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BUSINESSMAN GIFTS EMPLOYEES CASH
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...- Surat textile businessman gifts ₹1 lakh cash to each of his employees on Diwali; watch videoRamswaroop Munde, a textile businessman in Surat, awarded each of his 50 employees a cash bonus. Instead of traditional gifts, he presented...
- Longer Diwali breaks: companies give employees more time to celebrateMany companies are providing extended breaks for their employees during Diwali to promote well-being and family connections. Embassy Group ...
- Indian Americans condemn Seattle Diwali disruption by far-right activist Jake LangFar-right activist Jake Lang disrupted a Diwali celebration in Seattle while carrying racist signs targeted at Hindus. Prominent Indian Ame...
- From Tata Tiago to Hyundai i20 and Harrier, Jodhpur company surprises employees with brand-new cars this DiwaliA Jodhpur-based education marketing agency, Mediagarh, surprised four employees with brand-new cars as Diwali gifts during its annual Sneh ...
- Rs 48 lakh in cash received from the sale of two properties, paid capital gains tax but received an income tax notice; taxpayer wins the case in ITAT Cuttack for this reasonMr. Purushottam residing in Kabisurya Nagar, encountered a penalty for accepting cash payments linked to his property sales. He sold two pr...
- Diwali 2026 Gift Ideas: What India Is Actually Buying This Year — From Gourmet Hampers to Smart GadgetsIn 2026, Diwali gifting trends are shifting towards practical and personalized choices, moving away from the classic sweets. Gifts in deman...
- Winning at Diwali gifting: Ditch the mithai, bring on the blingDiwali is celebrated with vibrant decorations, festive gatherings, and traditional rituals in India this year. Businesses are experiencing ...
- Art, culture and a personal touch shape new-age corporate giftingThis Diwali, corporate gifting is experiencing notable growth as companies prioritize personalized and curated hampers. Many businesses are...
- India Inc lights up Diwali with longer weekends, flexible work and extra pay for festive shiftsCompanies across India are making Diwali more employee-friendly through extended holidays, work-from-home options, practical gifts and work...
- Fake US officials, forged court orders and gold pick-ups: How a Hyderabad call centre targeted nearly 2 million citizens and stole Rs 261 croreThe Enforcement Directorate has uncovered a fake call centre syndicate that allegedly defrauded US citizens of millions. Investigators arre...
- Uttarakhand announces 3% DA hike for employees ahead of DiwaliUttarakhand Chief Minister Pushakar Singh Dhami has approved a 3% increase in Dearness Allowance for state employees. This decision raises ...
- Punjab CM Bhagwant Mann announces 3% DA hike for 8 lakh government employees this DiwaliPunjab Chief Minister Bhagwant Mann has announced a 3% increase in dearness allowance for state employees and pensioners. This decision wil...
- iPhone 16 as Diwali gift! Delhi company surprises employees with smartphones; watch their reactions in viral videoIn an unexpected twist this Diwali, a Delhi-based company gifted its employees with the iPhone 16 smartphones as festive gifts. A lively vi...
- Son gets income tax notice for Rs 33.23 lakh in property investment and cash; he gets relief in ITAT Jaipur for this reasonMother sold 642 grams gold jewellery, gifts the amount to son via notarised gift deed, son buys property and deposits cash in bank but gets...
- 36-48 months of salary as Diwali bonus, rumours or true? Micron's bonanza to Indian employees confirmed by techieMicron employees in India are reportedly receiving massive Diwali bonuses, with some payouts allegedly running into several times their ann...
- Thieves enter home after birthday party, use leftover cake to cover CCTV and steal Rs 9 lakh worth jewellery after woman posts gifts on InstagramThree burglars allegedly broke into a Kolkata businessman's home hours after his wife shared a picture wearing a Rs 5 lakh birthday necklac...
- ₹16 lakh jewellery, ₹3.88 lakh cash treated as unexplained income; here’s why the taxpayer wins at ITAT HyderabadIn a significant ruling, the Hyderabad ITAT absolves Mr Chintakunta of tax additions regarding unexplained cash and jewellery found during ...
- Forget festive hampers, companies are trading gift boxes for holiday getawaysCompanies are shifting towards offering travel vouchers as a preferred gifting option for employees. This change allows for more personalis...
- Kia Sonnet diwali bonus to employees: Pharma company CEO gifts cars to workers for the fourth consecutive yearWhile layoffs and cost-cutting put jobs under pressure, a Chandigarh-based company has gifted four Kia Sonet SUVs to loyal employees. The i...
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