Black money: Now, rich Godmen under SIT scanner

Last Updated: Thursday, August 27, 2015, 11:26

The SIT on black money will closely monitor the source of wealth and its utilization by the Indian Godmen.

Black money window: More disclosures likely towards Sept-end

Last Updated: Wednesday, August 26, 2015, 22:58

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: Swiss govt rejects privacy in financial matters

Last Updated: Wednesday, August 26, 2015, 21:20

At a time when it is under global pressure, including from India, on black money menace, the Swiss government has rejected the popular initiative to allow strict privacy in financial matters.

Black money fight: SEBI, Govt to update SIT on safeguards

Last Updated: Monday, August 24, 2015, 23:59

Asked to tighten its noose on tax evaders and black money launderers in stock markets, regulator SEBI will consult the government on all necessary steps, including on P-Notes, and update the Supreme Court-appointed Special Investigation Team about the safeguards.

SEBI steps up black money fight; busts gains through 'losses'

Last Updated: Sunday, August 23, 2015, 18:33

As it steps up its crackdown on tax evasion and laundering of black money through stock markets, regulator SEBI has busted an 'innovative' scheme wherein HNIs were incurring 'bogus losses' to offset tax liabilities.

Fight against black money: Sebi to discuss P-Notes issue

Last Updated: Sunday, August 23, 2015, 14:56

The Special Investigation Team on Black Money had suggested that Sebi needs to further strengthen its monitoring mechanism to detect instances of the stock market platform being misused for tax evasion.

Govt to issue 2nd set of FAQs on black money law soon: Das

Last Updated: Friday, August 21, 2015, 18:56

In a bid to clarify issues related to the black money law the government will soon come out with second set of Frequently Asked Questions (FAQs).

Fight against black money: SEBI bars 59 entities

Last Updated: Thursday, August 20, 2015, 21:33

In a fresh clampdown on entities misusing stock markets for evading taxes, regulator SEBI Thursday barred 59 entities, including HNIs, from securities markets and also referred the case to the Income Tax Department for further investigations.

Govt approves pact with Seychelles to curb black money

Last Updated: Thursday, August 20, 2015, 14:12

To check black money generation, the government on Thursday approved signing and ratification of the agreement between India and Seychelles for exchange of information with respect to taxes.

CBDT to clarify on bank a/c disclosures under black money law

Last Updated: Monday, August 17, 2015, 16:07

As per the rules released by the I-T department in July, CBDT had asked persons having undisclosed foreign bank accounts to provide sum total of credits since the opening of the account.

Black money: CII lauds govt's efforts to fight menace

Last Updated: Sunday, August 16, 2015, 19:22

A day after Prime Minister Narendra Modi in his Independence-Day speech talked about the steps taken to unearth black money, industry chamber CII Sunday hailed the government's efforts to fight the menace while advocating 'stringent punishments' for offenders.

Foreign assets of Rs 6,500 cr disclosed under compliance window: PM

Last Updated: Saturday, August 15, 2015, 10:40

Modi said several important steps including agreements with countries like the US for real time sharing of information on foreign assets have been taken.