said Shinde has already made it clear his faction is not interested in staking claim to the Shiv Sena Bhavan or any property linked to the Thackeray group.
The government on Tuesday announced central assistance of Rs 2.2 lakh crore over the next five years to meet housing requirement of 1 crore urban poor and middle class families under the Pradhan Mantri Awas Yojana-Urban and proposed interest subsidy to provide loans at affordable rates. In her Budget speech, Finance Minister Nirmala Sitharaman said, "Under the PM Awas Yojana Urban 2.0, housing needs of 1 crore urban poor and middle-class families will be addressed with an investment of Rs 10 lakh crore." "This will include the central assistance of Rs 2.2 lakh crore in the next 5 years," she added.
If Prakash Jha is able to transfer today's social and political reality onto the screen, the future seasons of Aashram might just get a much-needed dose of eyeball-grabbing power, observes Deepa Gahlot.
The court listed the matter for further hearing on December 13.
Authorities on Monday attached a house belonging to Hizbul Mujahideen chief Syed Salahuddin's son in the city's Ram Bagh area, officials said.
Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar in Mumbai, offering more built-up area than its nearest rival, L&T. This will be the second mega redevelopment project of Adani Group in Mumbai, after the Dharavi slum redevelopment project. The total estimated redevelopment cost of Motilal Nagar is around Rs 36,000 crore, and the rehabilitation period is seven years from the project start/commencement date. The project will rehabilitate 3,372 residential units eligible under MHADA, 328 eligible commercial units and 1,600 eligible slum tenements.
After the Dharavi slum redevelopment project, billionaire Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Motilal Nagar I, II & III is one of Mumbai's biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W).
Akhtar Imam had recently revealed that he was facing a serious threat to his life as he had gifted his property to his elephants
