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MOVABLE ASSETS TRACKING
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
Prateek Yadav dies: From Rs 5 crore Lamborghini, luxury gyms to real estate empire, a look at his lavish lifestylePrateek Yadav net worth: Prateek Yadav, son of Mulayam Singh Yadav and stepbrother of Akhilesh Yadav, passed away at a Lucknow hospital. A ...
Akali leader Bikram Majithia arrested in Amritsar for 'laundering' Rs 540 cr of 'drug money'The Punjab Vigilance Bureau arrested senior Akali leader Bikram Singh Majithia following raids at 25 locations, including his Amritsar resi...
$2 bn scam in 2018 to arrest in 2025: A timeline of India's biggest banking scam by Mehul Choksi & Nirav ModiFugitive diamantaire Mehul Choksi, implicated in the massive PNB fraud, was apprehended in Belgium after evading authorities since 2018. Hi...
Shashi Tharoor Lok Sabha nomination affidavit shows exposure to Bitcoin ETFShashi Tharoor, former Minister of State for HRD and External Affairs and Congress candidate for the Thiruvananthapuram Lok Sabha seat in t...
Jan-end new deadline to enter details of existing non-convertible securitiesThis is the second time Securities and Exchange Board of India (Sebi) has extended the deadline to comply with the rules
Sebi extends time till month-end for entering details of existing non-convertible securitiesThe regulator, in August 2021, asked depositories to use blockchain technology to record and monitor security creation as well as covenants...
ED’s attachment of former BPSL chief Singhal’s properties upheldEarlier this week, the adjudicating authority had confirmed the attachment of the properties--a house in Jor Bagh worth Rs 74 crore, anothe...
SC asks RBI to frame norms for banks to give issuer details in cases of cheque bouncingThe bench expressed concern over the fact that trials in cases of cheque bouncing take years even though they are mandated by the law to be...
Home sales, benami deals grind to a haltSluggishness in market will continue until actual reduction in interest rates and property prices that could be a reality in the next few m...
Rs 6,000 crore to Rs 9,000 crore: Kingfisher Airlines' dues grew 50% in 5 yearsIn the interim, several movable assets - such as small aircraft and vehicles - have been all but reduced to scrap.
AgustaWestland scam: ED slaps laundering case against ex-IAF chiefEnforcement Directorate decided to slap a criminal case to track the "illegal money" of the bribe.
I-T department to slap fresh demand notices on NokiaThe Income Tax department is set to issue fresh demand notices for payment of taxes to the tune of Rs 1,000 crore.
- Railways to carry out safety audit of rolling stock: Mukul Roy
Railways will carry out a safety audit of its rolling stock like coaches and other movable assets and track infrastructure to prevent misha...
ET Awards' Agenda for Renewal 2011: Follow the rules or face consequences, says Digvijay Singh, General Secretary, AICCDigvijay Singh, General Secretary, AICC says that the era of shortcuts has ended. "If each one of us disciplines himself/herself, most of o...
- Tax authorities to locate foreign assets of Hasan Ali Khan
Both I-Tax Dept and ED are planning to send fresh requests to a few countries where they suspect that Khan owns properties including UK and...
- Citibank fraud brings big deals under I-T scan
The Income Tax department will use a specially developed tool called Individual Transaction Statement to track transactions of high networt...
- Politicians swim in wealth, but shy away from bourses
Politicians rank among the richest in the country. But most of them have steered clear of the stock markets, as can be seen from affidavits...
- Banks want registry to check asset stripping
Bankers the world over often worry about not just interest rate movements, but also stripping of assets, among other things, by unscrupulou...