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Black money
Black Money: Find latest Black Money News, black money news india, black money news latest, black money news today, indian black money news, black money bill india, black money sit, black money in India and more!
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$505 bn outflow of black money from India ‘heavily exaggerated’: DRI
Switzerland has recently begun reporting past gold exports to the IMF and we will incorporate that new trade data into our forthcoming annual update.
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Switzerland to ease tax info exchange norms on stolen data
Switzerland today said it will relax norms for providing information to foreign nations seeking banking details about their citizens on the basis of ‘stolen data’, a move that would benefit India in its fight against the black money menace.
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PM Narendra Modi to hold talks with President of Swiss Confederation, black money on agenda
Prime Minister Narendra Modi will hold talks with President of Swiss Confederation Johann Schneider Ammann in Geneva this morning.
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I-T forms for black money amnesty scheme, here’s what you have to fill in
The Income Tax Department on Thursday came out with forms through which black money holders would be required to disclose their undisclosed income under the Income Disclosure Scheme 2016 which came into effect from June 1.
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Sanjay Bhandari case: IT dept to book case under new blackmoney Act
The Income Tax department is mulling booking defence consultant Sanjay Bhandari, said to be linked to Robert Vadra in an alleged benami property transaction in London, under the stringent anti-blackmoney law in connection with its tax evasion probe against him.
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Domestic blackmoney window: Income Tax dept notifies declaration forms for untaxed funds
The Income Tax department today notified four new forms for those who wish to declare their untaxed funds and properties under the one-time domestic black money compliance window that opened this month.
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Black money window: IT dept to publish list of asset valuers
The Income Tax department will soon put out a list of registered valuers of various categories of assets for those who wish to declare their untaxed funds and properties under the one-time domestic black money compliance window that opened today.
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Black money amnesty scheme opens today, should you avail and steps to take
The Income Declaration Scheme, 2016, comes into force from June 1, 2016 providing a 4-month opportunity for domestic black money holders to come clean by paying 45 per cent of the undisclosed income to tax authorities.
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Undisclosed income a time bomb! Modi government’s Income Declaration scheme 2016 opens: Salient features
It is a one time opportunity to all persons who have not declared income in early years, to come forward and declare such undisclosed income.
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Black money: Swiss govt names Lalit Modi, wife among those facing tax probe
Switzerland today named Lalit Modi and his wife Minal among those about whom information and assistance have been sought from its tax department by the Indian authorities.
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Compliance window for domestic black money opens tomorrow
The 4-month disclosure window giving an opportunity to domestic black money holders to come clean by paying tax and penalty of 45 per cent on such assets will open tomorrow.
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PM Narendra Modi to visit 5 nations; to discuss black money issue with Swiss President
Prime Minister Narendra Modi will embark on a five-nation visit from June 4 which will cover Afghanistan, Qatar, Switzerland, the US and Mexico.
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No immunity to those who earned money through corruption: Finance Minister
Persons who have earned money through corrupt practices cannot take advantage of the domestic black money disclosure scheme, says the Finance Ministry’s FAQ on Income Declaration Scheme issued today.
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Black money: Switzerland plans ordinance for automatic tax info exchange with India
Switzerland today started the process for an ordinance to put in place a mechanism for automatic exchange of tax information with India and other countries.
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Black money scam: India not to press secrecy clause in all cases
While seeking information from a foreign country in connection with black money stashed abroad by Indians, the CBDT has decided to refrain from invoking a specific treaty clause of not informing the person, except in special cases, in a bid to avoid delays.
