financial transactions

New Delhi, March 19 In a unique operation, officials from the Uttarakhand GST investigation department established multiple firms to create business links with a dubious company in order to uncover tax evasion worth over ₹150 crore.The GST officials said that it took months to operationalize...

New Delhi, March 19 Observing that filmmaking is a high-risk business, the Supreme Court on Thursday quashed criminal proceedings against a producer for fraud after he failed to return money to a financier.A bench of justices PS Narasimha and Manoj Misra said that to constitute an offense of...

Panaji, March 19 – In a major breakthrough against cybercrime, the Goa Crime Branch has busted an interstate prostitution racket, arresting three individuals responsible for creating and managing websites used to disseminate sexually explicit and objectionable content, the police said on...

Hyderabad, March 18 Telangana Chief Minister A Revanth Reddy on Wednesday criticized BRS supremo K Chandrasekhar Rao for not attending the Assembly for the past two years, stating that the former CM has received over Rs 1 crore in salary and allowances from December 2023 until now as the Leader...

New Delhi, March 18 The government is committed to ensuring a safe, responsible, and accountable online gaming ecosystem in the country, Parliament was informed on Wednesday.In a written reply to a question in the Lok Sabha, Union Minister of State for Information and Broadcasting L Murugan...

New Delhi, March 18 Job aspirants seeking positions in public sector banks are required to maintain a good credit score to be considered for final selection, a measure aimed at promoting responsible financial behavior among employees entrusted with public funds, Parliament has been informed...

New Delhi, March 17 NPCI International Payments Limited, the international arm of the National Payments Corporation of India (NPCI), has reaffirmed its commitment to expanding the Unified Payments Interface (UPI) merchant acceptance in Sri Lanka.The initiative aims to enhance cross-border...

New Delhi, March 17 The Supreme Court on Tuesday asked the Centre and the Reserve Bank of India why the details of the bank accounts of deceased persons could not be disclosed to heirs, and said the government must come up with a policy on the issue.A bench of Justices Vikram Nath and Sandeep...

Washington, March 17 – The US House of Representatives passed sweeping legislation to tighten sanctions on Iran’s energy sector, as lawmakers from both parties pushed for stronger measures amid ongoing tensions with Tehran.The bill, titled the Enhanced Iran Sanctions Act, passed the House by...

Chennai, March 16 The Election Commission is closely monitoring the financial transactions of political parties with the help of 23 enforcement agencies and will also track large volumes of online transactions, Tamil Nadu CEO Archana Patnaik said on Monday.Stating that the model code of...

Guwahati, March 13 – The Central Bureau of Investigation (CBI) has arrested Abhisek Sen Gupta, Assistant Manager-cum-Loan Officer of the State Bank of India's (SBI) Gumla branch in Assam's Kamrup (Rural) district, for allegedly demanding and accepting a bribe of Rs 16,000 from a complainant...

New Delhi, March 13 GMR Airports Ltd has won the bid to manage the cargo terminal at the Delhi airport, nearly ten months after airport operator DIAL terminated its contract with the Turkish entity Celebi.Delhi International Airport Ltd (DIAL), which operates the national capital's Indira...

Palakkad (Kerala), March 12 A village panchayat clerk was caught red-handed by the VACB in this district on Thursday while allegedly accepting Rs 2,500 as a bribe for issuing a residence certificate, officials said.The accused, Sreejith Gopinath (39), a clerk of Puthussery grama panchayat and...

New Delhi, March 11 Online fraudsters are using new technology that bypasses the security features of UPI apps to carry out financial transactions, cyber intelligence firm CloudSEK claimed in a report.According to the report, the firm has identified at least 20 active groups on messaging...

Jaipur, March 11 – The Cyber Crime Branch of the Rajasthan Police has issued a detailed advisory urging citizens to remain calm and act swiftly in case of erroneous UPI transactions.The advisory comes amid rising instances of digital payment fraud and mistaken transfers in the era of Digital...

Mumbai, March 11 Congress Legislature Party leader Vijay Wadetiwar on Wednesday alleged irregularities in the allocation of MIDC land in Ahilyanagar to private companies, claiming that around 4,000 acres were being transferred to corporate entities at undervalued rates.The transfer of these...

New Delhi, March 11 Online fraudsters are using new technology that bypasses the security features of UPI apps to carry out financial transactions, cyber intelligence firm CloudSEK claimed in a report.According to the report, the firm has identified at least 20 active groups on messaging...

Bengaluru/Mysuru, March 10 Karnataka BJP MLA T.S. Srivatsa, representing the Krishnaraja constituency in Mysuru, has demanded a thorough investigation into the alleged irregularities in the registration and subsequent cancellation of 24 acres and 10 guntas of land in Survey No. 4 of...

New Delhi, March 10 The Supreme Court on Tuesday dismissed a batch of appeals filed by minority shareholders of Bharti Telecom Limited (BTL), upholding the company's decision to reduce its share capital and ease out individual investors.A bench of Justices Sanjay Kumar and K Vinod Chandran...

New Delhi, March 10 – A fair and transparent tax system fosters equity and strengthens the foundation for inclusive and sustainable growth, President Droupadi Murmu said on Tuesday while interacting with trainee officers of the 79th batch of the Indian Revenue Service (IRS).Addressing the...