Dodging Cash Ban
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Depositing Someone Else's Money In Your Bank Account? Beware Of New Law
This warning comes in the wake of reports that some people are "renting" someone else's bank accounts to deposit their banned notes for dodging tax authorities.
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From 'Cash Coolies' To 'Renting Accounts', The Dodging Of Notes Ban
Prime Minister Narendra Modi sent shockwaves through the country by announcing on November 8 all Rs 500 and Rs 1,000 notes -- some 85 per cent of all bills in circulation -- would cease to be legal tender within hours.
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From 'Cash Coolies' To 'Rent-An-Account', The Dodging Of Notes Ban
From deploying 'cash coolies' to buying Rolex watches, Indians have found unique ways to dodge the government's surprise move to withdraw high value bills in a bid to tackle widespread corruption and tax evasion.
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China startup dodges IPO ban, floats on shopping website
Chinese entrepreneur Zhu Jiang didn't need a stock market to raise cash for his media startup. Impatient to tap investors even though Beijing has frozen new share sales, Zhu started flogging stock on shopping website Taobao.com.
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China startup dodges IPO ban, floats on shopping website
Chinese entrepreneur Zhu Jiang didn't need a stock market to raise cash for his media startup.
-
Depositing Someone Else's Money In Your Bank Account? Beware Of New Law
This warning comes in the wake of reports that some people are "renting" someone else's bank accounts to deposit their banned notes for dodging tax authorities.
-
From 'Cash Coolies' To 'Renting Accounts', The Dodging Of Notes Ban
Prime Minister Narendra Modi sent shockwaves through the country by announcing on November 8 all Rs 500 and Rs 1,000 notes -- some 85 per cent of all bills in circulation -- would cease to be legal tender within hours.
-
From 'Cash Coolies' To 'Rent-An-Account', The Dodging Of Notes Ban
From deploying 'cash coolies' to buying Rolex watches, Indians have found unique ways to dodge the government's surprise move to withdraw high value bills in a bid to tackle widespread corruption and tax evasion.
-
China startup dodges IPO ban, floats on shopping website
Chinese entrepreneur Zhu Jiang didn't need a stock market to raise cash for his media startup. Impatient to tap investors even though Beijing has frozen new share sales, Zhu started flogging stock on shopping website Taobao.com.
-
China startup dodges IPO ban, floats on shopping website
Chinese entrepreneur Zhu Jiang didn't need a stock market to raise cash for his media startup.
