India's new tax policy which makes it mandatory to disclose foreign is not so common in developed countries.
Facing black money investigations in India and several other countries, global banking giant HSBC on Monday said it is also being probed in the US for hiring candidates related to government officials in Asia Pacific.
This is the new addition to the tax data, which had identified over 600,000 people for scrutiny over huge inconsistencies in the cash deposits
Delhi Election Commission on Friday directed all mobile service providers to stop "political" bulk SMS services 48 hours before the assembly election to ensure that parties do not influence voters during this period.
Coast Guard Deputy Director General K R Nautiyal alleged that the facts presented in the media were not factual
As many as 17 locations in Delhi, Mumbai, Hyderabad, Jaipur and Surat were raided by the ED.
Protect yourself and minimise such frauds by following these simple rules
FIFA president Sepp Blatter and its secretary general Jerome Valcke have both hired high-powered US lawyers to represent them as a corruption probe roils soccer's global governing body.
'The Modi government's greatest blunder is to exploit sensitive external relations in its domestic politics,' says Shekhar Gupta.
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
A senior life insurance official point out there have also been cases involving former insurance agents.
Today, the single most popular route of laundering is the stock market platform, notes Debashis Basu.
As probe into suspected black money stashed abroad by Indians gathers steam, banks in Switzerland are running from pillar to post to safeguard their interest.
'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'
'The counting machine beeped, indicating a counterfeit note.' 'When the teller started tearing it, my nephew stopped him and asked him: Under whose authority was he destroying it, how did he know that the note was fake and if a genuine note gets destroyed, how will he be compensated?' Harsh Roongta explains the process if you have a counterfeit note.
Charges were filed against against underground bitcoin exchanger Robert Faiella, 52, and chief executive officer and compliance officer of a bitcoin exchange company Charlie Shrem, 24.
'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'
Ponzi schemes have characteristics that the informed investor can spot easily.
'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.'
Modi lashed out at the Siddaramaiah government over alleged corruption, saying there is not a single minister who is not facing allegations of financial wrongdoing.
'It has taken bombings in Beirut, bombing of a Russian airliner and now terror attacks in Paris for people to realise that we are not going to achieve our objectives of destroying ISIS if we drive in second gear. We need to get into top gear.'
Gullible bank customers are getting fooled by callers who scare or lure them.
News of all that's transpired on and off the football field
An FIR has been registered against Shivraj and his parents for allegedly duping a Mumbai businessman and his wife of Rs 13 crore (Rs 130 million) while he was out on bail.
Amid concerns of bullion trade being used for routing of black money, Switzerland's gold exports to India have risen further and is fast approaching Rs 1-trillion mark for the entire 2014.
Ajit Balakrishnan reflects on pariahs, small businesses, and blockchains.
The drive against insider trading comes after SEBI last year received enhanced investigation powers from parliament, including the ability to monitor call records.
Days after the Indian Coast Guard intercepted a 'terror boat' from Pakistan, there are still some doubts over the claims.
Indrani called her personal assistant Kajal Sharma from the UK, May 3, 2012, and told her she had to sign Sheena's resignation letter as if she was Sheena signing it. But she had to first practice the signature and send Indrani proof of her proficiency in signing Sheena's name before sending the letter off. Sharma said she was reluctant and told the court that she told Indrani as much, but Indrani demanded it of her.
A Swiss national who has run soccer's powerful governing body for the past 17 years, 79-year-old FIFA boss Sepp Blatter has now for the first time become the focus of a criminal investigation.
China's slowing means commodity markets are no longer overheated.
'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.
On the occasion of Chinese New Year, we bring you a look at what 2015, the Year of the Sheep has in store for you!
