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  • Recent scams forced BJP to launch CBI inquiry into Vyapam

    Accounting Industry News.Net

    Madhya Pradesh Chief Minister Shivraj Singh Chouhan's request for a CBI probe into the Vyapam scam came after worries among the BJP leadership that a series of scams in the states ruled by the party ...

  • Cant pay Rs.36000 crore in 18 months Sahara tells SC

    Accounting Industry News.Net

    The Sahara Group on Tuesday told the Supreme Court that it was not possible for it to repay, in 18 months, Rs.36,000 crore of investors' money that it had collected in 2007-08 in 18 months as was ...

  • Three Indians held in Nepal for false quake help

    Accounting Industry News.Net

    Nepal Police on Tuesday arrested three Indian nationals allegedly involved in defrauding the public with fake promises of help to earthquake survivors from Rautahat district of southern Nepal. The ...

  • Optimise networks radio frequency to tackle call drops Prasad

    Accounting Industry News.Net

    Recommendations are awaited from the sector watchdog on penalising or incentivising telecom operators on service quality but there is a urgent need for firms to upgrade infrastructure to tackle the ...

  • Financial bungling in Vyapam pre-dates Shivraj reveals RTI

    Accounting Industry News.Net

    An RTI reply reveals that financial irregularities in the Madhya Pradesh professional examination board, better known as Vyapam, pre-date the Shivraj Singh Chouhan government in the state. In fact, ...

  • Economic census bares impact of cuts in social sector spend

    Accounting Industry News.Net

    The recently concluded socio-economic caste census (SECC) is an exercise that draws considerable amount of awe for its sheer reach. The census surveyed 23.49 crore households across India using 6.4 ...

  • SC issues notice to political parties over RTI

    Accounting Industry News.Net

    The Supreme Court on Tuesday issued notice to all the national political parties seeking their response as to why they should not be treated as public authority for the purpose of bringing them in ...

  • Need suggestions from bodies like ICAI on economic issues minister

    Accounting Industry News.Net

    Minister of State for Chemicals and Fertilizers Hansraj Gangaram Ahir on Monday said his ministry may consider leveraging skills and suggestions from academic councils like The Institute of Cost ...

  • Black money Disclosers to get immunity under FEMA PMLA

    Accounting Industry News.Net

    The government on Monday said immunity from prosecution would be given under specific laws to those declaring undisclosed foreign assets under the compliance window of the new Black Money ...

  • SC notice to CBI ED on probe plea against Hindalco Sasan plant

    Accounting Industry News.Net

    The Supreme Court Monday issued notice to the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) on the plea by NGO Common Cause seeking a probe into alleged "hawala transactions, ...

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  • Cable operators meet Delhi CM

    Accounting Industry News.Net

    A delegation of Cable Operator's Welfare Federation (COWF) on Monday met Delhi Chief Minister Arvind Kejriwal and briefed him about the problems they were facing. The COWF raised issues like ...

  • HLL Life Care to launch three new male contraceptives

    Accounting Industry News.Net

    A major condom maker, HLL Life Care Ltd., headquartered here, is working on three new male contraceptives, said a top company official. HLL chairman and managing director M. Ayyappan told reporters ...

  • Croatian court orders detention of senior football officials

    Accounting Industry News.Net

    Croatian football suffered a heavy blow when several of its senior officials were taken into custody on suspicions of tax evasion and corruption. The Zagreb county court on Sunday remanded in a ...

  • IMF says ready to help Greece if asked to do so

    Accounting Industry News.Net

    The International Monetary Fund (IMF) on Monday said it stands ready to assist Greece if required to do so. IMF managing director Christine Lagarde made the statement following Greece's referendum ...

  • Govt. issues clarifications on tax compliance for undisclosed foreign income and assets

    Accounting Industry News.Net

    The Central Board of Direct Taxes of the Ministry of Finance on Monday introduced a tax compliance provision related to the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax ...

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