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  To check black money flow, Cabinet approves Benami Transactions Bill

  July 21, 2016 7:57 IST

  New Delhi: Stepping up its effort to curb domestic black money, the Union Cabinet on Wednesday approved the Benami Transactions (Prohibition) Amendment Bill with the hope of introducing them in the ongoing monsoon session of

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  Around Rs 44,000 cr black money recovered under two years of Modi rule

  July 19, 2016 20:07 IST

  New Delhi: The Narendra Modi government has detected undisclosed income of Rs 43,829 crore, both from domestic and foreign sourcesin the last two financial years, Parliament was informed on Tuesday. "The amount received under the

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  Black money scheme: Govt allows payment of tax and penalty in instalments in revised timeline

  July 14, 2016 21:48 IST

  New Delhi: The government on Thursday launched an ‘EMI scheme’ over an extended period for the payment of tax and penalty for the black money disclosed under the one-time compliance scheme. The government has

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  SIT recommends banning cash transactions of above Rs3 lakh to curb blackmoney

  July 14, 2016 19:32 IST

  New Delhi: The Special Investigation Team (SIT) on blackmoney has recommended ban on cash transactions of above Rs 3 lakh and restricting cash holding with individuals to not more than Rs 15 lakh to curb

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  Govt moves to identify black money holders, to scrutinise transactions, trading in low-value stocks

  July 08, 2016 17:33 IST

  New Delhi: In a move aimed at identifying potential black money holders, the government is now looking to put a lens on high-value transactions to identify those who can come clean by availing the government’s four-month compliance window ending Sept

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  Government may extend tax payment deadline for black money holders, to allow EMIs

  July 08, 2016 12:50 IST

  New Delhi: The government is considering an extension of the deadline for declaration of black money and also has accepted the industry request for tax being paid in instalments. A meeting held late last month

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  Black money compliance window not to be extended beyond September 30: Arun Jaitley

  June 28, 2016 23:25 IST

  Arun Jaitley today said that there will be no extension in the four-month-long compliance window provided to domestic black money holders to come clean by paying taxes or penalties.

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  Black money: Govt unearths Rs 13,000 crore hidden in foreign bank accounts

  June 27, 2016 11:25 IST

  This is the highest disclosure ever from offshore bank accounts and has raised a tax demand of Rs 5,377 crore against such account holders till March 31, 2016.

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  Black Money: Automated Information Exchange with Switzerland seen By 2018

  June 16, 2016 7:13 IST

  New Delhi: Seeking to enhance cooperation to fight the black money menace, India and Switzerland on Wednesday said a team would soon visit the Alpine nation to expedite pending information requests on Indians with Swiss

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  Dissatisfied with Modi government on black money issue: Baba Ramdev

  India | June 12, 2016 18:35 IST

  Yoga guru Ramdev today voiced dissatisfaction with the scale of efforts being made by the Centre to bring back the black money

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  With Swiss backing to India’s NSG bid, PM Modi leaves for USA

  World | June 06, 2016 16:26 IST

  Geneva: Toiling hard to make it to the elite 48-member nuclear trading nations' club called Nuclear Suppliers Group (NSG), India today got the backing of Switzerland ahead of the group's crucial meeting. Swiss President Johann

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  With blackmoney and NSG in mind, PM Modi meets Swiss President

  World | June 06, 2016 12:55 IST

  Geneva: After crossing Afghanistan and Qatar off his list, Prime Minister Narendra Modi arrived in Geneva on Monday on the third leg of his five-nation tour during which he will hold talks with Swiss President

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  Black money in India fading out; still higher than Thailand, Argentina's GDP

  June 05, 2016 18:50 IST

  New Delhi: Pegging India’s ‘black economy’ at over Rs 30 lakh crore or about 20% of total GDP, a new study says it has been contracting gradually over the years but still remains bigger than

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  PM Modi to embark on 5-nation trip tomorrow; blackmoney, NSG membership on top of the agenda

  Politics | June 03, 2016 22:16 IST

  New Delhi: Prime Minister Narendra Modi sets off tomorrow on a five-nation visit to Afghanistan, Qatar, Switzerland, the US and Mexico during which the focus will be to broaden bilateral trade, energy and security cooperation

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  To deliver on black money promise, PM Modi may visit Switzerland

  Politics | May 29, 2016 11:05 IST

  New Delhi: To deliver on his promise of bringing back black money to India, Prime Minsiter Narendra Modi may make a stopover in Switzerland on his way to the US next month to discusss the

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  All-out efforts on to unearth black money: Arun Jaitley at India TV Samvaad

  Politics | May 16, 2016 21:06 IST

  Finance Minister Arun Jaitley today said that the government is making ‘all-out efforts’ to unearth black money stashed away in offshore accounts.

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  Speed up efforts to bring back offshore black money: Swami Ramdev tells govt at India TV Samvaad

  May 16, 2016 20:46 IST

  New Delhi: Yoga guru Swami Ramdev has called on the Centre to speed up efforts to bring back black -money stashed in offshore accounts. "There is much frustration among people over the issue of black

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  Modi Govt unearths Rs. 71,000 cr of undisclosed income in 2 years

  May 11, 2016 10:14 IST

  New Delhi: Government has unearthed evasion of about Rs 50,000 crore of indirect taxes and undisclosed income of Rs 21,000 crore in the past two years, according to the Finance Ministry. “The present Government has

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  Over Rs 70K cr in indirect tax evasion, undisclosed income unearthed in two years, govt claims

  May 10, 2016 16:21 IST

  The crackdown on black money by authorities has resulted in the unearthing of as much as Rs 50,000 crore in indirect tax evasion and another Rs 21,000 crore in undisclosed income in the last two years, the government has said in a statement.

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  No official estimate of black money: Govt

  May 03, 2016 23:44 IST

  New Delhi: There is no official estimation of amount of black money that has been sent to foreign countries by India persons, government today said. "Determination of black money sent to foreign countries by