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.

RTGS facility will not operate on 2nd, 4th Saturdays: RBI

Last Updated: Tuesday, September 1, 2015, 18:45

The RTGS system, which allows real time transfer of large funds, will not be operated on second and fourth Saturdays with banks observing public holiday on that days, the Reserve Bank said Tuesday.

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.

Ease of doing biz: Cos bat for single-window clearance

Last Updated: Monday, August 31, 2015, 23:10

Top companies, including Tata Steel, Hindustan Unilever, ONGC and industry chambers have called for a single window clearance, simplification of regulatory mechanisms and tax structures, among others, to improve ease of doing business in India.

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.

Black money window: More disclosures likely towards Sept-end

Last Updated: Wednesday, August 26, 2015, 22:58

The government expects the number of disclosures about unaccounted overseas wealth under the black money window to go up in the last few weeks of the compliance period, which ends on September 30.

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.

Parl panel for single-window redressal to all investor problems

Last Updated: Sunday, August 2, 2015, 15:36

To ensure a single-window clearance system for resolving all investor problems, a Parliamentary panel has suggested bringing the grievance redressal mechanism under the proposed IEPF Authority.

RBI asks public to refrain from writing on banknotes

Last Updated: Thursday, July 16, 2015, 16:05

Reserve Bank on Thursday asked the public not to write on the watermark window of banknotes as it bears an important security feature which differentiates it from a fake note.

'Compliance window not revenue mobilisation measure'

Last Updated: Sunday, July 5, 2015, 14:42

The one-time compliance window provided to undisclosed foreign asset holders to come clean under the black money law is not a revenue mobilisation exercise, Revenue Secretary Shaktikanta Das has said.

Compliance window last chance to come clean on black money: Govt

Last Updated: Saturday, July 4, 2015, 21:01

Terming the rules for the new black money law "simple and clear", Finance Ministry on Saturday said the ongoing compliance window will be the last chance to come clean on undisclosed foreign assets.