News for 'tax fraud'

Sabarimala: PM accuses LDF, UDF of destroying faith

Sabarimala: PM accuses LDF, UDF of destroying faith

Rediff.com13 Apr 2019

"They call themselves the champions of speech and expression. But deny the same for the people of Kerala."

Global Depository Receipts under lens for routing black money

Global Depository Receipts under lens for routing black money

Rediff.com5 Jan 2015

Sources said that the capital markets regulator Securities and Exchange Board of India has come across quite a few cases where GDR route could have been used for round-tripping of funds in the name of capital-raising activities of listed companies from abroad.

L'affaire Mallya: More banks get ED call for financial details

L'affaire Mallya: More banks get ED call for financial details

Rediff.com15 May 2016

The Enforcement Directorate had asked for financial details from both public and private sector banks and a part of these details were submitted last week

India's realty sector remains favoured destination

India's realty sector remains favoured destination

Rediff.com21 Mar 2014

Increasing migration to cities and urbanisation along with interest from buyers to invest in real estate market, will continue to be the prime demand drivers, according to assurance, tax and advisory firm Grant Thornton.

Is your pension fund regulated?

Is your pension fund regulated?

Rediff.com26 Apr 2016

Ask your HR department for details about the fund, trustees and returns

I would rather be conservative in my targets and improve: Arun Jaitley

I would rather be conservative in my targets and improve: Arun Jaitley

Rediff.com1 Mar 2016

Finance Minister Arun Jaitley said the inflation index would determine the nominal growth figure, and it is better to set modest targets and outperform them.

The Crisis at India's public sector banks

The Crisis at India's public sector banks

Rediff.com26 Feb 2018

The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.

Manmohan on Modi: It doesn't behove a PM to stoop so low

Manmohan on Modi: It doesn't behove a PM to stoop so low

Rediff.com7 May 2018

The former PM attack on the Modi government for its "disastrous policies" and "economic mismanagement".

FIFA scam: Ex-Honduran leader pleads guilty in US bribery case

FIFA scam: Ex-Honduran leader pleads guilty in US bribery case

Rediff.com29 Mar 2016

Former Honduran President Rafael Callejas pleaded guilty on Monday to U.S. charges that he participated in bribery schemes that are under investigation at soccer's world governing body FIFA.

Amrapali: How the treacherous trio diverted homebuyers money

Amrapali: How the treacherous trio diverted homebuyers money

Rediff.com9 Aug 2019

The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rediff.com5 Feb 2017

The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.

The Armed Forces's COVID-19 Challenge

The Armed Forces's COVID-19 Challenge

Rediff.com1 May 2020

'The COVID-19 pandemic must push the military into a long-term reconsideration of its primary challenges.' 'There must be greater emphasis on humanitarian aid and disaster relief including the management of contagious illnesses and impending crises caused by climate change,' notes Ajai Shukla.

Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Rediff.com19 Apr 2019

Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.

100 days no development, Congrats: Rahul jabs PM

100 days no development, Congrats: Rahul jabs PM

Rediff.com8 Sep 2019

He attacked the dispensation over issues such as the state of the economy, the situation in Kashmir, the National Register of Citizens in Assam and action by probe agencies against opposition leaders.

Govt tightens noose around e-tailers, 9 depts to monitor biz

Govt tightens noose around e-tailers, 9 depts to monitor biz

Rediff.com30 Jan 2015

Each dept could handle a designated area.

'Politics has always been close to Bollywood'

'Politics has always been close to Bollywood'

Rediff.com11 Jan 2019

'People, who are objecting to the movie now, should have objected in 2014 when the book came out. But nobody did.'

The Ruler Who Changed India

The Ruler Who Changed India

Rediff.com23 Jan 2020

Sher Shah Suri ruled for only a few years, but his huge influence on India continues six centuries later, reveals Farhat Nasreen.

Another day, more hidden currency is flushed out in crores

Another day, more hidden currency is flushed out in crores

Rediff.com15 Dec 2016

Crores of new currency notes continue to tumble out of lockers and hidden locations as authorities conduct raids and searches across the country.

Mallya 'devastated' to lose control of Force India F1 team

Mallya 'devastated' to lose control of Force India F1 team

Rediff.com30 Jul 2018

The administration was triggered by Force India's Mexican driver Sergio Perez, supported by engine provider Mercedes and team sponsor BWT who were also owed money by a team struggling financially.

