The panel, headed by Congress leader Veerappa Moily, cited three estimates pegging black money between $216.5 billion and $ 490 billion over various periods between 1980 and 2010.
A tax official said the FY19 seizure was substantial because of general elections which resulted in higher volume of information received by the department on the use of unaccounted money in the form of cash.
For 5G to become reality in India, telecom companies back home may need investments of up to around `1 lakh crore only in laying fibre networks over the next 2-3 years. Higher land cost and right of way approvals make fiberis
SEA president Atul Chaturvedi said that the delayed onset of monsoon, which arrived at the Kerala coast on June 8, and the subsequent tardy progress has resulted in a whopping 42% rainfall deficit across the country till June
TEA president Raja M Shanmugham said four of their members exporting goods transported through lorries to the Tuticorin port were stopped at a location called Pandalkudi.
Alkali industry has asked for an increase in customs duties on imports of caustic soda and soda ash from the existing level of 7.5% to 12.5% for both products.
Union Budget 2019 India: The participants shared their views in five distinct groups on the themes of “macro-economy and employment, agriculture and water resources, exports, education, and health”, the Prime Minister’s
Union Budget 2019 India: The Budget will have to do a balancing act to revive investment, increase farm productivity, drive consumption and keep the fiscal deficit under control.
The Goods and Services Tax (GST) Council on Friday extended the tenure of the anti-profiteering authority by two years to November 2021, in what went against its past assertions that the body will have only a transient existe
The Bombay HC said, “only, if their Online Fantasy Sports Gaming is ‘gambling’ or ‘betting’ (which it is clearly not), there is a scope to infer possibility of any tax evasion.”
Commerce and industry minister Piyush Goyal on Friday warned industry against violating the spirit of the law and asked lawyers and consultants, including of the big four firms, not to mislead investors into circumventing rul
NHPC chairman and managing director Balraj Joshi said the scheme would involve electricity transaction of around 18,620 million units at 85% PLF. This could clock a turnover of around Rs 7,000 crore per annum.
The majority of the committee of creditors across the three companies independently voted to appoint Anish Niranjan Nanavati as RP to replace the existing interim resolution professionals.
