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SRK will have to include rent on gifted Dubai villa while filing I-T return

Khan had been gifted the concerned villa, and he took possession of it in 2008

Bollywood superstar Shah Rukh Khan will have to include notional rent from his villa in Dubai in his income tax returns filed in India, said a ruling by the Income Tax Appellate Tribunal (ITAT), the Economic Times reported on Thursday. 165 more words

At Rs 4 lakh crore, bad loans exceed market value of PSU banks

NEW DELHI: For every Rs 100 parked in shares of public sector banks, investors carry the burden of Rs 150 as bad loans, which have cumulatively ballooned to Rs 4 lakh crore or 1.5 times the market value of these lenders. 805 more words