Black Money
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Bombay HC stays IT department notice to Anil Ambani under Black Money Act
The Reliance Group chairperson was served the notice for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore.
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Black money: No estimate of amount stashed in foreign accounts for last 5 years, Centre tells RS
The Centre said that 648 disclosures about foreign assets worth Rs 4,164 crore were made during a one-time compliance window in September 2015.
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No official estimate of black money stashed in Swiss banks for last 10 years, says Centre
Data from the Swiss National Bank shows that funds parked by Indian individuals and firms in Swiss banks rose to its highest level in 13 years in 2020.
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Trending
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Memoir: A journalist remembers the 1960s and how the Naxal movement was portrayed in books and films
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Mumbai principal sacked after being targeted by Hindutva website; says she is mulling legal action
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Congress moves Madras HC seeking Election Commission action against Modi for propagating hate speech
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‘What does it take / to let go?’: There’s a new anthology of English haikus written by Indian poets
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Start the week with a film: Why ‘Manjummel Boys’ was a blockbuster
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Centre refuses to reveal details of Indians’ Swiss bank accounts in response to RTI query
The Union finance ministry also refused to disclose black money-related information received from other countries.
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Rs 2,000 note is main denomination for hoarding of unaccounted income, assets, says Centre
As much 67.91% of the unaccounted cash was in the form of Rs 2,000 notes in 2017-’18, 65.93% in 2018-’19, and 43.22% in the 2019-’20 financial years.
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Centre refuses to share black money details obtained from Switzerland, cites confidentiality: PTI
The Finance Ministry said that India and Switzerland share information on black money on case-to-case basis.
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Video
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‘Hind’s Hall’: Rapper Macklemore releases poignant song in support of Palestine, US campus protests
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Met Gala 2024: From Alia Bhatt to Isha Ambani, what Indians in attendance wore
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Watch: South Korean band performs Rabindra Sangeet accompanied by traditional Korean instruments
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Watch: This man fused hip-hop with Bharatnatyam to dance to Shakira’s ‘Hips Don’t Lie’
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Watch: Comedian hilariously mimics different types of announcements at railway stations
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Finance Ministry refuses to share details on amount of black money held by Indians: Report
The ministry said in response to a Right to Information query that these reports are being examined by a Parliamentary panel.
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PMO declines CIC’s order to share details of black money brought back from abroad
The Prime Minister’s Office cited a provision of the RTI Act that bars the disclosure of information that may impede investigation and prosecution of offenders.
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Piyush Goyal dismisses Rahul Gandhi’s claim that black money deposits in Swiss banks have grown
The finance minister said Indian deposits in these banks have in fact declined by 34% in 2017.
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The Reel
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Watch: Politics, ambition and crime in Vasantha Balan’s ‘Thalaimai Seyalagam’
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How the fantasy film ‘Pathala Bhairavi’ heavily influenced Telugu cinema
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Watch: Manoj Bajpayee’s hundredth movie ‘Bhaiyya Ji’ is a revenge drama
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Start the week with a film: Why ‘Manjummel Boys’ was a blockbuster
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How actor Shahana Goswami flies under the radar and above the competition
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Finance ministry refuses to share information on black money held by Indians under RTI Act: PTI
The disclosure will be a breach of privilege of Parliament, it said.
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Arun Jaitley says money deposited in Swiss banks may belong to people of Indian origin, NRIs
The finance minister said the government can take action only against Indian residents who park funds illegally.
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India will receive data on black money in Swiss banks by 2019 financial year, says Piyush Goyal
Why assume this is black money, asked the minister after Swiss National Bank’s annual report said funds parked by Indians rose by over 50% in 2017.
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The Field
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IPL 2024: Travis Head and Abhishek Sharma lead Hyderabad to crushing 10-wicket win over Lucknow
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Badminton: India to host World Junior Badminton Championships 2025 in Guwahati
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Athletics: Neeraj Chopra to compete in India for first time since Tokyo Olympics
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IPL 2024: Delhi Capitals stay in playoff hunt with win over Rajasthan Royals in high-scoring clash
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Boxing, Asian U22 & Youth C’ships: Paris Olympic-bound Preeti among seven gold medallists for India