Search Results for: Income-tax

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Japan helps to accelerate economic activity in ASEAN

Myanmar/ Malaysia, Nov 25 (ANI): Myanmar has become a new investment destination. The rapid economic growth and rise in per capita income in the country has generated a demand for payments through credit cards. In order to construct a cashless electronic retail payment environment, Myanmar Payment Union (MPU) was established by the Central Bank of Myanmar with 17 local banks to promote the acceptance and issuance of payment cards in the country. MPU started the first ATM card payment system interconnecting through the local banks, with issuing the MPU Debit card in 2012. JCB, a major global payment brand based in Japan, has partnered with MPU and promotes the development of payment infrastructure at a rapid pace. However, the challenges still remain in social infrastructures such as stable electricity and tele-communication. Nov 25, 2014
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Reactions pour in after Azam Khan says Taj Mahal should be handed over to Waqf Board

New Delhi/Lucknow, Nov 21 (ANI): Reactions poured in on Friday after SP leader Azam Khan said that the income generated from the Taj Mahal should be handed over to Waqf Board since the monument is a mausoleum. Minister of State for Minority Affairs Mukhtar Abbas Naqvi said that Waqf Board should take care of their properties and Taj Mahal is the property of the country. BJP leader Siddharth Nath Singh taking a dig over Azam Khan said that Khan has not been able to take care of his own buffaloes, he won't be able to take care of Taj Mahal either. BSP leader Sudhindra Bhadoria slamming Azam Khan said that Khan has always been making controversial statements. However, Muslim Cleric Khalid Rashid Firangi Mahali welcomed Azam Khan's statement and said that the demand is absolutely right. Nov 21, 2014
Tour Odéon Monaco

Behold! The Most Expensive Homes in the World (PHOTOS)

Investors usually bank their money on brick-and-mortar assets and that is perhaps why the luxury market never lost its gleam. In honor of the strength of the luxury property market, we present to you the most expensive homes of the world. Nov 17, 2014
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BJP accuses Congress leader of stashing black money

New Delhi, Nov 12 (ANI): India’s ruling Bharatiya Janata Party (BJP), has alleged that many senior leaders of opposition Congress party had stashed black money not only abroad but also at home. BJP spokesperson Sambit Patra, during a news briefing accused spokesperson of Congress party, Abhishek Manu Singhvi, of evading taxes and generating black money. Patra was reacting to the Income Tax Department's Settlement Commission move to slap Singhvi with a penalty of Rs. 56.57 crore, and its decision to add over Rs. 91.95 crore to his declared professional income for a period of three years. Patra said that the Income Tax department also contested Singhvi’s claim that he purchased laptops worth rupees five crore for his staff members over three financial years. Nov 12, 2014
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