1,195 Indians holding account in Swiss bank: Report

Last Updated: Monday, February 9, 2015, 09:32

The government has recently initiated tax evasion prosecution proceedings as part of its crackdown on black money accounts.

Tax evasion cases: Court reserves order on Burman plea seeking stay

Last Updated: Wednesday, February 4, 2015, 20:48

A court here Wednesday reserved its order on a plea by Dabur India promoter Pradip Burman seeking stay on the proceedings in two alleged tax evasion cases in which he has been made an accused.

Sebi bars Amazan Agro from mobilising funds via securities

Last Updated: Wednesday, February 4, 2015, 19:42

Cracking the whip on illegal money pooling activity, Sebi on Wednesday restrained Kolkata-based Amazan Agro Products and its directors from raising funds and also barred them from capital markets, till further orders.

Black money case: Court summons Moin Qureshi, staff as accused

Last Updated: Friday, January 30, 2015, 19:17

Controversial businessman Moin Ahmed Qureshi was on Friday summoned as accused by a Delhi court in a black money case filed by the Income Tax Department for allegedly not disclosing his income of nearly Rs 20 crore.

Sebi bars Micro Finance Ltd from raising funds via securities

Last Updated: Wednesday, January 14, 2015, 18:44

Cracking the whip on illegal money pooling activity, Sebi on Wednesday restrained Odisha-based Micro Finance, its directors and promoters from raising funds and barred them from the capital markets.

Government will take steps on black money after June: Swamy

Last Updated: Saturday, January 10, 2015, 18:27

Explaining why the Centre was going slow, he said that a lot of people, including prominent figures, would be hurt in the process.

Sebi bars 260 entities; suspects money laundering, tax evasion

Last Updated: Friday, December 19, 2014, 22:36

The action comes at a time when the government has sharpened its focus on unearthing black money stashed abroad and within the country.

Govt taking concrete steps to bring back black money: Naidu

Last Updated: Friday, December 19, 2014, 19:12

The government is taking "concrete steps" to bring back black money stashed abroad, Union Minister M Venkaiah Naidu said today and asked people to be "patient" for the outcome.

2 sent to 14 days` judicial custody in illegal money transfer case

Last Updated: Wednesday, November 27, 2013, 23:58

Two persons arrested from Karnataka on the basis of statement given by the woman kingpin of an illegal money transaction network being run here under the guidance of Pakistani agencies were today remanded to 14 days` judicial custody by a district court.

Odisha: Executives held for illegal money transfers

Last Updated: Saturday, August 4, 2012, 11:38

Four senior officials of a private financial management company have been arrested for their involvement in illegal money circulation in the state.

Govt to tighten noose on corrupt babus

Last Updated: Wednesday, February 29, 2012, 09:27

Corrupt public officials beware! Government officials found taking bribes might have to face 10 years of rigorous imprisonment, while big spenders would have to voluntarily report high-value transactions; as per the recommendations of a panel on black money.

UP polls: Huge unaccounted cash recovered

Last Updated: Monday, January 9, 2012, 20:57

Huge amount of unaccounted cash was recovered on Monday in poll-bound Uttar Pradesh during a drive, launched at the behest of the Election Commission.