ED attaches assets of Rs. 69.66 crore in TDS Refunds Fraud case
In the PMLA case of TDS refunds fraud totaling Rs. 264 crore committed in 2019 and 2020 by Tanaji Mandal Adhikari, Sr. Tax Assistant, and others, the ED has …
Category: News
RBI Discussion Paper on Securitisation of Stressed Assets Framework (SSAF)
In accordance with RBI announcement of September 2022 on the proposed “Securitization of Stressed Assets Framework (SSAF),” a ‘Discussion Paper’ has been released, inviting comments from stakeholders. Comments may …
ED attaches Rs 76.54 crore assets in Delhi Liquor Scam
The Enforcement Directorate (ED) has provisionally attached assets worth Rs. 76.54 crore in the PMLA case of the Delhi Liquor Scam. Various assets were allegedly purchased using proceeds of …
RBI extends Timeline for Renewal of Bank Locker Agreements
The RBI has extended the deadline for banks to renew locker agreements with existing customers in phases, from 01/01/2023 to 30/06/2023, 30/09/2023, and 31/12/2023, to cover 50%, 75%, and …
PM distributes 71000 Appointment Letters of Government Jobs
In the Rozgar Mela, PM Modi has distributed 71,000 appointment letters of government jobs to newly recruited officials in different departments and organisations. Today, around 71,000 appointment letters were …
ED freezes 90 cr Bank Balance of Vihaan Direct Selling India
In a PMLA case involving defrauding innocent investors of more than Rs. 2000 crores, the ED has frozen Rs. 90 crores located in 36 bank accounts belonging to M/s …
DGFT simplifies Composition Rules for Export Obligation Extension (AES)
The DGFT has announced rule changes to simplify the calculation of the “composition fee” for the extension of export obligations under the “Advance Authorization Scheme (AES).” These rule changes …
ED attaches Rs. 90.38 lac Assets of Kaushalya Infrastructure, Ranchi
The ED has attached assets worth Rs. 90.38 lac belonging to Ranchi’s ‘Kaushalya Infrastructure Group’ in a PMLA case of defrauding the Jharkhand Government during contract execution. Under the …
NFRA planning Digilocker for Audit Files to avoid KPMG-like tampering
The National Financial Reporting Authority (NFRA) of India is reportedly proposing to establish a method for auditors that would assist them in keeping their audit documentation files and information …
ED Seizes BMW Car of Abhay Kant Pathak, Odisha Cadre IFoS
In the PMLA case involving Abhay Kant Pathak, who was formerly the IFoS, the ED has carried out a search and has seized a luxury car with a value …