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ICICI Bank Q2 net falls over 50% to Rs 9 bn;...

Private lender ICICI Bank saw its net profit for the September quarter fall over 50 per cent to Rs 9.09 billion against Rs 20.58 billion a year ago, said the lender. The bank had reported its first-ever loss, amounting to Rs 1.2 billion, in the June quarter. The quarter also saw Managing Director (MD) and…

The creative accounting that reportedly allowed Jared Kushner to dodge paying...

Kevin Lamarque/ReutersTrump adviser Jared Kushner (L) and White House Chief of Staff John Kelly (R) listen as U.S. President Donald Trump meets with his Cabinet at the White House in Washington, U.S., August 16, 2018.A Saturday report from The New York Times found Jared Kushner, President Donald Trump's son-in-law and senior adviser, paid little to…

Jared Kushner reportedly dodged paying income taxes for years

Read full storyJared Kushner, President Donald Trump's son-in-law, paid little to no federal income taxes from 2009 to 2016, according to a report from The New York Times.Filings by the Kushner Companies reviewed by The Times show massive losses listed as depreciation, a real estate tax law allowance that allows for a deduction to reduce…

Rahul challenges Income Tax case

Congress president Rahul Gandhi. File   | Photo Credit: PTI more-in Opposes reopening of a 2011-12 assessment for not disclosing that he was a director in Young Indian Congress president Rahul Gandhi on Wednesday challenged in the Delhi High Court, the reopening of a 2011-12 assessment by the Income Tax department for not disclosing that…

Judge appointment hits income hurdle

THIRUVANANTHAPURAM: A recommendation by high court collegium to appoint seven new additional judges from the bar has become a complicated affair as four of the seven names nominated by the collegium, led by former chief justice Antony Dominic, failed to meet the stipulated rules under professional income criteria. After noticing this, Dominic who demitted the…

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