New Chiefs Cleared: RBI okays Bagchi, Saha as CEOs of HDFC Bank, Kotak; ends succession uncertainty

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Tax raid finds Rs 4.34 lakh forex; man wins ITAT case with sister-in-law’s help

During the operation, officials discovered Rs 1.12 crore in Indian currency and foreign currency worth Rs 4.34 lakh. The man was subsequently taken in for questioning by the tax authorities. Despite the investigation team's acceptance of the explanation, the AO treated both the Indian cash and foreign currency recovered during the search as unexplained money under Section 69A.

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Wife gets late husband’s job, leaves in-laws; HC orders 25% salary in mother-in-law’s account

In this case, a widow secured a government job under this provision but later allegedly left her late husband's parents on their own. The Rajasthan High Court explained that a compassionate appointment is intended to provide monetary support to a family struggling to cope with the sudden death of its sole earning member.

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Govt limits sugar stock limit to 1,000 quintals ahead of festive season

The Centre will implement new stock limits for sugar dealers starting October 15 until November 30. The inventory cap has been set at 1,000 quintals with a 15-day holding period. This decision follows a notable decrease in ex-mill sugar prices and aims to control hoarding during the festive season. Kolkata and Assam have been given slightly higher stock limits due to distribution needs.

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