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.

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.

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.

FinMin to hold talkathon on new black money law Tuesday

Last Updated: Monday, August 3, 2015, 22:20

Finance Ministry will hold a talkathon on the new black money law Tuesday during which Revenue Secretary Shaktikanta Das and CBDT Chairperson Anita Kapur will respond to the queries regarding the legislation.

Black money: Cooperating with Indian authorities on Swiss a/c probe, says HSBC

Last Updated: Monday, August 3, 2015, 16:27

Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC Monday said it is cooperating with the authorities.

Black money abroad declaration form can be filed online

Last Updated: Saturday, August 1, 2015, 00:33

The government has notified the form for declaring income and assets abroad as well rules for their calculation under the Undisclosed Foreign Income and Assets Bill and these can also be filed online, parliament was told on Friday.

Govt detects Rs 1,761.09 crore undisclosed income till June

Last Updated: Friday, July 31, 2015, 19:00

The government has detected an undisclosed income of Rs 1,761.09 crore while it seized Rs 75.37 crore in a total of 41 searches till June this fiscal, Parliament was informed Friday.

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.

Sebi gets 100 alerts a day; strong surveillance in place: Sinha

Last Updated: Wednesday, July 29, 2015, 19:42

Amid concerns over misuse of stock markets for laundering of black money, including through P-Notes, regulator Sebi has said it has a strong surveillance system that generates over 100 alerts a day and all cases of manipulation are being dealt with sternly.