black money

Made as one of the main economic agenda during the 2014 Parliamentary elections the BJP-led Union Government today has come out with a statement that there is 'sizeable dip' in black money stashed abroad. Finance Minister Arun Jaitley was…
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The search for black money stashed abroad for the Modi government is a chimera which looks is going to remain unfulfilled during its current term. The revelations of offshore accounts have opened another front in the flow of black money…
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Dear Editor, The news about sharing information on black money with the Swiss government raises quite a few questions . This will be only the tip of the iceberg. What about information from other foreign countries? How about black money…
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Bengaluru: Suggesting systemic changes to check generation of black money, Chief Chief Economic Adviser Arvind Subramanian has said the current system of chasing illicit funds is actually compounding the problem because the taxation rules…
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New Delhi: Government is soon expected to notify a "small time" compliance window for those holding undeclared assets or black money abroad to voluntarily declare these to the taxman and come clean. Sources said the window period could be…
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Zurich: Money held by Indians in Swiss banks fell by over 10 per cent last year to 1.8 billion Swiss franc (about Rs 12,615 crore), amid an enhanced clampdown against the famed secrecy wall of Switzerland's banking system by Indian and…
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New Delhi: Finance Minister Arun Jaitley today hinted at coming out with more steps on squeezing black money but assured honest taxpayers that they need not fear the new law to unearth unaccounted wealth stashed abroad. He also said that…
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The government secured passage of the Black Money Bill in Parliament last week to show that it is serious about fulfilling its promises of toughness on the parallel economy and cover its flanks against allegations of inaction by Opposition.…
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black moneyNew Delhi: Committing its support to India's fight against the black money menace, Switzerland today said its Parliament will soon consider changes in laws to look into the possibility of sharing information in cases being probed…
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New Delhi: To check the generation of black money in the country, the Cabinet today approved the new Benami Transaction (Prohibition) Bill which provides for stringent measures against violators. "The Benami Transactions (Prohibition)…
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