ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

IT raids being carried out over possession of black money

New Delhi [India], Apr. 6 (ANI): The Income Tax Department (ITD) retaliated against black money holders after closing of the Pradhan Mantri Garib Kalyan Yojna (PMGKY).

ANI Apr 07, 2017 02:26 IST googleads

IT raids being carried out over possession of black money
New Delhi [India], Apr. 6 (ANI): The Income Tax Department (ITD) retaliated against black money holders after closing of the Pradhan Mantri Garib Kalyan Yojna (PMGKY). Since the closing of the PMGKY on March 31, the IT raided around 50 locations across the country. In Ahmedabad, a group engaged in the Infrastructure Business is being searched by the ITD. More than 30 premises are being searched across the country, including in Ahmedabad, Rajkot, Mumbai, Delhi and Hyderabad. The ITD is investigating into entries obtained by the company from Mumbai and Kolkata-based operators for meaningless sub-contract charges and various other expenses, aggregating to more than 100 codes. Based on credible information of the large scale tax evasion, investigation is also being conducted at 19 places in Pune of large groups engaged in the processing and trading of agricultural commodities. (ANI)

Get the App

What to Read Next

Business

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Pune (Maharashtra) [India], March 12: Car insurance renewal is often seen as a routine administrative task, but it is much more than that. It presents an excellent opportunity to review your existing policy, assess whether your coverage still matches your needs, and take steps to optimise your premium. By understanding the key factors that influence car insurance costs, such as vehicle value, driving history, add-ons, and usage patterns, you can make informed adjustments that reduce expenses without compromising protection. Thoughtful planning and small, strategic choices at renewal can help you save money, maintain comprehensive coverage, and enjoy greater peace of mind on the road.

Read More
Business

How Critical Illness Insurance Protects Families

How Critical Illness Insurance Protects Families

New Delhi [India], March 10: In India, a health crisis doesn't just affect the patient; it affects the whole family. Work may stop, savings may get used up quickly, and emotional stress becomes even heavier when money worries enter the picture.

Read More
Business

LPG booking period increased from 21 to 25 days: Govt Sources

LPG booking period increased from 21 to 25 days: Govt Sources

To stop hoarding and black marketing, the booking period for LPG gas cylinder has been increased from 21 to 25 days, government sources said on Monday.

Read More
Business

Petrol, diesel prices unlikely to rise unless crude crosses $130 per barrel: Sources

Petrol, diesel prices unlikely to rise unless crude crosses $130 per barrel: Sources

In order to stop hoarding and black marketing, the government has increased the minimum waiting period for booking domestic LPG gas cylinder refill to 25 days from the existing 21 days.

Read More
Business

SAMARYA CREATION LAUNCHES “MONEY KI BAAT ALPA KE SAATH”

SAMARYA CREATION LAUNCHES “MONEY KI BAAT ALPA KE SAATH”

New Delhi [India], March 9: India is the world's fifth-largest economy, home to one of the fastest-growing middle classes on the planet. And yet, a staggering 73% of its population remains financially illiterate. Millions of Indians earn money, spend money, and work their entire lives - without ever truly understanding how money works. Without that understanding, wealth doesn't build. It leaks.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.