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FEMA violation case: Jet Airways founder Naresh Goyal questioned by ED

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FEMA violation case: Jet Airways founder Naresh Goyal questioned by ED This is the first time that the central agency is grilling him after it conducted searches against him last year Current Affairs :- Fly Airways author Naresh Goyal is being addressed by the ED here on Friday for a situation of supposed repudiation of the remote trade law, authorities said. This is the first occasion when that the focal organization is flame broiling him after it directed ventures against him a year ago. Goyal’s announcement has been recorded under the Foreign Exchange Management Act (FEMA) at the office’s zonal office here, they said. Twelve premises, including Goyal’s Mumbai living arrangement, his gathering organizations, their executives and workplaces of Jet Airways, were looked in August. As per organization sources, the businessperson’s realm had 19 secretly held organizations, five of which were enlisted abroad. The office is examining charges that these organizations pur...

News digest: I-T holds back Rs 20,000 cr, RIL’s profit rises 8.8%, and more

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News digest: I-T holds back Rs 20,000 cr, RIL’s profit rises 8.8%, and more From Centre looking at options to boost farmer income to Goyal setting terms for Rs 700-crore infusion, BS brings you up to date with the latest news I-T keeps down Rs 20,000 crore in expense discounts The Income Tax (I-T) office has chosen not to discharge some high-esteem discounts guaranteed by corporates and open segment units for the money related year 2016-17, refering to reasons, for example, disparities in the credit of Tax Deduction at source (TDS), convey forward misfortunes, and pending expense interest for the earlier years, said two sources aware of the improvement.  Read more Focus seeing alternatives to support agriculturist salary: Singh Only days before the between time Budget for 2019, Agriculture Minister Radha Mohan Singh on Thursday said the NDA government was taking a gander at more up to date approaches to support ranchers’ pay and, in the past over four years, chan...