According to the government's notification, 10 central probe and snoop agencies are now empowered under the Information Technology Act for computer interception and analysis, ministry of home affairs officials said.
The chief minister claimed that MLAs have been getting calls after Governor Kalraj Mishra agreed Wednesday night to convene a session from August 14.
While law-abiding customers are harassed for KYC and have to comply with endless paperwork even to open and close accounts, DHFL could easily open nearly 260,000 fake home-loan accounts, reveals Debashis Basu.
Continuing to shed its famed banking secrecy veil, Switzerland today made public more names about which it has been approached from abroad for information, even as it published fresh gazette notifications about two Indians -- Sayed Mohammed Masood and Chand Kauser Mohammed Masood.
Shivakumar, arrested on September 3 by the ED in money laundering case, was produced before the court Tuesday on the expiry of his custodial interrogation.
Though the Bills of Punjab and Rajasthan have a lot of similarities, the one approved by the Chhattisgarh Assembly is structurally different. None of the three has tried to address a key demand of the agitating farmers in full, which is to make all payments below the MSP, within and outside mandis, illegal.
With a staff crunch, it seems the I-T department would now target only the big fish rather than go after small assessees.
In the first of a three-part series Paranjoy Guha Thakurta details the salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015.
the I-T department attached a total of 12 plots of Bharti and her husband Shailesh Kumar, Bihar Deputy Chief Minister Tejaswi Yadav and ex chief minister Rabri Devi, and sisters Ragini and Chanda Yadav.
BCCI Apex Council will work on finalising India's revised Future Tours Program and the domestic season.
ED and Directorate of Revenue Intelligence have detected a significant increase in the outflow of Indian money, specifically into four countries --Thailand, Dubai, Singapore and Hong Kong.
Vadra's interim protection from arrest was extended till April 1.
Speaking to media persons after a team of Central Bureau of Investigation, Income Tax and Enforcement Directorate left his Kamaraj Lane residence in New Delhi, Kalmadi said: "I welcome the investigations. I would fully cooperate with the agency. Those documents, which they have not been able to locate, would be traced and handed over the agency."
Under scanner of the Enforcement Directorate for his alleged links with Hasan Ali Khan, Puducherry Lieutenant Governor Iqbal Singh has admitted recommending expeditious issuance of passport to the alleged tax evader but claimed he did not know him.
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act
The Enforcement Directorate on Wednesday said it has arrested two persons in Chennai for alleged illegal exchange of Rs 6 crore in old notes "in connivance with" sand-mining baron J Sekhar Reddy as part of its money laundering probe post demonetisation.
A sessions court on Wednesday granted the Enforcement Directorate permission to question top tax evader Hasan Ali, who is presently lodged in Mumbai's Arthur Road jail. According to reports, the interrogation would be video-recorded as per the orders of the Supreme Court.
Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.
The agency's probe till now found that huge monies were transferred through RTGS transfers to some shell companies including a case where the director of such a firm was a petty labourer
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
The first high-level meeting of the Special Investigation Team on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held in New Delhi on Monday.
The Income Tax department and Enforcement Directorate have been asked by the government to pull up their socks and expedite disposal of cases related to terror financing in various parts of the country.
The Nifty and Sensex traded close to their respective all-time highs.
Chidambaram said that if the government is of the view that Karti has alleged undisclosed assets he would ask it to make a list in this regard and his son will voluntarily execute any document necessary to transfer such assets to it for a nominal consideration of Rs 1.
The government notified the compliance window under the Act.
With the Election Commission taking extensive steps to check misuse of money during polls in Bihar, top politicians and candidates are now voluntarily appearing before expenditure observers deputed at airports and other places to declare their cash. The EC has recently activated an Election Expenditure Monitoring (EEM) cell at its headquarters in Delhi to curb the use of illegal money.
A probe report will also be submitted to the apex court investigations are complete.
Official sources said the ED will focus on the event managers and will also issue summons to them under the Foreign Exchange Management Act (FEMA) to explain how they got the foreign exchange that was paid to the singer.
Should we be exposing our women volunteers to the barbarity of actual combat?
Out of these, no balance has been found in case of 289 accounts
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
Is the Budget sufficiently prudent? It probably is but at the cost of substantial under-provisioning for the many grand sounding schemes announced in it, says Nitin Desai.
If the policy is extended to NBFCs and co-operative banks, they will have to disclose divergence in asset classification and provisioning during RBI inspections in their audited financial reports. Till now, these entities have been exempted from this. At present, there are more than 98,000 co-operative banks and 10,000 NBFCs. Sources said the RBI would concentrate on the top 50 co-operative banks and NBFCs.
The government has not done its homework or made any attempt to forge a consensus on this matter that affects millions of people in the organised sector, says Harsh Roongta.
Income Tax dept to enhance prosecution against large defaulters.
Puducherry Lt Governor Iqbal Singh was on Tuesday questioned by the Enforcement Directorate officials for the second successive day over his recommendation for issuing a passport expeditiously to alleged tax evader Hasan Ali Khan after which he left for New Delhi.
A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment
The Enforcement Directorate has been granted three days custody of Kolkata-based businessman Kashinath Tapuria, the associate of Pune-based stud farm owner Hasan Ali Khan.