Loan default case: ED quizzes ex-CFO of Kingfisher Airlines

Loan default case: ED quizzes ex-CFO of Kingfisher Airlines

Rediff.com11 Mar 2016

The agency is also investigating the overall financial structure of Kingfisher Airlines.

PNB scam fallout: Govt plans bank-holding company

PNB scam fallout: Govt plans bank-holding company

Rediff.com26 Feb 2018

While the formation of a holding company will not outright privatise State-owned banks, officials believe it will help the Centre deflect criticism arising out of the latest banking scams.

How NSEL scam derailed commodity market in 2013

How NSEL scam derailed commodity market in 2013

Rediff.com25 Dec 2013

Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.

What the world expects from Biden

What the world expects from Biden

Rediff.com11 Nov 2020

It would be a huge achievement if the new administration manages a successful transition to some sense of domestic and international normalcy in these frantic times marked by the pandemic and rise of illiberal regimes across the world, observes Shreekant Sambrani.

Investors in Indian commodity exchanges jump ship

Investors in Indian commodity exchanges jump ship

Rediff.com7 Feb 2014

It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.

He's fascinated by white-collar crimes!

He's fascinated by white-collar crimes!

Rediff.com2 Nov 2016

'There is much scope for ingenuity and inventiveness, and the stakes are very high.'

How to ensure your bank account remains safe

How to ensure your bank account remains safe

Rediff.com24 Oct 2016

With cyber criminals becoming savvier by the day, learning how to safeguard yourself is imperative.

Monnet Ispat first stressed firm to get bids

Monnet Ispat first stressed firm to get bids

Rediff.com13 Dec 2017

JSW Steel is learnt to have submitted its resolution plan along with AION Capital

Bohra community contributing to 'Mission of Vikas': PM Modi

Bohra community contributing to 'Mission of Vikas': PM Modi

Rediff.com14 Sep 2018

The prime minister also praised the Dawoodi Bohras, a sect within Shia Islam known for their trading and business acumen, for their efforts in making the Swachh Bharat Abhiyan a success.

Sebi's plan to sell select assets of Mallya falls flat

Sebi's plan to sell select assets of Mallya falls flat

Rediff.com29 Nov 2017

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.

Gujarat polls: Congress promises farm loan waiver, Indira canteens, special quota

Gujarat polls: Congress promises farm loan waiver, Indira canteens, special quota

Rediff.com5 Dec 2017

The Congress, desperate to make a comeback in Gujarat, which has been ruled by the Bharatiya Janata Party for over 20 years, has tried to reach out to various sections of society in its blueprint unveiled.

Read this before going for private locker service

Read this before going for private locker service

Rediff.com2 Sep 2016

Private players offer convenience for slightly higher rental than banks.

Why crypto-assets need to be regulated, not banned

Why crypto-assets need to be regulated, not banned

Rediff.com16 Feb 2019

Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.

India is proficient in making laws but lax in enforcing them

India is proficient in making laws but lax in enforcing them

Rediff.com21 May 2015

Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.

Curb betting in cricket to check black money: SIT

Curb betting in cricket to check black money: SIT

Rediff.com24 Jul 2015

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.

Ex-FIFA official Blazer's 2013 plea agreement made public

Ex-FIFA official Blazer's 2013 plea agreement made public

Rediff.com16 Jun 2015

US prosecutors on Monday made public their 2013 plea agreement with Chuck Blazer, revealing that the former FIFA executive committee member had been secretly providing authorities information for nearly two years before he admitted guilt.

DDCA president Bansal refutes Azad's accusations

DDCA president Bansal refutes Azad's accusations

Rediff.com20 Dec 2015

Reacting to Kirti Azad's expose on the alleged DDCA scam, President Sneh Prakash Bansal has strongly refuted the charges saying that no company bill mentioned in the sting operation exists in the cricket body's transaction records.

5 reasons to be wary of Aadhaar

5 reasons to be wary of Aadhaar

Rediff.com22 Apr 2017

Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.

Is there a great deal of trust in the private sector?

Is there a great deal of trust in the private sector?

Rediff.com19 Mar 2018

With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.

'Devalue the Rupee by 24%'

'Devalue the Rupee by 24%'

Rediff.com17 Sep 2019

'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'