It’s taxing time for actor Shah Rukh Khan again. The I-T department has dragged the star to the Bombay high court over his foreign earnings as a brand ambassador for the Swiss luxury giant Omega. A commissioner of Income Tax has ap ..
Two days after a young woman dragged the Tamil Nadu State AIDS Control Society (Tansacs) to court for having used her photo and that of her daughter without consent, the Madras high court pulled up Tansacs and directed it to remove all banners featur ..
Arrested Pakistani gunman Ajmal Amir Kasab asked his lawyer if anyone would tie him a rakhi on Wednesday — the day of Raksha Bandhan. To which, Abbas Kazmi, his lawyer, said, ‘‘If some one trea ..
A Mumbai court has awarded the death sentence to all three accused in the 2003 twin Mumbai blasts at Gateway of India and Zaveri BazaarHanif Syed, his wife, Fehmida, and third conspirator Ashrat Ansari were convicted for planting the bombs on August ..
Divided stand the erstwhile Jaipur royals. Barely a week after the passing away of Rajmata Gayatri Devi, Royalty Jaipur is heading for an ugly showdown as the properties left behind are turning out to be the bone of contention. On ..
The Authority for Advanced Ruling has ruled that if an Indian company pays a commission to an overseas company to promote its business in that country, such payment will not be taxable in India. The AAR, a quasi judicial body on matters of taxation, ..
The government is working on a proposal to introduce a new legislation relating to foreign investment aimed at removing the distinction between various categories of overseas capital, a move intended to ensure stability in policy and help Indian firm ..
Insurance regulator, IRDA, today issued its final guidelines on corporate governance for the insurance sector focusing on key areas such as control functions, Board of Directors, governance structure and disclosures, among others. Insurance Regulator ..
Simplification of I-T rules spawns websites that help in tax preparation. This year, Praveen Jain, a software professional in Bangalore, did not have to make his annual tax trip to Kolkata. Even after e-filing came into vogue, Jain, like many of his ..
HYDERABAD: A local court on Wednesday extended the judicial remand of Satyam founder B Ramalinga Raju and eight other accused in the multi-crore rupee fraud case in the IT company by 14 days. The XIV Additional Chief Metropolitan Magistrate extended ..