Govt assures 'full confidentiality' under black money window

Last Updated: Monday, August 10, 2015, 20:33

This is in contrast to the Das' statement last week, where he had said that the information provided during the one-time compliance window can be revealed in the public interest.

Black money: Names can be revealed in public interest, says govt

Last Updated: Tuesday, August 4, 2015, 22:07

Holding out no assurance of an absolute confidentiality to those disclosing foreign assets on their own, the government Tuesday said details of information provided during the one-time compliance window can be revealed in the public interest.

Govt taking effective steps to tackle black money: Sinha

Last Updated: Thursday, July 30, 2015, 19:43

The government on Thursday said it's taking effective steps to deal with black money and will focus on high-impact cases with a view to prosecuting offenders expeditiously for credible deterrence against tax evasion.

Foreign airlines under scanner for alleged Service Tax evasion

Last Updated: Sunday, July 26, 2015, 12:40

Six foreign airlines have come under the lens of revenue authorities here for alleged underpayment of Service Tax believed to be worth several crores.

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: Sebi must have monitoring mechanism to study rise of stocks, says SIT

Last Updated: Friday, July 24, 2015, 16:38

Submitting its recommendations on black money in its third report, the SIT said that Sebi India must study P-note misuse for money laundering.

Sebi busts billion-dollar 'tax evasion shops' in stock market

Last Updated: Wednesday, July 22, 2015, 19:57

Suspecting tax evasion of at least Rs 5,000-6,000 crore, regulator Sebi has clamped down on a large number of organised syndicates who had set up 'shops' to convert black money into legitimate-looking funds through the stock market platform.

Court summons SpiceJet, Kalanithi Maran as accused in IT cases

Last Updated: Tuesday, July 21, 2015, 17:29

Budget carrier SpiceJet Ltd, its Chairman Kalanithi Maran and another top company official have been summoned as accused by a Delhi court in two tax evasion cases for their alleged failure to deposit over Rs 147 crore TDS with the Income Tax (IT) Department.

BSE wants exemption to go to check tax evasion through stocks

Last Updated: Friday, July 17, 2015, 12:37

To prevent money laundering and tax evasion through misuse of securities markets, leading stock exchange BSE has suggested removal of the long-term capital gains tax on transactions in stocks.

Black money: Declare overseas assets, will be difficult to hide, says govt

Last Updated: Thursday, July 9, 2015, 23:53

Armed with automatic information exchange pact with the US, government Thursday asked persons holding undisclosed offshore assets to declare them before September 30 as it would be difficult to hide unaccounted assets in future.

Info under FATCA confidential, to be used for tax purposes

Last Updated: Thursday, July 9, 2015, 22:34

The information shared under the FATCA, which India signed with the US Thursday, will be treated as confidential and will be used only for tax purposes.