Record Rs 32,000 Crore Seized in Tax Raids

Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion. The Central Board of Direct Tax (CBDT) has set a record for search operations against ‘undisclosed income’ in FY22. With two months and a week […]

Read more

The Brexit Falstaff can’t bluff his way through any longer

Way back in the mid-1960s, during a quiet summer, a former journalist turned public relations man persuaded the chairman of a public company to conduct a search for the Loch Ness monster. Quiet summers used to be known in Fleet Street as the “silly season”. One day, the PR man responsible for what was essentially a publicity stunt was called […]

Read more

When Mallya bought Lewis Hamilton’s dad’s home

This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services. The more famous pad of the Mallyas is the palatial country house in Tewin village, Hertfordshire, 20 miles north […]

Read more

How did Nirav Modi pull off PNB fraud?

Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business.In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018.A fascinating excerpt from Pavan C Lall’s Flawed: The Rise And Fall Of India’s Diamond Mogul Nirav Modi. Nirav Modi wanted […]

Read more
1 261 262 263 264 265 777