Foreign Assets
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ITR Revision Needed Before Dec 31? CBDT Begins Second 'NUDGE' Campaign For Foreign Asset Compliance
Beginning Nov. 28, taxpayers flagged for potential non-disclosure of foreign assets will receive targeted SMSs and emails, giving them a final, non-intrusive chance to ensure complete compliance.
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National Interests Top Priority While Deciding On International Oil Purchases: Centre
National interest paramount in India's decisions on international oil purchases: Centre
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30,000 Taxpayers Declare Foreign Assets Worth More Than 29,000 Crores: Sources
The number of taxpayers disclosing foreign assets and income voluntarily has witnessed a steep rise in the last few years, according to government data.
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Finance Minister Arun Jaitley Warns Black Money Holders Of Consequences
Asking domestic black money holders to take advantage of the ongoing scheme to come clean, Finance Minister Arun Jaitley on Thursday said those who have not yet declared their undisclosed foreign assets will face the consequences.
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Foreign Assets Worth Rs 800 Crore Unearthed By Karnataka-Goa IT Department
The Karnataka-Goa Income Tax region has unearthed about Rs 800 crore worth foreign assets and started prosecution in three cases, a top department official said.
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Taxman Launches Crackdown Against Indians With Illegal Foreign Assets
Income Tax Department will investigate cases of illegal funds and properties stashed abroad by Indians.
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Coal India Actively Looking To Invest In Coal Assets In Australia
The state-controlled company, had shortlisted United States, Columbia, Canada and Indonesia as target destinations for investment in January.
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Finance Minister Arun Jaitley Warns Black Money Holders Of Consequences
Asking domestic black money holders to take advantage of the ongoing scheme to come clean, Finance Minister Arun Jaitley on Thursday said those who have not yet declared their undisclosed foreign assets will face the consequences.
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US Says ISIS Has Made $1.5 Billion From Bank Looting, Oil Sales
ISIS terrorists have looted up to $1 billion from bank vaults in Syria and Iraq and has made at least another half a billion dollars from black market oil sales, senior US Treasury official Adam Szubin said on Thursday.
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Non-Disclosure of Foreign Assets to Become Risky Affair: Sinha
Non-disclosure of overseas assets will become a "very risky affair" from 2017 as government will by then start getting information on them from foreign countries, Minister of State for Finance Jayant Sinha said on Thursday.
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Black Money Disclosure: Government Revises Amount to Rs 4,147 Cr
A total amount of Rs 4,147 crore was declared during the 90-day black money compliance window, higher than the previously announced amount of Rs 3,770 crore, Revenue Secretary Hasmukh Adhia said on Monday
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Non-Declarants of Foreign Assets to Face Consequences: Arun Jaitley
Finance Minister Arun Jaitley today warned that those who did not declare overseas black money during compliance window will face the consequences as the government will receive information about their wealth under automatic exchange of information, while others who took advantage of the scheme to come clean can "sleep well".
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India to Pay Another $700 Million to Iran on October 12
India on October 12 will pay another USD 700 million to Iran to clear part of past oil dues, the second payment since the Persian Gulf nation reached a historic nuclear deal with western powers.
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Black Money: 90-Day Compliance Window Ends Today
With a deadline for declaring illegal assets expiring on Wednesday, billions of rupees hidden in foreign bank accounts or funneled into property abroad will emerge into the light - or so the government hopes.
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Government Not to Extend September 30 Deadline to Disclose Foreign Assets
Government will not extend the deadline for income tax assesses to disclose unaccounted foreign assets abroad beyond September 30, which is the expiry date of the three-month compliance window to avoid punitive action, a senior tax official said on Tuesday.
-
ITR Revision Needed Before Dec 31? CBDT Begins Second 'NUDGE' Campaign For Foreign Asset Compliance
Beginning Nov. 28, taxpayers flagged for potential non-disclosure of foreign assets will receive targeted SMSs and emails, giving them a final, non-intrusive chance to ensure complete compliance.
-
National Interests Top Priority While Deciding On International Oil Purchases: Centre
National interest paramount in India's decisions on international oil purchases: Centre
-
30,000 Taxpayers Declare Foreign Assets Worth More Than 29,000 Crores: Sources
The number of taxpayers disclosing foreign assets and income voluntarily has witnessed a steep rise in the last few years, according to government data.
-
Finance Minister Arun Jaitley Warns Black Money Holders Of Consequences
Asking domestic black money holders to take advantage of the ongoing scheme to come clean, Finance Minister Arun Jaitley on Thursday said those who have not yet declared their undisclosed foreign assets will face the consequences.
-
Foreign Assets Worth Rs 800 Crore Unearthed By Karnataka-Goa IT Department
The Karnataka-Goa Income Tax region has unearthed about Rs 800 crore worth foreign assets and started prosecution in three cases, a top department official said.
-
Taxman Launches Crackdown Against Indians With Illegal Foreign Assets
Income Tax Department will investigate cases of illegal funds and properties stashed abroad by Indians.
-
Coal India Actively Looking To Invest In Coal Assets In Australia
The state-controlled company, had shortlisted United States, Columbia, Canada and Indonesia as target destinations for investment in January.
-
Finance Minister Arun Jaitley Warns Black Money Holders Of Consequences
Asking domestic black money holders to take advantage of the ongoing scheme to come clean, Finance Minister Arun Jaitley on Thursday said those who have not yet declared their undisclosed foreign assets will face the consequences.
-
US Says ISIS Has Made $1.5 Billion From Bank Looting, Oil Sales
ISIS terrorists have looted up to $1 billion from bank vaults in Syria and Iraq and has made at least another half a billion dollars from black market oil sales, senior US Treasury official Adam Szubin said on Thursday.
-
Non-Disclosure of Foreign Assets to Become Risky Affair: Sinha
Non-disclosure of overseas assets will become a "very risky affair" from 2017 as government will by then start getting information on them from foreign countries, Minister of State for Finance Jayant Sinha said on Thursday.
-
Black Money Disclosure: Government Revises Amount to Rs 4,147 Cr
A total amount of Rs 4,147 crore was declared during the 90-day black money compliance window, higher than the previously announced amount of Rs 3,770 crore, Revenue Secretary Hasmukh Adhia said on Monday
-
Non-Declarants of Foreign Assets to Face Consequences: Arun Jaitley
Finance Minister Arun Jaitley today warned that those who did not declare overseas black money during compliance window will face the consequences as the government will receive information about their wealth under automatic exchange of information, while others who took advantage of the scheme to come clean can "sleep well".
-
India to Pay Another $700 Million to Iran on October 12
India on October 12 will pay another USD 700 million to Iran to clear part of past oil dues, the second payment since the Persian Gulf nation reached a historic nuclear deal with western powers.
-
Black Money: 90-Day Compliance Window Ends Today
With a deadline for declaring illegal assets expiring on Wednesday, billions of rupees hidden in foreign bank accounts or funneled into property abroad will emerge into the light - or so the government hopes.
-
Government Not to Extend September 30 Deadline to Disclose Foreign Assets
Government will not extend the deadline for income tax assesses to disclose unaccounted foreign assets abroad beyond September 30, which is the expiry date of the three-month compliance window to avoid punitive action, a senior tax official said on Tuesday.
