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In the new bill, Non-banking entities are allowed to raise deposits from the public under various laws enacted by the central as well as state governments.
The IT department teams have so far seized around Rs 25 lakh unaccounted cash and some incriminating documents which could lead to major tax evasion by a real estate group.
Niels Annen said efforts now need to be made on devising a financial mechanism to overcome the US sanctions. He said the French have made a proposal in this regard.
The proposal of the ministry would amend the law that allows child marriages to continue till a case is filed in a district court by either of the two contracting parties within two years of becoming
The company's market valuation also declined by Rs 5,150.49 crore to Rs 32,462.51 crore.