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SC issues notice to Jayalalithaa over acquittal in disproportionate assets case

Jul 27, 2015

SC issues notice to Jayalalithaa over acquittal in disproportionate assets case

A bench comprising justices PC Ghose and RK Agrawal also issued notices to Jayalalithaa's close aide Sasikala and two of her relatives, VN Sudhakaran and Elavarasi, and asked them to file their replies within eight weeks. #Tamil Nadu #NewsTracker #Supreme Court #J. Jayalalithaa #Karnataka #Disproportionate Assets Case
I-T dept launches e-filing link for declaring illegal assets, black money

Jul 21, 2015

I-T dept launches e-filing link for declaring illegal assets, black money

The Income Tax department has launched a e-filing link on its official website for declaring illegal foreign assets and black money using the one-time compliance window notified recently by government. #Black money #NewsTracker #Income Tax Department #Income tax #illegal assets #tax returns
Burdened by debt, Air India to sell assets worth nearly Rs 250 cr

Jul 17, 2015

Burdened by debt, Air India to sell assets worth nearly Rs 250 cr

A senior ministry official today said the assets to be sold comprise four flats in Mumbai besides land parcels in Chennai and Coimbatore. #Business #air india #Civil Aviation Ministry #CompanyWatch #asset sale
Black money chase likely to flop: Jaitley, Modi have allowed politics to trump economics

Jul 04, 2015

Black money chase likely to flop: Jaitley, Modi have allowed politics to trump economics

The compliance window for declaring undisclosed foreign assets and incomes to the taxman is all stick and no carrot. It is unlikely that the big fish will bite - and the country may have lost an opportunity to use black money productively #Arun Jaitley #Modi #Real estate #Jaitley #black money amnesty #Foreign Assets Disclosure
Sebi warns MFs against misuse of investor education funds

Jun 30, 2015

Sebi warns MFs against misuse of investor education funds

Sebi UK Sinha said that merging of various MF schemes can bring down cost of ownership, and thus protect investors' interests. #SEBI #PolicyWatch #CII #UK Sinha #MF schemes #Asset Management Companies
Reliance Capital, ICICI Securities to manage Rs 60,000 crore coal PF

Jun 26, 2015

Reliance Capital, ICICI Securities to manage Rs 60,000 crore coal PF

A parliamentary panel has expressed its reservations about CMPFO not parking the funds in "an appropriate manner" and even suggested refering the matter to a central investigating agency. #Ministry of Coal #ICICI Securities #Anil Swarup #Reliance Capital Asset Management Company #Coal PF #Coal Mines Provident Fund Organisation
RBI financial stability report: An infra-bomb is ticking in state-run banks books

Jun 26, 2015

RBI financial stability report: An infra-bomb is ticking in state-run banks books

State-run banks, in particular, are already in a dangerous position on account of three major issues shortage of capital, lack of autonomy and the huge level of stressed assets #NPAs #Stressed Assets #RBI financial stability report
Karnataka govt moves SC against Jayalalithaa, says HC acquittal 'a farce'

Jun 23, 2015

Karnataka govt moves SC against Jayalalithaa, says HC acquittal 'a farce'

The Karnataka government today moved the Supreme Court against the acquittal of Tamil Nadu Chief Minister J Jayalalithaa in which it has reportedly said that the Karnataka High Court's verdict was a 'farce'. #NewsTracker #Supreme Court #J. Jayalalithaa #Karnataka #Karnataka High Court #Disproportionate Assets Case
Govt to provide small compliance window for those holding black money to come out clean

Jun 22, 2015

Govt to provide small compliance window for those holding black money to come out clean

Government is soon expected to notify a "small time" compliance window for those holding undeclared assets or black money abroad to voluntarily declare these to the taxman and come clean. #India #Black money #NewsTracker #assets #Tax #Income #compliance window