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Category: Taxation

October 28, 2018Taxation

Taxpayers beware! You can now be prosecuted even if you fail to file your income tax return on time

The Delhi High Court has recently approved initiating prosecution proceedings under Section 276CC of the Income Tax Act 1961, against an individual taxpayer […]

October 28, 2018Taxation

RBI deputy governor Viral Acharya reminds government the importance of an independent central bank

Reserve Bank of India deputy governor Viral Acharya on Friday spoke about the importance of importance of an independent central bank This theme […]

October 28, 2018Taxation

RBI to inject Rs 40,000 crore in November

The Reserve Bank on Friday said it will inject Rs 40,000 crore into the system in November through the purchase of government securities […]

October 28, 2018Taxation

With innovator growth platform, Sebi eases startup listing norms

Market regulator Securities and Exchange Board of India (Sebi) has recommended radical changes to make the existing institutional trading platform (ITP), which was […]

October 26, 2018Taxation

Sebi imposes Rs 70 lakh fine on 10 entities for fraud trade

Markets regulator Sebi Thursday imposed a total penalty of Rs 70 lakh on 10 entities for indulging in manipulative trade in the shares of […]

October 26, 2018Taxation

NPA crisis in banking sector an opportunity for bond mkt development: Sebi

Inviting all stakeholders to come forward with suggestions to boost the bond market ecosystem Ajay Tyagi has said there is an immense opportunity […]

October 25, 2018Taxation

Auditors must keep an eye on funds use in unlisted entities

Proper monitoring of end use of funds even at the last level of corporate structure is important to avoid instances like IL&FS, said […]

October 25, 2018Taxation

IGST Export Refunds-extension in SB005 alternate mechanism

Exporters are availing the refunds of IGST paid on exports regularly for more than a year now. It has been observed that […]

October 25, 2018Taxation

Moin Akhtar Qureshi: The man behind downfall of three CBI chiefs

After a year of squabbling between CBI director Alok Verma and special director Rakesh Asthana, both were sent on leave — and […]

October 25, 2018Taxation

Court reserves order on closure report in DDCA funds misappropriation case

A Delhi Court has reserved its order on whether to accept the closure report of the police in a case relating to alleged […]

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