Arun Jaitley On Black Money
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Pakistan Should Be On Global Watchdog's Black List, Says Arun Jaitley
India on Thursday said that Pakistan should be put on the blacklist for countries who are not cooperating in the global fight against money laundering and terrorist financing.
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Arun Jaitley Defends Electoral Bonds, Seeks Alternatives From Opponents
Finance Minister Arun Jaitley on Thursday defended the electoral bond scheme saying if donors are forced to disclose their names, the system of political funding through cash and black money will return.
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Notes Ban Led To Formalisation Of Economy, Expanded Tax Base: Arun Jaitley
The government had on November 8, 2016, announced ban on old 500 and 1000 rupee notes, to curb black money in the system.
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"Understand Basics": Arun Jaitley Counters Congress On Swiss Bank Data
Arun Jaitley hit back at the Congress for assuming that a spike in Swiss Bank deposits by Indians was due to black money, asserting that those who participate in a public discourse must understand "basic facts".
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Income Tax Raided Nirav Modi Firms In January Last Year: Sources
Right after PM Narendra Modi banned high-denomination notes, Nirav Modi, the celebrity diamond designer blamed for one of the country's largest bank fraud, had been raided by income tax officials in January 2017 as part of the crackdown on black money, sources have said.
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Demonetisation Anniversary: Arun Jaitley Says Terror Funding Through Counterfeit Notes Has Fallen
A year after demonetisation, Finance Minister Arun Jaitley on Wednesday said terror funding through counterfeit currency had come down drastically in Jammu and Kashmir and Chhattisgarh.
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Ethical To Let Millions Suffer? P Chidambaram Asks Arun Jaitley On Notes Ban
Congress leader P Chidambaram launched a scathing attack on the Centre and Finance Minister Arun Jaitley on the anniversary of the notes ban decision today, asking whether it was "ethical" to heap misery on millions of people.
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'Fought And Won Decisive Battle,' Says PM Modi On Notes Ban: 10 Points
Prime Minister Narendra Modi tweeted a seven-minute film early on Wednesday morning that he said encapsulates "the benefits of demonetisation," also stating that "125 crore Indians fought a decisive battle and WON." A year ago today, the Prime Minister had suddenly banned high value notes yanking 86 per cent of the currency in circulation at the ti...
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To Manmohan Singh's Jibe From Gujarat, Arun Jaitley's Stinging Takedown
Hours after former Prime Minister Manmohan Singh renewed his criticism of the NDA government's sudden ban on high value notes that he has called "organised loot", Finance Minister Arun Jaitley delivered a stinging rebuttal. Mr Jaitley said an exercise backed by "an ethical and moral rationale" was being described as loot, before going on to refer t...
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Did Demonetisation Increase Tax Base? Not Really
If the government is to be believed, the ban on high-value currency led to a significant surge in India's tax base over the past year. To back this claim, the government has released a deluge of data. Including the claim that that there was a 25 per cent increase in tax returns in the April-August 2017 period, compared to the same period last year....
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Can't Let Shadow Economy Be Larger Than Real Economy: Arun Jaitley
Terming tax-paying as a "patriotic duty", Finance Minister Arun Jaitley today said given our aspiration to be a dominant player on the world stage, we cannot afford to be a place where the shadow economy is bigger than the real economy.
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Anti-Black Money Day To Be Observed On November 8, Says Arun Jaitley - Highlights
Finance Minister Arun Jaitley today said November 8 will be observed as "anti-black money day". It was on this day last year that Prime Minister Narendra Modi announced the notes ban move that scrapped Rs 500 and Rs 1,000 notes overnight. "Demonetisation was a big step," Mr Jaitley said today.
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Notes Ban 'Largest Money-Laundering Scheme Ever': Arun Shourie To NDTV
Arun Shourie, former union minister, was categorical today in blaming the economic slowdown on Prime Minister Narendra Modi's shock outlawing of high-denomination notes a year ago. "It was the largest money-laundering scheme ever, conceived and implemented entirely by the government," Mr Shourie told NDTV today
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Government Freezes 2 Lakh Bank Accounts Of Suspected Shell Companies
The bank accounts of 209,032 suspected shell companies have been frozen as part of a crackdown on illegal transactions and tax evasion, the Finance Ministry said on Tuesday
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99 Percent Of Banned Notes Back, But Government Says Aim Met: 10 Points
Indians have returned almost all of the estimated Rs 15.44 lakh crore ($242 billion) in currency banned by Prime Minister Narendra Modi in a shock move in November, the Reserve Bank of India (RBI) said in its annual report on Wednesday. The Finance Ministry, in a statement, said a "significant portion" of it could be black money. The tax authoritie...
