New Delhi: The Narendra Modi government may start a voluntary disclosure of income scheme (VDIS) where individuals and corporates will be allowed to disclose wealth earned through tax avoidance and without being penalised made to
New Delhi: In run up to the general elections last year, BJP leaders including Prime Minister Narendra Modi promised to bring back the black money stashed abroad. They promised the money would bring down the
New Delhi: Finance Minister Arun Jaitley will present his first full-year budget for 2015-16 on February 28. Everyone, including middle class and low-income group, who voted for the Narendra Modi-led NDA government, expect a lot
New Delhi: President Pranab Mukherjee on Monday painted a rosy picture of the Indian economy in his annual address to the joint session of both houses of Parliament saying GDP is growing at 7.4% and
New Delhi: Finance Minister Arun Jaitley is likely to announce policy initiatives on some of the key recommendations made by the Special Investigation Team (SIT) on black money to combat the menace of illicit funds,
New Delhi: The government is committed to take all possible measures to stop generation of black money by putting in place legislative and administrative frameworks, President Pranab Mukherjee said today.Addressing the joint sitting of Parliament,
New Delhi: Experts and activists have expressed dissatisfaction over government's slow approach towards getting back black money to India.BJP leader Subramanian Swamy said he was still optimistic that the Modi government would succeed in bringing
New Delhi: In order to speed up its probe into cases of illegal funds stashed abroad, the SIT on black money has roped in one more economic intelligence agency— CEIB—as the main “coordinating body” between
Berne/New Delhi: In its fight against black money menace, India will have to wait till 2018 for Switzerland to provide bank account details of Indians under the 'automatic information exchange' framework.Under a global framework, more
New Delhi: The Income Tax Department has shifted its focus from revenue augmentation to prosecution of willful tax evaders.Central Board of Direct Taxes (CBDT) on Thursday confirmed that the I-T Department has started focusing on
New Delhi: At a time when unaccounted wealth of Indians stashed away in foreign banks is under focus, the income tax department has shifted its attention from civil consequences to criminal consequences in serious cases
London: HSBC may face investigation by US authorities and an inquiry by British lawmakers after admitting failings by its Swiss branch that may have allowed some customers to dodge taxes.US prosecutors have stepped up efforts
New Delhi: After recovery of around Rs 3500 crore from tax evaders who held Swiss bank accounts, the Supreme Court appointed Special Investigation Team (SIT), is expecting I-T department to recover another Rs 6500 crore.
New Delhi: The Special Investigation Team (SIT) on black money decided to widen its probe as new names of Indians with Swiss bank accounts have come up. But they made it clear that legal action
Bengaluru: Union minister Prakash Javadekar today said people are in for good news in days to come as the names of those who have stashed black money in foreign banks will be made public as
New Delhi: The black money commotion gained momentum, on Monday, when names of 100 Indians who hold accounts in Swiss bank were revealed by The Indian Express.The money worth Rs 25,420 crore is stashed in
New Delhi: The Special Investigation Team (SIT) on black money will hold a meeting today to discuss status of cases of Indians found to have been holding illegal accounts abroad and disclosures made by an
New Delhi: The government is expected to disclose the names of close to 60 Indians and entities as it has recently initiated tax evasion prosecution proceedings against them as part of its crackdown on black
Berne/New Delhi: Under pressure to act on black money front, Switzerland has said it is intensely pursuing cooperation with India, even as the bilateral ties remain "tense" over its refusal to share bank account details
New Delhi: The Enforcement Directorate (ED) in the hunt for the black money moved away from Switzerland and Liechtenstein to the Caribbean tax haven British Virgin Islands (BVI) of where ten individuals holding shares of
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