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Jewellers Shut Shops For 5th Day After Income Tax Survey

Gold and jewellery shops remained closed for the 5th day on Tuesday, after the Income Tax Department conducted surveys following reports of alleged profiteering and tax evasion by traders and other operators in reported conversion of demonetised notes. The survey operations were carried out on November 10 in at least four locations in Delhi-NCR region, including […]

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PM Narendra Modi, Shinzo Abe Ride In Japan’s Famed Shinkansen Bullet Train

Prime Minister Narendra Modi is on a three day tour of Japan. He is seeking to build deeper ties between the two Asian economic giants. In a special gesture, the Japanese Prime Minister Shinzo Abe flew down to Kyoto to personally greet Mr Modi. Here both the countries have signed a landmark civil nuclear agreement […]

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Donald Trump Meets Barack Obama At The White House As Whirlwind Transition Starts

President-elect Donald Trump and President Barack Obama were face-to-face on Thursday at Oval office, White House, to work together after their first-ever meeting, starting the whirlwind transition that will unfold over the next 10 weeks until Trump is sworn into office on January 20. During brief remarks to reporters, Obama referred to Trump as “Mr. […]

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Donald Trump Election Win Sparks Protests in US Cities

With the huge violence and slogan, the thousands of demonstrators have been seen on the street of several US cities to protest against the election of Donald Trump, whereas some burned a US flag as they reached the Trump Tower while other chanted; “Not My President”. Many people have burned orange-haired effigies of businessman. Moreover, […]

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Deposits Above Rs 2.5 Lakh To Face Tax And Penalty on Mismatch

The Government has announced that 200 per cent penalty and Tax would be charged on cash above 2.5 lakh, following the scrapping of Rs. 500 and Rs. 1,000 notes. Therefore, according to the banks norms, you must show the details of PAN card during the depositing massive amount over the 50-day window till dead line […]