Bank Accounts

  • Switzerland not sharing information on bank accounts of Indians: Chidambaram 27-03-2014 12:19 PM

    New Delhi: Upping the ante against Switzerland for not sharing information on Indians stashing money in its banks, Finance Minister P Chidambaram has threatened to drag the European nation to multilateral foras like G20 for continuing to block its requests. Chidambaram, in a terse two-page letter to his Swiss counterpart...
  • I-T to act against those who have accounts in HSBC Geneva 28-11-2012 03:53 PM

    New Delhi: The Income Tax department has decided to begin prosecution action against those having "substantial" amounts in their bank accounts in HSBC's Geneva branch. The department has now written to the Finance Ministry to suggest a benchmark for funds held on the basis of which the I-T department can...
  • Black money: I-T approaches Swiss authorities 18-11-2012 11:30 AM

    New Delhi: The Income Tax department, probing the secret list of account holders in the Geneva branch of HSBC bank, has approached Swiss revenue authorities for banking data of certain individuals after investigations showed some of them reportedly had other accounts under fictitious names. The department, which approached the Finance...
  • Govt targeting the small fry, sparing the corrupt: Kejriwal 10-11-2012 06:44 PM

    New Delhi: India Against Corruption (IAC) activist-turned-politician Arvind Kejriwal has refused to accept the government's statement that explained that a probe had been initiated into the information provided by the government of France regarding several Indians who had accounts in foreign banks. Speaking to reporters, Kejriwal said he had five...
  • Govt counters IAC, says details on black money being probed 10-11-2012 04:19 PM

    New Delhi: The government on Saturday countered India Against Corruption (IAC) activist Arvind Kejriwal's claims that it is not acting on the alleged black money list handed over by the French government in 2010. In a statement, the government said that the information received from the French government had been...
  • Congress MP Annu Tandon rubbishes Kejriwal's allegations 09-11-2012 08:54 PM

    Congress MP Annu Tandon had rubbished all the allegations made by Arvind Kejriwal against her saying they are completely baseless and malicious. "I deny any such rubbish and whatever he is talking, I don't know about any such thing," she said. ...
  • Wary about secret bank accouts, IT asks for oath 08-01-2012 12:30 PM

    New Delhi: In order to guard against possible leakage of names figuring in the secret bank accounts lists it has received from foreign shores, the CBDT has ordered the IT department to obtain a signed undertaking from any government entity or department who demands the data for their own probe....
  • SC allows Adarsh Society to open bank account 09-12-2011 07:56 PM

    New Delhi: Scam-tainted Adarsh Cooperative Housing Society of Mumbai was on Friday allowed by the Supreme Court to open a bank account in a nationalised bank for raising money for day-to-day functioning. A Bench comprising justices HL Dattu and CK Prasad gave conditional permission to the Society directing it to...
  • Name MPs who have Swiss bank accounts: Varun Gandhi 04-11-2011 01:53 PM

    BJP MP Varun Gandhi filed a RTI on Friday saying that the government needs to name the MPs who have Swiss bank accounts. ...
  • Adarsh: plea for de-freezing bank a/c dismissed 27-07-2011 11:50 AM

    Mumbai: The Bombay High Court on Wednesday dismissed a petition filed by the controversial Adarsh Housing Society seeking de-freezing of its bank accounts. The CBI had in January frozen two bank accounts of the Society after registering a case against 14 accused including several members of the society. A division...
  • RoC to submit report on Speak Asia by July 10 03-07-2011 05:35 PM

    New Delhi: The Corporate Affairs Ministry has asked the Registar of Companies (RoC) to inspect the books of accounts of the controversial multi-level marketing company Speak Asia and submit its report to the government by July 10. The Singapore-based company Speak Asia, which is yet to be incorporated as a...
  • Speak Asia gets funds from Singapore bank 07-06-2011 09:41 PM

    New Delhi: Multi-level marketing company Speak Asia on Tuesday said it has received funds from Singapore-based United Overseas Bank, which closed the entity's account last month. "We wish to also inform that more than $16 million is available for use and disbursal as soon as a new account is opened...
  • Vested interests trying to discredit Lokpal bill 28-05-2011 05:26 PM

    Bangalore: Lokpal Bill joint draft committee member Arvind Kejriwal on Saturday alleged that vested interests seemed to have ganged up to discredit the proposed legislation by unleashing a sustained campaign to spread misconceptions and falsehood. He said vested interests first made an attack on the individual members of the committee...
  • Speak Asia's Singapore bank accounts frozen 27-05-2011 01:41 PM

    Mumbai: Market research company Speak Asia has stopped payouts to its vendors, clients and staff. In a letter to its members, Speak Asia says payments cannot be processed since its bank accounts in Singapore have been frozen. CNN-IBN had first reported how the market research agency is under the scanner...
  • Govt not doing anything about black money: Advani 26-04-2011 06:46 PM

    New Delhi: In the wake of comments by WikiLeaks chief Julian Assange about black money stashed abroad by Indians, BJP on Tuesday alleged that the UPA government was not making any effort to bring it back despite being pulled up by the Supreme Court. Speaking to reporters in Burdwan, West...
  • SC takes on government over blackmoney probe 21-04-2011 06:10 PM

    New Delhi: "Was the government sleeping all these years on the issue of blackmoney," the Supreme Court said on Thursday while criticising the Centre's probe restricting to an individual and being evasive about the idea of an investigation by the Special Investigating Team. The apex court said the investigation into...
  • 'Inclusive growth biggest challenge for India' 12-03-2011 09:04 PM

    New Delhi: The biggest challenge for India today is to ensure inclusive growth, Finance Minister Pranab Mukherjee said on Saturday. Financial inclusion is an important priority of the government as only 38 per cent of the 87,051 bank branches of commercial banks are in rural areas and only 40 per...
  • Hosni Mubarak moves assets to Gulf states 14-02-2011 04:01 PM

    New York: Ousted Egyptian President Hosni Mubarak has reportedly moved his family assets from European banks to institutions in Gulf region after Swiss authorities took steps to freeze his foreign accounts. "We're aware of some urgent conversations within the Mubarak family about how to save these assets," a senior intelligence...
  • Bank accounts of Karmapa backed Trust frozen 04-02-2011 07:23 PM

    Shimla/Dharamsala: Bank accounts of a Trust backed by Karmapa Ugyen Trinley Dorje and its trustees have been frozen in connection with the probe into the seizure of a huge amount of foreign currency from a transit home of the Tibetan spiritual leader. "It (freezing of bank accounts) is part of...
  • Will money stashed in Swiss banks ever return? 18-01-2011 11:48 PM

    On Talking Point, Rajdeep Sardesai asks, will money stashed in Swiss bank accounts ever come back to India? ...
  • India, Switzerland to sign double tax avoidance pact 31-08-2010 10:17 AM

    This pact will help India get the details of suspected tax evaders and trace the black money in Swiss bank accounts. ...
  • Watch: Cash, lies and Madhu Koda 05-11-2009 12:57 AM

    CNN-IBN unravels the multi-billion dollar empire of Madhu Koda. ...
  • Koda's home sealed, hidden stash traced 04-11-2009 09:16 PM

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  • FTE: Black money allegations in polls 23-04-2009 02:04 AM

    Congress says BJP's campaign based on wrong numbers. ...