Fresh Lead

BBC World Service India Private Ltd, whose offices were subject to a survey today by the income-tax authorities over non-compliance with the Transfer Pricing Rules, had to write off ₹7.2 crore from its pension fund following its exposure to the two tainted non-banking companies, IL&FS and DHFL. Tax authorities say the survey was in view of BBC’s deliberate non-compliance “for years”, with the transfer pricing rules and vast diversion of profits. The New Delhi-based subsidiary of the UK’s national broadcaster along with other group entities, BBC Studios India Pvt Ltd and BBC Global News India Pvt Ltd, has a provident fund scheme under a trust called the BBC Worldwide India Employees Provident Fund. The trust had an exposure of ₹2.85 crore and ₹4.35 crore in the securities of IL&FS and DHFL, respectively. It is not clear if the “securities” only refer to debt or equity as well. During the year (FY21), the company provided for ₹1.59 crore, including interest accrued till date, as ...

Leader of the Opposition in the Assembly Ramvir Singh Bidhuri demanded a CAG audit into DJB’s accounts. A day after the Anti-Corruption Branch arrested three persons charged with duping the Delhi Jal Board (DJB) of ₹20 crore, the Bharatiya Janata Party demanded an FIR against Chief Minister Arvind Kejriwal as he was the DJB chairman when the alleged scam took place. Leader of the Opposition in the Assembly Ramvir Singh Bidhuri demanded a CAG audit into DJB’s accounts. DJB vice-chairman and AAP MLA Saurabh Bharadwaj refuted the allegations, saying, “There is no scam as is being alleged. In this case, the DJB was cheated; our administration was not at fault.”

Scammers are using the earthquakes in Turkey and Syria to try to trick people into donating to fake causes, security experts have warned. These scams claim to raise money for survivors, left without heat or water following the disasters that have killed more than 35,000 people. Scammers are using the earthquakes in Turkey and Syria to try to trick people into donating to fake causes But instead of helping those in need, scammers are channelling donations away from real charities, and into their own PayPal accounts and cryptocurrency wallets. We've identified some of the main methods used by scammers, and tools you can use to double check before donating. On TikTok Live, content creators can make money by receiving digital gifts. Now, TikTok accounts are posting photos of devastation, looped footage and recordings of TVs showing rescue efforts, whilst asking for donations. Captions include phrases like "Let's help Turkey", "Pray for Turkey" and "Donate f...