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Government won't follow 'suicidal' course on black money: Jaitley

Identity of 427 account holders abroad has been established and 250 of them have admitted to having accounts, Finance Minister Arun Jaitley revealed on Wednesday while asserting that the government......

India, US sign FATCA to fight tax evasion

To check offshore tax evasion, India and the US on Thursday signed an agreement to implement FATCA that will facilitate exchange of information between the two countries from October 1. The Foreign......

10 things you need to know about FATCA

A Sebi circular dated June 30, 2014, said that the Indian government has agreed (in substance) to FATCA but a formal agreement is yet to be signed. Photograph: Romeo Ronaco/Reuters What is FATCA?......

Black money: Only Rs 3,000 crore disclosures in govt's compliance window

A stream of people, including those from Rajasthan and Karnataka, walked into the only designated office before the closure of the one-time compliance window. The Centre's efforts to unearth......

Comply with tax rules or face the music, Sebi tells market players

Regulator Sebi on Wednesday asked market entities to ensure compliance with changed income tax regulations, with India becoming a signatory to FATCA as well as a global pact to check tax evasion.......

'Declare overseas assets, will be difficult to hide'

Armed with automatic information exchange pact with the US, government on Thursday asked persons holding undisclosed offshore assets to declare them before September 30 as it would be difficult to......
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Foreign allies to help Modi govt dig deeper into black money data

NEW DELHI: India has found global allies in its fight against black money. Germany, France, Switzerland, Singapore, Mauritius and the British... ...
Black money disclosure sum revised to Rs 4,147cr

NEW DELHI: The . Re Revenue secretary Hasmukh Adhia said the number of declarants remained the same at 638 but various envelopes which had been... ...
Arun Jaitley warns of action against those hiding assets abroad

07:31 pm New Delhi: Finance Minister Arun Jaitley on Sunday said that people who had not declared their undisclosed assets in... ...
FM Arun Jaitley

has said that bulk of black money was still within the country and called for a change in the attitude of people so that plastic currency becomes... ...

New Delhi: Finance Minister Arun Jaitley on Sunday warned that those who did not declare overseas black money during compliance window will face... ...

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