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CBI chief Ranjit Sinha to file perjury case against Prashant Bhushan

Oct 20, 2014

CBI chief Ranjit Sinha to file perjury case against Prashant Bhushan

The CBI chief said he would be filing the case week next week as all the allegations levelled by Bhushan against him had "fallen flat" the Income Tax probe. #Prashant Bhushan #Manmohan Singh #Supreme Court #CBI #TheySaidIt #UPA 2 #coal scam #Vijay Darda #coal block allocation #Ranjit Sinha #CBI Director #PC Parakh #Mukul Rohatgi #Moin Quershi #Income Tax probe
Bringing back black money Why name-and-shame alone won't work in India

Oct 18, 2014

Bringing back black money Why name-and-shame alone won't work in India

Beyond some public rejoicing over the naming of Indians with illegal wealth stashed abroad, a name-and-shame policy will not deter future evaders or help bring the money in. We need a carrot-and-stick approach to the problem, #Black money #CBI #Tax Havens #Swiss Bank accounts #Amnesty Schemes #NDA Statement #Mauritius Route
Black money Modi govt says it can't reveal names, Cong lashes out

Oct 18, 2014

Black money Modi govt says it can't reveal names, Cong lashes out

The government refusal to disclose names of people who have allegedly stashed away their black money in tax havens abroad triggered a war of words between the Congress and BJP. #Black money #Congress #BJP #PoliticalPlay #Government #Arun Jaitley #Tax Havens #PM Modi #Foreign tax havens
Lionel Messi had nothing to do with tax affairs, father insists

Oct 16, 2014

Lionel Messi had nothing to do with tax affairs, father insists

Income from Messi's image rights was allegedly hidden using a web of shell companies in Uruguay, Belize, Switzerland and Britain. #Sports #Barcelona #football #Lionel Messi #Tax evasion #Spain #KickingAround #La Liga
SC declares National Tax Tribunal law as unconstitutional

Sep 25, 2014

SC declares National Tax Tribunal law as unconstitutional

SC declared National Tax Tribunal Act as unconstitutional under which a tribunal was set up to decide tax-related cases by taking away jurisdiction of HCs. #India #NewsTracker #Supreme Court #High Courts #National Tax Tribunal Act

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BJP win lifts markets, but road to economic recovery may be long

Dec 10, 2013

BJP win lifts markets, but road to economic recovery may be long

The function of the markets is to believe what it wants to believe. A bear market factors in only the worst even if there are some signs of turning around. A bull market factors in the best, even if the signals are unsustainable. #Economy #Stock market #GDP #BJP #ToWhatEffect #Indian rupee #Lok Sabha elections #tax revenue
India Inc sees higher limits on tax-saving investments in Budget

Feb 20, 2013

India Inc sees higher limits on tax-saving investments in Budget

Survey of 300 firms shows requirement of a less litigious tax regime is also key expectation #India Inc #Grant Thornton #Budget2013 #tax-saving #Budget Expectations #Super tax