« Top Headlines » Open DEMAT Account in 24 hrs  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know  Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal  How To Save Tax For Salary Above 15 Lakhs? «  Beware! I-T sleuths are keeping a watch... FinMin appoints transaction advisors for PPP projects... » Moscow court targets Russneft oil tycoon over tax claim August, 29th 2007 A Moscow court issued an arrest warrant on Tuesday for the former chief executive of Russian oil group Russneft, who is accused of tax evasion, a court spokeswoman said. The spokeswoman said she was unable to say whether the oil executive, Mikhail Gutseriyev, was still in Russia. The billionaire resigned in July from Russneft, one of Russia's top ten oil producers, after writing to employees to complain of an "unprecedented hounding" by the Russian government. His associates have also been personally accused of fraud and illegal activities, and the tax authorities are questioning some of Russneft's transactions. Gutseriyev said in his letter to employees that he planned to sell his holding in the group to Basic Element, a holding company controlled by the pro-Kremlin businessman Oleg Deripaska. Basic Element last month applied for permission with Russia's competition authorities to acquire Russneft, which accounts for about three per cent of Russia's crude output. Local press reports have indicated that Basic Element was offering about $ 6.5 billion (4.8 billion euros) for the company. Reports in the Russian press have also claimed that Gutseriyev's son, Chingiskhan, died in a Moscow car accident last week. The case has echoes of the Yukos affair, in which Yukos, once Russia's biggest oil group, was hit with backdated tax claims that backrupted the group and led to the imprisonment of its boss, Mikhail Khodorkovsky. Russian President Vladimir Putin has led a drive to bring Russia's strategic energy and natural resources industries under state control.