untaxed money | Zee News

Advertisement

Newsuntaxed money

Untaxed money News

14 Apr 2017

I-T dept launches 'Operation Clean Money'-II; to probe 60,000 people

As part of the first phase of the 'Operation Clean Money', launched on January 31 this year.

02 Apr 2017

India steps up black money hunt; seeks Swiss details of over 10 persons

Stepping up its hunt for black money stashed abroad, India has approached Switzerland for banking details of at least ten persons and entities suspected to have kept untaxed money in Swiss banks.

31 Mar 2017

Attention black money holders! Deadline for income disclosure scheme ends today

Offering the last chance to black money holders, the Centre, has unveiled a new scheme under which those with undisclosed income and assets located in India can come clean by paying a tax of around 50 percent.

Income Tax department

24 Mar 2017

'Countdown' has begun, I-T dept warns blackmoney holders ahead of March 31 deadline

The Income Tax department today warned black money holders that it has "information" about their illegal deposits and they should avail the soon-to-end PMGKY window to come clean.

28 Feb 2017

Black money: Govt may shut down 7 lakh shell companies

Shell companies are characterised by nominal paid-up capital, high reserves and surplus on account of receipt of high share premium.

09 Nov 2016

Demonetisation of notes: Gujarat BJP hails PM Narendra Modi's decision to scrap Rs 1000, 500 notes

The Gujarat unit of BJP on Sunday hailed the Centre's decision to demonetise Rs 1,000 and Rs 500 notes saying it is a courageous move to weed out black money.

India black money

15 Sep 2016

Govt says info under domestic black money scheme confidential

Government on Thursday said information about those who declare their black money under the compliance window, ending September 30, will be kept confidential.

13 Apr 2016

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.

21 Mar 2016

$181 billion Indian black money stashed in tax havens: Report

A new report on Indians stashing their black money in tax haven and assets abroad illegally is startling.

23 Dec 2015

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.

08 Dec 2015

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.

Special Investigation Team

27 Oct 2015

SIT submits 4th progress report on black money; SC to hear case in January

The Special Investigation Team (SIT) on black money submitted the fourth report on the progress of its probe on Tuesday.

16 Oct 2015

Top 20 Shares: New Names coming up in Black Money Scam

27 Aug 2015

Black money: Now, rich Godmen under SIT scanner

The SIT on black money will closely monitor the source of wealth and its utilization by the Indian Godmen.

01 Jul 2015

Govt opens compliance window for black money disclosure

Government on Wednesday gave three months time till September 30 for people to declare their undisclosed foreign income and assets to escape prosecution under the new black money law, while tax and penalty on such funds can be paid till December 31.

30 Jun 2015

Black money menace: Swiss banks tighten customer due diligence

Facing possible criminal action by India and some other nations over suspected black money, Swiss banks today decided to tighten their due diligence procedures to keep away illicit assets and made it mandatory to identify the beneficial owner of funds parked with them.

30 May 2015

Not enough being done to bring black money back: Swamy

Senior BJP leader Subramanian Swamy today said he had written to the Prime Minister Narendra Modi suggesting ways to bring the black money back, and the present measures were not enough.

26 May 2015

Centre pursuing black money cases vigorously: Sinha

Centre on Tuesday said it is pursuing cases against people having black money stashed abroad "quite vigorously" and has lot of data about Indians having foreign bank accounts in violation of country's laws.

15 May 2015

Switzerland commits to cooperate in India's black money fight

Under the new law, those found to be stashing illicit funds in foreign locations, including Swiss banks, would face strict penal action.

13 May 2015

Cabinet okays benami transactions bill to curb black money

To check the generation of black money in the country, the Cabinet on Wednesday approved the new Benami Transaction (Prohibition) Bill which provides for stringent measures against violators.

Loading...

NEWS ON ONE CLICK