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Adani Enterprises resolves US Treasury sanctions case with $275 mln settlement after 'proactive' disclosure, cooperationAdani Enterprises has agreed to a $275 million settlement with the US Treasury. This resolves potential civil liability for 32 apparent vio...- Revised NPS Swasthya Pension Scheme rules: Onboarding fee, coverage, claim process, premature exit and moreNew guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme...
- Self-reporting of unexplained income in ITR to save 50%: A permanent Voluntary Disclosure of Income Scheme (VDIS) in Budget 2026?Budget 2026 reshapes taxation of unexplained income. Self-reporting undisclosed income now attracts a 30% tax rate. This is a significant r...
- One time undisclosed foreign income disclosure scheme announced in Budget 2026 for these taxpayersA new scheme will allow small taxpayers to declare undeclared foreign assets. This one-time offer covers income or assets up to one crore r...
- Punjab extends deadline to apply for tube well electricity load enhancement till October 23This is for the second time that the state government extended the deadline, in view of the keen interest shown by the farmers, said an off...
- Haryana CM launches VDS for power consumersThe consumers could install new meter on payment of their outstanding bills without any penalty by voluntarily declared tampering or defect...
- PM Narendra Modi's direction to BJP MPs, MLAs on bank transactions a farce: AAPThe party alleged BJP leaders were "aware" of demonetisation much before November 8 and had "settled their unaccounted cash" by the time Mo...
- CAG may audit IDS, not individual declarationsThe official said no adverse action shall be taken by the Financial Intelligence Unit or the Income-Tax department solely on the basis of t...
- No tax waiver for revealing illegal assets: Finance minister Arun JaitleyThe disclosed income will get exemption from property tax and the person will not be questioned under income tax or property tax laws.
- TARC not in favour of tax amnesty to unearth black moneyHeaded by tax expert Parthasarthi Shome, the TARC has recommended that taxpayers should not be encouraged through tax amnesty schemes.
- No proposal to bring blackmoney amnesty scheme: Government"There is no proposal to bring general amnesty scheme for declaring the undeclared income," Arun Jaitley said in written reply in Lok Sabha.
- Haryana planning action against overdrawing of powerHaryana is planning to launch a massive drive to detect electricity connections unauthorisedly drawing more than their stipulated loads.
- Non-transparency exists in NRHM, says Panchayati MinistryThe UPA's flagship National Rural Health Mission has come under sharp criticism from within the government, with the Panchayati Raj Ministr...
- White Paper on black money against tax immunity schemesThe White Paper on black money today virtually ruled out the possibility of a voluntary disclosure or gold deposit tax immunity schemes to ...
- Budget 2012: No backdoor Voluntary Disclosure of Income Scheme, says Pranab MukherjeeThere is no "backdroor" Voluntary Disclosure of Income Scheme (VDIS) in the budget, Finance Minister Pranab Mukherjee made it clear today.
- As demanded by industrialists Ratan Tata, Anil Ambani, Anand Mahindra, Y C Deveshwar, N R Narayana Murthy, G M Rao, R P Goenka and Shashi Ruia, amnesty scheme on cards for black moneySources said devising an amnesty scheme was one of the demands of industry captains who had met the FM last month.
- VDIS scheme on disclosure of blackmoney in the offingA proposal for ushering in a similar scheme was proposed earlier by an expert group on blackmoney to the government.
- Amnesty schemes have helped past governments mop up resourcesThe recent string of scams since last year and rising chorus to bring back black income stashed in foreign banks has fuelled speculation ov...
- No amnesty norm for black money huntThe government has no plans of bringing in a new amnesty scheme for unearthing hidden wealth, the Rajya Sabha was told on Tuesday.
- MoF raises doubts about future amnesty schemesThe law ministry has raised some questions on the viability of future amnesty schemes.
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