DGGI to write to ICAI against 3 CAs arrested for fake GST invoice frauds

New Delhi, Nov 20 (IANS) The Directorate General of GST Intelligence (DGGI) is in the process of informing the Institute of Chartered Accountants of India (ICAI) to take necessary action for professional misconduct against three chartered accountants (CAs) who have been arrested for fake GST invoice frauds during the nationwide drive in the last few days.

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Man takes train route to smuggle gold, held

New Delhi, Nov 20 ( IANS ) A gold smuggler with approximately 6 kilograms of gold bars has been apprehended by Delhi Police ( Railways ) at New Delhi Railway station. The market value of the confiscated gold is approximately Rs 3.25 crore. The recovered yellow metal has been confiscated under Section 111 of the Custom Act 1962, the police said on Friday.

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DBS Bank was ready to pay Rs 100/share for LVB in 2018, RBI offers it free: LVB Promoter

Chennai, Nov 20 (IANS) Advocating a proper valuation of the Lakshmi Vilas Bank (LVB), one of its promoters said that Singapore-based DBS Bank was willing to acquire 50 per cent stake in the 94-year-old Karur-based lender in 2018 at over Rs 100 per share. He said the RBI should have called for bids from interested parties.

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