Tamil Nadu CM MK Stalin

Photo: The Economic Times

TN Govt Issues Notices To Schools For Shutting Amid Kallakurichi Student Suicide Case

Tamil Nadu Government issued notices to 987 private schools for shutting down, amid the Kallakurichi student suicide case. In the issued notice, dated July 19, they sought an explanation behind the shut down of schools against the government's order, which said it will take strict action if any school closes in connection with the death of a 17-year-old student. Notably, on July 18, a student of Kallakurichi school committed suicide.

Tue, 19 Jul 2022 - 07:01 PM / by Varsha Joshi

Tags: Tamil Nadu Government, Schools, Suicide Case, School Shut, Notices

Courtesy: ANI

Income Tax Department

Photo: Business Standard

I-T Departments Monitor High-Value Transactions, Report Immediately To Avoid Actions

Recently, the Income Tax (I-T Department) entered into agreements with several government agencies and financial institutions to access the records of individuals regarding high-value transactions. Now, the I-T Department is monitoring high-value cash transactions beyond a specific limit, and issuing notices to individuals, who fail to mention those high transactions, in their IT returns. The information needs to be updated in mutual-fund… read-more

Wed, 13 Jul 2022 - 01:15 PM / by Varsha Joshi

Tags: IT Department, Tax Payers, High-Vlaue Transaction, Notices, Finances

Courtesy: NDTV


Photo: The Balance

ED Issues Notices To Cryptocurrency Firms Amid FEMA Violations

Amid guidelines violations, the Enforcement Directorate (ED) is working to crackdown cryptocurrency firms, and issued notices to crypto exchange companies CoinSwitch and CouinDCX. The issued summons were under investigation happened last year, in which the ED pulled up ZebPay for violating foreign exchange law. Furthemrore, cases against CoinSwitch and CoinDCX is under investigation, as the companies allegedly having illegal foreign exchange… read-more

Wed, 06 Jul 2022 - 05:10 PM / by Varsha Joshi

Tags: Enforcement Directorate, Cryptocurrency, Notices, Bengaluru-ED, FEMA Violations

Courtesy: News 18