News for 'tax enforcement'

Cong's Kuldeep Bishnoi resigns as MLA, set to join BJP Thursday

Cong's Kuldeep Bishnoi resigns as MLA, set to join BJP Thursday

Rediff.com3 Aug 2022

Bishnoi said the Congress has deviated from its ideology and is no longer what it was during Indira Gandhi and Rajiv Gandhi's time.

Kharge takes over as Cong chief with 'daro mat' slogan

Kharge takes over as Cong chief with 'daro mat' slogan

Rediff.com26 Oct 2022

Mallikarjun Kharge on Wednesday took charge as the Congress' first non-Gandhi president in 24 years, citing Rahul Gandhi's slogan 'daro mat' to energise workers and declaring that the party will demolish the government's 'system of lies, treachery and hatred'.

Grilled for 2 hrs, Sonia Gandhi answers 27 of top 28 questions by ED

Grilled for 2 hrs, Sonia Gandhi answers 27 of top 28 questions by ED

Rediff.com21 Jul 2022

The Enforcement Directorate on Thursday questioned Congress chief Sonia Gandhi in a money laundering case related to the National Herald newspaper and summoned her for a second round of questioning in the case on July 25.

IT dep seizes Rs 1,400-cr assets linked to Ajit Pawar

IT dep seizes Rs 1,400-cr assets linked to Ajit Pawar

Rediff.com2 Nov 2021

The taxmen provisionally sent orders to attach their properties in Mumbai, New Delhi, Pune, Goa and also over two dozen land parcels across the state with a combined market value of around Rs 1,400 crore

Will Regional Parties Come To Congress Or...

Will Regional Parties Come To Congress Or...

Rediff.com22 Aug 2022

Some of the Congress's new-found enthusiasm for hitting the streets will show its result in the Gujarat, Himachal Pradesh, and Karnataka elections. That is when we will know if the Congress will go to the regional parties or the parties will come to the Congress.

Kashmiri separatist leader Syed Ali Geelani dies

Kashmiri separatist leader Syed Ali Geelani dies

Rediff.com2 Sep 2021

Geelani, who was a member of banned Jamaat-e-Islami and chairman of hardline Hurriyat Conference, had been suffering from various ailments for nearly last two decades.

Oppn protest over price rise, Sonia at ED disrupts Parl proceedings for 3rd day

Oppn protest over price rise, Sonia at ED disrupts Parl proceedings for 3rd day

Rediff.com21 Jul 2022

Lok Sabha proceedings were adjourned for the day on Thursday following a request from the government that the Indian Antarctic Bill, 2022 be taken up for consideration when Opposition members are also present in the House.

Deal firmly with evaders, Sitharaman to taxmen

Deal firmly with evaders, Sitharaman to taxmen

Rediff.com24 Jul 2019

In 2019-20 Budget, the government had increased surcharge from 15 per cent to 25 per cent on those with taxable income between Rs 2-5 crore and from 15 per cent to 37 per cent for income above Rs 5 crore. Following the increase, the effective income tax rate for individuals with a taxable income of Rs 2-5 crore will go up from 35.88 per cent to 39 per cent and for those above Rs 5 crore it would go up to 42.7 per cent.

ED probe conspiracy to defame me as I quit BJP: Khadse

ED probe conspiracy to defame me as I quit BJP: Khadse

Rediff.com8 Jul 2021

"I have earlier appeared for the inquiry five times. The Anti-Corruption Bureau (ACB) had filed a C-summary report in a Pune Court that there is no truth in the allegations and the case be closed," he said.

Drugs case: NCB probe rules out extortion bid made to let off Aryan Khan

Drugs case: NCB probe rules out extortion bid made to let off Aryan Khan

Rediff.com29 May 2022

The agency had called him a hostile witness after he made the allegations.

ED questions Rahul Gandhi for over 10 hrs, summons him again

ED questions Rahul Gandhi for over 10 hrs, summons him again

Rediff.com13 Jun 2022

Congress leader Rahul Gandhi was questioned for over 10 hours by the Enforcement Directorate in a money-laundering probe linked to the National Herald newspaper and was called to depose again on Tuesday, as his party protested across the country, alleging that the Centre was targeting the Opposition by misusing agencies.

IAS officer death: Police sees no foul play, but people aren't convinced

IAS officer death: Police sees no foul play, but people aren't convinced

Rediff.com17 Mar 2015

Protests marked by stray incidents of stone pelting erupted during a bandh in Kolar district of Karnataka over the death of an IAS officer who allegedly committed suicide, even as police said they were probing his death from "every angle".

