High priority given to probe black money cases: ED

Last Updated: Friday, May 1, 2015, 14:46

ED has surpassed previous records and attached assets worth over Rs 9,000 crore in the last financial year for hawala and money laundering crimes.

Black money Bill to be taken up in Parliament next week: FM

Last Updated: Friday, May 1, 2015, 13:07

Jaitley said the government has been taken steps to unearth black money stashed abroad.

Black money: I-T department files 121 cases against HSBC account holders

Last Updated: Thursday, April 30, 2015, 18:10

The Income Tax department has slapped 121 cases for prosecution of those entities whose names have appeared in the HSBC Geneva bank list even as undisclosed income to the tune of Rs 4,800 crore has been brought under tax net in these cases at the end of the last fiscal.

New law to enable confiscation of benami properties: Sinha

Last Updated: Tuesday, April 28, 2015, 15:46

Seeking to curb generation of black money, the government on Tuesday said it will come out with a new law that will provide for confiscation of benami properties and prosecution of offenders.

Black money: FIU begins tracking overseas money transfer

Last Updated: Tuesday, April 28, 2015, 15:45

Financial Intelligence Unit has begun tapping information on all suspicious cross-border fund transfers made from India to offshore destinations.

Sebi ups crackdown on money-pooling frauds; 92 firms face axe

Last Updated: Sunday, April 19, 2015, 12:24

Sebi's crackdown on illegal money pooling activities seems to be gaining momentum as the regulator has taken strict action against 92 firms so far in 2015 for fraudulently raising over Rs 2,000 crore from public.

FM promises reasonable compliance window under black money law

Last Updated: Monday, April 6, 2015, 13:12

The government had introduced the stringent Bill in the Lok Sabha to deal with the menace of black money stashed abroad.

Sebi restrains ERIL Mutual Benefit from raising funds

Last Updated: Friday, March 27, 2015, 17:52

According to Sebi's findings, the Jharkhand-based firm allegedly raised funds from over 500 investors through issue of equity shares.

Black money Bill likely to be tabled in Lok Sabha tomorrow

Last Updated: Thursday, March 19, 2015, 14:13

The government is likely to table in the Lok Sabha tomorrow a Bill to make non-disclosure of overseas income and assets a predicate offence that will attract punitive action including upto a 10-year jail term.

HSBC Swiss unit says has made changes to prevent tax evasion

Last Updated: Monday, February 9, 2015, 14:41

HSBC`s Swiss banking arm, which according to leaked documents helped wealthy customers avoid millions in taxes in the past, insisted Monday it has since undergone a "radical transformation".