Black Money

  • India making all efforts to get Swiss bank account holders' list: Jaitley 3 days ago

    New Delhi: The NDA government on Friday said that it was making all efforts to procure the list of illegal bank account holders in Switzerland and was collecting evidence in this regard. Finance Minister Arun Jaitley also said in Lok Sabha that India was in the process of communication with the...
  • No official estimate on black money, says Jaitley July 11, 2014

    New Delhi: Finance Minister Arun Jaitley on Friday said there is no official estimate on black money and a study commissioned by the government to ascertain the amount are yet to be completed. Jaitley also informed the Lok Sabha that "sustained efforts" to obtain information about Indians having black money stashed...
  • All information about black money will be made public: Centre June 30, 2014

    Lucknow: The Centre will put in public domain all information it gets about black money stashed in foreign banks, Union Home Minister Rajnath Singh said on Monday. "The government will put all the information it gets regarding black money in public domain when the time comes. We will take steps keeping...
  • List of Indians with unaccounted money in Swiss banks may be out soon June 29, 2014

    New Delhi: In a step towards bringing back all the black money allegedly stashed away in Swiss banks as promised during the election campaigns, the new government at the Centre on Sunday wrote to the Switzerland government seeking bank details and names of Indians having unaccounted money. The latest request has...
  • Black money probe: India seeks details of secret accounts from Switzerland June 29, 2014

    New Delhi: As the Indian government expands its efforts to combat the menace of black money, it has made a fresh request to Switzerland seeking secret bank details and names of Indians who have unaccounted money in Swiss banks. Earlier this week, the Switzerland said that it was readying a list...
  • Black money: SIT asks agencies to share data on ongoing cases June 29, 2014

    New Delhi: The Special Investigation Team (SIT) on black money has sought details of all major cases of tax evasion and criminal financial fraud being probed by various investigative agencies which are mandated to keep a check on such instances. Sources said that the SIT headed by retired Supreme Court Justice M...
  • AP House adopts resolution towards creating a graft-free state June 24, 2014

    Hyderabad:The Andhra Pradesh Legislative Assembly today adopted a resolution requesting the Centre to take all possible measures to create a corruption-free India and eradicate the menace of black money. The state government, in the resolution adopted unanimously by the Assembly, promised to take all necessary measures to create a corruption-free AP...
  • India @ 9 with Bhupendra Chaubey June 23, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • Will we ever get to know who are the real beneficiaries of black money stashed abroad? June 23, 2014

    The Reserve Bank of India on Monday directed all banks and financial institutions to provide information and documents sought by the Special Investigation Team (SIT) set up to unearth black money. ...
  • News 360: DU, UGC in open war over 4-year course, admissions deferred June 23, 2014

    There has been an open war between the University Grants Commission and the Delhi University over the 4-year Undergraduate Program offered by the university. The conflict has now hit the admissions process which was scheduled to begin on Tuesday. The Delhi University Principals Association has said that the admissions process...
  • RBI asks banks to give information to SIT on black money June 23, 2014

    Mumbai: The Reserve Bank of India on Monday directed all banks and financial institutions to provide information and documents sought by the Special Investigation Team (SIT) set up to unearth black money. "All the banks and financial institutions (FIs) are advised to ensure that information/documents required by the SIT are made...
  • India to seek expeditious sharing of bank information from Swiss government June 23, 2014

    New Delhi: Seeking to expedite information sharing from the European nation, Finance Minister Arun Jaitley on Monday said the government will write to Switzerland seeking details of Indians having unaccounted money in Swiss banks. The Minister's remark comes a day after a Swiss government official told PTI that names of...
  • Will speak to Swiss Bank on Indians depositing unaccounted money June 23, 2014

    Union Defence Minister Arun Jaitley on Monday said that he would write to the authorities of Swiss Bank and request for expedite process of sharing of information on bank accounts held by Indians. ...
  • Black money probe: India to get Swiss bank details, SIT promises action June 22, 2014

    New Delhi: India's efforts to crackdown on black money stashed abroad today got a major boost with Switzerland readying a list of Indians suspected to have un-taxed money in Swiss banks, while Special Investigation Team constituted by Indian government promised action if any illegality is found. The names of certain...
  • Swiss government prepares list of Indians with suspected black money June 22, 2014

    Zurich: In a major boost to India's fight against black money, Switzerland has prepared a list of Indians suspected to have stashed un-taxed wealth in Swiss banks and the details are being shared with Indian government. The names of these Indian individuals and entities have come under scanner of the Swiss...
  • Black money SIT decides to solve tax treaties' secrecy puzzle June 8, 2014

