illicit money

White paper on black money disappointing: BJP (Lead)


May 21st, 2012 - 8:01 pm ICT by IANS
New Delhi, May 21 (IANS) The Bharatiya Janata Party (BJP) dismissed as "disappointing" the government's white paper on black money Finance Minister Pranab Mukherjee tabled in the Lok Sabha ... Read more...

Posted in Politics |

White paper gives no estimate of black money abroad (Lead)


May 21st, 2012 - 5:20 pm ICT by IANS
New Delhi, May 21 (IANS) The government Monday released the much-awaited white paper on black money, which makes a strong pitch for setting up the Lokpal and Lokayuktas but ... Read more...

Posted in Business |

Mauritius will find solution on tax evasion: Mauritius minister (Interview)


February 12th, 2012 - 4:32 pm ICT by IANS
New Delhi, Feb 12 (IANS) Mauritius will find a mutually satisfactory solution with India to the misuse of a bilateral treaty by investors to evade taxes, a senior minister ... Read more...

Posted in Business |

Paramilitary forces to man Goa borders


January 6th, 2012 - 8:03 pm ICT by IANS
Panaji, Jan 6 (IANS) Election authorities in poll-bound Goa have sought paramilitary forces to guard the state's borders against the inflow of unaccounted and fake currency, a senior official said ... Read more...

Posted in Uncategorized |

Advani attacks Sonia over corruption


November 5th, 2011 - 2:20 pm ICT by IANS
Mumbai, Nov 5 (IANS) Senior Bharatiya Janata Party (BJP) leader L.K. Advani Saturday accused Congress president Sonia Gandhi of being silent on corruption."Why is the Congress president silent on ... Read more...

Posted in Uncategorized |

India to join new convention to fight black money


November 4th, 2011 - 1:41 am ICT by IANS
Cannes, Nov 3 (IANS) India told the G20 Summit here Thursday that it has been an active member of the global battle against black money and will soon sign the ... Read more...

Posted in World |

Greece upset calculations, let it not spillover: Manmohan


November 4th, 2011 - 12:19 am ICT by IANS
Cannes, Nov 3 (IANS) With non-member Greece throwing the G20 Summit here into a tailspin, India Thursday called for urgent steps to resolve the Eurozone crisis and said emerging ... Read more...

Posted in Uncategorized |

We at G20 must tackle tax evasion: Manmohan


November 3rd, 2011 - 11:28 pm ICT by IANS
Cannes, Nov 3 (IANS) Prime Minister Manmohan Singh Thursday once again sought the attention of G20 leaders on the issue of illicit money outflows and tax havens and said ... Read more...

Posted in World |

Apex court extends curbs on Hasan Ali’s bail (Lead)


August 18th, 2011 - 8:41 pm ICT by IANS
New Delhi, Aug 18 (IANS) The Supreme Court Thursday extended its interim stay on the Bombay High Court order granting bail to alleged money launderer and country's top tax evader ... Read more...

Posted in Uncategorized |

Report on ways to curb black money in six months


August 5th, 2011 - 8:54 pm ICT by IANS
New Delhi, Aug 5 (IANS) A committee set up to recommend ways to curb generation of black money and its routing will submit its report within six months, Minister of ... Read more...

Posted in Business |

Panel on black money holds first meeting


June 9th, 2011 - 9:38 pm ICT by IANS
New Delhi, June 9 (IANS) A government panel headed by Central Board of Direct Taxes (CBDT) chairman Prakash Chandra held its first meeting Thursday to examine ways to trace and ... Read more...

Posted in Business |

Graft, bureaucracy dent India’s global image: Expert (Lead)


June 9th, 2011 - 5:11 pm ICT by IANS
New Delhi, June 9 (IANS) India will be able to achieve double-digit economic growth only if it reforms its bureaucracy and curbs widespread corruption, both of which have dented the ... Read more...

Posted in Business |

Graft, bureaucracy denting India’s global image (Interview)


June 9th, 2011 - 4:35 pm ICT by IANS
New Delhi, June 9 (IANS) India won't be able to achieve double-digit economic growth unless it reforms its bureaucracy and curbs widespread corruption, both of which have dented the country's ... Read more...

Posted in Business |

New directorate to probe financial crimes


May 30th, 2011 - 5:58 pm ICT by IANS
New Delhi, May 30 (IANS) With voices of protest against black money and graft getting shriller, the government Monday announced a new agency that will probe all criminal matters ... Read more...

Posted in Business |

India commissions study on black money


May 29th, 2011 - 3:11 pm ICT by IANS
New Delhi, May 29 (IANS) The Indian government said Sunday it had commissioned a study to examine how black money is generated and recommend ways to bring it back into ... Read more...

Posted in Politics |

India ratifies UN charter against corruption (Lead)


May 13th, 2011 - 1:27 am ICT by IANS
New Delhi, May 12 (IANS) In a major step in its anti-corruption drive, India has completed the ratification of the UN convention against corruption, six years after it signed ... Read more...

