Black money pursuit: Swiss amend key law on foreign requests

Under pressure from India and other countries, Switzerland has made key changes in its local laws governing assistance to foreign nations in their pursuit of black money allegedly stashed in Swiss banks.

Why has SC order on black money not been implemented: Jethmalani

The Supreme Court had passed its order on black money in July, 2011 in a case in which Jethmalani was also a petitioner.

I-T dept detects unaccounted assets worth over Rs 1,400 crore

An STR involves a transaction of Rs 10 lakh and above, which gives rise to a reasonable ground of suspicion that it may involve the proceeds of crime including drug trafficking and illegal money.

'Smuggling, counterfeiting help generate black money'

"Black money is a menace to any society. This menace is helped by smuggling and counterfeiting, which is a challenge before the industry as well as the government," Anwar said while launching a book here.

Multipronged efforts to check blackmoney: Govt

Undisclosed income of Rs 49,325 crore has been detected in the country in the last three years while tax evasion of Rs 600 crore has been found on inputs from abroad under multi-pronged efforts to check blackmoney menace, government said on Friday.