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  Rs 67,382 cr unaccounted money disclosed under IDS scheme so far: Finance Ministry

  December 05, 2016 8:15 IST

  The government on Sunday revised upwards the amount of black money disclosed under Income Declaration Scheme (IDS) to Rs 67,382 crore, even as it did not take into account two high-value disclosures.

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  'Money not mine', says Gujarati bizman who declared Rs 13,860 cr

  December 04, 2016 7:32 IST

  Mahesh Shah, who came under the microscope of the Income Declaration Scheme (IDS) post a surprising disclosure Rs 13,860 crore in unaccounted wealth, seems to have taken a U-turn as he today said he was

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  Ahmedabad businessman who declared Rs 13,000 crore unaccounted income fails to pay tax

  December 02, 2016 16:22 IST

  In a one of its kind case regarding unaccounted income, the Income Tax (I-T) department has under its scanner a businessman based out of Ahmedabad, who had voluntarily declared Rs 13,000 crore worth income.

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  ‘Those converting black money into white will not be spared’, warns government

  Politics | December 02, 2016 11:53 IST

  Finance ministry today said those indulging in money laundering activities and converting their ill-gotten money into white will not be spared as law-enforcement agencies are already chasing such trails.

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  Large cash volumes source of corruption, says PM Modi; urges people to go cashless

  Politics | December 02, 2016 11:39 IST

  Prime Minister Narendra Modi today appealed to the people to "lead the change" towards cashless transactions to lay strong foundations of an India where there is no place for such malaise.

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  Congress’ allegation on hacking baseless, shows its mental bankruptcy: BJP

  Politics | December 01, 2016 18:57 IST

  The Bharatiya Janata Party (BJP) today hit back at the Congress for pointing fingers at it and its supporters over hacking of verified Twitter accounts of the grand old party and its vice-president Rahul Gandhi.

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  Swiss initiates process for Automatic Exchange of Information on black money with India

  World | December 01, 2016 16:36 IST

  Switzerland government on Thursday initiated its statutory consultation process for bringing into force Automatic Exchange of Information (AEOI) on tax matters with India

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  Demonetisation might turn out to be a ‘shock’ for the government. Know Why

  December 01, 2016 15:27 IST

  Various estimates have been made of the quantum of such money — which is not expected to be deposited in banks — that range from Rs 3 lakh crore to Rs 5 lakh crore.

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  Opposition disrupts Parliament, seeks PM’s apology for projecting them as black money ‘supporters’

  Politics | December 01, 2016 13:46 IST

  The Rajya Sabha was adjourned briefly today following an uproar shortly after Prime Minister Narendra Modi entered the House.

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  Kejriwal distorting facts on changes to I-T Act, says Arun Jaitley; slams Delhi CM for making ‘factually incorrect’ statements

  Politics | November 30, 2016 18:13 IST

  Finance Minister Arun Jaitley today slammed Delhi Chief Minister Arvind Kejriwal for making ‘factually incorrect’ statements on the changes in the Income Tax Act.

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  No use of black money in Indian film industry, claims Rajyavardhan Rathore

  November 28, 2016 17:04 IST

  Defying the existing notion regarding the Hindi film industry, Union Minister of State for Information and Broadcasting Rajyavardhan Rathore today said that contrary to black money being pumped into the film industry in yesteryears, there

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  Banned notes worth Rs 40 crore deposited in Delhi bank, officials under I-T scanner

  November 28, 2016 14:20 IST

  Income Tax department has found that around Rs 40 crore was deposited in scrapped 500 and 1000-rupee notes at the Kashmere Gate branch of Axis Bank in New Delhi.

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  Only those hiding black money were against demonetisation: BJP

  Politics | November 28, 2016 10:47 IST

  The Puducherry unit of Bharatiya Janata party (BJP) today said those who were hoarding black money and evading income tax alone raised the banner of revolt against the Centre' move to combat corruption and fake currency, through demonetisation.

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  Don't use bank accounts of poor people to convert black money into white, PM Modi warns

  Politics | November 27, 2016 13:27 IST

  Prime Minister Narendra Modi on Sunday warned people who he said were using the poor to bring back black money into the system and made it clear the guilty will be punished.

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  No proposal to limit domestic gold holdings: Sources

  November 25, 2016 21:01 IST

  In further crackdown on black money, the Narendra Modi government may consider imposing curbs on domestic holdings of gold, according to finance ministry sources. However, when a finance ministry spokesman was asked about the same,

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  ‘Build cashless future’: Reduce use of currency, go digital, says Jaitley

  November 25, 2016 16:27 IST

  With an aim to weed out black money and corruption from public life, the government on Friday said in Lok Sabha that it wanted a reduction in the use of physical currency in the economy,

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  Demonetisation: Taking bribe is a 'necessity', says engineer with 'black money' stash

  India | November 23, 2016 15:56 IST

  Prime Minister Narendra Modi’s ‘demonetisation’ move has shocked a number of corrupt government officials who had stashed ‘black money’ in their homes and other places.

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  AAP using DTC to convert black money into white, alleges BJP

  Politics | November 22, 2016 19:02 IST

  The Delhi unit of the Bharatiya Janata Party has accused the ruling Aam Aadmi Party (AAP) of misusing the state government controlled Delhi Transport Corporation (DTC) to convert the now scrapped high-denomination currency notes into legal tender.

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  Switzerland to share information on Indian bank account holders

  November 22, 2016 19:18 IST

  India and Switzerland have signed a ‘Joint Declaration’ for implementation of Automatic Exchange of Information between the two countries.

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  Demonetisation just the beginning of fight against black money: PM Modi

  Politics | November 22, 2016 19:12 IST

  Prime Minister Narendra Modi today strongly defended the government’s decision to demonetise high-value currency notes, saying this was ‘just the beginning’ of the government’s fight against black money.