PNB fraud case: Govt to auction rare art belonging to Nirav Modi; MF Husain's work among assets to come under hammer
Indian tax authorities raised about $8 million in an auction conducted last year by Saffronart of rare oil paintings that were seized from Modi.
SIT on black money: Govt should make credit, debit card mandatory to pay bills; move will curb use of unaccounted money
Banks and institutions in India are fully geared to usher in a debit or credit card revolution, consumers have also realised the advantages and benefits of using debit or credit cards.
Don't overreach, overstate; act with a bit of restraint, says Finance Minister Nirmala Sitharaman to tax authorities
Meeting targets within deadlines was achievable even if they go about it with a bit of a "restraint", Nirmala Sitharaman said
Nirav Modi's art collection including rare oil paintings to be auctioned today; likely to fetch around Rs 50 cr
Indian tax authorities are hoping for a windfall with the auction on Tuesday of rare oil paintings that were once part of fugitive billionaire jeweller Nirav Modi’s collection and have been seized by the government
Govt plans to tighten rule for auditors after instances of misdeeds; to bolster corporate governance framework
In recent times, some auditing entities as well as auditors have come under the regulatory lens in connection with alleged misdoings at companies as well as for quitting audit work of corporates on various grounds
Income tax returns: Ahead of 31 July due date, a look at new changes in the filing process
While the deadline for filing the return remains the same at 31 July, one of the biggest change is the introduction of late filing fees of Rs 5,000 (if the return is filed by 31 December) or Rs 10,000 (if filed after 31 December).
I-T dept demands Rs 550 crore from Cadbury in tax dispute
India's tax office has demanded about Rs 550 crore ($88 million) from the local arm of chocolate maker Cadbury, now Mondelez International Inc, in a dispute over a factory in the foothills of the Himalayas,
SpiceJet's woes continue: Now DGCA wants to know how much the airline owes to banks, tax authorities
DGCA sources told CNBC-TV18 that SpiceJet has been asked several additional questions related to its dues.