penalty

Trader sends abusive responses to Sebi regarding insider trading, fined Rs 20 lakh

by

A stock market trader who was being investigated for insider trading, sent abusive responses to market regulator Sebi, following which he attracted a fine of Rs 20 lakh. Rajat Mishra, the notice in the matter, replied to Sebi in the offensive phrase — “Notice de rxxe ho ya bxxxk mxxxg rxxe ho.” In this regard, … Read more

M&M Tax penalty: M&M gets Rs 4.12 crore tax penalty; company to challenge

by

Mahindra & Mahindra on Friday said it has been imposed a penalty of Rs 4.12 crore over input tax credit claim and education cess credit balance carry forward from pre-GST regime to GST regime in relation to its two-wheeler business. In a regulatory filing, Mahindra & Mahindra said it has received an order from the … Read more