Govt promises total confidentiality on black money declarations

Last Updated: Thursday, September 3, 2015, 20:04

The Finance Ministry issued 32 Frequently Asked Questions (FAQs) on the compliance window on July 6, and came out with the second set today.

Govt must build trust for compliance window success: Kidwai

Last Updated: Tuesday, September 1, 2015, 16:25

The government needs to assure against any "witch-hunt" to make the compliance window under the new black money law a success and it's a "pity" that the people do not believe its credibility, HSBC's India head Naina Lal Kidwai has said.

Black money: Swiss banks ask Indians to utilise 'compliance window'

Last Updated: Sunday, August 30, 2015, 18:04

Spooked by the new black money law, a number of Swiss and other European banks have begun asking Indian clients to disclose their accounts to the tax authorities back home as they fear being accused of 'abetting' the hoarding of untaxed assets.

Foreign assets of Rs 6,500 cr disclosed under compliance window: PM

Last Updated: Saturday, August 15, 2015, 10:40

Modi said several important steps including agreements with countries like the US for real time sharing of information on foreign assets have been taken.

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.

Black money: Compliance window not to apply if proceedings already on, says govt

Last Updated: Friday, July 3, 2015, 22:32

Indian government has received information regarding some its citizens having undisclosed foreign accounts in HSBC bank's Geneva branch and LGT Bank Liechtenstein.

Black money: Compliance window in the next 2-3 weeks

Last Updated: Thursday, May 14, 2015, 17:37

Under the new law, persons having unaccounted wealth will be given an opportunity through a compliance window to come clean by declaring their assets and pay penalty and tax of 60 percent.