tax haven

Defer GAAR by three years, suggests Shome Committee (Lead)


September 1st, 2012 - 9:03 pm ICT by IANS
New Delhi, Sep 1 (IANS) An expert committee on tax laws Saturday suggested that the Indian government defer implementation of the controversial General Anti-Avoidance Rules (GAAR) until fiscal 2016-17 ... Read more...

Posted in Business |

Vodafone plea denied as Mukherjee says ‘India no tax haven’


May 8th, 2012 - 7:48 pm ICT by IANS
N0ew Delhi, May 8 (IANS) Finance Minister Pranab Mukherjee Tuesday declined to roll-back a change in the Income Tax Act with retrospective effect to tax foreign firms for capital ... Read more...

Posted in Business |

India not a tax haven: Pranab


April 1st, 2012 - 10:20 pm ICT by IANS
Kolkata, April 1 (IANS) Defending the proposed amendment of the Income Tax (IT) Act with retrospective effect, union Finance Minister Pranab Mukherjee Sunday said India cannot be a tax ... Read more...

Posted in Business |

Switzerland says it is ‘not tax haven’


February 16th, 2012 - 7:11 pm ICT by IANS
New Delhi, Feb 16 (IANS) Switzerland Thursday dismissed as "uncorroborated" the estimates about the amount of wealth hidden by Indians in foreign banks, days after the Central Bureau of Investigation ... Read more...

Posted in Uncategorized |

Ramdev’s fast a ‘five-star satyagraha’, says Digvijay Singh (Lead)


June 4th, 2011 - 3:39 pm ICT by IANS
New Delhi, June 4 (IANS) Taking a dig at his luxurious lifestyle, Congress leader Digvijay Singh Saturday described Baba Ramdev's fast against corruption a "five-star satyagraha" and urged social activist ... Read more...

Posted in Politics |

Black money: India, Switzerland to share bank details


March 8th, 2011 - 9:50 pm ICT by IANS
New Delhi, March 8 (IANS) India and Switzerland will amend their bilateral tax treaty to enable New Delhi access information on Indians holding secret bank accounts in the European tax ... Read more...

Posted in Politics |

India, Bahamas ink deal to share tax information


February 12th, 2011 - 7:07 pm ICT by IANS
New Delhi, Feb 12 (IANS) India has signed a tax information exchange accord with the Bahamas, the fourth in a series of agreements intended to tighten the noose on tax evaders and ... Read more...

Posted in Business |

India, British Virgin Islands to share tax information


February 10th, 2011 - 4:31 pm ICT by IANS
New Delhi, Feb 10 (IANS) In a bid to tighten the noose on tax evaders and track black money stashed in tax havens, India has signed an agreement with the British Virgin ... Read more...

Posted in Business |

Magazine claims to have list of Indian tax evaders


February 4th, 2011 - 9:36 pm ICT by IANS
New Delhi, Feb 4 (IANS) Nearly two years after Germany passed on the names and bank account details of 18 Indians who have stashed their wealth in a Liechtenstein bank to ... Read more...

Posted in Business |

Top Australian entrepreneur detained in China over ‘embezzlement’ charges


November 26th, 2010 - 1:09 pm ICT by ANI
Guangzhou (China), Nov 26(ANI): A leading Australian businessmen in China has been detained in Guangzhou on suspicion of embezzlement after a reported dispute with his Chinese business partner.Guangzhou police have not ... Read more...

Posted in South Asia |

Woods may skip Ryder Cup over reluctance to pay 1 million pound tax bill


August 10th, 2010 - 1:53 pm ICT by ANI
London, Aug.10 (ANI): American golfing great Tiger Woods' reluctance to accept a Ryder Cup wild card may in part be due to a one million pound tax bill he could face ... Read more...

Posted in Sports |

Ex-boss of body armour maker ‘looted $185m to pay for hookers, parties’


July 28th, 2010 - 5:29 pm ICT by ANI
London, July 28 (ANI): The former boss of the world's biggest body armour making company has been accused of looting 185 million dollars from the firm to finance his lavish lifestyle.David H ... Read more...

