The Enforcement Directorate is expected to soon file a chargesheet against Dravida Munnetra Kazhagam leader Kanimozhi and former Telecom Minister A Raja for alleged money laundering in the 2G spectrum case.
Besides Vodafone, several other major MNCs like Nokia and Shell were locked in tax dispute with the revenue department.
The Supreme Court-appointed SIT on Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.
The killer heat wave brought the nationwide toll to 2,338 even as some places like Delhi got respite on Monday.
We remain at the mercy of the global economic climate.
Finance Minister Arun Jaitley's decision to cut arbitrage may ensure that the standards of purity of the refined gold in the Indian market meet the global benchmark
The minister said any declaration made under the law will be protected
'To win a medal at the Olympics you need 12 to 15 Virdhawals and Sejwals.' 'We lack a swimming culture.' 'Countries like the US, Australia, France and China are powerhouses, with access to the best facilities.'
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
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There is no doubt that the Modi government has showed greater urgency in unearthing unaccounted money stashed away by some Indians in tax havens and other countries, enjoying the advantages of the latter's banking secrecy laws.
The tax dept has served notices on about 36 foreign investors.
Rajasthan Chief Minister Vasundhara Raje, who has been facing the opposition's pressure to quit in connection with the 'Lalitgate' may have survived the first salvo, but it remains to be seen how dexterously she manages the show in the coming days, says Prakash Bhandari.
The FM could scrap the secrecy around tax rates.
Breaking his silence, Finance Minister Arun Jaitley on Tuesday came out in strong defence of External Affairs Minister Sushma Swaraj in the 'Modigate' saying she acted "bona fide" and with "good intentions" and the entire government and party were one on the issue.
Tamil Nadu Governor K Rosaiah on Friday accepted the resignation of Chief Minister O Panneerselvam and invited All India Anna Dravida Munnetra Kazhagam chief Jayalalithaa to form the new government.
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
The Group of Minister, set up to look into the bifurcation of Andhra Pradesh, is all set to recommend special status to both the states under Article 371-D of the Constitution and examining a proposal to include two districts of Rayalseema in Telangana.
Over the next four years corporate tax will come down by 5 per cent and lot of exemptions will get phased out.
Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to the twenty-member council of ministers, including 10 of the Shiv Sena, who were inducted into his expanded cabinet.
Chidambaram to meet revenue boards on how to get much more and quickly; special audits and notices among measures likely.
'Chinese real GDP growth is 7.1% and India's is 7.4%'.
While posting the matter on April 29, the bench asked the Solicitor General to take proper instruction from the Revenue Secretary and also respond "What prevented them (Centre) to comply with the directions."
The so-called soil scam has left Lalu alone in the Mahagathbandhan.
A bench headed by Justice T S Thakur asked Delhi government to issue notification by August 4 for converting the conference room into jail which can be used by Roy and two jailed directors of Sahara for 10 working days from 06:00 AM to 08:00 PM for holding negotiations with prospective buyers of hotels in New York and London.
The way the present government has dealt with appointments of civil servants remains to be a cause for concern.
Parliamentary Standing Committee on Human Resource Development headed by Satyanarayan Jatiya has slammed SAI for not roping in sportspersons even 20 years after being asked for restructuring of the "unwieldy and monolithic bureaucratic organisation
Gujarat is a flourshing state but its business model is not so well accepted at national level.
The bench said the AAP contention that the LG is bound to act on the aid and advice of Council of Ministers was "without substance and cannot be accepted".
Cleo Paskal attends a Mumbai vote-counting party in Mumbai that looked at the coming Modi Sarkar with hope and optimism.
Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.
Flash floods and landslips triggered by the monsoon fury left eight more persons dead, taking the number of people killed in calamity-hit Uttarakhand and Himachal Pradesh to 138 even as 2700 pilgrims and locals were rescued from Rudraprayag and Chamoli districts.
Mamta Rawat is one among the thousands who were rendered homeless during the June 2013 Uttarakhand floods. Six months on, however, not much work on relocation or rehabilitation has started. And money is really not the issue.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
'Promise less, exceed expectations' should be the lesson for the Modi government
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
With cyclone Phailin expected to make landfall in Odisha on Saturday, the state government mounted a massive operation to evacuate two lakh people from six coastal districts on Friday night
The Manmohan Singh government's rush to pass the Food Security Bill reflects extreme paucity of logic and action, says Neeta Kolhatkar
Who are the men the prime minister relies on to execute his impressive agenda?
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