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Tax Raids At 39 Locations To Check "Tax Evasion" By BSE Brokers, Traders

Sunday, December 8, 2019, 2:20 PM

The income-tax (I-T) department has conducted searches at 39 locations to check alleged tax evasion by brokers and traders operating at the Bombay Stock Exchange in transactions worth about Rs 3,500-crore, the CBDT said. The policy-making body for the tax department said raids and survey operations were undertaken on December 3 at 39 locations in Mumbai, Kolkata, Kanpur, Delhi, Noida, Gurugram, Hyderabad and Ghaziabad.
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Rain Crisis In Financial Capital Mumbai May Impact Markets: Report

Tuesday, July 2, 2019, 6:43 PM

Large parts of Mumbai, home to India's financial markets and the central bank, were inundated because of incessant monsoon rains over the past 24 hours, prompting the city administration to declare a holiday. Airlines in the Mumbai's airport were forced to delay, divert or cancel dozens of flights after a Boeing Co. 737 aircraft operated by SpiceJet Ltd.