BLACK

  • Amid intense government pressure, Swiss banks seek fresh undertakings from Indians 23 hours 58 minutes ago

    New Delhi: Seeking to come clean on illicit funds amid intense government pressure, Swiss banks have asked their Indian clients to provide fresh undertakings to ensure that untaxed money is not stashed in their accounts. Swiss banks, long perceived to be safe havens for parking unaccounted funds, have also started asking...
  • Germanwings forced to cancel flights after Airbus A320 crash 5 days ago

    Germanwings has had to cancel seven flights out of Dusseldorf because a number of crew members felt they were unfit to fly following news of the accident. Lufthansa CEO Carsten Spohr said Tuesday evening that he understood the crew members' sentiments. "One must not forget: many of our Germanwings crews have known...
  • Mauritius promises India full-cooperation on tax treaty issues 5 days ago

    Port Louis/New Delhi: Mauritius has promised full cooperation with India to address outstanding issues relating to their bilateral tax treaty, days after Prime Minister Narendra Modi's visit to the island nation. The much-talked about changes in India-Mauritius Double Taxation Avoidance Agreement (DTAA) have been hanging fire for a long time, despite...
  • Black money law: Foreign property to be taxed at current price 1 week ago

    New Delhi: Indians having undisclosed property abroad will have to pay tax and penalty on the basis of the current market value of the asset, and not at the purchase price, as per the new black money bill. However, the tax and penalty would take into account the part-disclosure, if...
  • Army conducts fire power display at Pokhran marking centenary celebrations of participation in World War I March 21, 2015

    Jaipur: The Indian Army conducted a fire power display at Pokhran in Jaisalmer district of Rajasthan marking the centenary celebrations of its participation in the first World War. Showcasing the Army's capabilities, proficiency and preparedness, the 'Fire Power Display' was held on Friday at the Pokhran field firing range and involved...
  • Kiran Nagarkar's 'Bedtime Story and Black Tulip' a terrific read March 20, 2015

    From the time I have started reading Kiran Nagarkar's books, I have wanted to read the banned play, "Bedtime Story". The play was banned when it first released in 1978 by the Shiv Sena and other fundamentalist parties. It has now been republished by Harper Collins India. For me the...
  • Black money bill likely to be tabled in Lok Sabha on Friday March 19, 2015

    New Delhi: To check the black money menace, a bill is likely to be tabled in the Lok Sabha on Friday with stringent provisions to prosecute those stashing illicit wealth abroad, with rigorous imprisonment of up to 10 years. The Undisclosed Foreign Income and Assets (Imposition of New Tax) Bill,...
  • Cabinet approves Bill to unearth black money March 17, 2015

    New Delhi: In a bid to unearth black money and illicit assets stashed abroad, the Union Cabinet on Tuesday approved a Bill with stringent provisions for prosecution of such offences with rigorous imprisonment of up to 10 years. "The Cabinet has approved Undisclosed Foreign Income and Assets (Imposition of New Tax)...
  • Jewellers threaten strike over 'black money' tax plan March 17, 2015

    New Delhi: Indian jewellers threatened on Monday to go on strike over a government plan that would require customers to quote their tax code for major purchases as part of a clampdown on the black economy. Jewellers say about 80 per cent of the $122 billion industry's business comes from rural...
  • Delhi Court to record pre-charge evidence against Dabur promoter Burman on March 18 March 16, 2015

    New Delhi: A Delhi court on Monday fixed March 18 for recording pre-charge evidence in an alleged tax evasion case lodged against Dabur promoter Pradip Burman, whose name has cropped up in a black money list submitted by the government to the Supreme Court. Additional Chief Metropolitan Magistrate Devendra Kumar Sharma...
  • President Vladimir Putin: Russia prepared raising nuclear readiness over Crimea March 15, 2015

    Moscow: Russia was ready to bring its nuclear weapons into a state of alert during last year's tensions over the Crimean Peninsula and the overthrow of Ukraine's president, President Vladimir Putin said in remarks aired on Sunday. Putin also expanded on a previous admission that the well-armed forces in unmarked uniforms...
  • Karnataka: Congress accuses JDS of practicing black magic, finds lemons, bangles in party office March 11, 2015

    Bengaluru: The Karnataka Congress has accused the Janata Dal Secular of practicing black magic against it and party workers said they found evidence of black magic rites almost everyday. The old Congress office in Bengaluru, had been taken over by the JDS for decades - but after a legal battle that...
  • Royal Enfield Continental GT black launched in India at Rs 2.13 lakh on-road March 7, 2015

    New Delhi: Royal Enfield has added a new colour to the Continental GT. The black Royal Enfield Continental GT is priced at Rs 2.13 lakh, on-road Delhi, the same price as the other colours, yellow and red. Mechanically there are no changes in the Continental GT Black. The motorcycle has clip-on...
  • Salman Khan illegal arms case: Verdict deferred further March 4, 2015

    Jaipur: The verdict in the case relating to illegal possession and use of arms by actor Salman Khan has been deferred further as the court in Jodhpur on Tuesday partly accepted nine-year-old applications of the prosecution. The Court of Chief Judicial Magistrate Anupama Bijlani also gave a last opportunity to the...
  • Government faces embarrassment in Rajya Sabha; opposition amendment passed March 3, 2015