Sonia Gandhi meets DK Shivakumar in Tihar jail

Sonia Gandhi meets DK Shivakumar in Tihar jail

Rediff.com23 Oct 2019

Shivakumar, 57, was arrested by the Enforcement Directorate on September 3 in a money laundering case.

Hardik Patel quits Cong, says its leaders hate Gujarat

Hardik Patel quits Cong, says its leaders hate Gujarat

Rediff.com19 May 2022

'Today, after mustering courage, I am resigning from the party post and primary membership of the Congress'

Centre to spare the rod over GST errors for 6 months

Centre to spare the rod over GST errors for 6 months

Rediff.com19 Jul 2017

Central Board of Excise and Customs Chairperson Vanaja Sarna said there will be genuine errors due to lack of understanding in the initial days. "CBEC has enforcement authorities and I have specifically said that the first three to six months are a go-slow.... I don't want small cases to be made," Sarna said at a CII event.

Reliance/Shell dispute: Govt loses $111 mn arbitration case

Reliance/Shell dispute: Govt loses $111 mn arbitration case

Rediff.com12 Jun 2022

The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields. High Court judge Ross Cranston on June 9, 2022 ruled that the government should have brought its objections over the arbitration tribunal not meeting the required thresholds, when issuing the 2021 award earlier, two sources with knowledge of the matter said. Rejecting the government's arguments, the court said the objections are barred by an English law principle whereby a party cannot raise matters in new proceedings that could have been raised in earlier proceedings.

Amid Raj drama, ED raids Gehlot's brother in fertiliser scam

Amid Raj drama, ED raids Gehlot's brother in fertiliser scam

Rediff.com23 Jul 2020

Countrywide raids are being conducted in connection with a money laundering case linked to a fertiliser scam.

RBI's retail direct scheme off to a good start

RBI's retail direct scheme off to a good start

Rediff.com30 Nov 2021

The Reserve Bank of India's retail direct scheme is off to a good start but the central bank itself sees it as an additional avenue and not an alternative to the existing one. Still, a reasonable expectation is to have at least 100,000 investors within a month of it being operational, and that could be well under way, if the latest trend is to sustain. The registration in the retail direct platform has crossed 35,000.

ED summons Amrinder's son in FEMA violation case

ED summons Amrinder's son in FEMA violation case

Rediff.com5 Jun 2016

When contacted, Raninder said said he has nothing to hide and was willing to cooperate on the issue.

Syed Ali Shah Geelani: A hawk among separatist leadership of Kashmir

Syed Ali Shah Geelani: A hawk among separatist leadership of Kashmir

Rediff.com2 Sep 2021

Pro-Pakistan leader Syed Ali Shah Geelani's death has brought to an end a chapter of anti-India and separatist politics in Kashmir.

Rajan favours punishing black money holders

Rajan favours punishing black money holders

Rediff.com20 Feb 2015

"Let people pay, but if they don't pay, go after them"

EC makes record seizures of Rs 1,000 cr in 5 state polls

EC makes record seizures of Rs 1,000 cr in 5 state polls

Rediff.com16 Apr 2021

The poll-panel called these seizures by its various field and technical enforcement teams a "historic milestone" achieved "for the first time in any assembly electoral process", meaning during simultaneously-held assembly polls.

Labour codes unlikely to be implemented this fiscal

Labour codes unlikely to be implemented this fiscal

Rediff.com19 Sep 2021

The four labour codes are unlikely to be implemented this fiscal in view of slow progress on the drafting of rules by the states and also for political reasons like elections in Uttar Pradesh, a source said. The implementation of these laws assumes significance because once these are implemented there would be reduction in take-home pay of employees and firms have to bear higher provident fund liability. "The ministry of labour is ready with the rules under the four labour codes. But the states have been slow in drafting and finalising those under new codes.

3 lakh de-registered firms under I-T lens for money laundering

3 lakh de-registered firms under I-T lens for money laundering

Rediff.com29 Mar 2019

A senior official said CBDT has inputs that a number of these companies possibly indulged in tax crimes and once this is established, the department will initiate action against them for indulging in money laundering and tax evasion.

