Black Money Law
- All
- News
- Videos
-
Rs 13,566 Crore Tax Demands Raised In 4 Years: Minister
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal with undisclosed foreign income and assets, the government told Parliament on Monday.
-
Rs 14,820 Crore Tax Demand Raised Under Black Money Law: Government
The government on Monday said it had raised a tax demand of Rs 14,820 crore after completing an assessment in 368 cases under the black money law dealing with undisclosed foreign income.
-
High Court Grants More Time To Robert Vadra For Reply To IT Notices Under Black Money Law
The Delhi High Court Friday granted three more weeks to businessman Robert Vadra to respond to the notices issued to him by the Income Tax (I-T) Department under the black money law.
-
"Source Of Black Money Shut": PM Attacks Opposition On Farm Law Protests
"Those opposing farm laws are insulting farmers," Prime Minister Narendra Modi said today, a day after Punjab Youth Congress workers set a tractor on fire near India Gate in the heart of Delhi during protests against the controversial farm laws, which have triggered widespread agitations in several states.
-
Supreme Court-Appointed Panel Probes Use Of Black Money In 2019 Polls
Supreme Court-appointed Special Investigation Team (SIT) vice chairman Justice Arijit Pasayat on Tuesday suggested appropriate amendments in existing tax laws to curb the use of money power to win elections.
-
Top Court Stays High Court Order Stopping Retrospective Black Money Law
The Supreme Court today stayed the Delhi High Court order which had held that the 2016 black money law cannot be allowed to operate with retrospective effect from July 2015 to book and probe offenders.
-
Top Court To Hear Tomorrow Centre's Plea On Black Money Law Applicability
The Supreme Court agreed on Monday to hear on Tuesday the centre's plea challenging the Delhi High Court order staying its notification to allow the 2016 black money law to operate with retrospective effect from July, 2015 to book and probe offenders.
-
GST, Demonetisation Achieved Desired Results, Says Venkaiah Naidu
Vice President Venkaiah Naidu has said economic reforms like GST, black money laws and insolvency code, brought in by the Prime Minister Narendra Modi-led government, are giving desired results and asserted that the country has a bright future. He also emphasized on the need for equal opportunities for men and women.
-
To Fight Dirty Money, UK Asks Simple Question To Those Living High Life
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.
-
Illegal Overseas Assets Of "Thousands Of Indians" Under Scanner: Report
The Income Tax Department has launched a major operation to investigate cases of illegal funds and properties stashed abroad by Indians and may invoke the new anti-black money law for strict criminal action in many such cases, officials said on Monday.
-
Current Laws Inadequate To Tackle Black Money In Polls: Election Chief
Chief Election Commissioner OP Rawat said on Saturday that the present set of laws were "inadequate" to tackle the menace of black money in elections, and noted that Cambridge Analytica like "machinations" of data theft, data harvesting and fake news pose a potent threat to the electoral process in the country.
-
3 Tax Notices Issued Against Nirav Modi: Revenue Department
The Income Tax department has slapped three notices under the foreign black money law against diamond trader Nirav Modi, involved in Rs 14,000 crore PNB fraud case, for allegedly holding illegal assets abroad.
-
Benami Attachments Worth Crores May Fall Flat As No Authority For 1.5 Years
Over 780 benami asset attachments worth crores of rupees run the risk of being invalidated in the near future as the government has failed to create a designated adjudicating authority for over a year-and-a-half since the stringent law was enforced to deal with black money and corruption.
-
Tax Department Charge Sheets Against Us "Baseless": Chidambaram Family
The family of former finance minister P Chidambaram today said the Income Tax Department (ITD) charge sheets against them under the black money law were "baseless allegations" as the overseas investments under question were duly reflected in their IT returns.
-
Switzerland, India Enter Data Exchange Pact Over Black Money Details
The deal will open a continuous access to details about alleged black money hoarders in once-all-secret Swiss banks.
