E-PaperOfficials News
GST officials detect fake invoices, arrest 3 in Delhi
Officers of the Central GST Delhi East Commissionerate detected that the fraudulently availed input tax credit by these firms was used to file refund claims to the tune of ₹11.55 croreDuring investigation it was found that the 17 firms existed only on paper and had been floated for passing on input tax credit by generation of fake invoices
1 min read2 Mar 2020Government tells 22 IRS officers to put in their papers over graft charges
Officers were accused of conducting unauthorized searches and accepting bribes, among other chargesFifteen CBIC and 12 CBDT officials were compulsorily retired in June on charges of extortion, bribery
2 min read26 Aug 2019I-T officials carry out raids on Karnataka minister Puttaraju's residence
Earlier, Karnataka CM Kumaraswamy raised fears about possible raids on Congress and JD(S) functionaries 'I would like to know which BJP leader's house in Karnataka has been raided,' Puttaraju said
1 min read28 Mar 2019CBI team goes to question Kolkata Police Commissioner, detained by cops
A team of CBI officials were detained by the Kolkata Police on Sunday eveningThe move comes after speculation that Rajiv Kumar would be summoned for interrogation into chit fund scam case
1 min read3 Feb 2019Govt orders restructuring of tax department
A 12-member committee of senior officials will submit its report within three months
2 min read19 Dec 2018Govt to move court to disgorge assets of errant IL&FS officials
NCLT has allowed the government to restrain nine former top officials of IL&FS from disposing of their assets
1 min read7 Dec 20183 IL&FS officials in Ethiopian police custody over unpaid wages
Late last month, 7 Indian workers of an IL&FS subsidiary IL&FS Transportation Network were taken hostage at three of its sites in Ethiopia's Oromia and Amhara states by unpaid local staff
1 min read4 Dec 2018Fed officials signal June hike and caution on inflation progress
US Federal Reserve officials signals that they are set to raise interest rates at their 12-13 June meeting, according to the minutes of their 1-2 May meeting
2 min read24 May 2018Top bank officials likely to face charges in PNB scam case: Report
CBI will bring charges against senior bank officials on Monday following an investigation into the $2 billion PNB fraud involving jewellers Nirav Modi and his uncle Mehul Choksi
1 min read14 May 2018Flat US yield curve is big question for parade of Fed speakers
Any hints that the looming inversion has them contemplating a slower pace of rate hikes could spur another bout of bull steepening
2 min read13 May 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared