July 18, 2020 12:14 am
Octogenarian Renu Tikamdas Tharani was found to be the beneficiary of the account that held $3.97 crore during financial year 2005-06 after the tax department began a reassessment proceeding in 2014 for the income tax return filed in 2006, wherein she had declared an income not liable to tax.
November 02, 2019 3:11 am
These ‘elephant bonds’ would be an avenue for people to bring their offshore undisclosed wealth into India without fear of prosecution, suggests the report.
June 27, 2019 9:09 pm
A new framework has been put in place for automatic exchange of information between Switzerland and India to help check the black money menace with effect from January 1, 2018.
May 20, 2019 6:33 pm
The Centre is also aggrieved by the interim order of the high court that restrained the Income Tax (I-T) department from taking any action against VVIP chopper scam accused Gautam Khaitan, against whom a black money case has been lodged.
May 17, 2019 2:31 pm
Replying to an RTI query, the Finance Ministry said India and Switzerland share information on black money on a case to case basis as per the investigations being carried out.
November 25, 2018 6:01 pm
The PMO, replying to an RTI application filed by whistleblower bureaucrat Sanjiv Chaturvedi, said a Special Investigation Team (SIT) has already been formed and its investigation is underway.
July 23, 2018 12:15 pm
Winsome Diamonds is the country’s second largest wilful defaulter, and owes Rs 4,687 crore to a consortium of banks headed by Standard Chartered Bank.
June 29, 2018 9:14 am
The latest data from Zurich-based Swiss National Bank (SNB) comes months after a new framework has been put in place for automatic exchange of information between Switzerland and India to help check the black money menace.
June 28, 2018 11:36 pm
On Supreme Court's direction, the government had constituted a Special Investigation Team (SIT) to probe cases of alleged black money of Indians, including funds stashed abroad in places like Switzerland.
June 14, 2018 6:54 am
According to Indian laws, it is not illegal for Indians to own property in Dubai. As per the Foreign Exchange Management Act of 1999, resident and non-resident Indians are allowed to own immovable properties abroad.
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?
June 22, 2020 7:16 pm
June 22, 2020 7:17 pm
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.
Sonu, Soha, Shraddha and others share throwback photos on Raksha Bandhan