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Khushboo Narayan
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Direct tax collections in Q1 FY 21-22 jumps 66% from that of FY 19-20Subscriber Only
June 15, 2021 14:51 IST
Income tax data accessed by The Indian Express shows the total direct tax collection for FY 21-22 as on June 14 stood at Rs 1.68 lakh crore up by 66 per cent from Rs 1.01 lakh crore in FY19-20, the year before the Covid-19 pandemic.
Tue, Jun 15, 2021
CBI opposes Choksi’s bail plea in Dominican HCSubscriber Only
June 13, 2021 01:00 IST
Mehul Choksi has been accused of defrauding Punjab National Bank (PNB) of Rs 13,600 crore. An affidavit filed by Sharda Raut, deputy inspector general of police, CBI said, Choksi is an “international fugitive who continues to evade law enforcement in India”.
Sun, Jun 13, 2021
No change in rates, growth pared, sops for more: RBISubscriber Only
June 05, 2021 03:54 IST
Unveiling the bi-monthly monetary policy, the RBI unveiled a Rs 15,000-crore liquidity window for contact-intensive sectors like hotels and tourism, and announced securities purchases of Rs 40,000 crore in June and Rs 1.2 lakh crore in the September quarter.
Sat, Jun 05, 2021
Explained: Why is the NCP opposing RBI supervision of cooperative banks?Subscriber Only
June 04, 2021 08:39 IST
The changes to The Banking Regulation Act approved by Parliament in September 2020, brought cooperative banks under the direct supervision of the RBI. Why is the NCP opposing the new laws?
Fri, Jun 04, 2021
Deportation case: Court adjourns, Mehul Choksi lawyer says next hearing only on July 1Subscriber Only
June 03, 2021 07:58 IST
Mehul Choksi has now been sent to the hospital under police protection for the treatment of injuries sustained by him.
Fri, Jun 04, 2021
Firms line up to bid but vaccine makers say have no agentsSubscriber Only
May 28, 2021 04:12 IST
This comes as several states float global tenders and, at the same time, underline that the Centre should procure the vaccines rather than make them compete in the global market.
Fri, May 28, 2021
Maharashtra, Mumbai global call: Firms line up to bid but vaccine makers say have no agentsSubscriber Only
May 28, 2021 03:56 IST
This comes as several states float global tenders and, at the same time, underline that the Centre should procure the vaccines rather than make them compete in the global market.
Fri, May 28, 2021
Mehul Choksi held ‘fleeing’, lawyer contests not citizen, can’t be sent to IndiaSubscriber Only
May 27, 2021 08:44 IST
Wayne Marsh, Choksi's attorney in Dominica, said the businessman told him he had been abducted by "an Indian and Antiguan" police officer on May 23 while on his way to a restaurant for dinner.
Fri, May 28, 2021PNB-accused Mehul Choksi goes missing in Antigua, family claims no clueSubscriber Only
May 25, 2021 07:23 IST
Mehul Choksi's aide also claimed that Choksi has citizenship of another Caribbean nation. India does not have an extradition treaty with Cuba.
Wed, May 26, 2021
Looking for Sarnaik, ED visits Lonavala resortSubscriber Only
May 19, 2021 03:52 IST
The Enforcement Directorate has initiated an inquiry into the whereabouts of Shiv Sena MLA Pratap Sarnaik, who has not responded to three summons issued by the agency in connection with an alleged Rs 175-crore money laundering case, sources told The Indian Express.
Wed, May 19, 2021
Explained: Why does Sebi want to reclassify promoters?Subscriber Only
May 16, 2021 00:52 IST
The Sebi has proposed doing away with the classification of ‘promoter’ concept and moving to ‘person in control’ system and scrapping the ‘promoter group’.
Tue, May 18, 2021
Amid Covid effect, bank steps, wilful defaults rise Rs 38,976 croreSubscriber Only
May 11, 2021 03:05 IST
With this, total wilful defaults amounted to Rs 2,44,602 crore from 12,917 accounts as of December 2020, as against Rs 2,05,606 crore from 12,255 accounts in December 2019, according to data available from credit information bureau TransUnion CIBIL.
