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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......

'High-risk remittance' data under Income Tax lens

The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not Illustration: Dominic Xavier/Rediff.com The reporting and certification......

Now, black money stashed in Singapore banks under govt lens

India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively. Illustration: Uttam Ghosh/Rediff.com Those hiding unaccounted income in......

How the super rich stash money abroad

'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.' Illustration: Dominic Xavier/Rediff.com The Paradise Papers......

Flaunting your wealth on social media may land you in soup

A photo of your shiny new luxury car on Instagram or a costly watch on Facebook may lead the taxman to your door as the tax department from next month will begin amassing virtual information to......

10 commandments for Modi Sarkar to curb black money

A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education. Even as the......
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