Tax Havens

World failed to eliminate tax havens post 2008 financial crisis: Spanish PM Pedro Sanchez

In a special address at the WEF Annual Meeting here, Spanish Prime Minister Pedro Sanchez warned that the world is in danger of forgetting the lessons that were learnt from the financial crisis of 2008.

Indians' Swiss bank deposits have been falling from 2006 peak, but that doesn't mean all is well

if Indian money deposits have dipped in Swiss banks and if we assume this was all black money, where did all this money go,

Offshore tax haven concealing data may delay seizure of assets under Fugitive Economic Offenders law

The ED can do little despite penetrating the veil of secrecy in some cases due to tax havens' non-cooperation in unearthing tax evasion and fraud.

Indo-Swiss pact on hidden wealth: Why it isn't helping in India's fight against black money

Black money is known as illicit financial flows (IFFs) internationally, which are defined as a cross-border movement of funds that have been illegally or unethically earned, transferred or utilised

Paradise Papers reveal 714 Indians on tax haven list: How corporations, politicians and celebs stash wealth

The government has directed that investigation in cases of Paradise Papers will be monitored by a re-constituted MAG, headed by the Chairman CBDT

Paradise Papers leaked highlights: EU to discuss blacklisting tax havens; In India, multi-agency panel will probe those named

Some of the revelations in the Paradise Papers include millions of pounds from Queen Elizabeth II's private estate that has been invested in a Cayman Islands fund and some of her money that went to a retailer accused of exploiting poor families and vulnerable people.

Paradise Papers leaks: European Union to discuss blacklist of worldwide tax havens today

Measures previously discussed include an EU-wide list of tax havens meant to discourage the rerouting of profits made in EU to tax-free or low-tax countries like Panama or Bermuda

Facebook and Twitter had received major investment from Russia-linked firms: Paradise Papers

The documents called "Paradise Papers", were obtained by German newspaper SUddeutsche Zeitung and reviewed by the International Consortium of Investigative Journalists (ICIJ) and several media outlets across the globe.

Paradise Papers: Jayant Sinha, Vijay Mallya, Amitabh Bachchan in list of prominent people who had invested in tax havens

Paradise Papers are a huge set of documents - 13.4 million to be exact - that German newspaper Süddeutsche Zeitung gained access to

HSBC discloses tax evasion probes in India, other countries; provisions Rs 5,000 cr

Giving case-wise details, it said the Indian tax authorities in February 2015 had issued a summons and request for information to an HSBC company in India.