The Delhi high court on Monday asked the Centre to file reply on a plea seeking linking of immovable and movable property documents of citizens with their Aadhaar numbers to curb corruption, black money generation, and benami transactions.
The searches are also being conducted at the premises of the son of RJD MP P C Gupta and few other businessmen.
Several Aam Aadmi Party leaders, including Manish Sisodia and Sanjay Singh, hit out at the BJP government at the Centre, saying agencies are targeting those who raised their voice against the ruling party.
She dared the government to order an impartial probe if there is something in which she said the truth will come out.
The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.
Creating a record, the CJI headed apex court collegium meetings led to appointment of 11 Supreme Court judges with nine of them, including three women, appointed in one go.
The department said that total confidentiality is ensured to those who declare their black assets and funds
The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday trained its guns on the Adani Group, alleging hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family, charges the conglomerate denied vehemently.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
"The response (to the PMGKY) has not been so good...about Rs 5,000 crore of income was declared in PMGKY," Revenue Secretary Hasmukh Adhia said.
Prajwal Revanna is the grandson of JD-S patriarch and former Prime Minister HD Deve Gowda, and is the only candidate from the party to have won the Lok Sabha elections in Karnataka in 2019.
"The DMK is not worried a wee bit," he said on the ED searches. Such an action by the ED was 'usual, ordinary and a drama' enacted to divert attention.
Sarma said the defamation case will be filed after Prime Minister Narendra Modi's visit to Guwahati on April 14.
'Quite a few notices have been issued in both black money and benami transactions.'
The due date for filing Income Tax returns for 2019-20 has already been extended till November 30, 2020.
The ED had attached Sai Resort NX, constructed over the land located at Gut no: 446, Murud in Ratnagiri's Dapoli, in January.
The prime minister said the Congress has run away from the battlefield conceding defeat in the 68-member assembly.
The larger amount of black money either goes into domestic real estate or bullion, or is round-tripped back into India anyway.
The central government, in its typical sledgehammer style, has unleashed the might of its investigative agencies like the Enforcement Directorate against NCP and Shiv Sena leaders.
The Supreme Court on Wednesday agreed to hear on March 24 a plea by K Kavitha, Bharat Rashtra Samithi leader and daughter of Telangana Chief Minister K Chandrasekhar Rao, seeking protection from arrest and challenging the summons by the Enforcement Directorate in a money laundering case arising out of the alleged Delhi excise policy scam.
Penalties for undisclosed foreign income and assets extend up to 300%.
Filing with inadequate disclosure of assets will be liable for prosecution
The allegation against Khan is that he had applied to purchase the agricultural land for farming but constructed a farmhouse for personal use instead.
Somaiya had on Sunday claimed he was barred from entering Kolhapur with the district authorities citing law and order as well as security concerns following his allegations of corruption against Maharashtra Rural Development Minister Hasan Mushrif.
The apex court issued notice to the Centre on the plea seeking re-examination of its verdict which upheld the ED's powers relating to arrest, attachment of property involved in money laundering, search, and seizure under the PMLA.
The sources said the taxman has initiated a country-wide operation to identify suspect bank accounts where huge cash deposits have been made post November 8.
Bharat Rashtra Samiti leader K Kavitha on Thursday skipped the Enforcement Directorate (ED) summons here for questioning in the Delhi excise policy money laundering case and made a plea to defer the proceedings but it was rejected by the probe agency which asked her to appear on March 20.
There is no dearth of political will today to act against corruption and officers should take action against the corrupt, however powerful, without any hesitation, Prime Minister Narendra Modi said on Monday.
The Union minister says the Bihar chief minister ignores his partner's misdeeds.
Govt to introduce comprehensive law on black money
The government can seek details from sellers such as sources of funds while buying.
Following several instances of poor drafting of Cabinet notes and bills in the recent past, on September 11, the Cabinet Secretariat wrote to all ministries and departments to read up paragraph 55 of the 'Handbook of Writing Cabinet Notes'. Archis Mohan reports.
Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.
Lalu's daughter was grilled by the ED on Tuesday for about eight hours.
This brings its tax treatment on par with the Prime Minister's National Relief Fund.
Honest tax payers need not worry about the new black money law, says finance minister Arun Jaitley.
Individual should be extra careful when taking money from parents or relatives to buy a property
Somaiya had on Sunday claimed he was barred from entering Kolhapur with the district authorities citing law and order as well as security concerns following his allegations of corruption against Maharashtra Rural Development Minister Hasan Mushrif.
4 luxury SUVs and documents indicating 'benami' assets of Rs 300 crore have been recovered during income tax raids.
The DMK leadership may now have to deal with a demand for more seats from its Congress ally in the Lok Sabha polls, predicts N Sathiya Moorthy.
