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.

When illness is dangerous, injection is required: PM Modi on black money

Last Updated: Saturday, August 15, 2015, 08:56

Prime Minister Narendra Modi on Saturday said that stringent provisions on black money law will not be diluted despite pressure from all counters.

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: Mauritius takes fresh steps to address round-tripping concerns

Last Updated: Sunday, August 9, 2015, 15:34

As a revision to the Indo-Mauritius tax treaty hangs in balance, the financial sector watchdog of the island nation has said its fresh conditions for grant of tax residency certificates will help address India's concerns on suspected round tripping of funds.

Mutual funds gather Rs 2 lakh crore in Apr-Jul FY'15

Last Updated: Sunday, August 9, 2015, 14:26

Investors have pumped in over Rs 2 lakh crore into various mutual fund schemes in the first four months of the current financial year, 2015-16, with equity and money markets contributing the most.

EPFO money in equities is long-term investment: Dattatreya

Last Updated: Saturday, August 8, 2015, 22:03

The state-run pension fund's Central Board of Trustees (CBT) would be asked to speed up the investment process, Union Minister of State for Labour Bandaru Dattatreya said here.

Shine in Modi govt wearing off; black money law vengeful: Rahul Bajaj

Last Updated: Friday, August 7, 2015, 23:23

Bajaj, who has been an ardent admirer of Prime Minister Narendra Modi in the past, said the government was creating roadblocks for itself in many of its initiatives, including in terms of ease of doing business.

Sebi board to discuss SIT suggestions on black money fight

Last Updated: Friday, August 7, 2015, 15:11

As it continues its fight against suspected illicit funds being routed through stock markets, Sebi has initiated an internal study of suggestions made by the Supreme Court-appointed SIT on black money and the matter would be discussed by the regulator's board later this month.