Upa Government Black Money Report

The Finance Ministry says it is examining three reports on the quantum of black money held by Indians inside the country and abroad that were commissioned by the previous UPA regime and submitted more than three years ago.

Tax raids based on unsubstantiated rumours or simply suspicion will be legit after the government's tweaks to the Income Tax law. But the changes will be effective retrospectively in an apparent turnaround by the government despite its promise not to do so. The amendment to Section 132 of the Income Tax Act dealing with searches by taxmen says that...

In tweets, an 8-point questionnaire to the government, and a barrage of remarks, the Congress has expressed great umbrage at Finance Minister Arun Jaitley's remark - made on NDTV - that the party will confront "embarrassment" when the government discloses a list of Indians accused of holding black money in foreign accounts.

The Finance Ministry says it is examining three reports on the quantum of black money held by Indians inside the country and abroad that were commissioned by the previous UPA regime and submitted more than three years ago.

Tax raids based on unsubstantiated rumours or simply suspicion will be legit after the government's tweaks to the Income Tax law. But the changes will be effective retrospectively in an apparent turnaround by the government despite its promise not to do so. The amendment to Section 132 of the Income Tax Act dealing with searches by taxmen says that...

In tweets, an 8-point questionnaire to the government, and a barrage of remarks, the Congress has expressed great umbrage at Finance Minister Arun Jaitley's remark - made on NDTV - that the party will confront "embarrassment" when the government discloses a list of Indians accused of holding black money in foreign accounts.