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Income Tax searches at premises of Bharat Hotels, Cargo Motors Group

Monday, January 20, 2020, 11:39 AM

The Income Tax Department has launched searches at multiple locations of the Bharat Hotels Limited group and a leading automobile dealer in connection with a tax evasion probe, officials said on Monday. They said about 8 premises linked to Bharat Hotels CMD Jytosna Suri and promoters of Cargo Motors, dealers of Tata vehicles, are being searched in and around the national capital.
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Wealth of India's richest 1% more than 4 times of total for 70% poorest: Oxfam

Monday, January 20, 2020, 11:35 AM

The world's richest 1% have more than twice the wealth of the rest of humanity combined, according to Oxfam, which called on governments to adopt "inequality-busting policies." In a report published ahead of the World Economic Forum's annual meeting in Davos, the U.K.-based charity said governments are "massively under-taxing" rich individuals and corporations, and under-funding public services.
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BJP begins exercise for electing president, Nadda set for top post

Monday, January 20, 2020, 11:31 AM

BJP leader J P Nadda is set to be elected as the new national president of the party as the election for the top post began on Monday. Top party leaders, including Union ministers and chief ministers of BJP-ruled states, will file nomination papers in support of his candidature, sources said, adding that he is likely to be elected unopposed.

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