At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express are data from Conyers Dill & Pearman, an offshore specialist law firm with several Fortune 500 companies as clients.
At the heart of the 18-country collaborative investigation by the International Consortium of Investigative Journalists (ICIJ) and The Indian Express is data from Conyers Dill & Pearman, an offshore specialist law firm with several Fortune 500 companies as clients.
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India.
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.
The slew of charges, filed on May 23, the day Lok Sabha election results were announced, included making “scandalous” allegations against women Income Tax officers; making a “false facade of inquiries” against top officials of the Central Board of Direct Taxes (CBDT)
The Election Commission has made a strong case for a CBI inquiry in the complaint they sent on April 5, 2019 regarding the search and seizure operations conducted in Delhi, Noida, Bhopal, Indore and Goa.
Minutes of meetings of the C&C Division accessed by The Sunday Express reveal that the RBI’s representatives have been giving an alarming picture of the coin glut but have, however, assured that whatever quantity of coins have been indented by them will now be lifted.
Nirmala Sitharaman on Mission Shakti ASAT missile test: "PM (Modi) is the Minister for Space, isn’t he? If people are questioning the decision of PM to make an address to the nation they should know the importance of this achievement for our national security."
PM Modi's address to the nation: There are indications that the Election Commission was taken by surprise with the development and that Chief Election Commissioner Sunil Arora has given instructions for the transcript of the address to be analysed carefully
The Indian Express investigation, conducted in association with The International Consortium of Investigative Journalists (ICIJ), found how the first Bill to regulate medical devices was drafted 12 years ago but was still not enacted.
After the release of the Paradise Papers, the Finance Ministry announced that details of offshore holdings of 714 Indians named would be investigated by the Multi Agency Group which was set up after publication of the Panama Papers in April 2016.
Governor Satya Pal Malik admitted that while security forces were “eliminating” local militants — including those belonging to the Jaish — there was no warning or intelligence input about any of them being trained to become a “suicide bomber.”
The Indian Express has learnt that around six weeks ago, individual Indian account holders received communications from the FTA that the Indian request for banking details meets the requirements specified in the DTA (double taxation agreement) signed by the two countries as well as of the 2012 Federal Act on International Administrative Assistance.
The judgments were uploaded by Gotham Digest which monitors all Mutual Legal Assistance Treaty (MLAT) requests to Swiss Federal Courts. The Digest stated that the argument of Mallya’s Swiss lawyers that “the person in charge of the investigation (Special Director Rakesh Asthana) being himself accused of corruption did not convince the Court”.