New Delhi: Within a month of stitching an alliance to fight corruption, Team Anna is now fuming at yoga guru Ramdev for his 'one-upmanship' and 'not taking into confidence' Anna Hazare while announcing the future course of action. Hazare had a meeting with Ramdev on Friday at Gurgaon following which a Press Conference was arranged, which Team Anna claims they were unaware of. At the Press Conference, Hazare and Ramdev...
01:15 PM, Apr 21, 2012
Pune: Social activist Anna Hazare on Thursday advised the Congress-led UPA government to 'shed ego' and get the Jan Lokpal bill passed in current session of Parliament. "I am hopeful the Lokpal bill will come up before Parliament before conclusion of current session by May end. The government should shed ego and think of the country and society (by enacting a strong Lokpal Bill)," he told reporters in Pune. Anna...
10:09 PM, Apr 19, 2012
New Delhi: Yoga guru Baba Ramdev has announced that he will hold a day-long fast at Delhi's Jantar Mantar on June 3, exactly a year after he was forcibly evicted from the Ramlila Maidan in the capital in a midnight crackdown. Ramdev says the fast is part of his campaign against black money. "Will sit on one day fast on June 3 at the Jantar mantar. We resume the second...
03:02 PM, Apr 01, 2012
New Delhi: The Indian government's best kept secret for the past one year is out. The embattled Congress-led United Progressive Alliance (UPA) government is sitting on the financial coup of the century. The content of a set of highly sensitive documents from the Finance Ministry could not only salvage the deadlocked politics of a scam-riddled coalition but help push India ahead of China as the world's second largest economy as...
12:01 AM, Apr 01, 2012
Berlin: Swiss authorities have issued arrest warrants for three German tax inspectors over the purchase in 2010 of a CD containing data on suspected tax cheats, according to a German newspaper, infuriating a German state governor. The Bild am Sonntag newspaper reported today that the Swiss accused the officials of "economic espionage" in a letter to authorities in the German state of North Rhine-Westphalia. It quoted state governor Hannelore Kraft...
09:35 PM, Mar 31, 2012
New Delhi: In what can be seen as an ultimatum to the government, anti-corruption activist Anna Hazare has calling for FIRs against 14 ministers for alleged corruption. Anna has warned a jail bharo andolan if no action is taken against the ministers by August. Setting a deadline for the government, Anna warned, "By August if FIR's are not filed against tainted ministers then be ready for Jail Bharo Andolan." Speaking...
07:50 AM, Mar 26, 2012
Haridwar: Joining hands, social activist Anna Hazare and Yoga guru Baba Ramdev on Tuesday announced they would jointly fight for a strong Lokpal Bill and to bring back black money stashed in foreign banks. Hazare, flanked by his team members Arvind Kejriwal and Manish Sisodia, said he would continue his fight against graft and for a strong and an effective Lokpal Bill. He had come to Haridwar to muster support...
03:39 AM, Mar 21, 2012
New Delhi: Mandatory reporting of assets held by individuals abroad and re-opening of I-T return filings up to 16 years in this regard are among the steps being proposed by the government to tackle the menace of black money. "I propose a series of measures to deter the generation and use of unaccounted money," Finance Minister Pranab Mukherjee said while presenting the Budget for 2012-13 on Friday. The government has...
04:49 AM, Mar 17, 2012
New Delhi: To check the menace of black money, the government on Friday proposed a slew of measures, including I-T return assessment up to 16 years with regard to assets held abroad and tax deduction at source (TDS) on transfer of immovable property and gold purchase. "I propose a series of measures to deter the generation and use of unaccounted money," Finance Minister Pranab Mukherjee said while presenting the Budget...
03:25 PM, Mar 16, 2012
New Delhi: Barring criminals from contesting and checking use of black money in elections top his reform agenda, Chief Election Commissioner SY Quraishi said on Friday. "Barring criminals from contesting and checking use of black money in elections are top reform proposals," said Quraishi while delivering a lecture here on poll reforms. He said the proposals are pending with the Centre for two decades and parliament has to decide on...
