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DEMONETISATION
India fallen way down list of nations deemed liberal democracies under Modi govt: SoniaSonia Gandhi, in her memoir, critiques the Modi government's impact on India's democratic institutions and social fabric. She highlights th...
CM Chandrababu Naidu wants to scrap Rs 500 notes, wants only currency like 100 and Rs 200 in circulation to help tackle corruptionIndian rupees news: N Chandrababu Naidu has reiterated his demand to withdraw high-denomination currency notes like Rs 500. He believes tha...
Cement trader deposits Rs 14.74 lakh during demonetisation, gets tax notice over Rs 5.72 lakh unexplained cash; wins case in ITAT CuttackMr. Patra, a cement trader from Balasore, encountered problems with the Income Tax Department over cash deposits that were deemed unexplain...
Insurance agent deposits Rs 35 lakh cash collected from policyholders in his bank account, gets tax notice; he fights and wins in ITAT JaipurPolicyholders gave Rs 35 lakh cash as insurance premiums which agent deposited in his bank a/c; Income Tax Dept sent agent notice for unexp...
Long & short of SIR: What happens when exclusion is prioritised over inclusionThe SIR process is leading to the exclusion of approximately 12 crore eligible voters from electoral lists. Wrongful deletions from the pre...
Christmas cheer, but caution remains: Exporters welcome US tariff relief, keep diversification plansUS President Donald Trump’s decision to waive proposed tariffs of up to 100% on buyers of Russian oil has eased uncertainty for Indian expo...
Echoes of 2017: Why domestic flows alone won't rescue Indian equitiesStrong domestic inflows through SIPs and mutual funds are failing to sustain Indian equity returns amid continuous FII selling and moderati...
Brother-in-law caught with Rs 4.34 lakh worth of foreign currency; income tax officer sends notice; he wins case in ITAT Delhi with help from sister-in-lawA brother-in-law got into trouble when he was found with Rs 4.34 lakh in foreign currency. A tax officer sent him a notice about it. But, t...
The millennial midlife crisis: It is Zindagi Na Milegi Dobara minus Spain, minus skydiving and minus, frankly, the menMillennials are experiencing a midlife crisis defined less by one dramatic event and more by several anxieties arriving at once: ageing bod...
Books, coffee and banking: Anup Bagchi the ICICI lifer set to lead HDFC BankAnup Bagchi, who has spent 34 years at ICICI Group, will join HDFC Bank as managing director. He has held various leadership roles, oversee...
Medicine shop owner deposits Rs 2.47 crore cash in bank account, gets income tax notice for unexplained cash; wins case in ITAT Delhi for this reasonMr Kumar, a medicine shop owner had deposited Rs 2.47 crore cash in his bank account during demonetisation period, he got an unexplained ca...
RBI completes 1 trillion rupee net debt sale for first time in a decadeIn a historic move, India's central bank has recorded net sales of bonds amounting to 1 trillion rupees this financial year. With predictio...
Estimating is not fudging: Decoding the needless jump from 'GDP is estimated' to 'GDP can't be trusted'India poses an exceptionally difficult statistical challenge because hundreds of millions work on farms, tiny shops, construction sites and...
Big to get bigger: India's UPI fee shift to entrench dominant incumbentsPhonePe and Google Pay could earn about $900 million annually from India’s new UPI merchant fee regime by March 2028, according to Bernstei...
Gold biscuit recovery from Maoist supply dumps: Risking life but not wealth, rebels picked safe haven assetA Maoist dump is a concealed underground cache, usually deep in the forest and sometimes placed in plastic drums or other containers before...
5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reasonBangalore landowners get relief from undisclosed rental income tax notice after proving in ITAT that their partnership firm received the re...
Modinomics at 76: The birthday cake, the candles and the numbersPM Narendra Modi turns 76 as he completes nearly 12 years in office, a period that has reshaped India’s economic landscape through infrastr...
Explainer -- India's UPI MDR shake-up: What changes and why it mattersIndia will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...
- No alliance with BJP ahead of 2028 assembly polls, says KT Rama Rao
The Bharat Rashtra Samithi (BRS) has officially stated it will not ally with the Bharatiya Janata Party (BJP), while expressing support for...
Landlord deposited Rs 14.96 lakh cash during demonetisation, got tax notice: ITAT Bangalore grants reliefLandlord took rent in cash, deposited Rs 14.96 lakh cash during demonitisation period; got Income tax notice, he wins case in ITAT Bangalor...