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How taxmen nabbed black money hoarders who tried to beat the note ban -N Sundaresha Subramanian

-Business Standard Relatives' accounts, meddling with accounting software and shell cos used to hide unaccounted cash Two major civil contractors of Bengaluru, who undertake state government civil contract works from irrigation and other departments, were alleged to have engaged in massive inflation of expenses and investment of unaccounted income in the purchase of immovable properties. Discreet enquiries by the Income Tax (I-T) department revealed that they were helping in the conversion of unaccounted...

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Ministry comes up with model APMC Act to integrate agri markets

-The Hindu Business Line Proposes single trading licence, single-point levy of market fee New Delhi: The Agriculture Ministry has come up with a new model Agricultural Produce Market Committee (APMC) Act proposing single-point levy of market fee across a State and a united single trading licence for cost-effectiveness of transactions. It has also suggested abolition of fragmentation of market with the State/Union Territory by removing the concept of notified market area insofar as...

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In Operation Clean Money, I-T dept. to probe 60,000 people now -Arun S

-The Hindu As part of the first phase of the operation, the department had sent online queries and investigated 17.92 lakh persons out of which 9.46 lakh persons have responded. New Delhi: As part of the second phase of the 'Operation Clean Money' (OCM) launched Friday to unearth black money, the Income Tax department will probe over 60,000 individuals including 1,300 high risk persons for alleged excessive cash sales post demonetisation on...

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Adityanath, No Stranger To Criminal Cases, Promises Safer UP -Milan Vaishnav

-NDTV In his maiden appearance after being named Uttar Pradesh chief minister, Yogi Adityanath proclaimed that his Bharatiya Janata Party (BJP) government would maintain a laser-like focus on the twin themes of combating corruption and restoring law and order. "In the past 15 years," Adityanath noted, "UP lagged behind in the race of development as previous governments indulged in corruption, nepotism, and failed on the law order front." Indeed, one of...

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