Govt sets up team to probe 3 Gandhi family trusts

Govt sets up team to probe 3 Gandhi family trusts

Rediff.com9 Jul 2020

The inter-ministerial committee will coordinate investigation against Rajiv Gandhi Foundation, Rajiv Gandhi Charitable Trust and Indira Gandhi Memorial Trust.

Modi Must Fix His Problems With The States

Modi Must Fix His Problems With The States

Rediff.com5 Oct 2021

Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.

Deposits up to Rs 2.5 lakh won't be questioned: CBDT

Deposits up to Rs 2.5 lakh won't be questioned: CBDT

Rediff.com6 Feb 2017

Deposits of Rs 3 lakh are "justified" if a person has an annual taxable income of Rs 10 lakh and the tax department will "not touch" him.

Jaitley: No vendetta, I-T raids on basis of evidence

Jaitley: No vendetta, I-T raids on basis of evidence

Rediff.com10 Apr 2019

The searches are linked to suspected movement of hawala money during the ongoing polls season and tax evasion.

New CBDT chief unveils 7 priorities for taxman

New CBDT chief unveils 7 priorities for taxman

Rediff.com3 Nov 2016

In his first communication to the field formations of the income tax department after taking over, the new CBDT chairman Sushil Chandra has spelled out a seven-point priority list for the department, entrusted to enforce direct tax laws in the country.

BJP-AAP war of words erupts over Bagga's arrest by Punjab police

BJP-AAP war of words erupts over Bagga's arrest by Punjab police

Rediff.com6 May 2022

While the BJP alleged that the arrest of its leader Tajinder Pal Singh Bagga was part of Kejriwal's vendetta politics, the AAP rejected the charge and said that Bagga has been arrested for trying to stoke communal tension and violence in Punjba.

What Went Wrong at Axis Mutual Fund

What Went Wrong at Axis Mutual Fund

Rediff.com24 May 2022

Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.

Is it time to rest? Harish Rawat stirs Cong ahead of U'khand polls

Is it time to rest? Harish Rawat stirs Cong ahead of U'khand polls

Rediff.com23 Dec 2021

In a tweet in Hindi, Rawat said, 'Isn't it strange that the organisational structure at most places, instead of extending a helping hand, is standing with its head turned away or playing a negative role at a time when I have to swim across the ocean of elections.'

Government to take 'harsh punitive' action against shell cos

Government to take 'harsh punitive' action against shell cos

Rediff.com10 Feb 2017

In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.

Soon taxman will have full insight into your finances

Soon taxman will have full insight into your finances

Rediff.com26 Mar 2019

The income-tax department has created various functionalities under its Project Insight, which will provide the 360-degree profile of taxpayers, including new and non-filers to gauge their accountability and tax liability. The tax department had on March 15 put out instructions for tax officials for accessing the insight.

Deepak Kochhar's assets may come under I-T lens

Deepak Kochhar's assets may come under I-T lens

Rediff.com12 Mar 2019

In April last year, tax authorities had questioned Deepak Kochhar over a Rs 405-crore investment by Accion Diversified Strategies Fund through its Mauritius subsidiary, DH Renewables Holding

EC sets up special panel to curb cash distribution, with eye on TN

EC sets up special panel to curb cash distribution, with eye on TN

Rediff.com14 Mar 2019

CEC Sunil Arora will meet former heads of Central Board of Direct Taxes and Central Board of Indirect Taxes and Customs on Friday to discuss ways to keep a check on black money disbursements in South India, especially Tamil Nadu.

Shivakumar case: HC raps ED over delay

Shivakumar case: HC raps ED over delay

Rediff.com17 Oct 2019

"You cannot play hide and seek with the court," Justice Suresh Kait said.

Note ban effect: I-T lens on 60,000 depositors

Note ban effect: I-T lens on 60,000 depositors

Rediff.com17 Apr 2017

Includes those dealing in high-value property and petrol pump owners

Trump proposes $54 billion increase in defence spending

Trump proposes $54 billion increase in defence spending

Rediff.com27 Feb 2017

Speaking at a bipartisan gathering of US governors at the White House, Trump vowed significant increase in defence law enforcement and law enforcement. "This budget will be a public safety and national security budget," Trump said.

'When BJP is on back foot, it brings in Dawood'

'When BJP is on back foot, it brings in Dawood'

Rediff.com24 Feb 2022

'Shouldn't our investigation agencies be fiercely independent and conduct fair investigations, show some spine and say no to such witch hunting?' 'That they will not be cowed down by what the Centre wants them to do.'