Election 2014 | Press Trust of India | Friday April 18, 2014
We got independence in 1947, but it was a false freedom, said the activist
Election 2014 | Press Trust of India | Tuesday April 8, 2014
The Election Commission has seized over Rs 195 crore in cash from all over the country so far, with Andhra Pradesh contributing Rs 118 crore.
Wednesday April 2, 2014
Three institutes-- Delhi-based National Institute of Public Finance and Policy (NIPFP) and National Council of Applied Economic Research (NCAER), and National Institute of Financial Management (NIFM) in Faridabad, Haryana--were roped in by the Financ...
India | Reported by Ketki Angre (With inputs from Agencies) | Thursday March 27, 2014
The Supreme Court today slammed the Centre for failing to bring back black money stashed in foreign banks for over six decades, saying that kind of money would have pushed up India's income.
Election 2014 | Press Trust of India | Saturday March 15, 2014
The Income Tax department has floated a toll-free helpline number for general public to alert it about any suspicious movement of large sums of cash in the national capital during polls.
Election 2014 | Press Trust of India | Thursday March 13, 2014
Around 700 IRS officers would be deployed by the Election Commission as observers in 'expenditure sensitive' constituencies during the Lok Sabha polls.
Sunday March 9, 2014
The European country, which has often been accused of being the most favoured place for stashing illicit wealth by Indians, also said it is "committed to resolving any open questions with India regardless of the upcoming elections".
Monday March 3, 2014
A team of the US Treasury officials recently met Indian Income Tax and CBDT officials for negotiating an Inter-Governmental Agreement (IGA) which will enable faster access to tax evasion related information and tax crimes by individuals and entities ...
Thursday February 13, 2014
Global economic body Organisation for Economic Cooperation and Development (OECD) today unveiled a new mechanism to combat the menace of offshore tax evasion, a protocol to which India is a signatory.
Tuesday January 28, 2014
Reserve Bank of India Governor Raghuram Rajan said on Wednesday that withdrawal of pre-2005 notes is not intended to check black money but to prevent counterfeiting.
Sunday December 22, 2013
As part of its strategy to combat black money, India will soon operationalise its first-ever income tax office in Cyprus to tackle funds flowing from the island nation even as it mulls rolling back suspension of tax benefits on investments made from ...
Thursday December 12, 2013
Total black money outflow from India was nearly $343 billion (nearly Rs 21 lakh crore at dollar/rupee value at 62) during 2002-2011, says a report. This puts India as the fifty largest exporter of illicit money, the report adds.
Friday November 22, 2013
In a big boost in the fight against black money, four overseas jurisdictions including Liechtenstein where Indians are suspected to have stashed illicit funds have agreed to do away with banking secrecy ways by allowing automatic tax information ex...
Monday November 18, 2013
The step comes as a major boost for India in its fight against tax evasion and stashing of illegal funds abroad as a number of individuals have been detected from the country to have been using banking channels of that country to hide their illegal i...
India | Edited by Deepshikha Ghosh | Friday November 1, 2013
Union minister Kapil Sibal has alleged that black money has been used for Narendra Modi's rallies.
India | NDTV.com | Friday November 1, 2013
Union Minister Kapil Sibal hits out at Bharatiya Janata Party's prime ministerial candidate Narendra Modi.
Assembly | Press Trust of India | Thursday October 31, 2013
Income Tax department has formed verifications cells in all 33 districts of Rajasthan to monitor movement of black money during the upcoming Assembly election in the state.
Thursday October 31, 2013
The move is based on the claim by International Consortium of Investigative Journalists (ICIJ), a US based group of about 160 journalists, to have possessed secret records of 2.5 lakh individuals and entities from more than 170 countries relating to ...
Assembly | Press Trust of India | Tuesday October 22, 2013
In the run up to Delhi assembly polls, the state Election Commission (EC) and the Income Tax (IT) department plan to undertake a drive against black money vitiating the electoral process.
India | Edited by Prasad Sanyal | Friday October 18, 2013
Narendra Modi, who arrived in Chennai this afternoon, said wryly at the airport that if all the money kept in Swiss banks was got back to the country, it would not have to go looking for gold.