The IT department will look at the routing of funds within India whereas other agencies will look into the routing of money outside India, the official said.
In value terms, the gold demand declined by 30 per cent at Rs 38,540 crore, compared to Rs 55,390 crore in the same period of 2016.
Demonetisation had scrapped 86 per cent of the currency in circulation, leading to cash crunch across the country, which gradually eased with remonetisation.
A BJP supporter has released three videos, which try to elucidate how note ban has helped in curbing terror activities, black money and corruption.
Finance Minister Arun Jaitley is addressing the media on demonetisation, economy, Kashmir and other issues in New Delhi.
Supreme Court appointed Special Investigation Team on black money is answerable under the RTI Act, the CIC has held.
A perusal of bank accounts of 5,800 companies 'struck off' the Register of Companies has revealed multiple accounts linked to them that carried out heavy transactions post November 8.
PM Modi said that the government was aware that the growth has slowed down and is taking steps to improve it
After the recent crackdown, the total number of directors disqualified by the ministry has reached 3,00,000.
The Anti-Corruption Bureau (ACB) on Monday night arrested two ‘big fishes’ for amassing disproportionate assets, reportedly worth Rs 500 crore
The Income Tax Department on Sunday concluded raids on premises linked to former Union minister S M Krishna’s son-in-law V G Siddhartha, who is also the owner of Cafe Coffee Day Enterprises
Finance Ministry said that it is examining three reports on the quantum of black money held by Indians inside the country and abroad that were commissioned by UPA regime.
Further tightening the noose around black money hoarders, the government has said that more than 1.06 lakh directors will be disqualified for their association with shell companies
The government has also made the linking of PAN with Aadhaar mandatory to get a 360 degree view of a person's income and assets
The Income Tax Department, a top government official told PTI, has collected a tax of Rs 2,451 crore till now from these declarations
Govt said directors of deregistered companies who try to siphon off money from the firms' bank accounts can face up to 10 years imprisonment
Finance Ministry has sent three study reports on the quantum of black money held by Indians inside the country and abroad to a Parliamentary panel.
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