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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.

Tax, penalty to be levied at market price under black money law

Last Updated: Friday, July 3, 2015, 18:35

Undisclosed overseas assets such as immovable property, jewellery, shares and art works will be valued at fair market price for the purpose of tax and penalty under the new black money law.

Govt notifies rules for asset valuation under black money law

Last Updated: Friday, July 3, 2015, 16:01

Government has notified the rules for calculating overseas income and assets under the stringent foreign black money law that came into force on July 1.

All I-T refunds to be put directly in bank accounts: CBDT

Last Updated: Tuesday, June 23, 2015, 16:35

The department is also planning to fully adopt and use banking services to end the current system of sending I-T refunds over the value of Rs 50,000 via cheques through the postal department.

Swiss accounts: Four new names public, but no Indian this time

Last Updated: Wednesday, May 27, 2015, 13:06

These included an American citizen, identified by the initials 'RK' and date of birth, Czech Republic-based H2 Medical, as also a Georgian and a Nigerian national.

Pradhan Mantri Suraksha Bima Yojana: Key facts

Last Updated: Saturday, May 9, 2015, 10:54

Pradhan Mantri Suraksha Bima Yojana will be available to people in age group 18 to 70 years with bank account.

FM Arun Jaitley to meet business chambers today on ITR forms

Last Updated: Friday, April 24, 2015, 04:57

Finance Minister Arun Jaitley is likely to meet business chambers on Friday to get their views on new income tax returns form, after the government faced flak over it seeking details on bank accounts and foreign travel.

RBI warns against fraudulent 'all bank balance enquiry app'

Last Updated: Saturday, April 11, 2015, 17:58

Cautioning public against a fraudulent bank account mobile app in its name, the Reserve Bank on Saturday said it has not developed any such application.

Xpress Money launches new sevice to remit funds

Last Updated: Thursday, March 19, 2015, 19:43

Money transfer operator Xpress Money Thursday launched a new service to help consumers send money directly to any bank account in the country.

Client confidentiality will not disappear, assert Swiss banks

Last Updated: Thursday, March 19, 2015, 18:08

India is expected to start getting information under this regime from Switzerland, about bank account and other details of Indians, from 2018.

Black money: HSBC bosses say sorry for 'unacceptable' practices

Last Updated: Thursday, February 26, 2015, 09:29

HSBC bosses on Wednesday apologised for "unacceptable" failings at the banking giant's Swiss division when they were grilled by British MPs over allegations it had helped rich clients dodge taxes.

Hotel Leela gets stay against NDMC move

Last Updated: Saturday, February 14, 2015, 23:18

Hotel Leela Palace has secured a stay order from the Delhi High Court against New Delhi Municipal Council's move of attaching its bank account for not clearing property tax dues.