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Just one percent of population paid income tax: Is domestic tax evasion a bigger challenge?

May 02, 2016

Just one percent of population paid income tax: Is domestic tax evasion a bigger challenge?

The government has made public the income data for last 16 years. If one looks at the 2014-15 number, just about 4.8 crore people filed tax returns, making it less than 4 per cent of the population (considering population at 125 crore). #Black money #Tax evasion #Government #IT #Taxpayers #Income tax data
Disclose names of Indians in Panama papers, demands SP in Rajya Sabha

Apr 27, 2016

Disclose names of Indians in Panama papers, demands SP in Rajya Sabha

A demand to disclose the names of Indians allegedly figuring in the leaked Panama Papers on those holding offshore accounts to launder money and dodging tax was made in the Rajya Sabha on Wednesday. #Black money #BJP #Rajya Sabha #NewsTracker #FDI #Tax #Panama Papers #Mossack Fonseca
Panama Papers: Rahul Gandhi slams Modi for silence on probe, claims PM only makes false promises

Apr 08, 2016

Panama Papers: Rahul Gandhi slams Modi for silence on probe, claims PM only makes false promises

Rahul Gandhi said he asked Modi in Parliament why Lalit Modi had not been brought back to India. "Modiji did not utter one word in response." #Black money #Congress #BJP #Narendra Modi #Lalit Modi #AGP #Rahul Gandhi #Lok Sabha #TheySaidIt #Arun Jaitley #Vijay Mallya #Panama Papers
Sleepless nights ahead for illegal Panama account holders, warns Jaitley

Apr 08, 2016

Sleepless nights ahead for illegal Panama account holders, warns Jaitley

Those people who have kept it illegally, we will try to detect it fully, Jaitley said #Black money #Arun Jaitley #illegal money #Panama Papers
Panama papers: Deliberate attempt to draw Adani's name in Panama Papers, alleges group

Apr 05, 2016

Panama papers: Deliberate attempt to draw Adani's name in Panama Papers, alleges group

Reacting to the report, the group issued a statement saying Vinod Adani, elder brother of Gautam, whose name was also mentioned, has been a non-resident Indian (NRI) for about 30 years and has own established businesses outside India. #Black money #NewsTracker #Gautam Adani #Panama Papers #Vinod Adani
Panama Papers: Narendra Modi grabs another chance to go after cronies

Apr 05, 2016

Panama Papers: Narendra Modi grabs another chance to go after cronies

It would have been easier for Modi to turn a blind eye to corruption and focus on reviving business sentiment and growth; that he has chosen the harder option of going after crooks does him credit #Corruption #Black money #Economic growth #PM Modi #Black Money SIT #HSBC list #Black money law #panama list #Panama Papers #black money window
Panama Papers: Multi-agency team to conduct probe under stringent anti-black money law

Apr 04, 2016

Panama Papers: Multi-agency team to conduct probe under stringent anti-black money law

The new law, under which the Panama Papers probe will be conducted, imposes a steep 120 percent of tax and penalty, and a jail term of up to 10 years. #Black money #RBI #NewsTracker #Arun Jaitley #ED #Financial Intelligence unit #ICIJ #Panama Papers