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I-T Dept should unearth black money at home too: Arun Jaitley

I-T Dept should unearth black money at home too: Arun Jaitley

Last Updated: Monday, July 21, 2014, 19:01

As government makes effort to bring illicit money stashed abroad, Finance Minister Arun Jaitley Monday asked the I-T Department to focus its effort on unearthing 'quite large' black money within the country as well.

Black money: OECD unveils automatic info exchange framework

Black money: OECD unveils automatic info exchange framework

Last Updated: Monday, July 21, 2014, 18:27

In a major development in the fight against black money, multilateral grouping OECD Monday unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.

Rupee third on fake foreign currency list in Switzerland!

Last Updated: Sunday, July 20, 2014, 16:58

As a debate continues on alleged black money of Indians in Swiss banks, the authorities in Switzerland have come across a significant quantum of fake Indian rupee notes in their country- the third highest for any foreign currency after Euro and the US dollar.

Black money: Switzerland invites India for discussions

Last Updated: Sunday, July 20, 2014, 15:15

As India steps up pressure on Switzerland for details of alleged black money stashed there, Swiss authorities have invited Indian officials to Berne to discuss further cooperation in these matters.

Black Money: India making all efforts to get Swiss banks a/c holders' list

Last Updated: Friday, July 18, 2014, 17:34

Government on Friday said it was making all efforts to procure the list of illegal bank account holders in Switzerland and was collecting evidence in this regard.

Out of box solutions needed to tackle black money menace: Congress

Last Updated: Wednesday, July 16, 2014, 17:11

Congress on Wednesday sought to turn the tables in the Lok Sabha on BJP on the issue of black money, wondering as to why it was not taking action against a ruling party member from whose residence over Rs one crore in cash and gold and silver ornaments were found.

Black money: Over Rs 1 lakh cr illegal income detected

Last Updated: Wednesday, July 16, 2014, 16:51

Government has detected over Rs one lakh crore of undisclosed income in the last financial year, a figure more than double as compared to the search and seizure action undertaken by the Income Tax department during 2012-13 to check black money.

No official estimate on black money, says Jaitley

Last Updated: Friday, July 11, 2014, 19:26

Finance Minister Arun Jaitley on Friday said there is no official estimate on black money and a study commissioned by the government to ascertain the amount are yet to be completed.

Govt allocates Rs 8.93 crore for SIT on black money

Last Updated: Friday, July 11, 2014, 14:04

Government has sanctioned a budget of Rs 8.93 crore for the infrastructure and logistical requirements of the Special Investigation Team (SIT) set up to combat the menace of black money in the country.

Swamy apprises Prez about his `findings` on black money

Last Updated: Thursday, July 10, 2014, 15:27

BJP leader Subramanian Swamy Thursday met President Pranab Mukherjee and apprised him of his "findings on the black money deposits of Indian politicians abroad," according to a statement issued by him.

Swamy apprises Prez about his `findings` on black money

Last Updated: Thursday, July 10, 2014, 15:27

BJP leader Subramanian Swamy Thursday met President Pranab Mukherjee and apprised him of his "findings on the black money deposits of Indian politicians abroad," according to a statement issued by him.

Black money: Make requests that are 'justified', say Swiss banks to India

Last Updated: Sunday, July 06, 2014, 17:23

As India steps up pressure on Swiss authorities in its pursuit of alleged black money, banks in Switzerland say they follow strict rules and the requests from Indian authorities must be "properly justified".