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Gautam Adani US Indictment: Who are the seven others charged with defrauding American investors?

Gautam Adani indicted by the U.S. Securities and Exchange Commission (SEC) with fraud, bribery, and corruption for allegedly defrauding American investors and bribing officials. File photo | Photo Credit: AP Gautam Adani along with seven others that includes his nephew Sagar Adani have been indicted by the U.S. Securities and Exchange Commission (SEC) with fraud,…

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From Aadhaar-PAN linking to foreign taxation: 5 key income tax services at India International Trade Fair 2024

Visitors to the ongoing International Trade Fair 2024 at Delhi’s Pragati Maidan can use several beneficial Income tax services at the Taxpayers’ Lounge, specifically designed to offer professional support for various tax-related concerns. To assist taxpayers in navigating their obligations and addressing their problems, the following services are offered: Aadhaar-PAN linking, PAN-related questions, and PAN/e-PAN…

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ITR Filing: Income tax department shortens time limit for condonation of delay – What it means for taxpayers

The Central Board of Direct Taxes (CBDT) has issued a new circular regarding the condonation of delays in filing Income Tax Returns (ITRs), superseding all previous instructions, circulars, and guidelines on this matter. Under Section 119(2)(b) of the Income-tax Act, 1961, the circular offers comprehensive instructions for managing applications about late filing of returns seeking…

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A fintech startup’s challenges with India’s vaunted account aggregator framework

Three years after India unveiled the account aggregator, or AA, framework to facilitate consented sharing of consumers’ financial information, multiple gaps still plague the system that was rolled out as an overarching network connecting various regulators and market players. The account aggregator framework is meant to give individuals greater visibility and control over all their…

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