Bilawal has said the reality is that his party does not have a mandate to form a federal government.
Chouhan's son Kartikey accused the Congress leader of intentionally making a false allegation about his name being in Panama Papers of alleged tax evaders.
A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.
Congress general secretary in-charge communications Jairam Ramesh said that in the 'Hum Adani ke Hain Kaun (HAHK)' series under which the Congress posed questions to Prime Minister Narendra Modi, the party had asked him about his "favourite business group's links with the Chinese citizen Chang Chung-Ling (aka Lingo Chang) who has been a director in several Adani Group companies along with Vinod Adani and also made an appearance in the Panama Papers".
Uttam Ghosh/Rediff.com offers his unique perspective on several issues of the day.
Former information minister and senior leader of the Pakistan Tehreek-e-Insaf Party Fawad Chaudhry said that the premier made the decision after approval from the party's core committee.
Banned UEFA President Michel Platini's Panamanian bank account was declared to the authorities in Switzerland, where he lives, his lawyer said in an interview published by French newspaper Le Figaro on Tuesday.
Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.
The note guides taxman to avoid seeking voluminous details.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
Indians having undisclosed income in the United States (US) may face proceedings under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, this financial year. Also, those named in global leaks may be searched, show-caused, and prosecuted, according to the FY23 internal action plan of the Central Board of Direct Taxes (CBDT). The CBDT has rolled out an aggressive target and timeline to investigate tax evasion matters, especially those involving undisclosed foreign assets.
Pakistan Muslim League-Nawaz president and Leader of Opposition in National Assembly Shehbaz Sharif, 70, who is the Opposition's candidate for the new prime minister, will announce his possible government priorities after taking the oath.
A row erupted on Wednesday over Amitabh Bachchan's participation in the second anniversary celebrations of the National Democratic Alliance government in New Delhi on May 28.
Cricketer-turned-politician Imran Khan-led Pakistan Tehreek-i-Insaf's petition seeking Pakistan Prime Minister Nawaz Sharif's disqualification in connection with the 'Panama Papers' leaks has been sent to the Election Commission, the National Assembly Speaker said on Saturday.
Upset over alleged 'personal' remarks made against her, Samajwadi Party MP Jaya Bachchan on Monday lashed out at the ruling Bharatiya Janata Party in Rajya Sabha with a 'curse' that it will face bad days soon.
Mian Javed Latif said a decision on PML-N supremo and the three-time prime minister Sharif's anticipated return will be discussed with the coalition partners.
This is because no prosecution complaint has been filed in any of these cases under the Black Money Act.
According to jail officials, Nawaz, Maryam and Safdar will be released on Wednesday if the order is received prior to the expiration of lock-up time.
The SC also ordered the National Accountability Court to start a corruption case against Sharif, his sons -- Hussain and Hassan -- and daughter Maryam.
Shehbaz, the 70-year-old younger brother of former three-time prime minister Nawaz Sharif, has served as chief minister of the country's most populous and politically crucial Punjab province thrice.
With the Sharif family set to return to power in Pakistan amid the fast-deteriorating economic situations and political instability, it is to be seen if Shehbaz Sharif infuses fresh energy into the system, or the much-tainted family continues to resort to its old ways.
The government will investigate every Indian name appearing in an unprecedented leak of financial records, known as the 'Pandora Papers', which alleged that many world leaders have secret offshore stores of wealth.
Shahbaz was allegedly involved in the corruption of Rs14 billion Ashiana Housing project and Rs 4 billion Punjab Saaf Pani Company scams.
The two were convicted on July 6 in the Avenfield properties case linked to the Sharif family's ownership of four luxury flats in London.
The Shahbaz Sharif family (his two wives and their children) invested PkRs 277 crore in 13 companies without having known sources of income.
Three cases -- Avenfield properties case, Flagship Investment case and Al-Azizia steel mills case -- were launched by the National Accountability Bureau on September 8, 2017 following a judgment by the apex court that disqualified Sharif.
The first week of the resumed Budget session of Parliament is likely to remain disrupted with Congress determined to vociferously raise the dismissal of the Uttarakhand government
Congress leader Prithviraj Chavan claimed that Modi held 13 pre-Budget consultation meetings which were attended by top industrialists, but to none of these meetings Sitharaman was invited.
When Bastian Obermayer and Frederik Obermaier shone a light on the Pandora's Box that became famous as the Panama Papers, even they didn't know how it would shake up the murky world of finance, indeed the world itself.
RBI itself is part of the multi-agency group announced by the Indian government to monitor such holdings and take appropriate action.
The admission came in the midst of his virulent campaign against Prime Minister Nawaz Sharif to resign after his two sons and a daughter were named in Panama Paper leaks as having offshore companies.
Senior Congress leader Jairam Ramesh also asked the RBI to make public details of FDI inflows from Cayman islands since demonetisation.
Sharif, 68, was disqualified by the apex court in the Panama Papers case last year under Article 62 of the Constitution for failing to declare a receivable salary as an asset.
About Rs 1,282 crore has been levied as tax in 159 cases pertaining to concealment of tax due to the government
India will need to watch carefully and understand the new round of instability and uncertainty in Pakistan, while charting the course of its future diplomatic initiatives, points out Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
The documents also alleged that Ibrahim's right-hand man Muhammed Iqbal 'Mirchi' Memon amassed huge properties in the UK.
On July 31, Maryam was questioned by the anti-corruption agency officials.
Swiss police raided the headquarters of the European soccer body UEFA on Wednesday to gather information about a contract signed by Gianni Infantino, now head of the global soccer body FIFA, that was reported in the Panama Papers.
Here's the second part of guide to a year that will soon become history.
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