New Delhi: Stepping up its effort to curb domestic black money, the Union Cabinet on Wednesday approved the Benami Transactions (Prohibition) Amendment Bill with the hope of introducing them in the ongoing monsoon session of
New Delhi: The Narendra Modi government has detected undisclosed income of Rs 43,829 crore, both from domestic and foreign sourcesin the last two financial years, Parliament was informed on Tuesday. "The amount received under the
New Delhi: The government on Thursday launched an ‘EMI scheme’ over an extended period for the payment of tax and penalty for the black money disclosed under the one-time compliance scheme. The government has
New Delhi: The Special Investigation Team (SIT) on blackmoney has recommended ban on cash transactions of above Rs 3 lakh and restricting cash holding with individuals to not more than Rs 15 lakh to curb
New Delhi: In a move aimed at identifying potential black money holders, the government is now looking to put a lens on high-value transactions to identify those who can come clean by availing the government’s four-month compliance window ending Sept
New Delhi: The government is considering an extension of the deadline for declaration of black money and also has accepted the industry request for tax being paid in instalments. A meeting held late last month
Arun Jaitley today said that there will be no extension in the four-month-long compliance window provided to domestic black money holders to come clean by paying taxes or penalties.
This is the highest disclosure ever from offshore bank accounts and has raised a tax demand of Rs 5,377 crore against such account holders till March 31, 2016.
New Delhi: Seeking to enhance cooperation to fight the black money menace, India and Switzerland on Wednesday said a team would soon visit the Alpine nation to expedite pending information requests on Indians with Swiss
Yoga guru Ramdev today voiced dissatisfaction with the scale of efforts being made by the Centre to bring back the black money
Geneva: Toiling hard to make it to the elite 48-member nuclear trading nations' club called Nuclear Suppliers Group (NSG), India today got the backing of Switzerland ahead of the group's crucial meeting. Swiss President Johann
Geneva: After crossing Afghanistan and Qatar off his list, Prime Minister Narendra Modi arrived in Geneva on Monday on the third leg of his five-nation tour during which he will hold talks with Swiss President
New Delhi: Pegging India’s ‘black economy’ at over Rs 30 lakh crore or about 20% of total GDP, a new study says it has been contracting gradually over the years but still remains bigger than
New Delhi: Prime Minister Narendra Modi sets off tomorrow on a five-nation visit to Afghanistan, Qatar, Switzerland, the US and Mexico during which the focus will be to broaden bilateral trade, energy and security cooperation
New Delhi: To deliver on his promise of bringing back black money to India, Prime Minsiter Narendra Modi may make a stopover in Switzerland on his way to the US next month to discusss the
Finance Minister Arun Jaitley today said that the government is making ‘all-out efforts’ to unearth black money stashed away in offshore accounts.
New Delhi: Yoga guru Swami Ramdev has called on the Centre to speed up efforts to bring back black -money stashed in offshore accounts. "There is much frustration among people over the issue of black
New Delhi: Government has unearthed evasion of about Rs 50,000 crore of indirect taxes and undisclosed income of Rs 21,000 crore in the past two years, according to the Finance Ministry. “The present Government has
The crackdown on black money by authorities has resulted in the unearthing of as much as Rs 50,000 crore in indirect tax evasion and another Rs 21,000 crore in undisclosed income in the last two years, the government has said in a statement.
New Delhi: There is no official estimation of amount of black money that has been sent to foreign countries by India persons, government today said. "Determination of black money sent to foreign countries by
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