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5 charged with holding Rs 5,000 cr abroad

This is the first big move in the investigation of the British Virgin Islands list where the I-T department has found a significant amount of tax evasion.Shrimi Choudhary reports. The income-tax......

To stop tax evasion, Sebi cracks the whip on offshore wealth managers

An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011 Seeking to root out undeclared wealth, India's market regulator has sent letters to some large......

Singapore tries to shed image as a secretive tax haven

Banks in Singapore are urgently scrutinising their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients......

Headcount of foreign banks down 6%

The total headcount of foreign banks in India went down by over 6 per cent in 2010, with as many as 19 out of the 32 overseas lenders operating in the country reporting a dip in their employee......

No foreign bank in rural areas

Foreign banks operating in India have no branches in rural areas, the Lok Sabha was informed on Friday. However, private sector banks were operating in rural areas through 1109 offices, Finance......

How F1 got Singapore tourism back on track!

Red Bull Formula One driver Sebastian Vettel is chased by fans as he walks the circuit ahead of the Singapore F1 Grand Prix. Photograph: Edgar Su/Reuters Singapore will be counting on its......

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World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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