BLACKMONEY

  • SC seeks SIT's report on progress made in black money probe 3 days ago

    New Delhi: The Supreme Court on Tuesday asked the Special Investigation Team (SIT), headed by former apex court judge Justice MB Shah, to file a fresh status report by May 12 on the progress made by it on black money probe. A bench comprising Chief Justice HL Dattu and justices Madan...
  • Karnataka Youth Congress to issue fake cheques for Rs 15 lakhs to mock BJP’s blackmoney promise April 2, 2015

    Bengaluru: The ruling Congress in Karnataka is planning a unique protest on Friday, to expose the BJP's promise of bringing back black money back home. The Congress workers plan to give out fake cheques to the amount of 15 lakh rupees to the public, just to remind them that Prime Minister...
  • India to join top global league with proposed black money law March 1, 2015

    New Delhi: India will join the league of countries like Singapore, UK and the US with its proposed law to check black money, under which those hiding income and evading tax in relation to foreign assets can be slapped with a prison term of up to ten years. In fact, the...
  • Budget 2015: Finance Minister may announce important policy plans to combat blackmoney February 23, 2015

    New Delhi: Finance Minister Arun Jaitley is likely to announce policy initiatives on some of the key recommendations made by the Special Investigation Team (SIT) on black money to combat the menace of illicit funds, stashed within the country and overseas, when he presents the Budget on February 28. While the...
  • AAP in 'nexus' with tax-evading companies: BJP February 5, 2015

    New Delhi: In its latest batch of questions, Bharatiya Janata Party on Wednesday alleged a "nexus" between tax-evading companies and Aam Aadmi Party and accused the Arvind Kejriwal-led party of ignoring issues involving people from the Northeast living in Delhi in its manifesto. Addressing a press conference, Union Minister Nirmala Sitharaman...
  • Ram Jethmalani vents anger in SC over government 'inaction' on blackmoney January 20, 2015

    New Delhi: Expelled BJP member Ram Jethmalani on Tuesday vented his anger in the Supreme Court against the NDA government on the black money issue, expressing displeasure that a draft legislation prepared by him and sent to Prime Minister Narendra Modi has not been acted upon. The veteran lawyer's outburst...
  • Cashless banking best solution for black money problem: PM Modi January 2, 2015

    Mumbai: Pitching for greater cashless banking transactions, Prime Minister Narendra Modi on Friday said this can be the best solution for the problem of black money, even as he asked banks to look for ways to discourage people from investing huge amounts in gold. Modi also asked banks to become socially...
  • Ex-Noida Authority Chairman Yadav Singh on blackmoney SIT radar December 6, 2014

    New Delhi: Controversial Noida Authority official Yadav Singh, accused of amassing illegal wealth, has come under the scanner of the Special Investigation Team (SIT) on blackmoney as it on Saturday asked the CBDT to share information with ED so that money laundering charges could be pressed against him and his...
  • I-T department ask for details of contract approved by Noida chief engineer December 1, 2014

    The Income Tax Department has sought details of projects approved by Yadav Singh. The I-T department may also open 13 bank accounts belonging to him. Authorities had recovered diamonds worth Rs 100 crore, 2 kilos of gold and Rs 10 crore in cash from his residence earlier this week. ...
  • Finance Minister hints at changes in laws to repatriate blackmoney November 27, 2014

    New Delhi: Finance Minister Arun Jaitley on Thursday hinted in Lok Sabha at the government considering amending the anti-money laundering and Income Tax laws to get back the black money stashed abroad, admitting that there are weaknesses in them. While making it clear that there was a need for tax-friendly regime...
  • BJP government should come clean on black money: TMC October 24, 2014

    Kolkata: The Trinamool Congress on Friday dared the Narendra Modi government to "come clean" on black money and reveal the names who stashed it at one go. "The BJP government must come clean on black money and reveal names at one go. The selective leaking, rumour mongering and innuendo will...
  • CPM asks Centre to issue White Paper on blackmoney October 22, 2014

    New Delhi: CPI(M) on Wednesday demanded the issuance of a White Paper detailing the amounts of illegal money stashed away abroad and those involved, saying just naming some individuals would not serve any purpose. Accusing the Narendra Modi government of "going back" on its poll promise of bringing back black...
  • Automatic exchange of info to help unearth blackmoney: India September 22, 2014

    Cairns: Extending full support to the automatic exchange of tax and banking information, India on Monday said that it will help in unearthing blackmoney stashed abroad and bringing it back. Intervening at the meeting of G20 Finance Ministers, Minister of State for Finance Nirmala Sitharaman said 46 countries, including India, have...
  • Blackmoney: SIT empowers Enforcement Directorate to check huge forex violations September 14, 2014

    New Delhi: To check largescale foreign exchange violations and generation of slush funds, a Special Investigation Team (SIT) on black money has asked RBI and Enforcement Directorate (ED) to jointly take on cases of huge exports outstanding. The SIT, for the first time, has authorised the ED to obtain regular information...
  • India has got government with a strong foreign policy: Amit Shah September 7, 2014

