Business Blogs

Unclaimed Cryptocurrency Worth Rs 889 Crore, Its Owner's Address Known, Income Tax Department Is Sending Notice

The Income Tax Department has identified undisclosed income of Rs 888.82 crore in the form of virtual digital assets and the CBDT has sent 44,507 letters to these identified taxpayers warning them to disclose such income in their income tax returns.

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These Are The Most Indebted Companies In The World, Number 1 Has Debt Equal To India's GDP.

Companies often take loans to expand their business, but some are unable to repay the loan. Of the 10 companies with the highest debt in the world, 5 are from China. America's Fannie Mae has the highest debt of $4.210 trillion, which is equal to India's GDP. Reliance Industries has the highest debt in India.

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