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| Government mulling tax on cash withdrawal of Rs 10 lakh a year Centre plans to impose tax on those withdrawing Rs 10 lakh in cash a year as it seeks to discourage use of paper currency. |
| Maruti cuts vehicle production by 18 per cent in May The car market leader produced a total of 1,51,188 units in May, including Super Carry LCV, down 18.1 per cent from 1... |
| Kathua rape case: Life imprisonment for three of the convicts The crime branch of J&K Police had filed the chargesheet against eight accused, including a juvenile. ... |
| ITR filing: Don't make these mistakes to avoid getting tax notice Find out what you should do to avoid getting a notice for small errors on income tax returns. |
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| MARKET NEWS |
| 80% of PMSes delivered solid returns in May: Look who all missed the jackpot The minimum investment threshold for PMS schemes is Rs 25 lakh.... |
| Stressed assets are like ICU patients; early recognition can help better recovery: SBI chief All lenders should take the guidelines in the right spirit, Rajnish Kumar said.... |
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| FROM THE NEWSPAPER |
| Auditor's dilemma: When is evergreening a fraud? Evergreening is a ploy to mask loan default by giving new loans to help delinquent borrowers repay old loans.... |
| Smaller banks hit most by RBI's revised note on NPAs Smaller banks in specific deals may now have to follow larger lenders who have more at stake in a consortium of credi... |
| Two Jet suppliers seek to land airline in bankruptcy court The development could hurt the efforts of banks to cobble together a deal to revive the grounded airline.... |
| IL&FS may file contempt case against 9 big banks SBI, PNB, HDFC, Yes Bank among lenders that may face action for unauthorised withdrawals of about Rs 800 cr.... |
| Ness to stay on board of Wadia group cos after favourable legal view Independent directors had sought an external legal view on the issue amid Ness' conviction in Japan for possessing dr... |
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