Noting that tax evasion is not a criminal offence in Switzerland, a senior Swiss official has acknowledged differences with India on what can be made public about Indians having unaccounted money parked in Swiss banks.
Enforcement Directorate officials, on Thursday, questioned Kerala Cricket Association (KCA) president and BCCI vice-president T C Mathew on the foreign exchange transactions involving KCA and a London-based architect firm.
After coming out of CBI headquarters in New Delhi, Chidambaram said he had appeared before the CBI and the first information report did not contain any allegations against him.
The Modi leadership could lose Election 2024 if a communal flare-up becomes cause for all-round catastrophe, warns N Sathiya Moorthy.
The Enforcement Directorate (ED) has sought legal assistance from Singapore and Mauritius to take forward its probe in the alleged financial irregularities in the Indian Premier League tournament (IPL) and its former chairman Lalit Modi.
The Gupta family has relocated to Dubai amid corruption charges against them in South Africa.
To reduce their reliance of foreign transactions, terror outfits are now using charity organisations and NGOs. The money is collected legitimately but distributed illicitly, reports Vicky Nanjappa
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
The father-son duo are in the radar of the probe agencies in another case concerning the Aircel-Maxis deal.
What gets forgotten in the German vs Sanskrit debate is the poor standard of teaching in India.
Responding to the debate on the bill, Health Minister Harsh Vardhan said the ban commercial surrogacy was "the need of the hour".
Assets include Kalanithi Maran's shares worth Rs 139 cr in Sun Direct.
Support from the committee gives Xi an indefinite extension on the reins of power, which will surely result in hawkish and insular policies. It does not bode well for relations with the USA, or with anyone else who does not bow the knee to Beijing, for that matter.
'Investors hate uncertainty and the demonetisation move certainly creates that.'
Finance Minister Arun Jaitley said the magnitude of the alleged black money transfer through state-owned BoB will only be known after completion of the multi-disciplinary probe.
In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year
The black money bill got the nod of the Rajya Sabha on Wednesday.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
The move came after a Mumbai court recently issued a non-bailable warrant against the former IPL commissioner.
India to hold one-to-one meetings with global counterparts to trace blackmoney.
In the Anti Money Laundering (AML) Basel Index 2013 India has been ranked 93rd and 70th in 2012 and 2013 respectively out of 140 countries.
Over the last two years, despite an amnesty scheme, only about Rs 2,500 crore of taxes have been recovered.
The success of the auction may not be more than a little step in Pearls Agrotech Corp's recovery process of over a Rs 49,100 crore plus interest
The SIT was created by Supreme Court and notified by the government last year to curb black money.
The government has stated that it will make all efforts to bring back illicit wealth parked by its citizens in foreign jurisdictions.
Clearly, rich Indians have little confidence in India. Perhaps we are also chronically dishonest.
Earlier, while presenting the Budget on February 1, Finance Minister Arun Jaitley had proposed to cap cash transactions at Rs 300,000 with effect from April 1.
Following are the names of some high-profile people who have been put behind the bars
The income tax department is asked to keep names of blackmoney holders under wraps.
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Top sources in RBI blamed 'unwarranted rumours' about controls on foreign institutional investors' money to the nearly 770 point drop in the benchmark Sensex and rupee dipping to its lowest levels.
A United States judge has reserved ruling on a lawsuit filed in New York by a Sikh rights group against the Congress party in the anti-Sikh riots after hearing arguments by it that the case should be dismissed since the incidents of 1984 are India's internal matters.
No home food for Karti, medicines allowed only on prescription.
These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Several of these persons and their companies are said to be based in Kolkata, Gujarat, Bengaluru, Delhi and Mumbai.
when the Maharashtra delegation of small and medium businesses arrived in the US on October 9, the Indian consulate decided against holding a standard reception replete with boilerplate speeches. Rather, the consulate put together a programme that would increase the chances of things working out for them. They held an event on Lex Terrae (law of the land).
This would be a practical way of bringing a huge sum of money.
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
The bill now heads to the White House for President Donald Trump's approval.
The new norms also seek to ensure that sufficient safeguards are put in place to avoid any misuse of its new powers and the required privacy of individuals is granted while conducting search and seizure operations.
Extensions of H-1B visas have become even tougher, in particular if the employee has been on a bench for any part of their previous duration.
