Search Results for: Demonetisation

income tax defaulters, i tax name and shame, tax defaulters, raids on shell companies, crackdown on black money, modi govt and black money, it raids on shell companies

IT department unearths undisclosed income of Rs 5,400 crore post demonetisation

The undisclosed income amounting to over Rs 5,400 crore also includes valuables worth about Rs 610 crore and new currency notes that amounted to Rs 110 crore.

Jul 22, 2017

Home loan, fixed deposit interest rates might sink further

Banks crank up interest rate engines, reassess credit scenario ahead of possible RBI cut

Jul 20, 2017

India not taking adequate steps to ensure firms obey anti-money laundering laws: US

The US says that investigators "have had limited success in coordinating the seizure of illicit proceeds with Indian counterparts".

Jul 20, 2017

State of realty: Rotten foundations? Yes; unreal expectations? No

Prices haven't really dropped, new project launches are on full steam, but real estate inventories are more or less intact as demand stays down.

Jul 17, 2017

Income Tax department transfers 245 commissioners for non-performance

While most of the key officials have been transferred over non-performance, many officials were also re-located or shifted to other departments as they had been holding a post for two years or more.

Jul 17, 2017

GSTN portal to be ready for invoice uploading from July 24

Invoices for transactions above Rs 200 need to be generated on the GST network with records of serial numbers to claim input tax credit.

Jul 16, 2017

Mammootty, Shyamdhar, Pullikkaran Staraa

Mammootty's next is Pullikkaran Staraa; megastar reveals title poster, location photos out

Pullikkaran Staraa also has Asha Sarath, Innocent and Deepti Sati in main roles.

Jul 15, 2017

operation clean money, income tax department, suspicious deposits, tax harassment, tax terrorism, arun jaitley, indian tax payers, tax to gdp ratio in india, pm modi

Operation Clean Money: 6.6 lakh people identified with inconsistent tax profile

While 5.6 lakh people are from the second phase of the operation, the rest had not disclosed their bank accounts properly in the first round.

Jul 15, 2017

Has demonetisation stopped terrorism? Govt faces uneasy question from all quarters

On November 8, 2016, PM Modi had claimed that demonetisation would give a deadly blow to terrorism by drying up its funding. Eight months since then, the govt is facing tough questions on this, including from the ruling party.

Jul 14, 2017

Thanks Ramachandra Guha but Nitish Kumar will not make a successful Opposition face against Narendra Modi

Historian Ramachandra Guha made an interesting observation about Nitish Kumar taking up the leadership of the Opposition. But the man has not done Opposition politics for years now and will find it challenging to make his own space in Modi's India.

Jul 13, 2017

Walmart's 15 new stores in Maharashtra set to create about 30,000 jobs in the state

The new Walmart outlets in Maharashtra will be operational in the next two years and will an investment of Rs 900 crore, it will create about 30,000 direct and indirect jobs.

Jul 13, 2017

startup, indian startups, indian start-ups, startups in india, nasscom, indian it, it layoff, it hiring

Job growth in 2017: Hiring likely to be flat on GST, demonetisation and visa woes

Thanks to numerous factors such as the Goods and Services Tax, demonetisation, and H-1B visa woes, job growth this year is likely to be flat at 5-7 percent.

Jul 12, 2017

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Demonetisation: RBI governor Urjit Patel to appear before Parliament panel, says report

The RBI chief could shed light on the latest status of remonetisation, among other issues; he had earlier appeared before the panel in January.

Jul 12, 2017

aadhaar, bank accounts, cash, note bank, atm, pan, indian banks, bank account, account holder

Modi govt saved Rs 50,000 crore by removing corruption, says Ravi Shankar Prasad

1.16 billion people have entered the Aadhaar system so far, village level entrepreneurs will push it further.

Jul 11, 2017

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GST Impact: Auto, banking companies to see muted first quarter performance – Report

Auto and corporate lending are likely to "disappoint" with their Q1 performance, says a media report citing Birla Sun Life MF executive.