Finnish mobile firm Nokia has been slapped a Rs 2,000 crore notice by the I-T department for alleged evasion of taxes. The notice says that the firm needs to submit that amount within a week's time.
Former Bharatiya Janata Party president Nitin Gadkari was questioned for more than four hours yesterday. The interrogation happened in connection with the financial misappropriation in his company Purti Group. The BJP leader was also questioned in Nagpur over ...
Income Tax officials today reached the offices of Telugu film producer and distributor Dil Raju in Srinagar colony. They called it a 'survey' instead of a raid. The offices of Danyya DVV, who is the producer of Ram Charab Teja's 'Nayak' that released yesterday...
Nokia, India's second largest mobile phone manufacturing company in India, was raided by income tax officials. The company has been accused of tax evasion to the tune of Rs 3000 crore. The company's factory near Chennai was raided by Income Tax officials on th...
Mikhail Khodorkovsky, once Russia’s richest man, is expected to be freed from prison earlier than expected. A Moscow court the jail term for the former tycoon and his business partner Platon Levedev. Khodorkovsky was put behind bars for fraud, tax evasion an...
The US Congress approves travel and finance restrictions on Russian officials who are suspected of human rights violation. Author and historian Dr Gerald Horne says that this move will provoke Russia and sour the ties between the two countries.
Home Minister Sushil Kumar Shinde on Saturday said the utmost importance of detecting the sources of such finance, including the fake currency variant, its conduits, modus operandi and staunching its flow, is not lost on the government. He says the government ...
Prime Ministers of Spain and Italy deny that their countries will seek financial help anytime soon. Spanish PM Mariano Rajoy and Italian premier Mario Monti have separately said that seeking a bailout is not in the interest of their people. Both countries have...
After making some controversial statements, on reducing the marriageable age for girls, Indian National Lok Dal (INLD) leader OP Chautala now drags Congress leader Rahul Gandhi into a land row. Chautala accused Rahul of tax evasion while purchasing land in the...
After making some controversial statements, on reducing the marriageable age for girls, Indian National Lok Dal (INLD) leader OP Chautala now drags Congress leader Rahul Gandhi into a land row. Chautala accused Rahul of tax evasion while purchasing land in the...
Newshour | A 1,300 page audit report on Baba Ramdev's Patanjali Yoga Peeth reveals tax evasion and other financial fraud, that might soon come back to bite Baba Ramdev. After tall claims about how the Government is a 'gold medalist' in corruption, Baba Ramdev ...
The Revenue department has begun a final tax assessment of the various trusts associated with anti-graft activist Baba Ramdev. Ramdev is facing tax evasion notices just a few days after he concluded his highly dramatized agitation against corruption and black ...
Yoga guru Baba Ramdev, who is readying to commence his fight against corruption and black money, has now been placed under the Income Tax scanner. Union Finance Minister P Chidambaram has slapped cases on Baba Ramdev for alleged tax evasion. The government cla...
As finance minister, this is Prime Minister's first such move to buoy the Indian investors, domestic and foreign. General Anti Avoidance Rules or GAAR proposal is only a draft guidelines to send feedback, clarifies the Finance Ministry. The GAAR proposals had...
Two ministers in Prithviraj Chavan's cabinet have been accused of receiving bribes to sell prime coastal property at rock bottom rates. A Maharashtra Cabinet Minister allegedly received Rs 25 lakh from tile company NITCO to clear a plot in the CRZ. The CBI is ...
Two ministers in the Maharashtra cabinet are being probed for allegedly accepting bribe to sign away two main pieces of coastal land in Mumbai and Alibag to a business firm.