    Kolkata: BJP president Amit Shah on Sunday said that the Narendra Modi government has made it clear that security of the country's borders is of prime importance and no compromise will be made on that issue. "By calling all SAARC nations in the oathtaking ceremony, the Narendra Modiled government had...
  • NDA slams Congressled UPA for 'sitting on' black money issue September 2, 2014

    New Delhi: The ruling NDA on Tuesday hit out at the previous UPA regime saying it had failed to set up an SIT on black money despite a Supreme Court direction for the same even as it asserted that it will bring out the truth in the matter after acting...
  • Blackmoney: Indian agencies get Swiss banks' data of hoarders August 24, 2014

    New Delhi: Tax investigators pursuing instances of blackmoney stashed abroad by Indians have finally been able to circumvent the Swiss secrecy code by asking over 100 such account holders to submit on their own details of personal balances in these banks, brought under the tax net recently, for lesser penal...
  • EC initiates 'charcha' with voters on use of black money in polls March 9, 2014

    Ex-bankers, retired government officials and journalists have been roped in by the EC to hold 'charcha' or dialogue sessions with voters as part of its drive to crack down on blackmoney instances in "expenditure- sensitive" pockets. For the first time, the EC has directed the Chief Electoral Officers of all states...
  • Ramdev alleges witch hunt by UPA government August 29, 2012

    New Delhi: Yoga Guru Ramdev has accused the UPA government of witch hunt after it was announced that his trust Patanjali Yogpeeth's charitable status will be withdrawn. Ramdev claimed that he is being targetted because of his anticorruption movement against the UPA. "Just because we speak against corruption and blackmoney, the...
  • Blackmoney: Govt to set up 14 new overseas IT offices August 15, 2012

    New Delhi: The government will set up 14 more Income Tax Overseas Units (ITOUs) to deal with the menace of blackmoney and keep a tab on illegal routing of funds from abroad and parking money in foreign countries. The Finance Ministry has recently sent a detailed proposal in this regard to...
  • Act by this evening or face revolution: Ramdev August 12, 2012

    New Delhi: Taking on Prime Minister Manmohan Singh on the issue of corruption, Yoga guru Ramdev has asked the government to act on his demand by Sunday evening or else face a big revolution across the country. Ramdev said that he will announce his next move at 5 pm on...
  • Ramdev to declare his next move, Gen Singh to join August 12, 2012

    New Delhi: Yoga guru Baba Ramdev is set to make a major announcement on the next step of his agitation on Sunday. Ramdev had deferred by a day the "big" announcement on the next course of his agitation on blackmoney and Lokpal Bill as former Army chief General VK Singh...
  • Ramdev's 3day symbolic fast to end today August 11, 2012

    New Delhi: Baba Ramdev's symbolic threeday fast at Ramlila Maidan in Delhi comes to an end on Saturday. However, on Friday Ramdev claimed that he would not leave his agitation until the government responded to his demands. Thousands of people have been camping at the Ramlila Maidan for the last...
  • Multipronged efforts to check blackmoney: Govt August 11, 2012

    New Delhi: Undisclosed income of Rs 49,325 crore has been detected in the country in the last three years while tax evasion of Rs 600 crore has been found on inputs from abroad under multipronged efforts to check blackmoney menace, government said on Friday. The...
  • Ramdev has right to voice his opinion: Nitish August 10, 2012

    Patna: Bihar Chief Minister Nitish Kumar has said yoga guru Ramdev had the right to voice his opinion on any issue in a democratic set up. The yoga guru had been proactive in raising several issues of national importance such as blackmoney, Kumar said on Thursday. Every individual in the country had...
  • BJP ready to support Ramdev's campaign: Rajnath August 10, 2012

    Ghaziabad: The BJP on Thursday said it is ready to provide active support to Yoga guru Ramdev's campaign against black money stashed abroad if he asks for it. "BJP has provided moral support to both Anna Hazare's and Ramdev's campaigns in the past and is even ready to lend active...
  • Yet to get an invite from Ramdev: Team Anna August 5, 2012

    New Delhi: Team Anna on Sunday said it was yet to get an invite from yoga guru Ramdev to join his indefinite protest against blackmoney which begins in New Delhi this Thursday. "We have not received any invite yet. When it (invite) comes, we will see," Team Anna member Arvind...
  • Anna, Ramdev attack govt on corruption July 17, 2012

    Pune: Ahead of their proposed protests in Delhi, Anna Hazare and yoga guru Ramdev on Tuesday launched an attack on the UPA government accusing it of not showing enough resolve in tackling corruption and bringing back black money stashed away abroad. Hazare and Ramdev said they will support each other in...
  • Can't commit to work under Anna's leadership: Ramdev June 4, 2012

    In an interview to CNNIBN, Ramdev defended his strategy of not naming individuals in his campaign against blackmoney. ...
  • Anna, Ramdev join hands but fail to woo public June 3, 2012

    New Delhi: The experiment by Baba Ramdev and Team Anna to join hands against corruption failed to elicit huge response with very few people turning up at the fast venue at Parliament Street in New Delhi on Sunday. Ramdev's prediction that thousands of supporters will gather in other cities hasn't...