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Benami Transactions

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SC recalls 2022 verdict on benami law as unconstitutional

In a significant development, the Supreme Court on Friday recalled its 2022 verdict that had declared as unconstitutional two provisions of the law on prohibition of benami property transactions......

Lokayukta police book Karnataka CM Siddaramaiah in MUDA case

The Lokayukta police on Friday registered a first information report against Karnataka Chief Minister Siddaramaiah and others in the Mysuru Urban Development Authority site allotment case,......

ED gets 4-day custody of AAP MLA Amanatullah Khan in PMLA case

A Delhi court on Monday night remanded Aam Aadmi Party MLA Amanatullah Khan to four-day Enforcement Directorate custody in a money laundering case, observing that the material placed on record......

SC verdict on Adani 'extraordinarily generous': Cong

The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board......

ED seizes beach resort, land of Uddav aide Parab in money laundering probe

The Enforcement Directorate on Wednesday said it has "taken possession" of a beach resort and its land in Maharashtra's Ratnagiri worth Rs 10.2 crore as part of a money-laundering probe against......

'No Sunset Clause For Old Tax Regime'

'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a......

Govt to provide homes for 1cr urban poor, middle-class

The government on Tuesday announced central assistance of Rs 2.2 lakh crore over the next five years to meet housing requirement of 1 crore urban poor and middle class families under the Pradhan......

What Went Wrong at Axis Mutual Fund

Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu. Illustration: Uttam Ghosh/Rediff.com Recently, Axis Mutual Fund removed......

Tax on crypto trade will not bestow legality on it, says CBDT chief

The Budget announcement of taxing 'virtual digital assets' or crypto currencies will help the income-tax department measure the "depth" of this trade in the country, know the investors and the......

Record Rs 32,000 Crore Seized in Tax Raids

Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones......

Shah Rukh in trouble! I-T dept attaches Alibag farmhouse

The star allegedly applied to purchase the agricultural land for farming but constructed a farmhouse there for personal use instead. IMAGE: Shah Rukh Khan with Farah Khan at his farmhouse in......

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