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Here's how India is giving China the run for its money in South Asia

Jun 28, 2015

Here's how India is giving China the run for its money in South Asia

Thirteen months is too small a period to decipher a governments foreign policy but one discernible trend that stands out in the Modi governments statecraft in past 13 months is that the Modi-led India is giving China the run for its money in South Asia, literally. #India #China #NewsTracker #FDI #Modi #Money #Make In India
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
RBI allows banks to borrow from foreign institutions without its nod

Jun 25, 2015

RBI allows banks to borrow from foreign institutions without its nod

The flexibility has been provided for international/ multilateral financial institutions of which Indian government is a shareholding member or which have been established by more than one government or have shareholding by more than one government and other international organisations. #RBI #Banks #PolicyWatch #NBFC #Money Transfer Service Schemes
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