The SIT found and reported that there was no amount shown in almost 289 HSBC Geneva entries, while 122 of them were repeated twice in the same list.
You know the Tata Sierra is a true icon when driving on the highways and hill climbs of Chandigarh, the car instantly drew all eyes to it.
India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively.
Prime Minister Narendra Modi asked G20 nations to freeze and repatriate unaccounted money hoarded abroad.
'The true fruits of the attack on black money, what Raghuram Rajan did for the banking system, and what technology is doing for us will come in FY19, which, not surprisingly, is the year running up to the next Lok Sabha elections.'
The fair market value of an immovable property will be higher from the acquisition cost.
Argentine superstar footballer Lionel Messi's touchdown in Kolkata in the early hours of Saturday sent the city into a frenzy.
Armed with information on secret bank accounts of citizens from 10 countries, the Finance Ministry said on Wednesday the results of its crusade against black money will be visible over the next five years.
In 2014-2015 the I-T department put up 669 cases for prosecution. The charges stuck in only 34 cases: Just 5%. It was no exceptional year -- the story broadly follows the script every year.
SIT on black money on Monday decided to widen its probe as new names of Indians with Swiss bank accounts have come up
Meet Zeenath PA, the Kochi social worker whose handmade wigs are helping Cancer survivors reclaim their identity.
The stage is set for a direct contest between NDA nominee C P Radhakrishnan and joint opposition candidate B Sudershan Reddy for the vice-presidential election. The BJP-led alliance has a clear edge in the poll necessitated due to the sudden resignation of Jagdeep Dhankhar.
While this is a thoroughly modern SUV, the soul of the original '90s icon lingers.
Narendra Modi on Wednesday said he was committed to bring back black money stashed abroad and assured people that if BJP is voted to power, he would set up a task force, amend laws and distribute the money brought in as "gift" among honest tax-payers.
Kareena Kapoor made a statement in a black gown designed especially for her by Rahul Mishra, because when it's for Bebo, off the rack just isn't an option.
Mahindra has officially taken the covers off the BE 6 Formula E Edition, and let's just say it's loud, it's orange, and it's absolutely unapologetic, reports Rajesh Karkera/Rediff.com
Pending last minute disturbances or any other untoward development, the government and opposition have reached a compromise by which Parliament will function on Thursday.
The stage is set for a direct contest between NDA nominee C P Radhakrishnan and joint opposition candidate B Sudershan Reddy for the September 9 vice-presidential election. Nominations have been scrutinized and accepted.
In touch with the Swiss government under the DTAA mandate
India may have to wait till at least next year for information from Switzerland on possible black money trail to Swiss banks, as a treaty for the same might come into force only by the end of 2011.
Fresh off her recent release The Call Me OG, Priyanka Mohan is not just making waves on screen; she's making sure all eyes are on her off-screen as well.
Calling upon "honest" people within the Congress to act the way VP Singh had done on Bofors, Bharatiya Janata Party leader L K Advani on Wednesday said they should show the same courage in getting back black money stashed abroad by Indians.
A total of 64,275 declarations were made under the scheme, an average of Rs 1 crore per disclosure. This is expected to translate into tax collection of about Rs 30,000 crore from the scheme, of which the government exchequer should get around Rs 15,000 crore by the end of 2016-17.
A classic example of a leader who has chosen to risk everything for his vision.
The Reserve Bank of India on Monday directed all banks and financial institutions to provide information and documents sought by the Special Investigation Team (SIT) set up to unearth black money.
Meeting the disclosure norms isn't very easy.
As the government submitted a list of 627 foreign account holders to the Supreme Court on Wednesday, the spotlight is on family of former Maharashtra chief minister, former minister in the UPA government, a Mumbai-based corporate among others. Vrishti Beniwal reports
Algo trading should be segregated in a separate account with only risk capital deployed.
'We've not seen a crypto exchange come back after about 45 per cent of the value on the platform was impacted.'
Filing with inadequate disclosure of assets will be liable for prosecution
India has already signed the OECD's global standard for automatic exchange of information between tax authorities two years back and once the new format is implemented, the country will follow the new protocols envisaged in it.
Experts of both the countries will meet by mid-September 2016 to further discuss the modalities for the reciprocal bilateral implementation of AEOI between India and Switzerland with a view to reaching an agreement at the earliest, possibly by the end of the year
The first high-level meeting of the Special Investigation Team on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held in New Delhi on Monday.
With just 16 players out of 206 participants that started the event remaining in the fray, most of the players decided against taking undue risk and decided to wait for the next game.
The trophy was unveiled during a colourful opening ceremony which was attended by Union Sports Minister Mansukh Mandaviya, Goa Chief Minister Pramod Sawant and FIDE chief Arkady Dvorkovich.
He said this in Parliament rebutting reports last month, which quoted the Swiss National Bank, the country's central bank, as saying in its annual report that Indian deposits had risen by 50 per cent in 2017.
'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.'
Indians having undisclosed property abroad will have to pay tax and penalty.
The exhaustive list was uploaded on the official web portal of the department.
Incensed by the remark, the Congress President was heard saying, "Kya bola (what did he say)?" While protesting, she addressed Speaker Sumitra Mahajan and said, "What is this?"
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