The European Commission urged Greece to stick to commitments it has made to reform its economy as Prime Minister Alexis Tsipras called a snap election within hours of new EU bailout cash arriving in Athens.
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.
Capital markets regulator, I-T department suspect tax evasion and market manipulation
The case against Balaji and his aides pertains to his tenure as the state transport minister in the All India Anna Dravida Munnetra Kazhagam government during 2011-15.
The Enforcement Directorate, which continued its searches against Modi, Choksi and their companies for the fourth day on Sunday , is also moving to attach at least two dozen immovable properties under the Prevention of Money Laundering Act.
The Congress unit described Ramesh's suicide an outcome of "targeted harassment" of their rank and cadre to keep them away from the party.
The finance minister also hinted that not all of the Rs 15.44 lakh crore worth of currency junked will be remonetised through issuance of new notes as he said digital currency will fill the gap.
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".
Nokia may now not sell its Chennai unit.
Slammed the Centre for trying to shield black money holders, the Apex court has said that the list must be revealed by Wednesday.
This marked an increase from 2,63,000 at the end of 2013
Shivakumar will be produced before a court in New Delhi on Wednesday by the ED for seeking his custody.
The SIT was created by Supreme Court and notified by the government last year to curb black money.
Swiss police in February searched HSBC offices in Geneva as part of its probe.
A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.
The income tax probe against the Congress leaders has arisen from the investigation into the private criminal complaint filed by Bharatiya Janata Party leader Subramanian Swamy before a trial court in connection with the National Herald case, in which the trio are out on bail.
As Deveshwar announces his decision to step down, he has a rich legacy to leave behind.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Reacting to the development, Naidu said such crises were not new to the party.
No mention of cab aggregators in GST bills
The Centre is looking to convene a meeting of the all-powerful Goods and Service Tax Council in early January. The meeting is likely to focus on rectifying the inverted duty structure for a few more items and will also serve as a platform for pre-Budget discussions between Union Finance Minister Nirmala Sitharaman and state finance ministers, Business Standard has learnt. "The current Winter Session of Parliament ends on December 23, followed by the Christmas-New Year period. "After that we would like to have a meeting of the GST Council, depending on whether there can be a quorum," a top government official said.
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.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
Companies were consulting law firms and consultants to understand the Bill.
'Gloom is nowhere in sight, with healthy foreign exchange reserves, a strong rupee, healthy tax collections, corruption and crony capitalism under check,' argues Gopal Krishna Agrawal.
While people have paid the price for the disruption it caused, now is the time to reap its benefits, says T N Ninan.
Harry Redknapp resigned as manager of struggling Queens Park Rangers.
A proposal for creation of seven Customs Overseas Intelligence Network units is pending with the Ministry of External Affairs.
GST rate for petrol and diesel cars and hybrid vehicles is already at the highest bracket of 28 per cent plus cess.
There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.
Its officers would wear black bands on Monday, which is also Martyrs day, the IRS Association (Customs and Central Excise) has said.
Formula One chief executive Bernie Ecclestone goes on trial for bribery in Germany this week in a case that threatens to end the Briton's long reign as the commercial boss of the motor sport.
Terming Prime Minister Narendra Modi's decision to demonetise high value currency notes as "startling and bold", Chinese official media has said it is "far from enough" and India may "look at ideas" from China's crackdown against corruption which has shown "efficiency".
