Notices issued to all those named in Panama Papers: FM Jaitley

Notices issued to all those named in Panama Papers: FM Jaitley

Government on Friday said in the Lok Sabha that it has issued notices to all the people named in the Panama Papers but tax laws do not allow the proceedings to be made public till cases are filed in courts.

Panama paper leaks: I-T dept may go to court, seek SIT to probe 7-year old cases

Panama paper leaks: I-T dept may go to court, seek SIT to probe 7-year old cases

The Panama Papers are a set of over 11 million confidential documents detailing information about more than 214,000 offshore companies compiled by Panamanian corporate service provider Mossack Fonseca.

Black money: SC asks SIT to look into Bank of Baroda scam

Black money: SC asks SIT to look into Bank of Baroda scam

The Supreme Court Tuesday directed the Special Investigation Team (SIT) on black money to look into a fresh plea seeking a probe into the recent Bank of Baroda scam case.

Black money SIT holds meet; reviews Panama, foreign stash cases

Black money SIT holds meet; reviews Panama, foreign stash cases

The Special Investigation Team (SIT) on black money Tuesday held a meeting and reviewed some important tax evasion and money laundering probe cases like the recent 'Panama Papers' disclosures and those related to bank frauds.

Govt says examining reports on black money estimation

Govt says examining reports on black money estimation

Government Tuesday said reports received from three reputed institutes -- NIPFP, NCAER and NIFM -- on estimation of unaccounted income and wealth are being examined.

Panama Papers: Latest expose contradicts Amitabh Bachchan's denial

Panama Papers: Latest expose contradicts Amitabh Bachchan's denial

Amitabh Bachchan, whose name figured in the Panama Paper leaks as allegedly having links with offshore entities in two tax havens, had earlier denied any connection with those companies, saying his name may have been "misused".

India not to use 'tax haven' in black money info dossiers

India not to use 'tax haven' in black money info dossiers

Indian investigating agencies have been asked to shun the usage of the word "tax haven" while making legal overseas requests in black money cases as a number of foreign jurisdictions have taken exception to the term and called it offensive.

 

SC refuses to entertain plea raising issue of black money

The Supreme Court on Wednesday refused to entertain a plea seeking investigation into alleged conversion of black money into white by certain companies.

Panama Papers leak: Authorities raid Mossack Fonseca office, seize documents

Panama Papers leak: Authorities raid Mossack Fonseca office, seize documents

Authorities in El Salvador on Friday raided the local offices of Panamanian law firm Mossack Fonseca, seizing documents and equipment, the country's attorney general's office said.

Amitabh Bachchan surprised at name appearing in Panama Papers leak

Amitabh Bachchan surprised at name appearing in Panama Papers leak

Indian Bollywood superstar Amitabh Bachchan has clarified that he is not involved in any money laundering case, and see no reason why his name has been linked to Panama Papers leak

OECD calls special session on Panama Papers on Apr 13; India may join

OECD calls special session on Panama Papers on Apr 13; India may join

 With an objective to firm up cooperation between nations in the wake of `Panama Papers` disclosures, the Organisation for Economic Cooperation and Development (OECD) has called a special session of countries, including India, on April 13 in Paris, which India is also likely to join.The meeting will bring together senior tax administration officials from countries across the world, said an OECD statement.

Panama Papers leak: Vijay Mallya's hidden wealth in Virgin Islands?

Panama Papers leak: Vijay Mallya's hidden wealth in Virgin Islands?

Vijay Mallya, who has been declared as willful defaulter by banks in India, has also been named in the papers released by the International Consortium of Investigative Journalists( ICIJ) among people who may have stashed away wealth in offshore accounts in tax havens.

Modi government not serious on retrieving black money: CPI-M

The Narendra Modi government is not ready to "touch the structure of tax havens, money laundering and the generation of black money", the CPI-M has said.

And now Mossack Fonesca reacts to Panama Papers leak!

And now Mossack Fonesca reacts to Panama Papers leak!

Zee Media Bureau

New Delhi: Mossack Fonesca, the Panama-based law firm whose more than 11 million documents that gave away offshore accounts of world's powerful and popular, has reacted to the storm its data-leak started.

More names, underworld shadow in 'Panama Papers' Part II

More names, underworld shadow in 'Panama Papers' Part II

A now-deceased underworld don, a politician, an industrialist and an ex-cricketer are among those with alleged off-shore links, even as the agency that helped them set up the entities stonewalled New Delhi's probe efforts, the Indian Express reported on Tuesday.

Panama Papers: Probe to be under new anti-black money law

Panama Papers: Probe to be under new anti-black money law

The monitoring and investigation into the cases of 500 Indians being named in the leaked 'Panama Papers' will be conducted under the stringent provisions of the new law to combat the menace of black money generated by Indians in foreign shores.

Black money: ED probing 43 cases relating to HSBC list, ICIJ expose, says FM Jaitley

Black money: ED probing 43 cases relating to HSBC list, ICIJ expose, says FM Jaitley

The comments came on a day when Jaitley announced a multi-agency probe into a new expose by ICIJ (International Consortium of Investigative Journalists) about offshore tax haven holdings of Indians and other nationals.

Panama Papers' list exposes why govt failed to make stride on black money, says Yechury

Maintaining that Communist Party of India (Marxist) considers revelations made by the `Panama Papers` "very serious", CPM general secretary Sitaram Yechury on Monday said if you look at the list of the people involved in this, it would be clear why things were not happening on the black money front, because the idea was not to expose such people."I have seen the report, CPM considers this as very serious revelations, but the authenticity of that will have to be established by the government," he said.

'Panama Papers': Black money on SIT to investigate Indian names on list

'Panama Papers': Black money on SIT to investigate Indian names on list

The Special Investigation Team (SIT) on black money Monday said it will investigate thoroughly the reported secret list of about 500 prominent Indians including actors, politicians and businessmen who have allegedly stashed money in offshore entities in tax haven Panama.