The bill gives certain exemptions to government for the purposes of investigation or for the purpose of ascertaining the financial information and assets and liabilities of any person who has defaulted in payment due on account of a loan or advance taken from a financial institution.
Telecom company Bharti Airtel on Monday said it has prepaid Rs 8,024 crores to the Department of Telecom towards prepayment of deferred liabilities pertaining to spectrum acquired in an auction held in 2015.
New Delhi [India], July 17: Tax planning is a crucial aspect of personal finance that involves the strategic management of one's financial affairs to minimize tax liabilities and maximize savings. By utilizing legal provisions and tax-efficient strategies, individuals can optimize their fina
New Delhi [India], June 2: Max Life Insurance Co. Ltd. and Axis Bank, one of India's largest private sector banks, celebrate the completion of thirteen years of Bancassurance partnership which has protected the financial future of its customers with a comprehensive suite of life insurance so
Younis Haji Al Khouri, Undersecretary of the Ministry of Finance, said, "The new decisions aim to simplify the process of determining taxable income in addition to providing tax relief for intra-group transfer of assets or liabilities between members of the same qualifying group or when carr
In a significant development that brings relief to the people of Jammu and Kashmir, the government has released over 62 crore rupees to clear liabilities accumulated from completed works under the 14th Financial Commission Award (FCA) and Back to Village (B2V) program.
The lender's revenues went up 31.76 per cent to Rs 28,132.23 crore for the quarter under review, against Rs 21,350.59 crore. Assets and liabilities grew 11.52 per cent to Rs 14,93,648.94 crore in the March quarter, against Rs 13,39,301.13 crore in the year-ago period.
"Chief Minister, Thakur Sukhvinder Singh Sukhu has announced to pay the liabilities of overtime allowance and night allowance of the Drivers and Conductors of HRTC to the tune of Rs. 11 crore in two instalments within a period of two months. He was presiding over a meeting of four Employees
The lender said its operating expenses surged 12.97 per cent to Rs 3,639.93 crore in the reviewed quarter, against Rs 3,221.85 crore in the corresponding period the previous year, according to a statement shared with exchanges on Monday.
The recent imposition of a USD 2.48 million fine by a Pakistan civil court on China National Petroleum Corporation for allegedly violating the contract signed with the Petroleum Exploration (Pvt.) Ltd. has again brought forth the increasing economic mistrust between the two countries accentu
The scope of the forensic audit varies from case to case but the forensic auditor is largely required to assess the status of assets and liabilities of the trading member and ascertain its positions vis-a-vis funds as regards to details of client payables, client receivables and funds availa
Mumbai (Maharashtra) [India], April 18 (ANI/PNN): Zakat is one of the five pillars of Islam along with the other forms of Worship, like Salah (prayer) and Sawm (fasting). Its fundamental importance lies in the fact that it fosters the quality of sacrifice and social equity. It is a mandatory