Black Money Fight

India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.

India has got first chunk of Swiss bank account details of its nationals under a new automatic information exchange pact, a major milestone in the government's fight against black money stashed abroad.

India's fight against suspected black money stashed abroad will get a major boost this September in the form of first set of detailed financial information about all Indians having Swiss bank accounts, including those closed since last year.

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.

Now a new investigative tool being launched by British authorities could serve as a powerful deterrent. But it is fraught, forcing wealthy individuals to demonstrate that they bought property with lawfully earned funds - a departure from legal precedent that required the state to prove the use of illicit money.

Prime Minister Narendra Modi today said his pet Digital India initiative is a war against touts and middlemen, helping check black money and black marketing while creating immense job opportunities in small towns and rural areas.

Prime Minister Narendra Modi, whose party swept to power in 2014 on an anti-corruption plank, today said the fight against corruption and black money is on and today, the "rich and the powerful" are being brought to book. Then, in what's seen as a reference to former Bihar Chief Minister Lalu Yadav, the Prime Minister added, "People who served as C...

The latest decision to strike off more 1.20 lakh companies from official records came after a review meeting of the actions taken with respect to deregistered firms last week.

As many as 4.5 lakh directors may face disqualification for their association with shell companies, Union minister PP Chaudhary said today as the government steps up its fight against the black money menace.

As part of efforts to fight illicit fund flows and tax evasion, regulators have struck off the names of over two lakh companies.

Switzerland President Doris Leuthard has said the country is committed to supporting India's fight against black money through exchange of related information.

India and Switzerland today discussed issues relating to transparency in financial transactions and agreed on early operationalisation of the automatic exchange of information on tax between the two countries in a bid to check black money.

A city resident, who took to digital transactions and encouraged his acquaintances to do so on the advice of the Prime Minister, recently received a letter of appreciation from Narendra Modi who said "the fight against black money gets more strength" by efforts of people like him.

Weeks after the Prime Minister Narendra Modi's office ordered a crackdown on shell companies used to launder money, the Enforcement Directorate on Saturday carried out nationwide searches across 100 locations targeting nearly 300 shell companies. Sources said Saturday's operation across more than a dozen states was a direct fallout of the coordina...

Prime Minister Narendra Modi on Wednesday said the government's fight against black money was targeted at "big people" and "big babus" and that small traders need not worry.

India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.

India has got first chunk of Swiss bank account details of its nationals under a new automatic information exchange pact, a major milestone in the government's fight against black money stashed abroad.

India's fight against suspected black money stashed abroad will get a major boost this September in the form of first set of detailed financial information about all Indians having Swiss bank accounts, including those closed since last year.

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.

Now a new investigative tool being launched by British authorities could serve as a powerful deterrent. But it is fraught, forcing wealthy individuals to demonstrate that they bought property with lawfully earned funds - a departure from legal precedent that required the state to prove the use of illicit money.

Prime Minister Narendra Modi today said his pet Digital India initiative is a war against touts and middlemen, helping check black money and black marketing while creating immense job opportunities in small towns and rural areas.

Prime Minister Narendra Modi, whose party swept to power in 2014 on an anti-corruption plank, today said the fight against corruption and black money is on and today, the "rich and the powerful" are being brought to book. Then, in what's seen as a reference to former Bihar Chief Minister Lalu Yadav, the Prime Minister added, "People who served as C...

The latest decision to strike off more 1.20 lakh companies from official records came after a review meeting of the actions taken with respect to deregistered firms last week.

As many as 4.5 lakh directors may face disqualification for their association with shell companies, Union minister PP Chaudhary said today as the government steps up its fight against the black money menace.

As part of efforts to fight illicit fund flows and tax evasion, regulators have struck off the names of over two lakh companies.

Switzerland President Doris Leuthard has said the country is committed to supporting India's fight against black money through exchange of related information.

India and Switzerland today discussed issues relating to transparency in financial transactions and agreed on early operationalisation of the automatic exchange of information on tax between the two countries in a bid to check black money.

A city resident, who took to digital transactions and encouraged his acquaintances to do so on the advice of the Prime Minister, recently received a letter of appreciation from Narendra Modi who said "the fight against black money gets more strength" by efforts of people like him.

Weeks after the Prime Minister Narendra Modi's office ordered a crackdown on shell companies used to launder money, the Enforcement Directorate on Saturday carried out nationwide searches across 100 locations targeting nearly 300 shell companies. Sources said Saturday's operation across more than a dozen states was a direct fallout of the coordina...

Prime Minister Narendra Modi on Wednesday said the government's fight against black money was targeted at "big people" and "big babus" and that small traders need not worry.