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Black money: 'This govt was changing its position and going backwards'

‘You ask the (Modi) government that question (why it took such a stand). If I was in government I would not have advised the government to take such a stand.’ 'The question is,...

'UPA, NDA approach to black money seems similar'

‘The approach of the UPA and NDA to black money appears to be fairly similar. The NDA has been in office for five months and they’ve disclosed only three names. It means that the...

'Modi will recover black money from abroad'

'The difference between black money in India and the black money out of India is, in India, it is tax evaded money and Indian money outside India is not only tax evaded money, but money which has...

Jaitley on black money: We will not withhold any names, but...

Rejecting the charge that the National Democratic Alliance has done a U-turn on disclosure of names of black money holders, Finance Minister Arun Jaitley has said the government will not be pushed...

Apologise if you can't fulfill black money promise: Oppn to govt

The government on Wednesday came under a blistering attack in Rajya Sabha on the issue of black money, with Congress asking it to apologise before people for ‘selling lies’ or else...

India pursuing DTAA with Switzerland

India on Tuesday said it is actively pursuing enforcing the amended tax treaty with Switzerland soon so that information on bank deposits in that country can be obtained in specific cases, Minister...

India urges ratification of DTAA with Switzerland

India will have to wait for another nine months to get information from Switzerland on money stashed by Indians in Swiss banks.The India governmentasked the Swiss government to expedite the...

FPIs from Mauritius to face greater scrutiny after tax treaty revision

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by...

Sensex, Nifty tank over 1% on concerns over Middle East conflict

Stock markets took a beating on Monday with benchmark Sensex and Nifty tumbling over 1 per cent as escalating conflict in the Middle East and weak trends from global markets unnerved investors....

Google Ireland gets tax relief on Rs 8.6K crore it got from India arm

An income tax tribunal held that the amount received by Google Ireland from Google India towards marketing and distribution rights of the AdWords programme is not royalty, and hence, cannot be...