May 17, 2016 12:55 am
She said Panama was open to consider as many treaties as possible with other countries to facilitate exchange of information.
May 17, 2016 12:47 am
Over 500 Indians figure on the firm’s list of offshore companies, foundations and trusts.
May 16, 2016 8:48 am
Probing the Aircel Maxis case, the Enforcement Directorate (ED) sent a Letter Rogatory to Singapore this March for details on Advantage Strategic Consulting Singapore Pvt Ltd, a subsidiary of Advantage (India).
May 10, 2016 5:20 am
SC on Monday agreed to hear plea seeking probe against names mentioned in Panama papers; issues a notice to CBI.
May 09, 2016 6:04 am
Shares in both these entities were transferred to Milne on December 4, 2014.
May 06, 2016 7:23 am
What those on Mossack Fonseca records have to say: Some denied links, a few claimed authorities were informed, others said offshore entities inactive.
May 05, 2016 1:00 am
Panama Papers is an eight-month investigation by The Indian Express, in collaboration with the International Consortium of Investigative Journalists (ICIJ).
July 21, 2016 5:57 pm
Offshore account holders claimed NRI status, bought entities from Mossack Fonseca for a few dollars.
May 04, 2016 2:33 pm
Among those who got Panama law firm Mossack Fonseca to open offshore companies before RBI introduced the Liberalised Remittance Scheme.
April 19, 2016 12:15 pm
ED sources said action would be taken against illegal offshore entities under various sections of the Foreign Exchange Management Act (FEMA).
April 04, 2016 10:15 am
Thousands of Mossack Fonseca (MF) documents reviewed by The Indian Express and subsequent enquiries reveal that the Sharif family mortgaged four of these properties to the Deutsche Bank (Suisse) SA for a loan of GBP 7 million and the Bank of Scotland part financed the purchase of two other apartments.
April 04, 2016 10:07 am
Indiabulls, one of the country’s largest realty groups controlled by Sameer Gehlaut, brother Nagendra and father Balwan Singh, made headlines in June 2014 when it acquired a 87444-sq ft property for GBP 155 million at Hanover Square in London. Before Indiabulls Real Estate Ltd entered the UK market, Sameer Gehlaut acquired at least three top London properties through family entities in Karnal, Delhi, Bahamas, Jersey and UK. Currently being developed as residential and hotel projects, these properties are owned by SG Family Trust, set up in October 2012 for the benefit of the family.
April 04, 2016 10:00 am
Individuals who have set up offshore entities through the Panama law firm. Some of the Indians floated offshore entities at a time when laws did not allow them to do so; some have taken a technically convenient view that companies acquired is not the same as companies incorporated; some have bunched their annual quota of remittances to subscribe to shares in an offshore entity acquired at an earlier date. Still, some others have received income earned abroad and deposited it in the entity to avoid tax. Some have opened a bank account to keep payoffs in government contracts, or held “proceeds of crime” or property bought with money made illegally in Trusts/ Foundations