July 10, 2019 3:14 pm
Pointing to volume, Swiss office says several dispatches may be needed. According to the two Swiss agencies, India is among 73 countries with whom information on bank accounts will be shared this year — AEOIs were implemented with 36 countries last year.
November 25, 2016 2:51 pm
Azad said his notice was conditional upon the Prime Minister coming to the House and listening to the entire debate and replying to it.
January 06, 2016 4:33 pm
A total of 644 declarations were made under the compliance window provided in the Act (new anti-black money law) which closed on September 30, 2015.
November 02, 2015 3:39 pm
At the G20 nations' Australia summit last November, leaders endorsed a new global transparency standard by which more than 90 jurisdictions will begin automatic exchange of tax information.
May 11, 2015 5:54 pm
As per the Bill, introduced in the Lok Sabha in March, the provisions would come into effect from April 1, 2016.
March 19, 2015 2:45 pm
The Bill seeks to make non-filing of IT returns or filing of returns with inadequate disclosure of foreign assets liable for imprisonment of up to 7 years.
November 10, 2014 7:23 pm
"A key issue for me would be to highlight the importance of international cooperation against blackmoney," said Modi.
November 08, 2014 2:40 pm
Swamy said that he has written to PM Narendra Modi that the argument forwarded by FM Arun Jaitley was not correct.
November 06, 2014 4:30 pm
The Income Tax department is now mulling prosecution against 300 entities figuring in the list of 628 entries.
October 18, 2014 4:19 pm
Congress has rejected Arun Jaitley's charge that a tax pact signed by Cong govt in 1995 has kept its hands tied on the issue.