The government on Thursday revised downward the economic growth for fiscal 2011-12 to 6.2 per cent from the earlier estimate of 6.5 per cent. However, as per the first revised estimates of National Income, Consumption Expenditure, Saving and Capital Formation, the GDP (Gross Domestic Product) for the fiscal 2010-11 has been revised upwards to 9.3 per cent from 8.4 per cent. ...
02:28 PM, Jan 31, 2013
Casinos in Goa will now be monitored and for gamblers, entering licensed gambling hubs would be akin to walking into an income tax office. In a fresh modification of the existing guidelines to casino operations, the Goa government has introduced stringent measures, which includes casinos requiring customers to fill up a Know Your Customer forms and bringing money laundering and terror financing activities under vigil. ...
07:40 AM, Jan 11, 2013
New Delhi: The Finance Ministry is bringing under one umbrella the intelligence and criminal investigation units of the Income Tax department to enhance prosecution powers to counter terror financing and check transactions that pose threat to national security. The department will now train and designate its officials in the rank of Inspectors as 'Special Agents' and 'Agents' (Criminal Investigation) while the newly-created Directorate of Criminal Investigation will be headed by...
03:26 PM, Jun 08, 2011