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Pakistan Should Be On Global Watchdog's Black List, Says Arun Jaitley
India on Thursday said that Pakistan should be put on the blacklist for countries who are not cooperating in the global fight against money laundering and terrorist financing.
-
Arun Jaitley Defends Electoral Bonds, Seeks Alternatives From Opponents
Finance Minister Arun Jaitley on Thursday defended the electoral bond scheme saying if donors are forced to disclose their names, the system of political funding through cash and black money will return.
-
Notes Ban Led To Formalisation Of Economy, Expanded Tax Base: Arun Jaitley
The government had on November 8, 2016, announced ban on old 500 and 1000 rupee notes, to curb black money in the system.
-
"Understand Basics": Arun Jaitley Counters Congress On Swiss Bank Data
Arun Jaitley hit back at the Congress for assuming that a spike in Swiss Bank deposits by Indians was due to black money, asserting that those who participate in a public discourse must understand "basic facts".
-
Income Tax Raided Nirav Modi Firms In January Last Year: Sources
Right after PM Narendra Modi banned high-denomination notes, Nirav Modi, the celebrity diamond designer blamed for one of the country's largest bank fraud, had been raided by income tax officials in January 2017 as part of the crackdown on black money, sources have said.
-
Demonetisation Anniversary: Arun Jaitley Says Terror Funding Through Counterfeit Notes Has Fallen
A year after demonetisation, Finance Minister Arun Jaitley on Wednesday said terror funding through counterfeit currency had come down drastically in Jammu and Kashmir and Chhattisgarh.
-
Ethical To Let Millions Suffer? P Chidambaram Asks Arun Jaitley On Notes Ban
Congress leader P Chidambaram launched a scathing attack on the Centre and Finance Minister Arun Jaitley on the anniversary of the notes ban decision today, asking whether it was "ethical" to heap misery on millions of people.
-
'Fought And Won Decisive Battle,' Says PM Modi On Notes Ban: 10 Points
Prime Minister Narendra Modi tweeted a seven-minute film early on Wednesday morning that he said encapsulates "the benefits of demonetisation," also stating that "125 crore Indians fought a decisive battle and WON." A year ago today, the Prime Minister had suddenly banned high value notes yanking 86 per cent of the currency in circulation at the ti...
-
To Manmohan Singh's Jibe From Gujarat, Arun Jaitley's Stinging Takedown
Hours after former Prime Minister Manmohan Singh renewed his criticism of the NDA government's sudden ban on high value notes that he has called "organised loot", Finance Minister Arun Jaitley delivered a stinging rebuttal. Mr Jaitley said an exercise backed by "an ethical and moral rationale" was being described as loot, before going on to refer t...
-
Did Demonetisation Increase Tax Base? Not Really
If the government is to be believed, the ban on high-value currency led to a significant surge in India's tax base over the past year. To back this claim, the government has released a deluge of data. Including the claim that that there was a 25 per cent increase in tax returns in the April-August 2017 period, compared to the same period last year....
-
Can't Let Shadow Economy Be Larger Than Real Economy: Arun Jaitley
Terming tax-paying as a "patriotic duty", Finance Minister Arun Jaitley today said given our aspiration to be a dominant player on the world stage, we cannot afford to be a place where the shadow economy is bigger than the real economy.
-
Anti-Black Money Day To Be Observed On November 8, Says Arun Jaitley - Highlights
Finance Minister Arun Jaitley today said November 8 will be observed as "anti-black money day". It was on this day last year that Prime Minister Narendra Modi announced the notes ban move that scrapped Rs 500 and Rs 1,000 notes overnight. "Demonetisation was a big step," Mr Jaitley said today.
-
Notes Ban 'Largest Money-Laundering Scheme Ever': Arun Shourie To NDTV
Arun Shourie, former union minister, was categorical today in blaming the economic slowdown on Prime Minister Narendra Modi's shock outlawing of high-denomination notes a year ago. "It was the largest money-laundering scheme ever, conceived and implemented entirely by the government," Mr Shourie told NDTV today
-
Government Freezes 2 Lakh Bank Accounts Of Suspected Shell Companies
The bank accounts of 209,032 suspected shell companies have been frozen as part of a crackdown on illegal transactions and tax evasion, the Finance Ministry said on Tuesday
-
99 Percent Of Banned Notes Back, But Government Says Aim Met: 10 Points
Indians have returned almost all of the estimated Rs 15.44 lakh crore ($242 billion) in currency banned by Prime Minister Narendra Modi in a shock move in November, the Reserve Bank of India (RBI) said in its annual report on Wednesday. The Finance Ministry, in a statement, said a "significant portion" of it could be black money. The tax authoritie...
