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Black money

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Dear Jaitley, choke off cash to eliminate the root cause of black money

Jun 26, 2015

Dear Jaitley, choke off cash to eliminate the root cause of black money

The short point is if the RBI reduces the cash sloshing around in the economy pro tanto black money generation would also come to a screeching halt. #Economy #Black money #P. Chidambaram #RBI #InMyOpinion #Arun Jaitley #Wal-Mart #Income tax #GST #VAT #4G #Jan Dhan Yojana #Food Lion
Relax! RBI has extended deadline to exchange pre-2005 currency notes by 6 months

Jun 26, 2015

Relax! RBI has extended deadline to exchange pre-2005 currency notes by 6 months

The rationale behind the move to withdraw bank notes printed prior to 2005 is to remove them from the market #Black money #RBI #pre-2005 currency notes #fake currencies #illegal cash
Govt to weed out root cause of black money, says Jaitley

Jun 24, 2015

Govt to weed out root cause of black money, says Jaitley

Jaitley said a number of delegations have met him on this issue where people have opposed this move, "as if transaction in black money is a fundamental right". #Economy #Black money #TheySaidIt #Arun Jaitley #FATCA
Blackmoney SIT reviews IPL, Lalit Modi cases; seeks updates from probe agencies

Jun 23, 2015

Blackmoney SIT reviews IPL, Lalit Modi cases; seeks updates from probe agencies

The black money Special Investigation Team (SIT) on Tuesday sought an update from multiple probe agencies on the role of Lalit Modi in alleged financial irregularities in the IPL cricket tournament. #IPL #India #Black money #NewsTracker #Lalit Modi #Enforcement Direcotrate
Arvind Subramanian seeks to address factors that generate black money

Jun 23, 2015

Arvind Subramanian seeks to address factors that generate black money

Subramanian said it is important to understand the reason behind why people create black money. #Infosys #Inflation #Black money #NewsTracker #Nandan Nilekani #Tax #UIDAI #Arvind Subramanian
Here's why tax benefits for e-payments in curbing illegal cash is a clear winner

Jun 23, 2015

Here's why tax benefits for e-payments in curbing illegal cash is a clear winner

The first step to take customers out to the paperless world of transacting is by encouraging ATM use in the initial stage. For this, banks should make ATM transactions free #Black money #RBI #Mobile banking #Card Payments #illegal money #plastic money #electronic banking #fake currencies #ATM transaction
Govt to provide small compliance window for those holding black money to come out clean

Jun 22, 2015

Govt to provide small compliance window for those holding black money to come out clean

Government is soon expected to notify a "small time" compliance window for those holding undeclared assets or black money abroad to voluntarily declare these to the taxman and come clean. #India #Black money #NewsTracker #assets #Tax #Income #compliance window
Blackmoney clampdown effect: India's ranking drops to 61st in holding money in Swiss banks

Jun 22, 2015

Blackmoney clampdown effect: India's ranking drops to 61st in holding money in Swiss banks

India's holdings now accounts for a meagre 0.123 percent of total global wealth worth $1.6 trillion in Switzerland's banking system #India #US #Pakistan #BlackMoney #Swiss Banks #UK #snb
Compliance window under black money law soon: Jaitley

Jun 19, 2015

Compliance window under black money law soon: Jaitley

The minister further clarified that those who will not make use of the compliance window to come clean will have to pay a tax of 30 percent, penalty of 90 percent and face prosecution. #Economy #Black money #Arun Jaitley #Tax #PolicyWatch
Using LaMo to get NaMo: Congress, Rahul gun for the 'other Modi' in Lalit Modi scandal

Jun 16, 2015

Using LaMo to get NaMo: Congress, Rahul gun for the 'other Modi' in Lalit Modi scandal

Given the controversy surrounding Swaraj, Congress didn't pull any punches in its attack on BJP govt with its attack focussed less on Sushma and Modi, and more on Prime Minister Narendra Modi. #Black money #Congress #BJP #sushma swaraj #Narendra Modi #PoliticsDecoder #Lalit Modi #PoliticalPlay #Rahul Gandhi