black money

Did Indian money in Swiss banks grow more than three times in 2024? Govt responds

July 23, 2025 8:21 pm

Indian money in Swiss banks 2024: Pankaj Chowdhary also responded to questions about black money recovered so far and detailed the tax and penalties levied on suspected black money.

Black money case: ED files prosecution complaint against Mumbai-based businessmen

March 22, 2025 4:45 pm

According to the agency, their investigation revealed that Mumbai-based businessmen Siddharth Abhay Chokshi and Abhay Sajanlal Chokshi held undisclosed foreign income and assets amounting to Rs 8.09 crore.

Black money case: ED issues order to attach assets worth Rs 8.09 crore of two Mumbai businessmen

January 02, 2025 10:12 pm

ED provisionally attached assets include moveable assets in the form of tax-free bonds and immoveable assets in the form of land located at Pune.

Surat: Election team seizes Rs 75 lakh unaccounted cash, 2 held

November 23, 2022 9:32 pm

"We have so far seized over Rs. 4.25 crore unaccounted cash in various such incidents.”

Kerala: ED raids Church of South India premises over black money scam at Karakonam medical college

July 25, 2022 5:41 pm

Earlier, the church had faced an allegation that capitation fees collected from the students were parked in a separate account without any receipts or bills.

Pandora Papers showing how global elites continue to exploit tax loopholes underline need for comprehensive reform

October 06, 2021 9:07 am

Disclosures such as these reiterate the need for comprehensive, all encompassing reform. Gaps in tax systems must be addressed, and information must be shared by countries more freely.

Govt orders CBDT-led probe into Pandora, black money judges say action will be taken

October 05, 2021 10:43 pm

Beginning Monday, The Indian Express has begun a series of investigative reports that show how Indian elites have found ingenious new ways to ring-fence their assets abroad from scrutiny at home.

January 23, 1981, Forty Years Ago: Bond Controversy

January 22, 2021 10:53 pm

One of the members of Planning Commission feels that not enough homework was done before deciding on the bonds as a measure to clean up black money. In the earlier schemes — for example, the 1976 voluntary disclosures — the Planning Commission was involved.

SC refuses to hear PIL on making laws to confiscate 'benami' properties, black money

December 11, 2020 5:33 pm

The bench observed while there is legislative and executive exercise, the role of the judiciary is to scrutise. The bench said that the judicial wing cannot be asked to take over all the roles and added that it has not been envisaged in the Constitution.

India gets 2nd set of Swiss bank account details under automatic info exchange framework

October 09, 2020 7:44 pm

The information exchange this year involved nearly 3.1 million (31 lakh) financial accounts, FTA said in a statement on Friday. The number of such accounts was similar in 2019.

Demonetisation, a success? Is it still a question: News in Numbers

June 22, 2020 6:17 pm

The shortage of cash, decline in GDP, loss to small businesses and daily-wage workers - was it all worth it if most of the demonetised money is back in the system?

Delhi Layer Rohit Tandon Held In Money Laundering Case

June 22, 2020 7:16 pm

Government Asks People To Send Black Money Information On E-mail

June 22, 2020 7:17 pm

Modi govt. has failed to bring back black money: Congress

January 12, 2016 7:33 am

New Delhi, Jan 12 (ANI): Reacting on the black money statement of Yoga Guru Baba Ramdev, Congress leader Shobha Oza on Tuesday said the Modi government, which had black money as an important issue in their election manifesto, has now gone silent on the matter. She further said that PM Modi has failed on his promise to bring the black money back. Meanwhile, Bharatiya Janata Party (BJP) leader Sudesh Verma said that necessary steps were being taken by the government on black money and assured that the results would come soon.