    New Delhi: Government on Tuesday faced an embarrassment in the Rajya Sabha when an amendment moved by the opposition to the President's Address over corruption and black money was passed. The amendment was moved by CPI(M) members Sitaram Yechury and P Rajeeve and it was passed through Division of Votes after...
  • No definite date to bring back black money: Government March 3, 2015

    New Delhi: Government on Tuesday said that it was not possible to provide a definite timeline on bringing back the black money stashed abroad. "Sustained efforts made to obtain information about Indians having black money stashed abroad have already resulted in levy of taxes and penalty and launching of prosecution...
  • Court to announce verdict on Salman Khan black buck poaching case today March 3, 2015

    New Delhi: It is a crucial day for actor Salman Khan. A Jodhpur court will today pronounce verdict in the 1998 black buck poaching case. Salman and a few other Bollywood stars were accused of poaching blackbucks on the midnight of Oct 1-2, 1998 during the shooting of Hindi movie...
  • Ranbir Kapoor: Assisting Sanjay Leela Bhansali on 'Black' changed me from an aimless slacker to a worthy person March 2, 2015

    Mumbai: Actor Ranbir Kapoor, who started his career as an assistant director to filmmaker Sanjay Leela Bhansali, says if he has to pen down a portion of his life, then it would be the time when he assisted Bhansali on the film 'Black'. He says that phase transformed him completely from...
  • India @ 9 with Anchal Vohra March 1, 2015

    Catch the day's top stories with Anchal Vohra on India @ 9. ...
  • Narendra Modi regime cracks down on black money, will have one time compliance opportunity: sources March 1, 2015

    New Delhi: A day after Finance Minister Arun Jaitley presented his first full-fledged Budget, the Narendra Modi government took the first step towards cracking down on black money. The Centre will soon introduce one time compliance opportunity, said Finance Ministry sources on Sunday. Sources said the government expected huge revenue collection...
  • Budget 2015: India vows tough punishments to bring home 'black money' March 1, 2015

    New Delhi: India said it plans tougher punishments including jail terms of up to 10 years for those who hide undeclared cash outside the country and for the banks and advisers who help them, as it tries to bring back illicit billions stashed abroad. In his Budget address on Saturday, Finance...
  • Highlights of Union Budget 2015 February 28, 2015

    New Delhi: Following are the highlights of the Union Budget 2015-16 presented by Finance Minister Arun Jaitley in Parliament on Saturday: * No change in personal Income Tax * Health Insurance Premium deduction hiked from Rs 15,000 to Rs 25,000; for senior citizens to Rs 30,000 ...
  • '#TheDress' brings together, divides the world on Twitter February 27, 2015

    New Delhi: Twitter got rather too busy this morning as a very puzzling, time consuming and very important question faced its many million users. Solving this could solve their problems is what one would say after reading their reactions on twitter. The question is, what color is '#The Dress'? A...
  • Ram Jethmalani meets Anna Hazare to discuss black money issue February 26, 2015

    New Delhi: Noted advocate and former BJP leader Ram Jethmalani met anti corruption crusader Anna Hazare on Wednesday to discuss the issue of black money, which the saffron party had promised to bring back once it came to power. Lashing out at the government, Jethmalani said that the government was not...
  • Anna Hazare returns, targets Modi government's Land Ordinance; Kejriwal to participate on Tuesday February 23, 2015

    New Delhi: Anna Hazare, who shook the previous UPA government four years ago with his anti-corruption crusade, is back in the national capital to take on the BJP government of Prime Minister Narendra Modi for its "pro-rich" development agenda. Attacking Modi government's Land Acquisition, Rehabilitation and Resettlement Bill, Hazare said...
  • Black money: Income Tax department to file 100 more complaints in court February 22, 2015

    New Delhi: The Income Tax department is set to launch over 100 fresh prosecution complaints for "wilful" evasion of taxes against those entities and individuals whose names have figured in the HSBC, Geneva black money bank accounts list. The department, according to sources, is also expected to collect an additional revenue...
  • Black money is cancer; government committed to bring it back: Subramanian Swamy February 19, 2015

    New Delhi: Terming black money as cancer for society, BJP leader Subramanian Swamy on Thursday said the NDA government was committed to bring back to the country the illegally stashed money abroad. "The pace (to bring back black money) is slow. In my opinion, I am not happy with that. But...
  • 1993 Mumbai blasts convict fears for life during Maharashtra transit February 18, 2015

    Panaji: A Mapusa court on Wednesday granted a transit remand to a 1993 Mumbai serial bomb blasts case convict who is a member of Dawood Ibrahim gang and wanted by Maharashtra police in connection with a murder case. However, Shyam Kishor, who was apprehended on February 15, told the court...
  • Automatic information exchange with India latest by 2018: Swiss government February 15, 2015

    Berne/New Delhi: In its fight against black money menace, India will have to wait till 2018 for Switzerland to provide bank account details of Indians under the 'automatic information exchange' framework. Under a global framework, more than 40 jurisdictions including India had agreed to become 'early adopters' of an 'automatic exchange...
  • Black money: Government promises to widen probe February 10, 2015

    The black money net has widened with a new list by the HSBC claiming that nearly 1200 Indians hold accounts in Swiss Banks. The list includes top businessmen and politicians. ...