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  Govt to allow voluntary disclosure of black money?

  February 28, 2015 15:22 IST

  New Delhi: The Narendra Modi government may start a voluntary disclosure of income scheme (VDIS) where individuals and corporates will be allowed to disclose wealth earned through tax avoidance and without being penalised made to

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  Union Budget 2015 may see policy measures to tackle black money

  February 25, 2015 22:46 IST

  New Delhi: In run up to the general elections last year, BJP leaders including Prime Minister Narendra Modi promised to bring back the black money stashed abroad. They promised the money would bring down the

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  Expectations of middle class from Union Budget 2015

  February 27, 2015 13:51 IST

  New Delhi: Finance Minister Arun Jaitley will present his first full-year budget for 2015-16 on February 28. Everyone, including middle class and low-income group, who voted for the Narendra Modi-led NDA government, expect a lot

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  Economy, black money, land bill: Key takeaways from President's speech

  Politics | February 23, 2015 18:40 IST

  New Delhi: President Pranab Mukherjee on Monday painted a rosy picture of the Indian economy in his annual address to the joint session of both houses of Parliament saying GDP is growing at 7.4% and

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  Budget 2015: FM may announce important policy plans to combat blackmoney

  February 25, 2015 16:43 IST

  New Delhi: Finance Minister Arun Jaitley is likely to announce policy initiatives on some of the key recommendations made by the Special Investigation Team (SIT) on black money to combat the menace of illicit funds,

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  Modi govt committed to effectively deal with black money: President

  Politics | February 23, 2015 13:36 IST

  New Delhi: The government is committed to take all possible measures to stop generation of black money by putting in place legislative and administrative frameworks, President Pranab Mukherjee said today.Addressing the joint sitting of Parliament,

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  Black money: Swamy and Jethmalani unhappy with govt's approach

  Politics | February 20, 2015 15:03 IST

  New Delhi: Experts and activists have expressed dissatisfaction over government's slow approach towards getting back black money to India.BJP leader Subramanian Swamy said he was still optimistic that the Modi government would succeed in bringing

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  Black money: SIT brings new intelligence agency on board

  India | February 15, 2015 16:32 IST

  New Delhi: In order to speed up its probe into cases of illegal funds stashed abroad, the SIT on black money has roped in one more economic intelligence agency— CEIB—as the main “coordinating body” between

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  Automatic information exchange with India latest by 2018: Swiss government

  India | February 15, 2015 16:30 IST

  Berne/New Delhi: In its fight against black money menace, India will have to wait till 2018 for Switzerland to provide bank account details of Indians under the 'automatic information exchange' framework.Under a global framework, more

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  I-T dept to focus on prosecuting willful tax evaders

  India | February 13, 2015 7:49 IST

  New Delhi: The  Income Tax Department has shifted its focus from revenue augmentation to prosecution of willful tax evaders.Central Board of Direct Taxes (CBDT) on Thursday confirmed that the I-T Department has started focusing on

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  Black money: Income Tax shifts focus to criminal consequences

  India | February 12, 2015 14:50 IST

  New Delhi: At a time when unaccounted wealth of Indians stashed away in foreign banks is under focus, the income tax department has shifted its attention from civil consequences to criminal consequences in serious cases

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  HSBC could face US legal action over Swiss branch

  World | February 11, 2015 19:10 IST

  London: HSBC may face investigation by US authorities and an inquiry by British lawmakers after admitting failings by its Swiss branch that may have allowed some customers to dodge taxes.US prosecutors have stepped up efforts

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  Government to recover Rs 10,000 crore from Swiss bank accounts: SIT

  India | February 10, 2015 12:31 IST

  New Delhi: After recovery of around Rs 3500 crore from tax evaders who held Swiss bank accounts, the Supreme Court appointed Special Investigation Team (SIT), is expecting I-T department to recover another Rs 6500 crore.

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  Black money case: Probe new names too, says SIT Chairperson

  India | February 10, 2015 10:00 IST

  New Delhi: The Special Investigation Team (SIT) on black money decided to widen its probe as new names of Indians with Swiss bank accounts have come up. But they made it clear that legal action

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  Good news soon on black money issue: Prakash Javadekar

  Politics | February 09, 2015 20:35 IST

  Bengaluru: Union minister Prakash Javadekar today said people are in for good news in days to come as the names of those who have stashed black money in foreign banks will be made public as

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  List of 100 Indian who hold accounts in Swiss Bank

  India | February 09, 2015 17:30 IST

  New Delhi: The black money commotion gained momentum, on Monday, when names of 100 Indians who hold accounts in Swiss bank were revealed by The Indian Express.The money worth Rs 25,420 crore is stashed in

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  Black money: SIT to discuss new names; review old ones today

  India | February 09, 2015 12:06 IST

  New Delhi: The Special Investigation Team (SIT) on black money will hold a meeting today to discuss status of cases of Indians found to have been holding illegal accounts abroad and disclosures made by an

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  Black money: Government likely to disclose 60 names

  February 09, 2015 7:49 IST

  New Delhi: The government is expected to disclose the names of close to 60 Indians and entities as it has recently initiated tax evasion prosecution proceedings against them as part of its crackdown on black

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  Black money: Cooperating intensely with India, says Swiss government

  India | February 08, 2015 15:43 IST

  Berne/New Delhi: Under pressure to act on black money front, Switzerland has said it is intensely pursuing cooperation with India, even as the bilateral ties remain "tense" over its refusal to share bank account details

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  Enforcement Directorate targets British Virgin Islands in hunt for Black Money

  India | January 31, 2015 9:23 IST

  New Delhi: The Enforcement Directorate (ED) in the hunt for the black money moved away from Switzerland and Liechtenstein to the Caribbean tax haven British Virgin Islands (BVI) of where ten individuals holding shares of