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: Now, rich Godmen under SIT scanner

Last Updated: Thursday, August 27, 2015, 11:26

The SIT on black money will closely monitor the source of wealth and its utilization by the Indian Godmen.

Black money fight: SEBI, Govt to update SIT on safeguards

Last Updated: Monday, August 24, 2015, 23:59

Asked to tighten its noose on tax evaders and black money launderers in stock markets, regulator SEBI will consult the government on all necessary steps, including on P-Notes, and update the Supreme Court-appointed Special Investigation Team about the safeguards.

Fight against black money: Sebi to discuss P-Notes issue

Last Updated: Sunday, August 23, 2015, 14:56

The Special Investigation Team on Black Money had suggested that Sebi needs to further strengthen its monitoring mechanism to detect instances of the stock market platform being misused for tax evasion.

Sebi board to discuss SIT suggestions on black money fight

Last Updated: Friday, August 7, 2015, 15:11

As it continues its fight against suspected illicit funds being routed through stock markets, Sebi has initiated an internal study of suggestions made by the Supreme Court-appointed SIT on black money and the matter would be discussed by the regulator's board later this month.

Govt to hold consultations on P-notes, no decision yet: Revenue Secretary

Last Updated: Monday, July 27, 2015, 11:09

The Supreme Court-appointed SIT on black money last week recommended a host of measures, including suggesting the securities regulator SEBI to tighten norms related to participatory notes investments into India.

SIT suggests host of tough measures to check black money

Last Updated: Friday, July 24, 2015, 23:29

Seeking a tight rein on black money, the Supreme Court-appointed SIT Friday recommended enacting tough laws to curb betting in cricket, bring donations to education and religious bodies under tax net, monitoring unusual rise in stock prices and regulating P-Notes.

SIT asks SEBI to clamp down on tax evaders, P-Note misuse

Last Updated: Friday, July 24, 2015, 22:25

Concerned over flow of black money into stock market, the Supreme Court-appointed SIT today asked regulator SEBI to compulsorily identify real owners of foreign funds coming through the controversial P-Note route and also prosecute those using equities for tax evasion.

Black money: SIT for donations to colleges, charities through cheque

Last Updated: Friday, July 24, 2015, 22:24

The SIT on black money has suggested measures to ensure donations by cheques to prevent black money generation in education sector, religious bodies and charities, and sought prosecution of those donating and accepting unaccounted money under anti-corruption law.

Black money: Curb betting in cricket, check donations, says SIT

Last Updated: Friday, July 24, 2015, 18:50

To check the black money menace, SIT Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.

Black money: Swamy moves SC seeking permission to assist SIT

Last Updated: Wednesday, May 13, 2015, 00:15

The Supreme Court Wednesday sought a response from the Special Investigation Team (SIT) on a plea of BJP leader Subramanian Swamy seeking permission to assist the panel in unearthing and bringing back black money from tax havens.