Tag Archives: income

I-T raid on Sasikala firms: Tax evasion on income of ₹1,430 crore detected

Evaluation of documents still on, final figure may be different, say I-T sleuths S. Vijay Kumar Sangeetha Kandavel Ending their largest-ever search operation in Tamil Nadu, which lasted five days and covered the properties of late Chief Minister Jayalalithaa’s former ...

Read More »

HDFC Bank net up 20%; NPAs also rise

As the number employees fell by nearly 9,000 from its peak of 95,000 achieved in September 2016, the bank’s cost to income ratio declined to 42.6 per cent from the 45.9 per cent. HDFC Bank, India’s second-largest private lender, has ...

Read More »

Government’s inability to create jobs to blame for rising income inequality: Study

New Delhi: Income inequality in the country is “likely to exacerbate” due to the “government’s inability to create jobs”, warns a report. The study, by brokerage Ambit Capital, also said that this combination of joblessness, that has been deteriorating since ...

Read More »

650 Crores Hidden Income Found In Raid On SM Krishna’s Son: Tax Officials

BENGALURU: The Income Tax Department, which carried out raids on the son-in-law of former union minister SM Krishna, says there has been an admission of concealed income to the tune of Rs. 650 crore. The raids on 25 properties connected ...

Read More »

To widen SC scholarship net, govt for raising income criteria

According to the current eligibility criteria, their parents’ annual income shouldn’t exceed Rs 4.5 lakh. This figure is now proposed to be revised to Rs 6 lakh per annum. The funding, available in 175 notified top institutes, covers much of ...

Read More »