Black money: RBI invites applications for regularisation of declared wealth

Black money: RBI invites applications for regularisation of declared wealth

The Reserve Bank Wednesday said that those who have declared unaccounted overseas assets under the blackmoney law should file application with its central office for regularisation of declared wealth.

Black money: CBDT asks I-T dept to speed up overseas requests

Black money: CBDT asks I-T dept to speed up overseas requests

With the current financial year coming to a close soon, CBDT has asked the Income Tax department to speed up select black money and tax evasion probe cases which require cooperation from foreign agencies under existing bilateral treaties.

Stolen data issue impacts tax cooperation with India: Swiss government

Stolen data issue impacts tax cooperation with India: Swiss government

Switzerland's tax cooperation with India is being negatively impacted over the "contentious" issue of sharing information based on illegally obtained data, according to the Swiss government.

 

Black money: Significant progress in tax cooperation with India, says Swiss govt

Black money: Significant progress in tax cooperation with India, says Swiss govt

India and Switzerland have been working closely on mutual administrative assistance on tax matters and both sides have expressed their willingness to step up the cooperation.

Black money: Modi govt collects Rs 2,428 crore tax from 644 entities

Black money: Modi govt collects Rs 2,428 crore tax from 644 entities

Narendra Modi government has collected a total of Rs 2,428.4 crore in taxes after over 600 declarations were made by stash holders to the Income Tax department under the one-time black money compliance window that ended last year.

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Starting today, where quoting of PAN card is mandatory

Starting today, where quoting of PAN card is mandatory

Know types of transactions where quoting of PAN card will be mandatory from January 1, 2016....
 

Anna Hazare writes to PM Modi, reminds him of unfulfilled poll promises

 Social activist Anna Hazare dashed off another letter to Prime Minister Narendra Modi, reminding him of his unfulfilled poll promises.

IT dept third list of tax defaulters: Know the names of all 18 individuals

IT dept third list of tax defaulters: Know the names of all 18 individuals

Know the complete list of 18 individuals whose names have been issued by the Finance Ministry as tax defaulters.

Income Tax department publishes names of 18 more defaulters owing over Rs 1,100 crore

Income Tax department publishes names of 18 more defaulters owing over Rs 1,100 crore

The Income tax department's public notice containing the names of the 18 defaulters who have either gone untraceable or have inadequate assets to pay is the third such list this year after names of 49 defaulters with a tax liability of over Rs 2,000 crore were earlier released in two instalments.

List of transactions where quoting of PAN will be mandatory from Jan 1

List of transactions where quoting of PAN will be mandatory from Jan 1

Zee Media Bureau

New Delhi: The government has made quoting PAN mandatory from January 1 for cash payment made to settle hotels bills or for buying foreign travel tickets of Rs 50,000 as it tightened disclosure norms to curb black money.

Black Money: Over Rs 16,000 cr undisclosed income detected in 20 months

Black Money: Over Rs 16,000 cr undisclosed income detected in 20 months

To deal with illegal wealth stashed abroad, the government legislated the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.

Black money: Six Indians on list as Switzerland makes public 2,600 dormant a/c

Black money: Six Indians on list as Switzerland makes public 2,600 dormant a/c

Of the six, the residence of four has been mentioned as India, Paris (France) for one. However, the place of residence of the sixth person has not been mentioned.

Black money: Swiss laws may make it easy to share stolen info

Black money: Swiss laws may make it easy to share stolen info

Switzerland is in the process of amending its laws that would make it easier for countries like India to obtain details of black money based on information emanating from 'stolen data', the Indian government informed Parliament Tuesday.

India, Switzerland improve cooperation on tax matters

India, Switzerland improve cooperation on tax matters

With India stepping up efforts to bring back illicit funds stashed abroad, Switzerland has said both sides have improved their cooperation on tax matters following several high-level meetings.

 

Govt taking steps on whistleblowers' info on black money: Sinha

Govt taking steps on whistleblowers' info on black money: Sinha

Sinha also said 669 prosecutions related to evasion of taxes were launched in 2014-15, up from 641 a year ago.

CBI filed 6 cases against banks on money laundering since 2012

The CBI has registered six cases for irregularities and violation of Prevention of Money Laundering Act and forex scams in public and private sector banks since April 2012, Lok Sabha was informed Friday.

US arrests D-company's financier; is Dawood Ibrahim the next target?

US arrests D-company's financier; is Dawood Ibrahim the next target?

The US has strong evidence to prove that Altaf ​Khanani is Dawood Ibrahim's biggest financier.

Black money: Govt gets Rs 17 crore tax and penalty till November 26

Black money: Govt gets Rs 17 crore tax and penalty till November 26

The government has collected Rs 16.69 crore as taxes and penalty till November 26 from those who have disclosed illegal wealth under the black money compliance window.

BJP's Kailash Vijayvargiya verbally attacks Aamir Khan

Kailash Vijayvargiya verbally attacks Aamir Khan by saying that all the people who have kept black money in foreign countries are talking about leaving the country and settling in a foreign country.