Posted in World |

IPL-Gate: WSG admits of receiving kickbacks from Sony MSM


April 23rd, 2010 - 4:28 pm ICT by ANI
Mumbai, Apr 23 (ANI): The World Sports Group (WSG), which owns the Indian Premier League (IPL) telecast rights, has reportedly admitted to receiving kickbacks from Sony Multi Screen Media (MSM).Sony MSM ... Read more...

Posted in National |

Indian facing $44mn corruption trial in British tax haven


February 19th, 2010 - 3:39 pm ICT by IANS
By Dipankar De Sarkar London/New Delhi, Feb 19 (IANS) A non-resident Indian is fighting multi-million dollar money-laundering charges in Britain's semi-autonomous island of Jersey in a complex case spanning three continents over the ... Read more...

Posted in World |

Mauritius not tax haven: Vice Prime Minister (Lead)


January 19th, 2010 - 8:00 pm ICT by IANS
New Delhi, Jan 19 (IANS) Mauritius should not be singled out by India in its attempt to curb tax avoidance as the African nation's image as a financial haven is ill-placed, ... Read more...

Posted in Business |

Mauritius not tax haven: Vice PM


January 19th, 2010 - 4:47 pm ICT by IANS
New Delhi, Jan 19 (IANS) India should not single out Mauritius in its attempt to curb tax avoidance as the African nation's image as a financial haven is ill-placed and distorted, according ... Read more...

Posted in Business |

Geri Halliwell jumps off luxury yacht


August 28th, 2009 - 9:28 pm ICT by IANS
London, Aug 28 (IANS) Former Spice Girls singer Geri Halliwell, along with her boyfriend Henry Beckwith, leapt into the Mediterranean from the roof of their luxury yacht - just for kicks! The ... Read more...

Posted in Entertainment |

US billionaire Allen Stanford arrested


June 19th, 2009 - 2:42 pm ICT by IANS
Washington, June 19 (DPA) Texas billionaire Sir Allen Stanford turned himself in to US authorities after charges were brought against him over alleged fraud. Stanford, 58, gave himself up to the Federal Bureau ... Read more...

Posted in World |

Germany’s Mann-Hummel expanding India operations


June 3rd, 2009 - 10:09 pm ICT by IANS
Bangalore, June 3 (IANS) German industrial equipment maker Mann-Hummel GmbH (M&H) is expanding its India operations to supply light weight filters to automobile and industrial manufacturers, a top official said here Wednesday. "As ... Read more...

Posted in Business |

Lleyton Hewitt sets up an overseas base in the Bahamas


May 30th, 2009 - 7:26 pm ICT by ANI
Bahamas, May 30(ANI): Former World No. 1 tennis star, Lleyton Heyton and his wife Bec have set up their overseas base in the Bahamas.According to reports they have secretly bought a ... Read more...

Posted in Sports |

Germany has given tax evaders’ details to India: Government (Second Lead)


May 2nd, 2009 - 8:54 pm ICT by IANS
New Delhi, May 2 (IANS) Assuring the Supreme Court that it was trying to retrieve black money stashed in tax havens abroad, the government Saturday said it has already received information ... Read more...

Posted in Business |

India urged to seek black money data in Liechtenstein


May 21st, 2008 - 7:18 pm ICT by admin
New Delhi, May 21 (IANS) India must seek information from the Principality of Liechtenstein if its citizens have stashed away millions of dollars of ill-gotten wealth in the tax haven, Transparency International ... Read more...

Posted in Business |

Germany’s Deutsche Post chief Zumwinkel resigns after tax raid


February 15th, 2008 - 10:06 pm ICT by admin
DPA Berlin, Feb 15 (DPA) Deutsche Post chief executive Klaus Zumwinkel Friday offered to resign from his position a day after prosecutors linked him to a million-euro tax scam. The German government welcomed ... Read more...

Posted in Uncategorized |

Steve Irwins widow sued for $2.5 m over mystery transactions


December 17th, 2007 - 4:33 pm ICT by admin
Melbourne, Dec 17(ANI): Barely a year after wildlife warrior Steve Irwin died; his grieving widow Terri Irwin and Australia Zoo are being sued for 2.5 million dollars over two mysterious business transactions.Terri, ... Read more...

Posted in World |

Subscribe