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Page 11 - Black Money

Modi fights corruption: Goodbye Rs 500, hello Rs 2000

Government data show circulation of current notes has outpaced the expansion in India's economy.

Modi fights corruption: Goodbye Rs 500, hello Rs 2000
Updated On : 09 Nov 2016 | 7:07 AM IST

Black money: Modi govt's move to bring in new notes explained in 8 graphics

Reserve Bank of India will issue new Rs 500 and Rs 2,000 currency notes

Black money: Modi govt's move to bring in new notes explained in 8 graphics
Updated On : 09 Nov 2016 | 6:38 AM IST

Worry not! These places are accepting Rs 500, Rs 1000 notes till Friday midnight

These ten locations are still accepting old notes of Rs 500 and Rs 1,000

Worry not! These places are accepting Rs 500, Rs 1000 notes till Friday midnight
Updated On : 09 Nov 2016 | 6:31 AM IST

Mad rush for ATMs, traders, restaurants refuse Rs 500/Rs 1,000 notes

Panic, anger, praise and confusion - the reaction was mixed as long, serpentine queues were seen outside ATMs, while roadside shops, restaurants and even Metro railway counters refused to accept Rs 500 and Rs 1,000 denomination notes after they were demonitised by the Narendra Modi government from midnight on Tuesday.

Mad rush for ATMs, traders, restaurants refuse Rs 500/Rs 1,000 notes
Updated On : 09 Nov 2016 | 5:54 AM IST

Surgical strike on black money

Currency notes of Rs 500 & Rs 1,000 denominations scrapped, new notes of Rs 500 & Rs 2,000 to be launched tomorrow

Surgical strike on black money
Updated On : 09 Nov 2016 | 2:57 AM IST

Five probe reports submitted to SIT on blackmoney: SC

The reports have been filed by a Multi-Agency Group, comprising officials of CBDT, RBI, FIU and ED

Five probe reports submitted to SIT on blackmoney: SC
Updated On : 25 Oct 2016 | 12:55 AM IST

Expect more seizures: Taxmen to intensify crackdown on black money holders

The move came after an IDS participant surrendered a fresh Rs 30 crore of unaccounted wealth

Expect more seizures: Taxmen to intensify crackdown on black money holders
Updated On : 23 Oct 2016 | 1:56 PM IST

Finance Ministry declines to share black money assessment reports

There is at present no official assessment on the quantum of black money within the country and abroad

Finance Ministry declines to share black money assessment reports
Updated On : 23 Oct 2016 | 12:24 PM IST

PM Modi warns of 'surgical strike' against black money

Says if we do surgical strikes (to unearth black money), you can imagine what all will come out

PM Modi warns of 'surgical strike' against black money
Updated On : 22 Oct 2016 | 10:59 PM IST

Naidu, Reddy trade charges on Rs 10,000 cr declared under IDS from Hyderabad

Reddy has demanded that the Centre make the entire list of declarants in the Income Disclosure Scheme 2016 public

Naidu, Reddy trade charges on Rs 10,000 cr declared under IDS from Hyderabad
Updated On : 14 Oct 2016 | 7:24 AM IST

Naidu-Jagan slugfest on blackmoney issue reaches PM Modi

While Naidu wanted Centre to 'demonitise' currency notes of Rs 500 and Rs 1000 denominations to 'curb' proliferation of parallel economy, Jagan wanted publication of 'entire list of IDS-2016'

Naidu-Jagan slugfest on blackmoney issue reaches PM Modi
Updated On : 13 Oct 2016 | 5:10 PM IST

SIT set to comb P-Note data for black money

Sebi asked to furnish massive data on P-Note transfer trails, beneficial owners

SIT set to comb P-Note data for black money
Updated On : 13 Oct 2016 | 1:39 AM IST

Black money disclosure gives tax cushion: FM

As much as Rs 65,250 crore of undisclosed assets were brought to light during the four-month one-time compliance window that ended September 30

Black money disclosure gives tax cushion: FM
Updated On : 11 Oct 2016 | 12:16 AM IST

India seeks enhanced cooperation from Switzerland to tackle black money menace

Rajnath Singh has told the visiting Swiss minister that India seeks Swiss co-operation for tax information exchange

India seeks enhanced cooperation from Switzerland to tackle black money menace
Updated On : 06 Oct 2016 | 4:19 PM IST

Tax dept scanning IDS disclosures filed through post

The government provided a four month one-time window to help citizens reveal their undiscloed assets

Tax dept scanning IDS disclosures filed through post
Updated On : 06 Oct 2016 | 3:54 PM IST

India seeks enhanced Swiss cooperation to tackle black money

Black money is the main corruption issue which needs to be tackled, said Home Minister Rajnath Singh

India seeks enhanced Swiss cooperation to tackle black money
Updated On : 06 Oct 2016 | 2:57 PM IST

Final black money tally may go up by Rs 10,000 cr

As many as 64,275 declarants disclosed their excess money but this figure could also be revised upward, FM Jaitley said

Final black money tally may go up by Rs 10,000 cr
Updated On : 05 Oct 2016 | 12:56 AM IST

Why black money disclosure comes at a price

For each of the scheme years, IT department found actual pace of tax collections trailed rate of growth for previous years

Why black money disclosure comes at a price
Updated On : 04 Oct 2016 | 12:22 AM IST

Black money disclosure: ID strictly confidential, says CBDT

It also said no official list of region wise declarations has been issued

Black money disclosure: ID strictly confidential, says CBDT
Updated On : 03 Oct 2016 | 6:53 PM IST

Rs 14,700 crore in govt coffers from IDS in 2016-17: Nomura

At a 45 per cent tax rate, the government will earn Rs 29,400 crore (0.2 per cent of GDP) in additional revenues.

Rs 14,700 crore in govt coffers from IDS in 2016-17: Nomura
Updated On : 03 Oct 2016 | 4:50 PM IST