Govt won't go soft on pursuit of black money: Arun Jaitley

Last Updated: Wednesday, September 9, 2015, 13:06

Refusing to relent on the pursuit of black money, Finance Minister Arun Jaitley on Wednesday said the government will not "go soft" on bringing unaccounted wealth back into the formal system.

Swiss govt discloses new name in India's black money probe

Last Updated: Tuesday, September 8, 2015, 19:48

In a fresh disclosure on suspected black money cases being probed by tax authorities in India, Switzerland on Tuesday said it has received request for information about Indore-based textiles firm Neo Corp International Ltd.

Black money: Upto Rs 15 lakh award for info against defaulters

Last Updated: Sunday, September 6, 2015, 14:49

The new guidelines have been issued by the CBDT keeping in mind the huge challenge of tackling black funds in the country and at the same time boosting the revenue kitty.

Blackmoney: Upto Rs 15 lakh award for info against defaulters

Last Updated: Sunday, September 6, 2015, 14:49

The new guidelines have been issued by the CBDT keeping in mind the huge challenge of tackling black funds in the country and at the same time boosting the revenue kitty.

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.

Swiss banks moving 'full speed' on automatic tax info exchange

Last Updated: Thursday, September 3, 2015, 18:50

Swiss banks are working at "full speed" to implement the automatic tax information exchange regime that will help India's efforts to crackdown on illegal wealth stashed by its citizens in Switzerland.

Black money: SC asks SIT to give progress report by Oct 7

Last Updated: Thursday, September 3, 2015, 18:20

The Supreme Court on Thursday asked the Special Investigation Team (SIT) on black money to submit the fourth report on the progress of its probe by October 7.

Outflow from developing nations a matter of concern: Sinha

Last Updated: Wednesday, September 2, 2015, 22:02

Expressing concerns over the outflow of funds from developing countries, including India, through money laundering and other ways, Minister of State for Finance Jayant Sinha Wednesday said as much as USD 300-600 billion moves out through such channels.

Fight against black money: Swiss to help on stolen data too

Last Updated: Wednesday, September 2, 2015, 20:22

In a move that may help India's fight against black money, Switzerland on Wednesday proposed amending its laws to share information with foreign countries probing tax crimes on the basis of 'stolen data', provided details have come from administrative channels or public sources.

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 in stock markets: SEBI to review surveillance systems, fast-track enforcements

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

SEBI has been asked by a Supreme Court appointed Special Investigation Team (SIT) on Black Money to take additional measures to catch those evading taxes and laundering black money through trading in illiquid stocks and P-Notes.

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.