High priority given to probe black money cases: ED

Last Updated: Friday, May 1, 2015, 14:46

ED has surpassed previous records and attached assets worth over Rs 9,000 crore in the last financial year for hawala and money laundering crimes.

Black money Bill to be taken up in Parliament next week: FM

Last Updated: Friday, May 1, 2015, 13:07

Jaitley said the government has been taken steps to unearth black money stashed abroad.

Black money: I-T department files 121 cases against HSBC account holders

Last Updated: Thursday, April 30, 2015, 18:10

The Income Tax department has slapped 121 cases for prosecution of those entities whose names have appeared in the HSBC Geneva bank list even as undisclosed income to the tune of Rs 4,800 crore has been brought under tax net in these cases at the end of the last fiscal.

New law to enable confiscation of benami properties: Sinha

Last Updated: Tuesday, April 28, 2015, 15:46

Seeking to curb generation of black money, the government on Tuesday said it will come out with a new law that will provide for confiscation of benami properties and prosecution of offenders.

Black money: FIU begins tracking overseas money transfer

Last Updated: Tuesday, April 28, 2015, 15:45

Financial Intelligence Unit has begun tapping information on all suspicious cross-border fund transfers made from India to offshore destinations.

Sebi ups crackdown on money-pooling frauds; 92 firms face axe

Last Updated: Sunday, April 19, 2015, 12:24

Sebi's crackdown on illegal money pooling activities seems to be gaining momentum as the regulator has taken strict action against 92 firms so far in 2015 for fraudulently raising over Rs 2,000 crore from public.

FM promises reasonable compliance window under black money law

Last Updated: Monday, April 6, 2015, 13:12

The government had introduced the stringent Bill in the Lok Sabha to deal with the menace of black money stashed abroad.

Sebi restrains ERIL Mutual Benefit from raising funds

Last Updated: Friday, March 27, 2015, 17:52

According to Sebi's findings, the Jharkhand-based firm allegedly raised funds from over 500 investors through issue of equity shares.

Black money: India offers cash reward to HSBC whistleblower

Last Updated: Monday, March 23, 2015, 17:30

As per rules, up to 30 percent of the tax amount realised could be offered to whistleblowers who provide specific information on illegal funds.

Black money Bill likely to be tabled in Lok Sabha tomorrow

Last Updated: Thursday, March 19, 2015, 14:13

The government is likely to table in the Lok Sabha tomorrow a Bill to make non-disclosure of overseas income and assets a predicate offence that will attract punitive action including upto a 10-year jail term.

Budget provisions to check blackmoney much needed: SIT

Last Updated: Sunday, March 1, 2015, 16:36

The Special Investigation Team (SIT) on black money has welcomed the announcements made in the Budget to tackle menace of illegal funds and similar assets stashed abroad even as it cautioned that good results in this direction would come only after new laws and measures are implemented in a proper manner.

Maran tele exchange case: 3 accused move HC for bail

Last Updated: Friday, February 20, 2015, 20:56

Three persons arrested by CBI in connection with the illegal telephone exchange case against former Telecom Minister Dayanidhi Maran on Friday moved the Madras High Court seeking bail.