According to govt sources, the group has allegedly floated several paper companies to evade tax by claiming bogus expenses and purchases using shell entities.
The IT dept conducted the raids as part of an investigation into allegations of tax evasion against officials including senior IAS officer in Bhupesh Baghel-led Congress government.
The I-T dept raided premises of 2 prominent Karnataka Congress leaders — former deputy CM G. Parameshwara and former MP R.L. Jalappa's son — as a part of a tax evasion probe.
Two months after BJP won UP polls, the EC gave clean chit to BSP, releasing its Rs 104 crore made unusable during polls due to ED's post note ban scrutiny.
The searches are being conducted at the Bhopal, Indore, and Delhi NCR premises of the aides, who are accused of tax evasion and hawala transactions during the ongoing poll season.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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