A CBTR pertains to transfer of funds through various channels abroad.
Central bank raises red flag, warns of potential risk
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
"If the money is legitimate which had been previously withdrawn from bank or earned legally and saved and had been disclosed, there is nothing to worry about," Jaitley said.
Sahara relied on a letter from bank saying the funds were there.
Paytm will not be available for download now but there will be no impact on existing users of the app. 'The app was blocked for violation of play policies - a clarification of our policy was released earlier today ahead of the IPL (Indian Premier League) tournament,' Google said in an e-mailed response on Friday.
An estimated Rs 39 crore in cash and over 1.67 lakh litres of illicit liquor has been seized by Election Commission-appointed teams in the Bihar assembly elections till now.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
The agency said it searched a Mumbai-based operator who was running 700 shell companies with 20 dummy directors and had "converted Rs 46.7 crore for Chaggan Bhujbal", the jailed ex-Maharashtra deputy chief minister.
Deputy Chairman of the Supreme Court-appointed Special Investigative Team on black money, Justice Arijit Pasayat, said Rs 70,000 crore of black money has been unearthed so far and the sixth report on it will be submitted to the apex court in April.
While law-abiding customers are harassed for KYC and have to comply with endless paperwork even to open and close accounts, DHFL could easily open nearly 260,000 fake home-loan accounts, reveals Debashis Basu.
They were chargesheeted for alleged offences punishable under section 120-B (criminal conspiracy) of IPC and under relevant provisions of the Prevention of Corruption Act.
Congress leaders have hit out at the BJP governments at the Centre and in Karnataka, questioning its timing.
The Central Economic Intelligence Bureau, lead agency under Finance Ministry to gather and disseminate intelligence related to financial crimes, has traced illegal flow of money through Private Placement Programme, which involves offering of securities to select individuals or groups, upto 50 in numbers, official sources said.
635 declarations of illegal wealth were made in the 3-month compliance window.
The trigger for the action is understood to be the huge spike being registered in the value of bitcoins and other virtual currencies in the recent past.
The Enforcement Directorate has registered a criminal case against controversial Islamic preacher Zakir Naik and his organisation IRF under money laundering laws.
The bench said the AAP contention that the LG is bound to act on the aid and advice of Council of Ministers was "without substance and cannot be accepted".
It is important to clarify that availing of an exemption is neither evasion nor tax planning.
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
A city court on Friday remanded suspended Trinamool Congress MP Kunal Ghosh to seven days' judicial custody after he dramatically recused his lawyer from speaking for him and then pleaded for either bail or CBI custody to 'assist' the agency in its Saradha chit fund scam probe.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Trading of diamonds especially with a gulf country has come under the lens of intelligence agencies here for suspected terror financing and money laundering.
TV footage showed Zardari coming out of his house and embracing his younger daughter Aseefa before getting into a black Landcruiser.
The department said that total confidentiality is ensured to those who declare their black assets and funds
The agency filed the prosecution complaint under the Prevention of Money Laundering Act before a special court in Mumbai and said Naik's "inflammatory speeches and lectures have inspired and incited a number of Muslim youths in India to commit unlawful activities and terrorist acts."
The businessman, Pankaj Gangar, used to transfer the money to Shakeel
Rana Gurjit denied the charges saying neither he nor his company - Rana Sugars Limited - has any direct or indirect stakes in sand mining business.
The petitions alleged that these laws would dismantle the Agricultural Produce Market Committee system intended to ensure fair prices for farm products
Batra Hospitality Private Ltd broke no ground rules while disposing off its shareholding in Centaur Hotel Mumbai to Sahara Group, Lok Sabha was informed on Wednesday.
Vadra was directed by a Delhi court to cooperate with the investigation being carried out by the central probe agency after he knocked on its door seeking anticipatory bail in this case.
Enforcement Directorate is jointly probing the case.
The Delhi High Court on Thursday sought response of the Centre and the Enforcement Directorate on the bail plea of businessman Gautam Khaitan, arrested last month in a money laundering case related to the Rs 3,600-crore VVIP chopper deal.
The agency's poor track record in convictions is the only light at the end of a rather long tunnel for the couple, observes Shyamal Majumdar.
The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.
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.
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
