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FAKE GOODS SALE
Online fake goods sale: Scrutiny amplified ahead of festive rushAuthorities are increasing scrutiny of online sellers and imports before the busy festive shopping period. The Central Board of Indirect Ta...- Non-grocery sections emerging as big business in quick commerce: Flipkart execQuick commerce platforms are expanding beyond groceries to include electronics and beauty products. Flipkart Minutes is focusing on non-gro...
- 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...
- Mumbai raid uncovers fake expiry dates, nutrition labels on food export productsIndian authorities raided an illegal operation in Mumbai last week. They seized nearly eighty thousand dollars worth of faked food export p...
- How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
- The ethanol story is changing. Is investing in the ecosystem the better way? 15 stocks across different market cap segmentsThe ethanol story started simply enough: Cut India's dependence on imported crude oil. It would save foreign exchange. Give farmers a new a...
- Warren Buffett's way to distinguish a great investor from a lucky one. Which one are you?In a bull market, everyone looks like a genius. Warren Buffett, having just booked what he believed was the largest one-year gain any Ameri...
- How AI is helping pharma prevent drug recalls, counter fakes and improve patient safetyArtificial intelligence is revolutionizing the pharmaceutical sector by significantly reducing the instances of drug recalls. By improving ...
- Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
- GST law panel clears proposal to shield buyers' input tax credit from supplier defaultsA GST Council proposal will protect buyers from losing input tax credit. This protection applies if suppliers fail to deposit taxes with th...
- This is how a company tricks you into thinking it's bigger than it is in realityRevenue is not always the amount written on the invoice. The final number can change because of rebates, returns, penalties, warranties, cu...
- Government’s digital bet is helping taxman zero in on GST fraudThe government in last few years has created data centres that were looking at several trends and red flags in the data thrown up by Goods ...
- Tax sleuths uncover Rs 650 crore fake invoice scam in MaharashtraAnand Mangal was arrested and sent to judicial custody until March 8 by a local court in Panvel.
- 1 in 5 products sold by e-tailers is fake: SurveyAsked which e-commerce site ships the highest percentage of fake goods, 37% of respondents said Snapdeal, 22% Flipkart, 21% Paytm Mall and ...
- Govt looks to check sale of fake goods onlineThe talks for such a system, which may be called ‘cashback’, is at a conceptual stage. The mechanism being considered would be voluntary in...
- 'E-commerce market places should have no-fake policy'"The e-commerce market places need to have a no-fake policy to address problems relating to selling fake products on their platforms," he s...
- Flipkart booted out 40 sellers in order to improve the quality of its marketplaceFlipkart has 60,000 sellers on the platform, with Delhi constituting about 20,000 sellers alone followed by cities such as Surat, Bengaluru...
- Shopping online? Beware of counterfeit productsAs more people migrate online from the brick-and-mortar retail format in search of good deals, the counterfeit market is following suit.
- Fake luxury products market in India to double by 2015: StudyThe counterfeit luxury retail market in India is likely to double to Rs 5,600 crore by 2015.
- eBay fined for selling fake Louis Vuitton goods onlineA Paris commercial court on Monday ordered Internet auctioneer eBay to pay 40 million euros in damages to Luis Vuitton for selling fake lux...
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