SIT on blackmoney needs more hands

Last Updated: Thursday, February 12, 2015, 17:17

The Finance Ministry has asked eligible officers to apply to fill up vacancies in the Special Investigation Team (SIT) mandated to deal with blackmoney cases.

Black money: SIT widens probe as new names emerge

Last Updated: Monday, February 9, 2015, 18:44

The Special Investigation Team (SIT) on black money today decided to widen its probe as new names of Indians with Swiss bank accounts have come up but made it clear that legal action will be taken only after verifying facts.

We will verify names first before taking action: SIT

Last Updated: Monday, February 9, 2015, 16:35

The Special Investigation Team (SIT) Chairman M B Shah on Monday said that they will first verify names from their side and then take any legal action.

Govt, SIT widen black money probe as new HSBC list emerges

Last Updated: Monday, February 9, 2015, 16:28

The Supreme Court-appointed Special Investigation Team (SIT) today discussed the fresh list and felt that there could be 100 new names in it.

None in my family has foreign bank accounts: Narayan Rane

Last Updated: Monday, February 9, 2015, 15:12

Congress leader and former Maharashtra chief minister Narayan Rane Monday categorically denied that either he or any of his family members held accounts in any foreign bank.

Black money: SIT to discuss new names; review old ones today

Last Updated: Monday, February 9, 2015, 11:59

The Special Investigation Team (SIT) on black money will hold a meeting today to discuss status of cases of Indians found to have been holding illegal accounts abroad and disclosures made by an international private investigation.

NITI Aagyog to have specialised wings, including 'Team India'

Last Updated: Sunday, February 8, 2015, 19:04

It will suggest remedies to respective governments implementing schemes, policies and projects.

Govt mulling to broaden ambit of Predicate Offences: SIT to SC

Last Updated: Friday, January 23, 2015, 19:34

Government is mulling to broaden the definition of "Predicate Offences" on the lines of nations like Australia, Cananda and the US to bring the offence of tax evasion under its ambit, the Supreme Court has been informed.

Black money: SIT recommends jail term for tax evaders

Last Updated: Wednesday, January 21, 2015, 11:27

The SIT on black money has recommended that tax evaders should henceforth be prosecuted as against the practice of letting them off in lieu of penalty.

SIT on black money suggests a cap of Rs 15 L with individuals

Last Updated: Tuesday, January 20, 2015, 22:31

The Special Investigating Team (SIT) on black money has suggested to the Supreme Court that a ceiling of Rs 15 lakh be imposed on the maximum cash currency that an individual/entity is allowed to possess at a particular point of time to curb the menace.

CBI examines whole-time SEBI member in Saradha scam

Last Updated: Tuesday, January 13, 2015, 00:45

CBI on Monday examined a whole-time member of stock market regulator Securities and Exchange Board of India in connection with multi-crore Saradha Chit Fund Scam.

Govt renegotiating tax treaties to curb illicit wealth flows

Last Updated: Wednesday, December 17, 2014, 18:31

To check illicit financial flows across borders, the government is renegotiating bilateral treaties with many countries to limit tax benefits to genuine investments and curb the routing of Indian money to safe havens, a senior Finance Ministry official said on Wednesday.