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  Indians' money in Swiss banks falls, hits 2nd-lowest level in two decades

  Business | June 28, 2019 0:01 IST

  Money parked by Indian individuals and enterprises in Swiss banks, including through India-based branches, fell by nearly 6 per cent in 2018 to 955 million Swiss francs (about Rs 6,757 crore) to hit its second-lowest level in over two decades, Swiss National Bank data showed Thursday.

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  Centre must fulfill its promise to check black money: AAP MP

  Politics | June 25, 2019 23:21 IST

  Urging the Centre to take strict action against economic fugitives, Rajya Sabha MP Sanjay Singh on Tuesday said mere talking was not enough and that the government can not run away from its responsibility to check black money.

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  IT Dept issues notices in 380 cases of undisclosed foreign assets of Rs 12,260 cr

  India | June 24, 2019 23:16 IST

  In a written reply to a question in the Lok Sabha, Nirmala Sitharaman said prosecution has been launched in 68 cases.

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  Indians' unaccounted wealth abroad estimated at whooping $ 490 Billion: Report

  Business | June 24, 2019 17:41 IST

  Unaccounted wealth outside the country held by Indians was estimated in the range of USD 216.48 billion to USD 490 billion over various periods between 1980 and 2010, according to three separate studies conducted by three premier institutes -- NIPFP, NCAER and NIFM.  

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  Use of black money in polls comes under SIT scanner

  India | June 18, 2019 23:11 IST

  Supreme Court-appointed Special Investigation Team (SIT) vice chairman Justice Arijit Pasayat Tuesday suggested appropriate amendments in existing tax laws to curb the use of money power to win elections. 

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  SC to hear Centre's plea in black money case on Tuesday

  India | May 20, 2019 20:12 IST

  The Centre on Monday moved the Supreme Court challenging a Delhi High Court order, which has ruled that the black money law can't have a retrospective effect, that is, it cannot be applied prior to April 1, 2016, as fixed by Parliament.

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  Govt declines to share black money details received from Switzerland, cites confidentiality

  Business | May 17, 2019 18:59 IST

  Replying to an RTI query, the Finance Ministry said India and Switzerland share information on black money on a case to case basis as per the investigations being carried out.  

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  Electoral bonds: Govt effort to curb black money in polls futile if identity of donors not known, says SC

  India | April 11, 2019 21:31 IST

  The top court reserved verdict on the plea of an NGO which has challenged the validity of the scheme and has sought that either the issuance of electoral bonds be stayed or the names of donors be made public to ensure transparency in the poll process.

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  Electoral Bonds: Centre favours anonymity, but EC against

  Elections | April 10, 2019 17:12 IST

        Making its submission in this regard to the apex court, the Centre justified why anonymity is a positive step in countering the flow of black money in the system.  

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  Can't disclose black money reports as Parliamentary Panel examining them: Finance Ministry

  India | February 04, 2019 13:08 IST

  These estimates were based on various unverifiable assumptions and approximations, it had said.

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  Jaipur: ACB raids residence of IRS officer Sahi Ram Meena seizes Rs 2 crore cash

  News | January 27, 2019 12:49 IST

  Jaipur: ACB raids residence of IRS officer Sahi Ram Meena seizes Rs 2 crore cash other undisclosed property

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  Current laws ‘inadequate’ to tackle menace of black money, fake news threat to electoral process: CEC

  India | September 15, 2018 18:09 IST

  He also added that clean elections are like a “well spring of legitimacy” for the leadership and the people of the country and if this was contaminated by such issues, the common man becomes “cynical” about the entire system, which is an area of concern.

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  It appears that Kingfisher Airlines was owned not by Vijay Mallya but by the Gandhi family: Sambit

  Politics | September 13, 2018 13:30 IST

  "It appears through these chain of documents that Kingfisher Airlines was owned not by Vijay Mallya but by the Gandhi family," Sambit Patra said

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  'We want an answer from Rahul on the way he has used black money for his own personal use'

  Politics | September 13, 2018 13:08 IST

  We want an answer from Rahul Gandhi on the way he has used black money for his own personal use: Sambit Patra

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  India, Switzerland discuss bilateral ties, black money

  Business | August 10, 2018 22:37 IST

  According to a statement issued by the External Affairs Ministry, the two ministers took stock of the progress made in key areas of interest such as trade and investment, education, information technology and tourism.

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  Indian deposits in Swiss Bank down by 34.5 pc in the last year as compared to previous year: Goyal

  India | July 24, 2018 14:00 IST

  “Earlier data that claimed 50 per cent increase was misinterpreted,” said the finance minister in Rajya Sabha.

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  Wrong to assume all deposits in Swiss banks are 'tax evaded money': Arun Jaitley

  India | June 29, 2018 23:46 IST

  In a Facebook blog, Arun Jaitley pointed out that those who participate in a public discourse must understand basic facts before expressing an opinion which may be ill-informed.

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  Rahul Gandhi mocks PM Modi over ‘black money’ after 50% rise in Swiss bank deposits by Indians

  India | June 29, 2018 17:25 IST

  Rahul Gandhi reminded PM Modi that he had promised to bring back all illegal money stashed abroad and “deposit Rs 15 lakh in each Indian bank account”.

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  Will have info on black money from Switzerland by next year, guilty will be prosecuted: Piyush Goyal

  India | June 29, 2018 15:01 IST

  Money parked by Indians in Swiss banks rose over 50 per cent to CHF 1.01 billion (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India's clampdown on suspected black money stashed there

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  'Sitharaman new I-T Lawyer', Chidambaram hits back at Defence Minister

  Politics | May 13, 2018 20:03 IST

  "The buzz in Delhi is that Nirmala Sitharaman will be removed as Defence Minister and appointed as lawyer of the Income Tax Department. Welcome to the bar, Sitharaman," tweeted Chidmabaram, a senior lawyer himself.