Importers have been asked to furnish details including the type and quantity of raw materials required, import licence and details of manufacturers, among others

Wide gaps in corporate and non-corporate direct tax collections are known for years and a huge number of tax evaders are routinely identified every year by the tax authorities but lack of effective follow-up action ensures that the status quo is maintained

Earlier this month, Rajnish Kumar had said that State Bank of India (SBI) has nearly Rs 29,000 crore loan exposure in telecom sector, the highest among Indian banks

As per the agreement, Tech Mahindra will pay about Rs 300 crore (or $ 42 million) at closing of the deal and remaining amount will be paid over three years linked to financial performance of the company

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