12:22 AM, Mar 10, 2012
Panaji: Targetting the Bharatiya Janata Party (BJP) for campaigning against the UPA government over its "failure" in bringing back black money stashed abroad, Congress president Sonia Gandhi on Saturday asked why the BJP-led NDA government did not act upon it when it was in power. "The BJP keeps talking of corruption and black money stashed abroad. Of course, we must do everything to bring back black money, if at all...
07:07 PM, Feb 25, 2012
New Delhi: The CBI on Friday stressed the need for cooperation with international law enforcement agencies to trace and recover illegal wealth stashed abroad. "In today's globalised context, effective international cooperation in essential for fighting corruption that transcends international boundaries. "We need to engage with each other at all levels to effectively deal with those criminals indulging in corrupt practices at a multi-national level. This requires more effective cooperation among...
05:09 PM, Feb 17, 2012
New Delhi: Days after CBI Chief's statement that Indians are the largest depositors in Swiss banks, Switzerland on Thursday said such estimates and statistics lack evidence and are uncorroborated. In an unusual step, the Embassy of Switzerland here issued a press release saying, "it wishes to make a clarification in view of unsubstantiated media reports that have been recently published about Switzerland and Swiss Banks." But, the release, which did...
06:07 PM, Feb 16, 2012
New Delhi: The Government's efforts to deal with the menace of black money helped in checking tax evasion as alert revenue officials prevented illegal outflow of over Rs 66,000 crore by MNCs during the last fiscal. "The Directorate of Transfer Pricing in the Ministry (of Finance) helped in saving Rs 66,085 crore during the last year by timely stopping the illegal transfer of money through transfer pricing," Finance Minister Pranab...
07:11 PM, Feb 15, 2012
Speaking on the issue, CBI Director AP Singh said the largest depositors in Swiss Banks were reported to be Indians. ...
05:44 PM, Feb 13, 2012
New Delhi: Indians are the largest depositors in banks abroad with an estimated $ 500 billion (nearly Rs 24.5 lakh crore) of illegal money stashed by them in tax havens, the CBI Director AP Singh said on Monday. Here is the full text of the CBI Director's speech: On behalf of the Central Bureau of Investigation, I extend a very warm welcome to all of you present here today for...
05:36 PM, Feb 13, 2012
New Delhi: Indians are the largest depositors in banks abroad with an estimated $ 500 billion (nearly Rs 24.5 lakh crore) of illegal money stashed by them in tax havens, the CBI Director said on Monday. India, in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin Islands etc. "It is estimated that around 500 billion dollars of illegal money...
03:19 PM, Feb 13, 2012
Bangalore: The Government on Friday said an amnesty scheme for bringing back black money is not on the cards though it is working on regulatory mechanisms to eliminate its root cause in the face of "lots of legal impediments" to target those funds stashed abroad. Asked if there is a move for an amnesty scheme to bring back black money, Union Corporate Affairs Minister M Veerappa Moily said, "Whether the...
09:28 PM, Feb 10, 2012
Varanasi: The scrapping of 122 2G spectrum licenses by the apex court has proved that the Congress-led UPA government is the "most corrupt" dispensation in the world, yoga guru Ramdev on Sunday said. Ramdev called for a "political ostracism" of the Congress by not voting for it. "With the cancellation of licenses, granted by the UPA government, it is again proved that this is the most corrupt government in the...
06:33 PM, Feb 05, 2012
New Delhi: Taking another step towards combating black money, India has signed a multi-lateral agreement with economic powers like France and Germany to check both tax evasion and avoidance. The agreement, convention on mutual administrative assistance in tax matters, is a multilateral agreement of 31 other nations which "promotes international co-operation while respecting the rights of taxpayers." The agreement has been signed under the aegis of the Organisation for Economic...
07:15 PM, Jan 26, 2012
