Last Updated: Wednesday, March 4, 2015, 16:31
Under the new law on black money, banks and other financial institutions will also face action if they are found to have abetted stashing of illicit wealth, along with the action against the perpetrators and beneficiaries of this crime.
Last Updated: Wednesday, March 4, 2015, 13:34
RBI's decision to cut interest rate augurs well for business and will prompt people to go in for housing and consumer loans which will boost demand and growth, Revenue Secretary Shantikanta Das said Wednesday.
Last Updated: Tuesday, March 3, 2015, 18:57
The government will give a one-time 'short window' to holders of black money abroad to declare their wealth, pay taxes and penalty and escape prosecution under the proposed stringent law to deal with the menace.
Last Updated: Friday, December 26, 2014, 17:04
India and some other countries have got one more month from the US to sign the Foreign Account Tax Compliance Act (FATCA), an agreement which seeks to facilitate flow of financial information.
Last Updated: Wednesday, April 17, 2013, 23:33
Revenue Secretary Sumit Bose and SEBI Chairman U K Sinha in a meeting with FIIs Wednesday sought to allay foreign investors' fears related to controversial tax residency certificate (TRC) and other concerns.
Last Updated: Tuesday, June 28, 2011, 16:07
RS Gujral will take charge as the Revenue Secretary from July 1, succeeding Sunil Mitra, who retires at the end of this month.
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