Undisclosed Wealth
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Binance Sells Minority Stake to Abu Dhabi’s MGX Sovereign Wealth Fund for $2 Billion
Abu Dhabi-based MGX wealth management fund has acquired an undisclosed stake in Binance for $2 billion (roughly Rs. 17,403 crore). According to Binance co-founder Changpeng Zhao, this marks the platform’s first institutional investment.
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Edelweiss Ends Deal To Buy Religare Enterprises Securities Unit
Edelweiss Group's wealth management unit had in December said it would acquire the securities business of Religare Enterprises for an undisclosed sum.
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Panama Papers: Rs 792 Crore Undisclosed Money Detected By I-T Department
Investigations in the Panama Papers leak cases have resulted in the Income Tax Department detecting undisclosed wealth of 792 crore so far even as the probe is on in "full swing", the CBDT said.
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Congress Defends Minister Linked To 162 Crores Of Unexplained Assets
A Congress minister in Karnataka and another senior party official have not been able to explain assets worth nearly 162 crores, according to tax officials. 41 lakhs in cash and 12 kilos of gold and jewels were recovered from searches last week at the homes and offices of minister Ramesh Jarkiholi and Laxmi Hebbalkar, who heads the Women's Wing of ...
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Declare Black Money By September 30 Or Face Action, Warns PM Modi
Warning black money holders of stringent action including imprisonment after September 30, Prime Minister Narendra Modi today said those with undisclosed wealth, most of which is parked in jewellery and real estate, should come clean to sleep peacefully.
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Sebi Seeks to Step Up Scrutiny of Offshore Wealth Managers: Report
Seeking to root out undeclared wealth, the Securities and Exchange Board of India (Sebi) has sent letters to some large wealth managers operating out of low-tax centres like Hong Kong and Singapore to try and bring them under its remit, people with knowledge of the matter said.
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New Bill Likely to Control Tax Evasion
A month after Parliament passed the black money bill - which targets those curb the stashing of illegal wealth abroad -- a new law is in the pipeline to control tax evasion, sources said.
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Black Money Bill: All You Need to Know
The black money bill is likely to come up for discussion in the Parliament on Tuesday. Christened the Undisclosed Foreign Income and Assets (Imposition of New Tax) Bill, 2015, it seeks to check the black money menace with stringent provisions for those stashing illegal wealth abroad.
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Mammootty, Mohanlal have Rs 30 cr unaccounted wealth
In an embarrassment for Malayalam film stars Mammootty and Mohanlal the IT deptt said that both actors have undisclosed assets worth Rs 30 cr.
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Binance Sells Minority Stake to Abu Dhabi’s MGX Sovereign Wealth Fund for $2 Billion
Abu Dhabi-based MGX wealth management fund has acquired an undisclosed stake in Binance for $2 billion (roughly Rs. 17,403 crore). According to Binance co-founder Changpeng Zhao, this marks the platform’s first institutional investment.
-
Edelweiss Ends Deal To Buy Religare Enterprises Securities Unit
Edelweiss Group's wealth management unit had in December said it would acquire the securities business of Religare Enterprises for an undisclosed sum.
-
Panama Papers: Rs 792 Crore Undisclosed Money Detected By I-T Department
Investigations in the Panama Papers leak cases have resulted in the Income Tax Department detecting undisclosed wealth of 792 crore so far even as the probe is on in "full swing", the CBDT said.
-
Congress Defends Minister Linked To 162 Crores Of Unexplained Assets
A Congress minister in Karnataka and another senior party official have not been able to explain assets worth nearly 162 crores, according to tax officials. 41 lakhs in cash and 12 kilos of gold and jewels were recovered from searches last week at the homes and offices of minister Ramesh Jarkiholi and Laxmi Hebbalkar, who heads the Women's Wing of ...
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Declare Black Money By September 30 Or Face Action, Warns PM Modi
Warning black money holders of stringent action including imprisonment after September 30, Prime Minister Narendra Modi today said those with undisclosed wealth, most of which is parked in jewellery and real estate, should come clean to sleep peacefully.
-
Sebi Seeks to Step Up Scrutiny of Offshore Wealth Managers: Report
Seeking to root out undeclared wealth, the Securities and Exchange Board of India (Sebi) has sent letters to some large wealth managers operating out of low-tax centres like Hong Kong and Singapore to try and bring them under its remit, people with knowledge of the matter said.
-
New Bill Likely to Control Tax Evasion
A month after Parliament passed the black money bill - which targets those curb the stashing of illegal wealth abroad -- a new law is in the pipeline to control tax evasion, sources said.
-
Black Money Bill: All You Need to Know
The black money bill is likely to come up for discussion in the Parliament on Tuesday. Christened the Undisclosed Foreign Income and Assets (Imposition of New Tax) Bill, 2015, it seeks to check the black money menace with stringent provisions for those stashing illegal wealth abroad.
-
Mammootty, Mohanlal have Rs 30 cr unaccounted wealth
In an embarrassment for Malayalam film stars Mammootty and Mohanlal the IT deptt said that both actors have undisclosed assets worth Rs 30 cr.