-
Rs 13,566 Crore Tax Demands Raised In 4 Years: Minister
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal with undisclosed foreign income and assets, the government told Parliament on Monday.
-
Rs 14,820 Crore Tax Demand Raised Under Black Money Law: Government
The government on Monday said it had raised a tax demand of Rs 14,820 crore after completing an assessment in 368 cases under the black money law dealing with undisclosed foreign income.
-
High Court Grants More Time To Robert Vadra For Reply To IT Notices Under Black Money Law
The Delhi High Court Friday granted three more weeks to businessman Robert Vadra to respond to the notices issued to him by the Income Tax (I-T) Department under the black money law.
-
"Source Of Black Money Shut": PM Attacks Opposition On Farm Law Protests
"Those opposing farm laws are insulting farmers," Prime Minister Narendra Modi said today, a day after Punjab Youth Congress workers set a tractor on fire near India Gate in the heart of Delhi during protests against the controversial farm laws, which have triggered widespread agitations in several states.
-
Supreme Court-Appointed Panel Probes Use Of Black Money In 2019 Polls
Supreme Court-appointed Special Investigation Team (SIT) vice chairman Justice Arijit Pasayat on Tuesday suggested appropriate amendments in existing tax laws to curb the use of money power to win elections.
-
Top Court Stays High Court Order Stopping Retrospective Black Money Law
The Supreme Court today stayed the Delhi High Court order which had held that the 2016 black money law cannot be allowed to operate with retrospective effect from July 2015 to book and probe offenders.
-
Top Court To Hear Tomorrow Centre's Plea On Black Money Law Applicability
The Supreme Court agreed on Monday to hear on Tuesday the centre's plea challenging the Delhi High Court order staying its notification to allow the 2016 black money law to operate with retrospective effect from July, 2015 to book and probe offenders.
-
GST, Demonetisation Achieved Desired Results, Says Venkaiah Naidu
Vice President Venkaiah Naidu has said economic reforms like GST, black money laws and insolvency code, brought in by the Prime Minister Narendra Modi-led government, are giving desired results and asserted that the country has a bright future. He also emphasized on the need for equal opportunities for men and women.
-
To Fight Dirty Money, UK Asks Simple Question To Those Living High Life
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.
-
Illegal Overseas Assets Of "Thousands Of Indians" Under Scanner: Report
The Income Tax Department has launched a major operation to investigate cases of illegal funds and properties stashed abroad by Indians and may invoke the new anti-black money law for strict criminal action in many such cases, officials said on Monday.
-
Current Laws Inadequate To Tackle Black Money In Polls: Election Chief
Chief Election Commissioner OP Rawat said on Saturday that the present set of laws were "inadequate" to tackle the menace of black money in elections, and noted that Cambridge Analytica like "machinations" of data theft, data harvesting and fake news pose a potent threat to the electoral process in the country.
-
3 Tax Notices Issued Against Nirav Modi: Revenue Department
The Income Tax department has slapped three notices under the foreign black money law against diamond trader Nirav Modi, involved in Rs 14,000 crore PNB fraud case, for allegedly holding illegal assets abroad.
-
Benami Attachments Worth Crores May Fall Flat As No Authority For 1.5 Years
Over 780 benami asset attachments worth crores of rupees run the risk of being invalidated in the near future as the government has failed to create a designated adjudicating authority for over a year-and-a-half since the stringent law was enforced to deal with black money and corruption.
-
Tax Department Charge Sheets Against Us "Baseless": Chidambaram Family
The family of former finance minister P Chidambaram today said the Income Tax Department (ITD) charge sheets against them under the black money law were "baseless allegations" as the overseas investments under question were duly reflected in their IT returns.
-
Switzerland, India Enter Data Exchange Pact Over Black Money Details
The deal will open a continuous access to details about alleged black money hoarders in once-all-secret Swiss banks.
