India News | Press Trust of India | Tuesday March 3, 2015
Targeting the previous UPA government, Prime Minister Narendra Modi today said it had not formed a Special Investigation Team or SIT on black money because there was an attempt to "save somebody" and rejected suggestions that his dispensation was thr...
Tuesday March 3, 2015
Budget 2015 has set out the tone for long term growth, writes Chaitali Bhatawdekar.
Press Trust of India | Monday March 2, 2015
Jaitley also said a new law to tackle black money will be enacted.
India News | Press Trust of India | Sunday March 1, 2015
Indians holding black money abroad will be given a last chance to disclose their overseas bank accounts or wealth to the government and avoid a jail term.
Indo-Asian News Service | Saturday February 28, 2015
Finance Minister Arun Jaitley today said the government was committed to tracing black money stashed abroad and a comprehensive new law will be framed to track it.
Cheat Sheet | Written by Noopur Tiwari | Tuesday February 24, 2015
Whistleblower Herve Falciani, whose leaked data is the origin of the massive HSBC scandal, says a unique opportunity has opened up for India's black money probe now that Switzerland has launched a criminal inquiry into allegedly money-laundering by E...
World News | Jenny Anderson, The New York Times | Tuesday February 24, 2015
Already forced to apologize for helping clients hide their income from tax authorities, HSBC had to explain on Monday why its chief executive went to lengths for years to hide his bonus, at least from his co-workers.
World News | Reuters | Monday February 23, 2015
HSBC reported a 17 per cent fall in annual pretax profit and cut its profitability target, saying allegations its Swiss business had helped customers to dodge taxes had brought shame on the bank.
Press Trust of India | Monday February 23, 2015
SIT and other agencies call for making tax evasion a "serious crime"
World News | Agence France-Presse | Monday February 23, 2015
HSBC chief executive Stuart Gulliver, who vowed to reform the scandal-hit bank, kept millions of dollars in a Swiss account, the Guardian newspaper reported on Sunday.
Press Trust of India | Friday February 20, 2015
Stating that the best way to prevent law breaking is to reduce the incentive to do that, Rajan said, "Do not have 99 percent levels of taxation.
World News | Reuters | Wednesday February 18, 2015
Geneva's public prosecutor searched the premises of HSBC Holdings PLC in Geneva today and said it had opened a criminal inquiry into allegations of aggravated money laundering.
India News | Press Trust of India | Monday February 16, 2015
The Income Tax department is expected to file a complaint against HSBC bank, Geneva, for allegedly "abetting" tax evasion in India by way of unauthorisedly operating accounts of its citizens in its overseas branch.
India News | Written by Noopur Tiwari | Sunday February 15, 2015
Former HSBC employee-turned-whistleblower, Hervé Falciani, whose disclosures caused a global storm this week, has told NDTV that he has signed and returned the proposal India sent to him. The Finance Minister had recently said that the whistlebl...
Opinion | By Herve Falciani, as told to NDTV's Noopur Tiwari | Tuesday February 10, 2015
Herve Falciani, whistle-blower, on his plans to assist India.
World News | Reuters | Monday February 9, 2015
British bank HSBC Holdings Plc (HSBA.L) admitted on Sunday failings by its Swiss subsidiary, in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars of assets.
India News | Indo-Asian News Service | Monday February 9, 2015
The central government has completed assessment of 350 foreign accounts while tax-evasion proceedings have been initiated against 60 account holders as part of its crackdown on black money, Finance Minister Arun Jaitley said today.
India News | Barkha Dutt | Monday February 9, 2015
A new list of Indians with accounts at HSBC in Geneva includes some who have not been investigated so far to determine if they violated tax laws, said sources on the panel of experts that's in charge of identifying and prosecuting citizens who stashe...
India News | Written by Noopur Tiwari | Monday February 9, 2015
As India reacted to the disclosure that there are nearly 1,700 Indians on a list of those who held accounts in 2007 at HSBC's Geneva branch, the whistleblower who unloaded the trove of data told NDTV that he has formally joined the Indian government'...
Cheat Sheet | Edited by Abhinav Bhatt | Monday February 9, 2015
New names who have been added to a list of Indians with accounts at HSBC in Geneva will be investigated as part of an expansive inquiry into black money, said Finance Minister Arun Jaitley today, though sources caution that some of the accounts could...
India News | Reported by Rahul Shrivastava | Monday February 9, 2015
The Centre has started legal proceedings against 60 people who have allegedly parked black or untaxed money in illegal foreign accounts, sources have told NDTV. The money allegedly kept in these accounts could be more than Rs.1500 crore.
India News | Reported by Rahul Shrivastava, Edited by Anindita Sanyal | Monday February 9, 2015
The Union government has started legal proceedings against 60 people who allegedly have black money stashed away in illegal foreign accounts, sources told NDTV.
Sunday February 8, 2015
Cracking its whip on entities using stock markets for evading taxes and laundering black money, the Securities and Exchange Board of India (Sebi) has decided to suspend trading in listed companies that are found to be used by such manipulators.
Cities | Press Trust of India | Sunday February 1, 2015
Cash worth Rs 1 crore and gold bars estimated Rs 59 lakh were found in unused staff lockers of Kendriya Vidyalaya situated on ONGC campus in Chandkheda area, police said today.