Thu, Jun 20, 2024
The decline in aggregate funds of Indian clients with Swiss banks for the second consecutive year, after hitting a 14-year-high of CHF 3.83 billion in 2021, was largely driven by a sharp plunge in funds held through bonds, securities and various other financial instruments.
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Tue, Apr 09, 2024
Application for Uniform Banking Code on Foreign Exchange Transactions has been filed to curb black money and benami (unnamed) property.
Thu, Feb 15, 2024
Speculators have been warned, situation regarding supply of pulses is better, there is no possibility of further price increase: Rohit Kumar Singh, Consumer Affairs Secretary.
Fri, Jun 02, 2017
Income Tax Department, in an advertisement, has warned people for not transacting in cash for Rs 2 lakh or more.
Tue, May 30, 2017
This segment of News Tonight Superfast brings to you important updates about the happenings of the day.
Wed, May 24, 2017
The Income Tax Department (I-T) has announced on Wednesday of identifying over 400 benami transactions which include deposits in bank accounts, plots of land, flat and jewellery.
Wed, May 17, 2017
Modi, along with his government, went ahead and boldly introduced agenda's like Make In India, Housing for All, Swachh Bharat Abhiyan, Jan-Dhan Yojana and many others.
Tue, May 16, 2017
Besides the Rashtriya Janata Dal supremo, the IT raids were also carried out on the premises of party MP P.C. Gupta`s residence as well as several businessmen and real estate agents in Delhi and Haryana`s Gurugram and Rewari.
Sun, May 14, 2017
Union minister Arjun Ram Meghwal on Sunday said the government's digital initiative is crucial to curb the shadow economy which involves illicit economic activities like black market transactions and undeclared income.
Replying to an RTI query, RBI owned bank note printing company BRBNMPL has declined to share any details related to import of paper for printing of the high- denomination notes citing reason that it would affect India's sovereignty and may lead to incitement of an offence
Tue, May 09, 2017
Post demonetisation, the demand for second homes market in India is likely to fall in 2017 and following two years on account of reforms introduced by the government.
Sun, May 07, 2017
According to sources, CBI has uncovered 393 shell companies which were used to divert loan funds meant for specified purposes, creating fake invoices, and "round-tripping" of funds to evade taxes and generate black money.
Wed, May 03, 2017
Titled 'Illicit Financial Flows to and from Developing Countries: 2005-2014', the report is the first global study to place equal emphasis on illicit outflows and inflows.
Thu, Apr 20, 2017
Launched on December 6, 2017, the PMGKDS was applicable to every declarant under the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana - the scheme closed on March 31.
Sun, Apr 16, 2017
PMJDY was launched in August 2014 to increase banking penetration and promote financial inclusion in the country.
Fri, Apr 14, 2017
The Income Tax department will investigate over 60,000 individuals under the second phase of the 'Operation Clean Money' which was launched today with an aim to detect black money generation post demonetisation.
Tue, Apr 11, 2017
The survey stated, RBI's move in lifting up withdrawal limit on March 13, 2017, could have attributed to the happenings.
Mon, Apr 10, 2017
Individuals will have to disclose all cash payments of over Rs 2 lakh made for paying loans and credit card bills during the 50-day period post demonetisation in the new Income Tax Return (ITR) form.
Wed, Apr 05, 2017
To boost real estate market of the city, Gurugram's district administration has suggested to reduce its property circle rate by 5% in FY18.
Fri, Mar 31, 2017
"Representations have been received from various stakeholders regarding difficulties in uploading of declaration in Form No 1 under the Pradhan Mantri Garib Kalyan Yojna (PMGKY) scheme.
The Reserve Bank of India (RBI) offices have turned down several Indians including NRIs went for exchanging old currency notes as the deadline ends on March 31, 2017.
Wed, Mar 29, 2017
Data show that although from October to November 2016 saw an over Rs 30,000 crore rise in deposits in Jan Dhan accounts, withdrawals are slowly inching up,
The Central Board of Direct Taxes (CBDT) has refused to grant any relief to those black money declarants who failed to submit their first installment of tax and penalty under the IDS owing to personal emergencies or liquidity crunch.
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![IT raids 22 locations linked to Lalu's "benami'' land deals](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/05/16/18878-rupee1-ians.JPG?itok=B644a7s_&c=7b7d1118020af7ec88f3630d3b3f91a5 "IT raids 22 locations linked to Lalu's "benami'' land deals")
