Black Money Act

Chennai court directs P Chidambaram's family members to appear before it on 20 August in 'undisclosed income' case

Chief Metropolitan Magistrate S Malarvizhi ordered the personal appearance of Chidambaram's wife Nalini, son Karti and his wife Srinidhi on 20 August since they failed to do so on Monday

Income Tax Department files charge sheets against P Chidambaram's son Karti, other family members under black money act

The Income Tax department on Friday filed four charge sheets against former Union finance minister P Chidambaram's wife Nalini, son Karti and daughter-in-law Srinidhi under the Black Money Act for allegedly not disclosing their foreign assets

Madras High Court allows I-T Department to proceed against Karti Chidambaram, others under Black Money Act

The Madras High Court on Thursday allowed the Income Tax department to proceed with its inquiry against former Union minister P Chidambaram's son Karti and other directors of a company under the black money act.

PNB fraud: ED reaches out to 13 countries for information of assets owned by Nirav Modi, Mehul Choksi

ED has got in touch with authorities in 13 countries to secure information assets owned by Nirav Modi and his uncle Mehul Choksi, both wanted in PNB fraud

Prevention of Corruption Act: Watered down version will make scamsters look like saints

The government's decision to allow the Prevention of Corruption Bill, a ludicrously watered down version, casts a shadow on its real intent and long term vision on reigning in corruption

NDA’s Black Money Act creates more Vijay Mallyas, is soft on tax officials

The black money law is distressingly myopic about two key players in the generation of black money, especially those parked overseas — the taxman (assessing officer/AO) and the tax consultants (charted accountants)

Rs 3,770 cr amount enters government coffers through black money declaration window

The government on Thursday said it received an amount of Rs 3,770 crore from 638 declarations under the one-time black money compliance window that closed on Wednesday.

Govt will not go soft on bringing back black money, says Finance Minister Arun Jaitley

Refusing to relent on the pursuit of black money, Finance Minister Arun Jaitley today said the government will not "go soft" on bringing unaccounted wealth back.