The entire HSBC list features names of 1,668 Indians
I-T, FinMin approach Switzerland and France for access to full transaction activity of these entities from the period accounts were opened.
Rejecting allegations of stashing away unaccounted money in Swiss accounts, Jet Airways on Friday said there is no account in the name of its Chairman Naresh Goyal in HSBC Bank, Geneva, though he is entitled to have bank accounts outside India as he is a Non-Resident Indian.
For stolen data, India had sought information about its taxpayers who had secret bank accounts in HSBC Geneva.
The country is biding time to assess the mood of the next Indian government.
HSBC Holdings Plc will shut its private banking business in India, a spokesman said
Government is planning to initiate proceeding against those holding over Rs 5 crore in HSBC Geneva.
The brothers say that the accounts were opened when they were NRIs and were legally allowed to do so.
Reliance has no illegal Swiss Bank accounts.
Former minister responds to Sheela Bhatt/Rediff.com's questions.
Black money Bill: Govt may widen disclosure window to 3-6 months.
Total amount in these accounts is estimated to be around Rs 1,500-1,600 cr
The Reserve Bank on Thursdaysaid it is keeping a close watch on global banking major HSBC.
Swiss police in February searched HSBC offices in Geneva as part of its probe.
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.
The anti-corruption watchdog posts have been vacant for the last nine months.
Herve Falciani, who refused to appear for trial in Switzerland, has been charged of industrial espionage.
The SIT will ask the RBI for transaction details over 15 years
Income Tax dept will launch over 100 fresh prosecution complaints.
Special Investigation Team on black money will hold a meeting.
The I-T department has been probing 240 HSBC cases where it is suspected that Indians have stashed their illicit funds abroad.
Out of these, no balance has been found in case of 289 accounts
Switzerland, long known as a place with unbreakable banking secrecy, has come under intense global pressure, including from India, to crack down on illicit fund flows.
Names of 100,000 a/c holders in HSBC's Swiss unit recently became public.
The bank has been at the centre of the black money and tax evasion scandal.
There are still bumps in the road ahead for Swiss banks.
India has a double-taxation avoidance pact with Singapore and more than 85 countries.
The cumulative illicit money moving out of India over a ten-year period rose to $439.59 billion
Prime Minister Narendra Modi, in his second 'Mann ki Baat' radio address to the nation on Sunday, said as far as the issue of black money was concerned, he would work to ensure that every single penny was returned back to the country.
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
This is the lowest amount of funds held by Indians in the Swiss banks ever since the Alpine nation began making the data public in 1997.
The SIT on black money has widened its probe.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
SIT on black money on Monday decided to widen its probe as new names of Indians with Swiss bank accounts have come up
Anil Divan, who is fighting the black money case in the Supreme Court, speaks to Sheela Bhatt/Rediff.com.
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