An enormous amount of black money flows in and out of the banking system and still remains black.
However, an official acknowledgment of receiving a valid declaration under IDS (Form-2) will only be given to the concerned entity after a PAN number is allotted to him or her
The UPA government, under severe pressure from the Supreme Court and the Opposition parties over the issue of billions of dollars of Indian wealth parked in tax havens, on Thursday assured the Apex Court that it will make public the names of persons who have stashed money in foreign banks, after a case is registered against them.
'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.'
A contingent of about 140 personnel in black overalls, balaclava headgear and carrying special assault rifle MP-5 added dashing sheen to the parade.
The cause of the fire, which broke out around 5:30 pm, was not known immediately. Plumes of black smoke were seen billowing out from the coaches.
Undisclosed foreign assets and funds worth Rs 350 crore detected; these are separate entities from those featured in Panama Leaks and Paradise Papers
A 'trend analysis' has shown that the target base for the special exercise would not be very large.
The Question Hour in Lok Sabha has been disrupted every day since March 13.
However, the exact number of persons contained in the list and the illegal money in the accounts of German banks could not be ascertained immediately.
Searches conducted by the Enforcement Directorate (ED) under the anti-money laundering law rose by 86 times while arrests and attachment of assets jumped by around 25 times in the 10 years since 2014 compared to the preceding nine-year period, according to official data.
Two Indian women figure among scores of foreign nationals with Swiss bank accounts, whose names have been made public by Switzerland in its official gazette for being probed in their respective countries.
The Income Tax department has sent a detailed questionnaire to about 50 individuals and entities figuring in the list of those allegedly holding offshore assets in tax havens.
If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.
Kerala Chief Minister Pinarayi Vijayan on Sunday lashed out at Governor Arif Mohammed Khan for calling a group of protesting Students' Federation of India (SFI) members 'criminals' and said the Bharatiya Janata Party-led central government has 'let loose such a deranged man'.
...And that's a very good thing, feels Sukanya Verma.
'Fifteen days ago, we were only talking of Ayodhya. Now we are talking about farmers.'
The Income Tax department has issued notice to a firm owned by Robert Vadra as part of its probe to understand the "financial structure" of the company and real estate projects undertaken by it.
The Reserve Bank on Thursdaysaid it is keeping a close watch on global banking major HSBC.
'We have not issued notices randomly.' 'We have done the risk profiling of individuals, and sent to those whose profile has not matched with their declared income.'
'Digital Flight Data Recorder (DFDR) and Cockpit Voice Recorder (CVR) of the ill-fated aircraft have been retrieved. AAIB (Aircraft Accident Investigation Bureau) is conducting investigations,' Civil Aviation Minister Hardeep Singh Puri tweeted, as fresh questions were raised on the safety parameters of the runway.
The Bharatiya Janata Party on Wednesday tabled a notice for an adjournment motion on black money issue in Lok Sabha and demanded suspension of Question Hour in Rajya Sabha while deciding to continue its boycott of Home Minister P Chidambaram in Parliament.
If you are making any drastic changes, make sure there is adequate documentation
The Prime Minister said he was glad that the world community took note of this "because this is an issue that does not selectively affect one nation."
The National Investigation Agency has posted a list of gangsters and terrorists based in Canada.
Rathore, pointing to visuals said the accused was alone and he did not attempt to enter the Raj Bhavan's main gate; he continued to be on the opposite side of the road which had a median.
Sukanya Verma looks at how the 33 year old has fared in her decade-long career.
The Supreme Court on Tuesday said it was more interested in getting the black money stashed abroad back to the country than the disclosure of names of illegal account holders in foreign banks.
Purchase of three plots of land in Haryana in 2005-06 by Congress leader Sonia Gandhi's son-in-law Robert Vadra from a real estate agent is being probed along with a land deal made by his wife Priyanka Gandhi Vadra, the Enforcement Directorate (ED) claimed in a recently filed money laundering case charge sheet.
Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.
The Delhi high court issued notices to Anil Kapoor and Subhash Ghai over on a petition filed by a Delhi University professor seeking a ban on the screening of their recent film, Black And White, alleging that it was anti-Muslim.
'The success of one or two IPOs does not dictate whether the upcoming IPOs will be successful or not, but it certainly indicates that the markets and investors are enthusiastic about startup IPOs.'
Shah claimed that BJP was sensitive to the problems being faced by people queuing up outside the banks and ATMs but said they must realise that the step had hurt 'those sleeping over hoards of black money three thousand times more than the people on the streets'.
A show cause notice was issued to actress Soha Ali Khan was on Friday, asking her how she allegedly obtained a gun licence when she was underage and why it should not be cancelled, since it is in violation of the Arms Act. It also asked her why her father, former Indian cricket captain Mansoor Ali Khan Pataudi, who was the retainer of the .12 bore rifle, allegedly misused the weapon in connection with the black buck hunting case registered against him in Jhajjar district.
The 90-day compliance window to declare overseas wealth ends on September 30.
Amid charges of black money playing a part in the IPL, Sports Ministry has asked the Finance Ministry to order an expeditious probe into it.
Reminding the Bharatiya Janata Party government of its poll promise of bringing back black money, Congress general secretary Digvijay Singh on Thursday dared the Centre saying if it has courage it should reveal the name of account holders.
Investigations against black money holders in Swiss bank accounts, known as the HSBC list, have been put on a fast-track as the CBDT has asked tax sleuths to quickly gather all foreign-based evidences in these cases and render final action by March-end.