    New Delhi: Tasked with the job of recovering illicit wealth stashed away by Indians, the SIT on black money has decided to look into the contentious issue of secrecy clauses in India's tax treaties with Switzerland and other countries. India has signed tax information exchange treaties with many countries, but they...
  • India @ 9 with Rajdeep Sardesai June 2, 2014

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • SIT will identify target areas for recovery of black money: sources June 2, 2014

    New Delhi: The Special Investigation Team on black money will meet shortly to decide its future course of action after its first meet on Monday. ...
  • Will the SIT be truly effective in bringing back black money to the country? June 2, 2014

    The Special Investigation Team formed by the Centre to probe black money held its first high-level meeting in the national capital on Monday. The meeting was chaired by retired Supreme Court judge Justice MB Shah. SIT Vice-Chairman retired Justice Arijit Pasayat and top officials of 11 high-profile agencies and departments...
  • SIT on black money holds its first meeting June 14, 2014

    New Delhi: The Special Investigation Team formed by the Centre to probe black money held its first high-level meeting in the national capital on Monday. The meeting was chaired by retired Supreme Court judge Justice M B Shah. SIT Vice-Chairman retired Justice Arijit Pasayat and top officials of 11 high-profile...
  • SIT on black money to hold its first meeting on Monday June 1, 2014

    New Delhi: The first high-level meeting of the Special Investigation Team (SIT) on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held in New Delhi on June 2. Officials said that the Department of Revenue under Finance Ministry has...
  • SIT on black money to hold its first meeting on June 4 May 29, 2014

    New Delhi: The first high-level meeting of the Special Investigation Team (SIT) on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held in New Delhi on June 4. Officials said the Department of Revenue under Finance Ministry has issued...
  • Shivraj lauds Centre's initiative to set up SIT to unearth black money May 28, 2014

    Madhya Pradesh Chief Minister Shivraj Singh Chouhan has lauded the central government's decision to constitute a Special Investigation Team (SIT) to unearth black money. "The Union Cabinet in its maiden meeting has taken a historic decision to constitute SIT for bringing back black money stashed abroad," Chouhan posted in a tweet...
  • Enormous task ahead, says SIT black money probe panel chief MB Shah May 28, 2014

    New Delhi: A day after the government constituted a Special Investigation Team to bring back black money, retired SC Judge Justice MB Shah, who is heading the SIT said the committee has an enormous task ahead of it. "The task is enormous. It will take some time. We will have...
  • Will ensure speedy probe in black money issue: SIT chief Shah May 27, 2014

    Ahmedabad: The former Supreme Court judge chosen by the Centre to head the Special Investigation Team (SIT) into the black money issue on Tuesday assured a speedy probe despite a number of "complexities" involved in the matter. The Narendra Modi government on Tuesday constituted the SIT headed by former SC...
  • Modi government forms SIT to probe black money as per SC orders June 14, 2014

    New Delhi: In a major step, the Narendra Modi government in its first ever Cabinet meet formed a Special Investigation Team to probe black money following the Supreme Court orders. The SIT will be headed by former Supreme Court judge M B Shah and will include Revenue Secretary, CBI and IB...
  • Black money: SC gives a week's time to Centre to constitute SIT May 23, 2014

    New Delhi: The Supreme Court on Friday gave a week's time to the Centre to constitute a Special Investigation Team (SIT) to probe the black money case. The apex court directed that all documents relating to black money be kept in the safe custody of a secretary-level officer of the...
  • UPA govt seeks review of SC order on black money May 16, 2014

    In a last ditch effort to stall setting up of an SIT to monitor all black money cases as directed by the Supreme Court, UPA government on Friday sought review of its judgements constituting the panel under its former judge M B Shah. The Centre, which is at end of the...
  • Info requests beyond tax pact cannot be entertained: Swiss government May 8, 2014

    New Delhi: With India stepping up pressure for data on alleged illicit funds parked in Swiss banks, Switzerland has asserted that it cannot positively respond to requests which are beyond the ambit of bilateral tax treaty. Reiterating that it is committed to fighting tax evasion, Switzerland also said both nations should...
  • Swiss black money probe: Over 100 entities under scanner May 7, 2014

    New Delhi: As India steps up its pressure on Switzerland to get details of suspected tax evaders having bank accounts in the European nation, a discreet probe is underway of each stock market dealing of over 100 entities linked to these cases to detect possible re-routing of black money. The entities...