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'Black Money' - 453 Video Result(s)

'Black Money' - 601 News Result(s)

  • Black Money Window: More Disclosures Likely Towards September-End

    Black Money Window: More Disclosures Likely Towards September-End

    The government expects the number of disclosures about unaccounted overseas wealth under the black money window to go up in the last few weeks of the compliance period, which ends on September 30.

  • Black Money: Sebi Busts Gains Through Losses

    Black Money: Sebi Busts Gains Through Losses

    As it steps up its crackdown on tax evasion and laundering of black money through stock markets, capital market regulator Securities and Exchange Board of India (Sebi) has busted an 'innovative' scheme wherein HNIs (high net worth individuals) were incurring 'bogus losses' to offset tax liabilities.

  • Black Money: Sebi to Discuss P-Notes Issue, Says Report

    Black Money: Sebi to Discuss P-Notes Issue, Says Report

    Having barred over 1,000 local entities for suspected tax evasion through stock markets, capital market regulator Securities and Exchange Board of India (Sebi) will discuss on Monday suggestions of the Supreme Court-appointed Special Investigation Team (SIT) on black money with regard to P-Notes, or participatory notes.

  • Not 'Much' Change Required on Participatory Notes: Government

    Not 'Much' Change Required on Participatory Notes: Government

    The comments assume significance in the wake of the Supreme Court-appointed Special Investigation Team (SIT) on black money asking the capital market regulator Sebi to review its regulations on participatory notes to help identify the end-users of these instruments.

  • Stopped Trading in 'Deep Out of Money Contracts' From July: BSE

    Stopped Trading in 'Deep Out of Money Contracts' From July: BSE

    With the Securities and Exchange Board of India (Sebi) banning 59 entities for tax evasion through illiquid stock options, BSE on Thursday said it has already taken precautionary and proactive measures to curb such instances.

  • Sebi Bars 59 Entities for Suspected Tax Evasion via Stock Options

    Sebi Bars 59 Entities for Suspected Tax Evasion via Stock Options

    In a fresh clampdown on entities misusing stock markets for evading taxes, the Securities and Exchange Board of India (Sebi) on Thursday barred 59 entities, including high net worth individuals (HNIs), from the securities markets and also referred the case to the Income Tax Department for further investigation.

  • Government to Ensure Reasonable GST Rate: Revenue Secretary

    Government to Ensure Reasonable GST Rate: Revenue Secretary

    The government is trying to keep the proposed Goods and Services Tax (GST) rate "as reasonable as possible" to ensure success of the new indirect tax regime and better growth of the economy, a top Finance Ministry official said on Thursday.

  • Tax Department to Clarify on Bank Account Disclosures Under Black Money Law: Report

    Tax Department to Clarify on Bank Account Disclosures Under Black Money Law: Report

    In the Frequently Asked Questions (FAQs) the Central Board of Direct Taxes (CBDT) will answer around two dozen queries based on inputs received from various stakeholders since the notification of the Compliance Window under the Black Money Act on July 1.

  • Engineer, Son Arrested With Rs 24 Crore Cash, Gold, Diamonds in Kolkata

    Engineer, Son Arrested With Rs 24 Crore Cash, Gold, Diamonds in Kolkata

    A state government engineer and his son were arrested by Anti Corruption Bureau (ACB) of West Bengal Police after cash worth over Rs 24 crore and gold ornaments, diamonds worth lakhs were seized from his residence at Bally in Howrah district, an official said today.

  • Rs 6,500 Crore Declared Under Black Money Law: PM Modi

    Rs 6,500 Crore Declared Under Black Money Law: PM Modi

    Committing to carry forward the fight against black money, Prime Minister Narendra Modi today said Rs 6,500 crore of undisclosed foreign assets have been declared under the compliance window of the new law and the drive would continue despite its 'side effects'.

  • Rs 6,500 Crore Declared Under Black Money Law, Says PM Narendra Modi

    Rs 6,500 Crore Declared Under Black Money Law, Says PM Narendra Modi

    Committing to carry forward the fight against black money, Prime Minister Narendra Modi today said Rs 6,500 crore of undisclosed foreign assets have been declared under the compliance window of the new law and the drive would continue despite its 'side effects'.

  • Congress Wanted to Block GST Bill, Sushma Swaraj Was Excuse: Manohar Parrikar

    Congress Wanted to Block GST Bill, Sushma Swaraj Was Excuse: Manohar Parrikar

    Defence Minister Manohar Parrikar has alleged that the Congress' main "gameplan" behind disrupting Parliament was to block the Goods and Services Tax (GST) bill, which he said if passed would have given a major boost to the country's economy and put brakes on black money generation.

