SIT suggests host of tough measures to check black money

Last Updated: Friday, July 24, 2015, 23:29

Seeking a tight rein on black money, the Supreme Court-appointed SIT Friday recommended enacting tough laws to curb betting in cricket, bring donations to education and religious bodies under tax net, monitoring unusual rise in stock prices and regulating P-Notes.

SIT asks SEBI to clamp down on tax evaders, P-Note misuse

Last Updated: Friday, July 24, 2015, 22:25

Concerned over flow of black money into stock market, the Supreme Court-appointed SIT today asked regulator SEBI to compulsorily identify real owners of foreign funds coming through the controversial P-Note route and also prosecute those using equities for tax evasion.

Black money: SIT for donations to colleges, charities through cheque

Last Updated: Friday, July 24, 2015, 22:24

The SIT on black money has suggested measures to ensure donations by cheques to prevent black money generation in education sector, religious bodies and charities, and sought prosecution of those donating and accepting unaccounted money under anti-corruption law.

Black money: Curb betting in cricket, check donations, says SIT

Last Updated: Friday, July 24, 2015, 18:50

To check the black money menace, SIT Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.

SC to pass verdict on plea for SIT probe against ex-CBI chief

Last Updated: Wednesday, May 13, 2015, 22:21

The Supreme Court is likely to pronounce its verdict tomorrow on a plea filed by an NGO seeking a probe by a Special Investigating Team (SIT) against former CBI Director Ranjit Sinha for allegedly scuttling the probe into a coal block allocation scam case.

Black money: Swamy moves SC seeking permission to assist SIT

Last Updated: Wednesday, May 13, 2015, 00:15

The Supreme Court Wednesday sought a response from the Special Investigation Team (SIT) on a plea of BJP leader Subramanian Swamy seeking permission to assist the panel in unearthing and bringing back black money from tax havens.

Black money: SIT advisor given three-month extension

Last Updated: Friday, May 1, 2015, 16:59

Former CBDT chairman K V Chowdary has been given a three-month extension as the advisor to the Special Investigation Team (SIT) on black money.

Black money: SIT holds full review meeting of cases

Last Updated: Thursday, April 30, 2015, 22:30

The Special Investigation Team (SIT) on black money Thursday held a full meeting to review the work and progress made by various investigative and enforcement agencies by the closure of the last financial year on March 31.

Black money: SC asks SIT to submit status report by May 12

Last Updated: Tuesday, April 21, 2015, 17:48

The Supreme Court has asked the Special Investigation Team (SIT) on black money to submit a status report of its investigation in the money laundering case by May 12.

Black money: SIT reviews work of probe agencies

Last Updated: Wednesday, April 8, 2015, 21:59

The Special Investigation Team (SIT) on black money Wednesday reviewed the work done by various agencies in connection with their respective probes in tax evasion, duty theft and money laundering cases.

Black money: SIT to file fresh status report in SC

Last Updated: Sunday, April 5, 2015, 14:07

"The SIT may file a fresh status report within the first fortnight of this month in the Supreme Court. Subsequently, the report will also be given to the government," the sources privy to the development said.

Black money: SIT asks CBI, ED for better coordination

Last Updated: Monday, March 16, 2015, 21:31

The Supreme Court-appointed Special Investigation Team (SIT) has asked CBI, Enforcement Directorate and other agencies for better coordination to ensure speedy completion of black money-related cases including the Saradha chitfund scam.