Mumbai (Maharashtra) [India], Oct 18 (ANI): Unaccounted cash of over Rs 15 crore has been seized from Mumbai since the Model Code of Conduct came into force for Assembly Election in Maharashtra, the Income Tax Department informed on Friday.
Ahmedabad (Gujarat) [India], Oct 16 (ANI): The Income Tax Department has searched 16 premises belonging to two groups in cases of alleged unaccounted money and seized unaccounted cash of approximately Rs 7 crore, jewellery, incriminating documents and digital data, sources said.
New Delhi [India], Oct 16 (ANI): Private sector lender Federal Bank on Wednesday reported a healthy 56.7 per cent year-on-year growth in the second quarter profit due to other income and lower tax cost.
New Delhi [India], Oct 16 (ANI): INVENT, a British government-supported programme, has successfully incubated 160 startups across different sectors since its inception in 2016, according to a senior official.
Bengaluru (Karnataka) [India], Oct 15 (ANI): Former Karnataka deputy chief minister G Parameshwara on Tuesday appeared before Income Tax Department for a hearing in Bengaluru days after Rs 4.52 crores were recovered from raids conducted at premises linked to him.
New Delhi [India], Oct 15 (ANI): A delegation of the Congress party on Tuesday submitted memorandums to the Election Commission regarding "criminal intimidation of voters" in Haryana's Kaithal and alleged Income Tax raids on the residential premises of the staff of the party.
Bengaluru (Karnataka) [India], Oct 15 (ANI): IT services major Wipro said on Tuesday its consolidated net profit jumped 35 per cent to Rs 2,553 crore for the second quarter (July to September) of current financial year 2019-20.
New Delhi [India], Oct 15 (ANI): The Supreme Court on Tuesday set aside the Delhi High Court's order that had restrained the central government from taking action against lawyer Gautam Khaitan under provisions of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act,
Mumbai (Maharashtra) [India], Oct 15 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank for non-compliance with certain provisions of directions on Income Recognition and Asset Classification (IRAC) norms.
New Delhi (India), Oct 15 (ANI): Twitterverse was filled with congratulatory messages for Indian-origin economist and academic Prof Abhijit Banerjee, who bagged the 2019 Nobel Prize in Economic Sciences.
Stockholm [Sweden], Oct 14 (ANI): Indian-born economist Abhijit Banerjee, his French-American wife Esther Duflo and the US' Michael Kremer on Monday were awarded the Nobel Prize for Economic Sciences "for their experimental approach to alleviating global poverty."
Panaji (Goa) [India], Oct 12 (ANI): The Income Tax Department (I-T) has carried out a search operation at six premises of two business groups allegedly involved in the sale-purchase of hotel resort at Goa and seized undisclosed assets worth Rs 4.39 crore.