Posted in Uncategorized |

Supreme Court quizzes government on taxation agreement


May 3rd, 2011 - 9:54 pm ICT by IANS
New Delhi, May 3 (IANS) The Supreme Court Tuesday wondered how could the Double Taxation Avoidance Agreement (DTAA) was applicable to the people who do not pay income tax either ... Read more...

Posted in Uncategorized |

India’s illicit financial flow is $462 billion: Book


April 20th, 2011 - 2:20 pm ICT by IANS
New Delhi, April 20 (IANS) Tax evasion, crime and corruption have combined to remove a staggering $462 billion from India, says a new book based partly on scholarly studies."From 1948 ... Read more...

Posted in Life Style |

In crackdown on graft, China probed 2,723 officials in 2010


March 11th, 2011 - 8:16 pm ICT by IANS
Beijing, March 11 (IANS) In a crackdown against corruption, the Chinese government last year investigated 2,723 officials at or above the county level, said a senior Chinese official.The number includes ... Read more...

Posted in World |

Five-fold strategy to deal with black money: Mukherjee


February 28th, 2011 - 5:34 pm ICT by ANI
New Delhi, Feb 28 (ANI): Union Finance Minister Pranab Mukherjee today said the government has adopted a five-fold strategy to deal with the problem of generation and circulation of black money.Presenting ... Read more...

Posted in National |

Ratify UN convention against corruption: BJP demands


January 28th, 2011 - 11:49 pm ICT by IANS
New Delhi, Jan 28 (IANS) The Bharatiya Janata Party (BJP) Friday termed as a "mere eyewash" Finance Minister Pranab Mukherjee's statement about steps to recover black money stashed abroad and called ... Read more...

Posted in Politics |

Government examining Hasan Ali’s case: Mukherjee


January 25th, 2011 - 6:13 pm ICT by IANS
New Delhi, Jan 25 (IANS) The government is examining the black money deposits of absconding multi-millionaire Pune businessman and stud farm owner Hasan Ali in Swiss banks, said Finance Minister Pranab ... Read more...

Posted in Business |

Indian money stashed abroad a national plunder: Apex court (Lead)


January 19th, 2011 - 9:30 pm ICT by IANS
New Delhi, Jan 19 (IANS) The Supreme court Wednesday said the stashing away of ill-gotten money outside the country in foreign banks was a "national plunder" and asked the government to give ... Read more...

Posted in Business |

Black money stashed abroad a national plunder: Supreme Court


January 19th, 2011 - 3:12 pm ICT by IANS
New Delhi, Jan 19 (IANS) The Supreme Court Wednesday said stashing away ill-gotten money in foreign banks was a "national plunder" and asked the central government to give it all the ... Read more...

Posted in Business |

India yet to send request for secret bank data: Swiss Ambassador


October 27th, 2010 - 6:56 pm ICT by IANS
Chennai, Oct 27 (IANS) The Switzerland government has not received any request from the Indian government for sharing the names of tax evaders who have stashed away their illicit money in Swiss ... Read more...

Posted in Business |

China, Premier Wen vow to crackdown on corrupt officials


March 29th, 2010 - 1:38 pm ICT by ANI
Beijing, Mar. 29 (ANI): China has said that it will step up efforts to crack major corruption cases, especially those with collusion between leading officials and business people.The guidelines specify 52 unacceptable ... Read more...

Posted in World |

Developing nations losing 100 b dollars annually due to trade mispricing


February 20th, 2010 - 4:56 pm ICT by ANI
London, Feb.20 (ANI): Trade mispricing is being cited as a key reason for the movement of illicit money across borders than any other single phenomenon, according to a new Global Financial Integrity ... Read more...

Posted in Business |

Developing nations losing 100 bln dollars annually through trade mispricing: Report


February 13th, 2010 - 3:21 pm ICT by ANI
Washington, Feb.13 (ANI): Developing countries are losing approximately 100-billion dollars every year due to trade mispricing, according to a new report available today from Global Financial Integrity (GFI)."Every year crime, corruption, and ... Read more...

Posted in World |

BJP’s Swiss banks report a hoax, says CPI-M


April 18th, 2009 - 9:28 pm ICT by IANS
New Delhi, April 18 (IANS) The Communist Party of India-Marxist (CPI-M) Saturday slammed the Bharatiya Janata Party's (BJP) task force report on illegal Indian money parked abroad as a "hoax" and ... Read more...

Posted in Politics |

PM hasn’t addressed money hoarded in Swiss accounts: Advani


March 29th, 2009 - 6:46 pm ICT by ANI
New Delhi, Mar 29 (ANI): Bharatiya Janata Party (BJP) prime ministerial candidate Lal Krishna Advani on Sunday attacked on the Prime Minister Dr. Manmohan Singh, claiming that he has not done ... Read more...

Posted in National |

Businessman Hasan Ali arrested in Mumbai in fake passport case


December 15th, 2008 - 10:01 pm ICT by IANS
Mumbai, Dec 15 (IANS) Multi-millionaire Pune businessman and stud farm owner Hasan Ali was arrested and sent to jail till Dec 19 in connection with a fake passport case, the police ... Read more...

Posted in Uncategorized |

Subscribe