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Latest Articles in black money

FM Arun Jaitley Invites Suggestions To Make Political Funding Cleaner

Finance Minister Arun Jaitley on Thursday threw an "open invitation" to the opposition in the Lok Sabha to suggest steps to make electoral funding cleaner and more transparent

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No Relief To Those Who Defaulted On 1st IDS Installment: CBDT

The Central Board of Direct Taxes 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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Take Fight Against Black Money, Corruption To Next Level, Says PM Narendra Modi

Asking the people to take the fight against black money and graft to the "next level", Prime Minister Narendra Modi on Sunday urged them to use less cash in their daily lives and continue to support the movement towards digital payments started after the note ban

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'Countdown' Has Begun, I-T Dept Warns Black Money Holders Ahead Of March 31 Deadline

The Income Tax department on Friday warned black money holders that it has "information" about their illegal deposits and they should avail the soon-to-end PMGKY window to come clean

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Black Money | Probe Into Indians Named By HSBC, Leichstenstein Complete, Says FM Jaitley

The government has completed investigation against persons named in HSBC and Liechtenstein banks for blackmoney stashed abroad and made an assessment totalling around Rs 8,437 crore against those named in the HSBC list

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Why No Category For Those Who Couldn't Exchange Notes By Dec 30: Apex Court To Centre

The Supreme Court on Tuesday asked the Centre why it chose not to create a separate category for those who couldn't deposit demonetised notes by December 30, 2016 unlike the non-resident Indians and people who were abroad

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PM Modi May Push Drive Against Black Money After UP Sweep: BofA-ML

With the stunning election victory in Uttar Pradesh indicating validation of BJP-led government's demonetisation move, Prime Minister Narendra Modi is expected to intensify the drive to push black money hoarders to declare funds under income disclosure scheme, says a report

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Notes In Circulation Drop To Rs 11.73 Lakh Crore, Post Ban

The total value of currency notes in circulation has come down by a quarter to Rs 11.73 lakh crore post demonetisation, Parliament was informed on Friday

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Reserve Bank Pumped In Rs 9.2 Trillion Worth Of New Notes So Far

The Reserve Bank of India has injected Rs 9.2 trillion worth of new currency notes into the banking system to help replace the notes banned in November, a parliamentary source quoted central bank governor Urjit Patel as saying on Wednesday

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Case Analysis: A Bolt From The Blue

Poor quality education facility and support systems fail to provide the experience that help in acquiring knowledge, skills and attitudes that are conducive to social participation; hence rural youth are ill-prepared

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Note Ban Can Do Little To Stop Future Black Money Flow: Assocham

Demonetisation may wipe out the present stock of black money held in cash from the economy but cannot eliminate the ill-gotten wealth converted into assets such as gold and real estate, Assocham said on Tuesday

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Worse Is Yet To Come: Manmohan Singh On Demonetisation

Amid fears of a decline in the country's GDP, former Prime Minister Manmohan Singh cautioned the people on Wednesday that the worse was yet to come in the wake of demonetisation which he termed as a "disaster"

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Note Ban Gains 'Highly Uncertain', Says Fitch

Benefits of demonetisation are "highly uncertain" and the potential positives are unlikely to be strong or last long enough to make a significant difference to government finances or medium-term growth prospects

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