Tue, May 11, 2021
Under CBI lens, 6 firms owned by Maharashtra former minister Anil Deshmukh’s sonsSubscriber Only
May 05, 2021 04:18 IST
The CBI is investigating Deshmukh for corruption and alleged “attempt to obtain undue advantage for improper and dishonest performance of the public duty”.
Wed, May 05, 2021
Explained: New SEBI rule for fund manager compensationSubscriber Only
April 30, 2021 04:15 IST
Key personnel here refers to the likes of chief executive officer, chief investment officer, research head and their direct reportees.
Fri, Apr 30, 2021
Anil Deshmukh attempted to obtain undue advantage for dishonest performance of his public duty: CBISubscriber Only
April 24, 2021 17:22 IST
The CBI has charged Deshmukh under Section 7 of the amended Prevention of Corruption Act (PCA), 2018, along with Section 120 B of the Indian Penal Code (IPC).
Sat, Apr 24, 2021
CBI files FIR against Anil Deshmukh in corruption case, conducts searches across MaharashtraSubscriber Only
April 24, 2021 09:54 IST
Anil Deshmukh has been charged under Section 7 of the amended Prevention of Corruption Act, and Section 120 B (criminal conspiracy) of the Indian Penal Code (IPC).
Sat, Apr 24, 2021
Covid surge adding to uncertainty, RBI keeps key rate unchangedSubscriber Only
April 08, 2021 04:32 IST
The central bank, however, announced a bond-buying calendar which will ensure that borrowers reap the benefits of a low interest rate regime.
Thu, Apr 08, 2021
Compliance burden reduced for listed cos, but disclosures go upSubscriber Only
March 26, 2021 03:08 IST
The BRSR will be applicable to the top 1000 listed entities (by market capitalization), for reporting on a voluntary basis for FY 2021 – 22 and on a mandatory basis from FY 2022 – 23, the regulator said.
Fri, Mar 26, 2021
Startup listing rules, exit route relaxedSubscriber Only
March 26, 2021 01:11 IST
Currently, the capital market regulator’s rules stipulated that at least 25 per cent of pre-issue capital of a start-up wanting to list should have been held by an eligible investor for at least two years. In its board meeting on Thursday, the SEBI board has cut this to a year.
Fri, Mar 26, 2021
Sebi relaxes valuation norms for AT1 bonds: reasons why, and likely impactSubscriber Only
March 23, 2021 12:18 IST
While there may not be panic redemptions now, the main issues remain: AT1 bonds will continue to be treated as 100-year bonds and there will be unwinding of positions by mutual funds in a specific timeframe.
Wed, Mar 24, 2021
Probe into Saradha Group: CBI searches premises of 3 senior SEBI officersSubscriber Only
March 22, 2021 12:56 IST
The Saradha Group went bust in April 2013 after it defaulted on repayments to depositors. The group raised Rs 2,400 crore from 1.7 million small investors through various collective investment schemes.
Tue, Mar 23, 2021
Direct tax collection beats FY21 revised estimatesSubscriber Only
March 18, 2021 04:07 IST
As per tax data accessed by The Indian Express, direct tax collection, as of March 16, stood at Rs 9.18 lakh crore, about Rs 18,000 crore higher than the revised estimates.
Thu, Mar 18, 2021Explained: Why have Sebi’s new AT1 bond norms raised a storm among mutual funds?Subscriber Only
March 13, 2021 11:24 IST
The Finance Ministry has asked the regulator to withdraw the changes as it could lead to disruption in the investments of mutual funds and the fund-raising plans of banks.
Tue, Mar 16, 2021
Over Rs 650 cr discrepancies found after raids on Pannu, Kashyap and others, claims IT DeptSubscriber Only
March 04, 2021 20:35 IST
About 168 tax officials have been searching 28 locations in Mumbai and Pune in connection with the alleged tax evasion by firms connected to Kashyap, his former business partners, Pannu and two talent management firms.
Fri, Mar 05, 2021I-T knocks on doors of Anurag Kashyap, Taapsee Pannu; because they spoke up, says OppSubscriber Only
March 04, 2021 04:33 IST
The raids elicited a strong response from the Maharashtra state government which called it an attempt by the Centre using agencies to intimidate those who spoke out against the BJP government.
Thu, Mar 04, 2021Journalism of Courage
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