  • Sonia Gandhi, Furious at 'Black Money' Barb, Protests Near Speaker's Chair

    Sonia Gandhi, Furious at 'Black Money' Barb, Protests Near Speaker's Chair

    Sonia Gandhi today made a rare dash towards the Speaker's Chair in the Lok Sabha to join her Congress lawmakers in protest after a BJP lawmaker alleged that the Indian Premier League or IPL involved her family's black money - the term given for untaxed money parked in foreign accounts.

  • Government Notifies Changes in Rules for Foreign Account Tax Compliance Pact

    Government Notifies Changes in Rules for Foreign Account Tax Compliance Pact

    The Revenue Department has amended income tax rules to provide for reporting of information with regards to financial assets and accounts, a month after India signed a tax information sharing agreement with the US.

  • Swiss Banks Step Up Battle for Asia's Super Rich

    Swiss Banks Step Up Battle for Asia's Super Rich

    UBS's giant banner on Hong Kong's One Peking Road skyscraper, so big it has drawn complaints for keeping solar panels in the shade, is a testament to the renewed push among Swiss banks to win business from Asia's burgeoning ranks of millionaires.

  • Sebi Board to Discuss SIT Suggestions on Black Money Fight: Report

    Sebi Board to Discuss SIT Suggestions on Black Money Fight: Report

    This comes at a time when Sebi has already acted against over 950 domestic entities for suspected tax evasion through stock exchange platform, while at least 25 offshore entities are under its scanner for providing investment services to corporates and High Networth Individuals (HNIs) here in a clandestine manner.

  • 'This is Not Narendra Modi's Government,' Says Rahul Bajaj to NDTV

    'This is Not Narendra Modi's Government,' Says Rahul Bajaj to NDTV

    Top industrialist and Rajya Sabha member Rahul Bajaj, known to be an admirer of Prime Minister Narendra Modi, had strong words for the NDA government, saying it was losing the sheen it came with after the historic win in the Lok Sabha polls last year.

  • Sebi Seeks to Step Up Scrutiny of Offshore Wealth Managers: Report

    Sebi Seeks to Step Up Scrutiny of Offshore Wealth Managers: Report

    Seeking to root out undeclared wealth, the Securities and Exchange Board of India (Sebi) has sent letters to some large wealth managers operating out of low-tax centres like Hong Kong and Singapore to try and bring them under its remit, people with knowledge of the matter said.

  • Names Can be Revealed in Public Interest: Government on Black Money

    Names Can be Revealed in Public Interest: Government on Black Money

    Holding out no assurance of an absolute confidentiality to those disclosing foreign assets on their own, the government today said details of information provided during the one-time compliance window can be revealed in the public interest.

  • Names Can Be Revealed in Public Interest: Government on Black Money

    Names Can Be Revealed in Public Interest: Government on Black Money

    Holding out no assurance of an absolute confidentiality to those disclosing foreign assets on their own, the government on Tuesday said details of information provided during the one-time compliance window can be revealed in the public interest.

  • Government Taking Effective Steps to Tackle Black Money: Union Minister Jayant Sinha

    Government Taking Effective Steps to Tackle Black Money: Union Minister Jayant Sinha

    The government today said it's taking effective steps to deal with black money and will focus on high-impact cases with a view to prosecuting offenders expeditiously for credible deterrence against tax evasion.

  • Sensex Slumps 550 Points After Biggest China Crash in 8 Years

    Sensex Slumps 550 Points After Biggest China Crash in 8 Years

    The Sensex fell more than 450 points on Monday amid jitters over the P-note (participatory note) issue and an 8 per cent plunge in China markets. The government issued a clarification on P-notes, with Revenue Secretary Shaktikanta Das saying there is no need for markets to panic just yet.

  • Jaitley to Consider Carefully Report on 'Black Money'

    Jaitley to Consider Carefully Report on 'Black Money'

    Finance Minister Arun Jaitley said the government would take into account the impact on foreign investments should it act to prevent illegal funds or "black money" from flowing into India through popular equity derivative products.

  • Sebi Urged to Step Up Efforts Against 'Black Money'

    Sebi Urged to Step Up Efforts Against 'Black Money'

    The recommendations were part of a report detailing the need for greater oversight across a variety of activities that have long been suspected of being fronts to avoid taxes, including via shell companies, imports and exports, or even cricket bets.

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