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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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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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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Watch: ‘The Broken News’ returns for a second season
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‘Dil Dosti Dilemma’ trailer: A teenager bonds with her grandparents during a summer vacation
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‘Juna Furniture’ trailer: Mahesh Manjrekar directs and stars in film about ageing
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Start the week with a film: In ‘Tokyo Sonata’, the unequal music of an emotionally distant family
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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: Suryakumar, bowlers help Mumbai Indians seal thriller against Punjab Kings
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Cricket: Meg Lanning opens up about struggle with food and exercise that led to her early retirement
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Paris Olympics 2024: Long jumper Sreeshankar Murali ruled out of Games with knee injury
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Badminton: Kento Momota, former world champion, announces international retirement
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Chess, Candidates 2024: Gukesh Dommaraju drops to second after draw against Fabiano Caruana