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Student Body's "Non-Cooperation" Move Over Alleged Harassment, Illegal 'Tax' On Highway In Manipur
An influential student union of the Naga tribes in Manipur's Senapati district has started what it calls a "non-cooperation movement" over alleged harassment, extortion and threats on a national highway.
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Indian Tax Authorities Are Losing Rs 2 Lakh Crore Annually, Claims Report
As Cricket World Cup 2023 is gaining momentum, illegal betting activities are also picking up steam with crores of rupees invested through informal routes leading to a loss of about Rs 2 lakh crore to tax authorities, a report said.
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Manipur's Illegal Highway 'Tax' Takes Consumer Items Out Of People's Reach
The cost of illegal highway 'tax' extorted from truck drivers in Manipur is passed on to consumers in the ethnic violence-hit state, where people in many districts don't get to buy essentials regularly due to supply and logistical problems.
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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US President's Son Hunter Biden Pleads Guilty To Tax Offenses
US President Joe Biden's son Hunter has agreed to plead guilty to two counts of failure to pay federal income tax, and admitted to illegally owning a gun, prosecutors said Tuesday.
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"Officers Being Hit With Rods": Chhattisgarh Chief Minister Slams Agencies
Chief Minister Bhupesh Baghel demanded videography during interrogation of officers by the Enforcement Directorate and claimed that illegal activities coming to the fore during investigations by central agencies are not at all acceptable
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South Korean Authorities to Levy Gift Tax on Crypto Airdrops: Report
As per local news reports, the South Korean government plans to introduce a new gift tax on crypto asset airdrops despite pushing back on the adoption of capital gains tax for the asset class so far. The government can currently levy gift or inheritance tax for 15 years on an individual that has given "gifts or inheritance" illegally or without not...
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Vivo India Remitted 50 Percent Turnover Worth Rs. 62,476 Crore to Avoid Paying Tax in India, Claims ED
Vivo India has illegally transferred 50 percent of its turnout worth Rs. 62,476 crore to China in order to avoid payment of taxes in India, claims the Enforcement Directorate. The government agency has not stated the time period of the transaction. The stepped-up action against the Chinese-backed companies operating in India comes in the backdrop o...
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"If Keen On Crypto...": Minister's Advice Before Digital Rupee Rollout
People should avoid putting their money into highly volatile illegal cryptocurrencies and instead wait for the central bank to issue "digital rupee", Union Minister Rajeev Chandrasekhar told NDTV today.
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Crypto To Be Taxed Like Gambling Win, Says Finance Secretary
The Indian government said it doesn't treat trading in crypto assets as illegal, a day after it announced taxing such transactions just the same as winnings from gambling.
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Tax Raids At Fintech Firm; Rs 500-Crore Allegedly Sent Abroad Illegally
A fintech company engaged in giving instant loans through a mobile app has been found to have repatriated Rs 500 crore "non-genuine" funds overseas, the CBDT said on Wednesday.
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2 Indians Among 3 Arrested For Illegal Hundi Transaction In Nepal
Three persons, including two Indian nationals, were arrested from Birgunj Metropolitan City in southern Nepal on Friday for alleged involvement in running illegal Hundi transactions and evading tax, police said.
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Actor Sonu Sood To NDTV: "I Have Declined Rajya Sabha Seats Twice"
Actor Sonu Sood today denied allegations of tax evasion and illegal funding, days after tax raids at his Mumbai home and offices.
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ByteDance Says India's Freeze on Bank Accounts Is Harassment and Illegal, Court Filing Shows
China's ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a filing.
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DMK Chief's Family, Others Raided To Check Illegal Political Cash: Report
The Income Tax Department's raids on DMK chief MK Stalin's daughter Senthamarai and others on Friday were aimed to check "political cash distribution" in poll-bound Tamil Nadu, sources in the Central Board of Direct Taxes (CBDT) said.
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Student Body's "Non-Cooperation" Move Over Alleged Harassment, Illegal 'Tax' On Highway In Manipur
An influential student union of the Naga tribes in Manipur's Senapati district has started what it calls a "non-cooperation movement" over alleged harassment, extortion and threats on a national highway.
-
Indian Tax Authorities Are Losing Rs 2 Lakh Crore Annually, Claims Report
As Cricket World Cup 2023 is gaining momentum, illegal betting activities are also picking up steam with crores of rupees invested through informal routes leading to a loss of about Rs 2 lakh crore to tax authorities, a report said.
-
Manipur's Illegal Highway 'Tax' Takes Consumer Items Out Of People's Reach
The cost of illegal highway 'tax' extorted from truck drivers in Manipur is passed on to consumers in the ethnic violence-hit state, where people in many districts don't get to buy essentials regularly due to supply and logistical problems.
-
Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
US President's Son Hunter Biden Pleads Guilty To Tax Offenses
US President Joe Biden's son Hunter has agreed to plead guilty to two counts of failure to pay federal income tax, and admitted to illegally owning a gun, prosecutors said Tuesday.
-
"Officers Being Hit With Rods": Chhattisgarh Chief Minister Slams Agencies
Chief Minister Bhupesh Baghel demanded videography during interrogation of officers by the Enforcement Directorate and claimed that illegal activities coming to the fore during investigations by central agencies are not at all acceptable
-
South Korean Authorities to Levy Gift Tax on Crypto Airdrops: Report
As per local news reports, the South Korean government plans to introduce a new gift tax on crypto asset airdrops despite pushing back on the adoption of capital gains tax for the asset class so far. The government can currently levy gift or inheritance tax for 15 years on an individual that has given "gifts or inheritance" illegally or without not...
-
Vivo India Remitted 50 Percent Turnover Worth Rs. 62,476 Crore to Avoid Paying Tax in India, Claims ED
Vivo India has illegally transferred 50 percent of its turnout worth Rs. 62,476 crore to China in order to avoid payment of taxes in India, claims the Enforcement Directorate. The government agency has not stated the time period of the transaction. The stepped-up action against the Chinese-backed companies operating in India comes in the backdrop o...
-
"If Keen On Crypto...": Minister's Advice Before Digital Rupee Rollout
People should avoid putting their money into highly volatile illegal cryptocurrencies and instead wait for the central bank to issue "digital rupee", Union Minister Rajeev Chandrasekhar told NDTV today.
-
Crypto To Be Taxed Like Gambling Win, Says Finance Secretary
The Indian government said it doesn't treat trading in crypto assets as illegal, a day after it announced taxing such transactions just the same as winnings from gambling.
-
Tax Raids At Fintech Firm; Rs 500-Crore Allegedly Sent Abroad Illegally
A fintech company engaged in giving instant loans through a mobile app has been found to have repatriated Rs 500 crore "non-genuine" funds overseas, the CBDT said on Wednesday.
-
2 Indians Among 3 Arrested For Illegal Hundi Transaction In Nepal
Three persons, including two Indian nationals, were arrested from Birgunj Metropolitan City in southern Nepal on Friday for alleged involvement in running illegal Hundi transactions and evading tax, police said.
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Actor Sonu Sood To NDTV: "I Have Declined Rajya Sabha Seats Twice"
Actor Sonu Sood today denied allegations of tax evasion and illegal funding, days after tax raids at his Mumbai home and offices.
-
ByteDance Says India's Freeze on Bank Accounts Is Harassment and Illegal, Court Filing Shows
China's ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a filing.
-
DMK Chief's Family, Others Raided To Check Illegal Political Cash: Report
The Income Tax Department's raids on DMK chief MK Stalin's daughter Senthamarai and others on Friday were aimed to check "political cash distribution" in poll-bound Tamil Nadu, sources in the Central Board of Direct Taxes (CBDT) said.
