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Panama Papers: British PM David Cameron admits he held stake in father's offshore fund
World

Panama Papers: British PM David Cameron admits he held stake in father's offshore fund

British Prime Minister David Cameron admitted that he had held a 30,000-pound stake in an offshore fund set up by his father

Panama papers: Americans do not have to go abroad to hide funds, they can do it at home
World

Panama papers: Americans do not have to go abroad to hide funds, they can do it at home

From Russia to China, and Britain to Iceland, the revelations of the "Panama Papers" have tarnished officials and the wealthy over the implication that they hide riches offshore.

Congress for removal of Bachchan as 'Save tiger' ambassador over Panama Papers leaks
India

Congress for removal of Bachchan as 'Save tiger' ambassador over Panama Papers leaks

With actor Amitabh Bachchan's name figuring in the Panama Papers leaks, the opposition Congress in Maharashtra on Thursday sought his ouster as state's ambassador for the 'Save Tiger project' even as a BJP MLA objected to the 'vilification campaign' against the Bollywood megastar.

Panama Papers an external hack, not a leak from the inside: Mossack Fonseca files complaint
World

Panama Papers an external hack, not a leak from the inside: Mossack Fonseca files complaint

Ramon Fonseca said the firm, Mossack Fonseca, had broken no laws and that all its operations were legal; it had never helped anyone evade taxes.

Panama tax evasion case: Amitabh Bachchan denies knowledge of offshore firms
Entertainment

Panama tax evasion case: Amitabh Bachchan denies knowledge of offshore firms

Amitabh Bachchan has categorically denied having any knowledge of the companies he had been linked to in the Panama Papers case

More data than you have ever seen: This is the story of how #PanamaPapers came to be
World

More data than you have ever seen: This is the story of how #PanamaPapers came to be

A leak of 11.5 million documents from a Panama-based law firm offers a glimpse into the shadowy world where the rich and powerful hide their money, raising sharp questions about the use of shell companies that obscure the identities of their true owners.

Panama Papers: UK PM David Cameron denies owning 'shares, offshore trusts or offshore funds'
World

Panama Papers: UK PM David Cameron denies owning 'shares, offshore trusts or offshore funds'

The revelations about his father are embarrassing for David Cameron, who has sought to lead international efforts to improve financial transparency.

Panama Papers: Why don't we show the same irreverence to dishonest celebrities as crooked netas?
India

Panama Papers: Why don't we show the same irreverence to dishonest celebrities as crooked netas?

Yet, the Panama Papers, the 2.6 terabytes of data or over 11 million documents that have been leaked from Mossack’s secretive offices containing information about 214,500 companies in 21 offshore jurisdictions and names of over 14,000 middlemen such as banks and law firms with whom the law firm has allegedly worked, are still a revelation.

Panama Papers: Law firm's links with North Korea front company disclosed
World

Panama Papers: Law firm's links with North Korea front company disclosed

A North Korean front company used to help fund the country's nuclear weapons programme was among the clients of the Panamanian law firm

Panama Papers: After massive data leak, Panama to launch criminal investigation
World

Panama Papers: After massive data leak, Panama to launch criminal investigation

The state prosecutor's office in Panama has said it will launch an investigation into revelations contained in a massive data leak of a law firm

Panama Papers: Nawaz Sharif's son hits back, says 'nothing wrong' in offshore transactions
World

Panama Papers: Nawaz Sharif's son hits back, says 'nothing wrong' in offshore transactions

Regarding the Panama Papers leak, Hussain said he apartments and companies are his and according to both British and Pakistani law

All you need to know about the Panama Papers row
Business

All you need to know about the Panama Papers row

The tax evaders stashed funds in Mossack Fonseca, a law firm and corporate service provider based in Panama.

#PanamaPapers: Action will be taken against unlawful accounts abroad, says Jaitley
Business

#PanamaPapers: Action will be taken against unlawful accounts abroad, says Jaitley

Government today declared that action will be taken against "unlawful" accounts held abroad by Indians and constituted a multi-agency group to continuously monitor information in the wake of Panama Papers that named 500 people including film actors and industrialists who have allegedly stashed money in offshore entities.

Tax adventurism will prove extremely costly, says Jaitley
Business

Tax adventurism will prove extremely costly, says Jaitley

Amid reports of some Indians having unaccounted wealth in tax havens, Finance Minister Arun Jaitley today said those who did not take advantage of the compliance window last year to declare illegal assets abroad will find "such adventurism extremely costly".