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About 903 results for "rediff money"

Reclaim your inoperative EPFO a/c money

Reclaim your inoperative EPFO a/c money

Claim the money before it is shifted to the senior citizen fund. The process takes almost a month.     It is a common practice for employees to change jobs and not transfer or withdraw money from their provident fund (PF) accounts. Overtime, these accounts might become dormant. According to existing norms, no interest is paid on ‘inoperative’ accounts, where there has been no contribution for 36 months. Now, there’s another reason to worry. According to finance ..., 1 day ago

Apple's Tim Cook will give away all his money to charity

Image: Tim Cook to give away wealth. Photograph: Reuters     Apple Inc Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth.  Fortune magazine cited the head of the world's largest technology corporation as saying he planned to donate his estimated $785 million fortune to charity - after paying for his 10-year-old nephew's college education.  "You want to be the pebble in the pond that creates the ripples for change," Cook told ...
 Rediff.com1 day ago Apple chief Cook to give his wealth away: Fortune  Rediff.com1 day ago

Use cheques, cards to check black money, says Jaitley

Finance Minister Arun Jaitley today made a case for encouraging the use of cheques and "plastic currency" to tackle the generation of black money. "As the economy grows, there is a roadmap, and the roadmap is more and more people start discarding the use of currency and switch over to either cheques or plastic currency," he said. Speaking at the Foundation Day celebrations of Security Printing and Minting Corporation of India Ltd (SPMCIL) here, Jaitley said that in a developed country like the ...
 Rediff.com1 day ago

I-T returns to track black money abroad

Black money Bill will require residents to declare foreign assets, income and nominees Once the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill (black money Bill in popular parlance) is implemented, income tax assessees will not only have to disclose their foreign assets and accounts but also the beneficial owners or nominees of these. This will help the government track those stashing unaccounted money abroad. “For this, income declaration forms will have a separate column ...
 Rediff.com5 days ago Steps Taken To Control Black Money: Will It Work?  Silicon India6 days ago Black money: Will punishment and threats be truly effective?  Rediff.com1 week ago Short window to declare overseas assets under black money law  Rediff.com1 week ago

Nokia may be allowed to sell Chennai mobile plant

Government may allow Finnish telecom firm Nokia to sell its Chennai plant with a condition that the money realised will be kept in escrow account till final verdict is out on its Rs 21,000 crore (Rs 210 billion) tax dispute. "The Prime Minister (Narendra Modi) took initiative to resolve Nokia factory issue so that mobile manufacturing can be restarted in its Chennai plant," a source told PTI. An inter-ministerial panel was formed in this regard and Central Board of Direct Taxes (CBDT) has ...
 Rediff.com4 days ago

Rupee third on fake foreign currency list in Switzerland!

With Switzerland remaining in focus in India's fight against black money stashed abroad, the quantum of counterfeit Indian rupee seized by Swiss Police is third highest among all foreign currencies despite a sharp fall from the previous year. As per the latest 'counterfeit statistics' released by the the Federal Office of Police (Fedpol), the total number of counterfeit Indian rupee notes seized during 2014 stood at 181, down from 403 in the previous year. This is third highest among all ...
 Rediff.com6 days ago Black money law: Foreign property to be taxed at current price  Rediff.com6 days ago

Black money Bill likely to be tabled in Lok Sabha tomorrow

The government is likely to table in the Lok Sabha on Friday a Bill to make non-disclosure of overseas income and assets a predicate offence that will attract punitive action including upto a 10-year jail term. The Bill will provide a short window to overseas asset holders to declare their wealth, pay taxes and penalties to escape punitive action. The Undisclosed Foreign Income and Assets (Imposition of New Tax) Bill, 2015, according to Finance Ministry sources, will be tabled on Friday -- the ...
 Rediff.com1 week ago Bill approved to nab those hoarding black money abroad  Rediff.com1 week ago Cabinet approves bill on black money  Rediff.com1 week ago

Pakistan captain's money is on India against Australia

Indian team players celebrate, after they beat Bangladesh at the 2015 ICC Cricket World Cup. Photograph: Robert Cianflone/Getty Images Pakistan skipper Misbah-ul Haq has placed his money on India to prevail over Australia in the cricket World Cup semifinal as he believes the home team will struggle for spin options at the SCG that is traditionally helpful to the slower bowlers. 'India has got a good chance because they are playing in Sydney' 'I like to take time initially and assess the ...
 Rediff.com1 week ago India's ouster from World Cup puts a dampener on ad enthusiasm  Rediff.com2 days ago Kumble heaps praise on Raina, Dhoni  INooz1 week ago Raina, Dhoni help India extend World Cup record  INooz2 weeks ago

Black money: India offers cash reward to HSBC whistleblower

India has offered a ‘cash reward’ to a former HSBC bank employee-turned-whistleblower in exchange for any fresh information about its citizens holding illegal accounts in various tax haven countries, including in Swiss banks, as it looks to combat black money and unearth funds stashed away abroad. Sources said that the government is ‘still awaiting’ a response to the offer it has made to former HSBC employee Herve Falciani after he hinted that he possessed additional ...
 Rediff.com5 days ago
Silicon India

How to manage money: Lessons from Obama

BANGALORE: President Obama is known for implementing the stimulus package to stabilize the US economy, but what money lessons can we learn from his presidency and earlier days that led him to becoming one of the most powerful people in the world? ...
 Silicon India2 weeks ago
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