Tag: Black Money
17 Results
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“Heard nothing…” Swiss Ambassador Ralf Heckner opens up on allegation of black money from India stashed in Switzerland
"The black money issue has been dealt with by a bilateral treaty between Switzerland and India in 2018 on the automatic exchange of banking information between Switzerland and India (in both directions)," said Heckner.
January 9, 2023 -
SC dismisses plea for improving India’s ranking on global Corruption Perception Index
The plea said that India has been ranked at the 80th position among 180 countries and territories in the Corruption Perception Index (CPI)
November 2, 2022 -
Unearthed Rs 184 cr black income in Pawar kin-related raids: IT Dept
The sleuths gathered evidence of prima-facie unaccounted and 'benami' transactions, incriminating documents, etc from the two realty groups of around Rs 184 crore.
October 15, 2021 -
PM Modi says demonetisation helped in reducing black money, gave boost to transparency
The move led to nearly 86 per cent of the currency in circulation becoming null and void from the midnight of the announcement.
November 8, 2020 -
Elusive Achche Din
Fiscal and tax policies alone will not be enough to bring about achche din. The bottom line is: Government efforts alone cannot bring achche din, but acting in tandem, progressive policies of the Government, the enterprising nature of our business class and the efforts of our people can definitely bring achche din for us.
March 28, 2020 -
ED attaches properties worth Rs 4.6 cr in fake currency case
The ED has registered a case of money laundering against Biswas and others on the basis of FIR registered by NIA under Unlawful Activities (Prevention) Act, 1967 in the fake notes case.
January 31, 2020 -
India gets first tranche of citizens’ Swiss Bank info under AEOI agreement with Switzerland
The automatic exchange of information with India is being implemented based on the Multilateral Competent Authority Agreement on the Automatic Exchange of Financial Account Information (MCAA).
October 8, 2019 -
Roy slams Mamata over black money remark
BJP leader claims Banerjee herself is in possesion of huge black money and she should first return them, then demand for its recovery.
July 23, 2019 -
2% TDS for cash withdrawals above Rs 1 crore proposed
The Finance Minister also proposed that business establishments with an annual turnover of more than Rs 50 crore shall offer low cost digital modes of payment to their customers and no charges or Merchant Discount Rate (MDR) shall be imposed on customers as well as merchants.
July 5, 2019 -
The battle against black money
While tainted money and corruption cant be completely eradicated, the present dispensation has been zealously pursuing policies to minimise them
January 24, 2019 -
Aim to formalise economy, not ban cash: Jaitley on demonetisation anniversary
On 8 November 2016, Prime Minister Narendra Modi announced the biggest-ever demonetisation exercise India has ever seen by abruptly withdrawing Rs 500 and Rs 1,000 notes from public use.
November 8, 2018 -
IRS officer Sanjay Kumar Mishra appointed new ED chief
Sanjay Kumar Mishra will take over from incumbent Karnal Singh whose tenure at the agency ends on Sunday.
October 27, 2018 -
Alienated Achievers
Nothing could be as pleasing as the news that a Kolkata-born Keralite, a Jawaharlal Nehru University ( JNU) alumnus to boot ~ amongst Gita Gopinath’s other stupendous academic credentials ~ has been appointed as the first ever woman chief economist at the International Monetary Fund. Kolkata, Kerala and the JNU are all anathema to the...
October 6, 2018 -
BJP should explain unfulfilled poll promises, says Amarinder
Amarinder Singh on Sunday said instead of questioning his government’s functioning, the saffron party should explain the reason for not fulfilling the promises made to the people in 2014 Lok Sabha polls.
October 1, 2018 -
India, Switzerland discuss bilateral ties, black money
Following on the Indian government's drive to curb black money, the ministers discussed the activation of automatic exchange of information.
August 10, 2018 -
Mayawati questions PM Modi’s silence on black money
The 62-year-old leader asked why the Modi government has failed in preventing people like Nirav Modi and Vijay Mallya from fleeing the country.
July 1, 2018 -
I-T department attaches benami assets worth over Rs 3500 crore in raids
As part of its crackdown against black money, the Finance Ministry on Thursday said the Income Tax Department has attached 900 benami properties, including flats, shops, jewellery and vehicles worth more than Rs 3,500 crore under the ‘Prohibition of Benami Property Transactions Act’, which came into force from 1 November, 2016. In five cases, the...
January 12, 2018