Blackmoney in polls: I-T to deploy spl teams on EC directives

 The Income Tax department will deploy special teams and minutely scrutinise bank accounts during the forthcoming Assembly polls in four states after the Election Commission (EC) recently issued fresh guidelines for ensuring financial transparency during polls.

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

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.

After three years, Blackmoney study yet to be completed

A study to assess the quantum of blackmoney stashed in India and abroad is yet to be completed, over three years after it was commissioned by the previous UPA government.

Voters lured by money sent in bank accounts during polls: EC

Innovative methods like transfer of funds through the RTGS banking system and concealment of currency wads inside car bonnets were detected by EC as it took steps to curb the use of black money during the just-concluded LS polls.

Will ensure speedy probe in black money issue: SIT chief Shah

Former Supreme Court judge Justice MB Shah, who is to head the Special Investigation Team (SIT) into the black money issue on Wednesday said there are a number of "complexities" involved but asserted he will ensure a speedy probe.

SIT for all blackmoney cases to be notified by next week

The government is expected to bring out a notification by next week for creation of a Special Investigation Team (SIT) which will have "jurisdiction over all the cases" of unaccounted funds or black money stashed by Indians abroad.

EC empowers citizens to check blackmoney, hate speech in polls

In a major technology leap undertaken by the Election Commission (EC) to check electoral malpractices, a common man can now upload a video or audio clip of an inflammatory speech, illegal cash or liquor distribution to the poll body`s website which will automatically authenticate the credentials of the media post.

Election expenses for five years cross Rs 1.5 lakh crore

The study, conducted by think-tank CMS, comes at a time when various political parties are accusing each other of using alleged black money in the ongoing Lok Sabha polls, which began on April 7 and will continue till May 12.

Election Commission seizes Rs 240 crore in cash, liquor

Stepping up its efforts to prevent the use of blackmoney and other means to influence voters during the ongoing Lok Sabha elections, the Election Commission has so far seized Rs 240 crore in cash and crores of litres of liquor and drugs.

Congress levelling allegation on blackmoney the `biggest joke`: BJP

BJP Friday hit back at Congress for targeting Narendra Modi government in Gujarat on the issue of black money.

Govindacarya asks EC to check use of blackmoney

Alleging use of blackmoney by BJP and Congress to fund their election campaigns, former RSS ideologue K N Govindacharya today approached the Election Commission.

LS polls: Mayawati raises issues of blackmoney, corruption

Mayawati Sunday raked up the issue of black money stashed abroad in illegal accounts and said the money would have "solved the problems of our poverty and unemployment".

EC issues revised guidelines for transparency in party funds

The Election Commission (EC) on Thursday issued a set of draft "revised" guidelines to political parties asking them not to give cash to their candidates in a bid to curb the menace of blackmoney in elections.

Govt verifying information on blackmoney expose

The government on Friday said income tax department is verifying media reports in connection with the expose on individuals who have stashed money in tax heaven, and will take appropriate action.

Use Swiss banking `crisis` to recover black money: Advani

India should take advantage of the virtual crisis gripping the Swiss banking sector due to global campaign against bank secrecy laws to deal with the blackmoney issue, BJP leader LK Advani has said.

Finance Ministry withdraws search, seizure powers of new criminal IT wing

The elite criminal investigation wing of the IT Dept, which conducted a number of high-profile actions including raids on Ponty Chadha, has been disallowed to carry out any search operations by the Finance Ministry henceforth.

IT dept seized unaccounted assets worth Rs 290 cr in Apr-Sept

The Income Tax Department seized unaccounted assets worth Rs 290.29 crore in the first half of the current financial year, Parliament was informed on Friday.

VK Singh demands immediate dissolution of Parliament

Former Army chief General VK Sigh on Monday hit out at the UPA-II for rising prices, corruption, blackmoney, land acquisition policy and demanded dissolving of Parliament.

Conspiracy to kill Balkrishna, alleges Ramdev

Yoga guru Ramdev on Tuesday alleged that a conspiracy was being hatched to kill his close aide Balkrishna, who is currently lodged in a jail here, and put the blame on him.

LS adjourned till noon amid uproar over blackmoney

LS was adjourned till noon following Opposition uproar over the issue of blackmoney and alleged atrocities against Hindus in Pakistan.