Miscellaneous News

IT Dept conducts searches in Tamil Nadu resulting in the detection of undisclosed income of around Rs. 400 crore

17 March 2021 at 17:25

The Income Tax Department carried out searches on 11.03.2021 in the case of a group of individuals who are involved in handling huge amount of cash and routing unaccounted money through foreign entities and bank accounts of their related concerns

Posted in Miscellaneous | 1038 Views

India's Foreign Trade: February 2021

16 March 2021 at 05:25

India's overall exports (Merchandise and Services combined) in April-February2020-21* are estimated to be USD 439.64Billion, exhibiting a negative growth of (-) 10.14per cent over the same period last year.

Posted in Miscellaneous | 1500 Views

GoI announces auction for Sale (Re-issue) of GS 2025 / 2030 / 2061

15 March 2021 at 22:33

The auctions will be conducted by RBI, Mumbai Office, Fort, Mumbai on March 19, 2021 using multiple price method. The result of the auctions will be announced on March 19, 2021 and payment by successful bidders will be on March 22, 2021.

Posted in Miscellaneous | 1512 Views

IT Department conducts searches in Kolkata resulting in seizure of total unaccounted cash amounting to Rs.121.50 lakh

11 March 2021 at 15:09

The Income Tax Department carried out search and seizure operation on 10.03.2021 on two separate persons based in Kolkata, who are engaged in handling of cash of others on commission basis.

Posted in Miscellaneous | 942 Views

Income Tax Department conducts searches in Kolkata

10 March 2021 at 18:54

The Income Tax Department carried out search and seizure operation on 09.03.2021 on various persons based in Kolkata, engaged in the business of Electrical equipment and trading of decorative lighting.

Posted in Miscellaneous | 1158 Views

OECD forecasts 12.6% growth for India in 2021

10 March 2021 at 05:22

OECD in its Interim Economic Outlook Report forecasts 12.6% growth for India in 2021

Posted in Miscellaneous | 957 Views

GoI announces auction for Sale (Re-issue) of Government Securities

08 March 2021 at 22:04

Auction for Sale (Re-issue) of '4.48% GS 2023', 'GoI Floating Rate Bond 2033', '6.22% GS 2035', and '6.67% GS 2050'

Posted in Miscellaneous | 1119 Views

IT Department conducts searches in the case of two Chennai based groups in Tamil Nadu

07 March 2021 at 13:20

The Income Tax Department carried out searches on 04.03.2021 in the case of two Chennai based groups, one of which is a leading bullion trader in Tamil Nadu and the other is one of the biggest jewellery retailers in South India.

Posted in Miscellaneous | 1458 Views

Online signing ceremony for an MoU on the establishment of a Regional Customs Laboratory in India

06 March 2021 at 08:34

On 2 March 2021, WCO and CBIC of the Republic of India held an online signing ceremony for a MoU on the establishment of a WCO Regional Customs Laboratory (RCL) in India.

Posted in Miscellaneous | 1218 Views