Indian authorities will exchange with their PoK counterparts a list of defaulters on both sides, who have not cleared due payments to the parties in course of their cross LoC trade transactions. A decision to this effect was taken on Tuesday during a meeting between Additional District Development Commissioner of Poonch and Additional Deputy Commisioner, Hajira, Anwar Hussain Shah, officials said. ...
05:15 AM, Apr 03, 2013
What about loan recovery from those other than Kingfisher?, wondered its promoter Vijay Mallya while taking a dig at bank chiefs in his tweet for their "constant speak" to media on getting back dues from the grounded airline. ...
05:30 AM, Mar 20, 2013
Aiming to "entice" a large number of assessees to return to the tax fold, the government proposed a one-time scheme called 'Voluntary Compliance Encouragement Scheme' for service tax defaulters. A defaulter may avail of the scheme on the condition that he files a truthful declaration of service tax dues since October 1, 2007 and makes the payment in one or two instalments before the prescribed dates. ...
03:51 PM, Feb 28, 2013
The Hongkong and Shanghai Banking Corporation (HSBC) Ltd has been directed by a consumer forum to pay Rs 25,000 as compensation to one of its former credit card holders for not getting his name removed from a defaulters list even after he cleared all his dues. The New Delhi District Consumer Disputes Redressal Forum observed that once the card holder paid all the dues, the bank should have closed the...
11:00 AM, Feb 17, 2013
HYDERABAD: Has the state government turned into a big defaulter of Income Tax? Yes, it owes a whopping Rs 5,000 crore to the Income Tax department for the financial year 2011-12.As the government had failed to credit the tax amount, there is speculation that state coffers ran dry. Most of the tax amount is related to tax deducted at source (TDS) from employees salaries.Under normal circumstances, the state government pays...
10:36 AM, Apr 14, 2012
New Delhi: Bangalore's civic body has come up with an innovative way to embarrass and force tax defaulters to cough up money they rightly owe the agency. Bangalore's civic body BBMP is sending drummers to embarrass those who haven't paid property tax. The owner of a shopping complex in Malleshwaram with a McDonalds outlet has reportedly not paid property tax since 2005. The constant drumming and gathering crowds forced employees...
07:53 AM, Sep 29, 2011
New Delhi: RTI group Sangrash on Saturday filed a writ petition in the state High Court over the the RTI on the Rs 600 crore tax evasion in Jammu and Kashmir. The petition has been treated as a Public Interest Litigation (PIL) and a division bench will hear the case on July 20. An RTI query which was revealed on Friday stated that just in the last 10 years, over...
08:31 PM, Jul 15, 2011
New Delhi: Tax defaulters beware! With tax recovery to the tune of more than Rs 1 lakh crore held up for lack of information about the whereabouts of defaulters, the Income Tax(I-T) department is working on plans to publish their names in newspapers. The problem has been further compounded with several of the tax defaulters having created 'benami' assets to escape the dragnet. The I-T department is embarking on this...
06:40 PM, May 30, 2011
Multi crore tax evader Hasan Ali's friend and associate Kashinath Tapuriah was arrested on Thursday by the enforcement directorate. Sources tell CNN-IBN Tapuriah operated Ali's Swiss account. ...
10:22 PM, Mar 24, 2011
Mumbai: A new turn in the Hasan Ali tax default case, Mumbai DCP is suspended for making a controversial CD on the alleged multi-crore tax defaulter. Maharashtra Home minister RR Patil also informed the house that Deshbhratar asked for 1 crore rupees from Hasan's associate Yusuf Lakdawala when Hasan Ali was in jail. A CD of secret recording of Hasan Ali's interrogation in 2008 by a top cop has become...
11:01 PM, Mar 22, 2011
The court said it's difficult to ascertain if the documents relied by ED are genuine. ...
02:56 PM, Mar 11, 2011
Mumbai: A sessions court is likely to decide on Friday whether to extend the remand of India's top known tax evader Hasan Ali Khan in the black money investigation case. Hasan Ali has been charged with laundering black money to tax havens overseas. The Enforcement Directorate has asked for a 14-day extension, claiming Khan is withholding information and not cooperating with the investigation On Thursday, the ED made a case...
09:53 AM, Mar 11, 2011
Mumbai: Under investigation for black money and multiple accounts in tax havens for four years now, Hasan Ali Khan, India's top tax defaulter is finally behind bars. Hasan Ali will spend atleast the next 24 hours in the Enforcement Directorate's (ED) custody. Accompanied by an ED official, the billionaire defaulter was first being driven from his house in Pune in his Mercedes to his Peddar Road residence in Mumbai. His...
07:55 PM, Mar 08, 2011
New Delhi: Tax defaulter Hasan Ali, accused of stashing black money abroad, has been detained in Pune by Enforcement Directorate officials. He was detained on Monday after a 14-member Enforcement Directorate team visited Ali's house in Pune to ascertain his whereabouts. The team also questioned Ali's Personal Assistant and a servant present in the house. He accompanied Enforcement Directorate officials in his own Mercedes Benz car along with his wife....
03:31 PM, Mar 07, 2011
Top tax defaulters include SBI, Tata Motors, IOC and Sahara India. ...
08:33 AM, Aug 05, 2009
The banks are just being too cautious and are going to cut those as well. ...
05:03 PM, Mar 12, 2009
CNN-IBN has unearthed deep-rooted corruption inside MTNL and discovered how it suits a few officials if telephone bills are never collected. ...
10:44 PM, Sep 25, 2006
