Money changers operating behind the RBI HQ in Mumbai said they would charge a 15% fee to convert Rs 1 crore.

The department will impose a penalty, which could be between 30 per cent and 120 per cent.

Regulator probing jewellery houses for violation of collective investment scheme rules, says Shrimi Choudhary.

Top corporates have paid more advance tax in second quarter this year.

The assets are estimated to be worth over Rs 6,000 crore.

The final list of bidders would be finalised only after the interested firms pay the earnest money deposit on June 30.

Huge margins, high custom duty and increasing demand among youngsters have led to exponential increase in smuggling of foreign cigarettes.

Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.

The enforcement agency had received queries from the Interpol to this effect in May last week.

Probe agency to set up special software to probe money trail in the case.

The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.

I-T department is investigating 20 listed companies suspected to have falsely claimed long-term capital gains tax exemption

An official request has been made to the CBI to get a notice issued through its Interpol wing

The framework does not allow settling of serious violations that have 'market-wide impact'.

Market regulator in talks with SBI Caps, UTI Infra for scrutiny and auction of properties.

Mallya, who was scheduled to appear on April 2, had asked for a month's time; if he fails to appear on April 9, agency will seek a non-bailable warrant

This is part of a strategy to mop up as much revenue as possible in the current financial year.

I-T department raises tax demand on them for unpaid tax deducted at source

The investigating agency is examining the documents.

According to sources, both the departments have already laid their claim on the proceeds from the sale of the property