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.
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.
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
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
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.
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
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.
Amended tax treaties with Singapore, Mauritius and Cyprus are undoubted milestones as these islands were almost noble centres for money-laundering
Panama Papers first emerged around 8 weeks ago, divulging details taken from nearly four decades of records from Mossack Fonseca's computer archives.
Panamanian President Juan Carlos Varela called on Tuesday for global efforts to tackle the "Panama Papers" scandal
The people benefitting from the global economy are those at the top, simply because our economic system is heavily skewed in their favour
The return of Niira Radia: Eight years after the tapes, Vaishnavi founder's name pops up in the Panama Papers
Niira Radia has now surfaced in the "Panama Papers" exposé
The German and Panama leaks are grim pointers -- the secretive foreign bank accounts or no longer secretive in this day and age of hacking, ethical or cynical
How different is the BJP-led NDA government from the UPA when it comes to approach towards black money? Not much. The government on Monday disclosed three names before the Supreme Court, but this falls way short of the expectation the government raised during its election campaign.
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,
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.
Sinha has written to Secretaries of Banking and Revenue Department in the Finance Ministry, saying this model of over invoicing by a front company of a business group abroad is being largely misused by corporate groups to illegally route funds from abroad, official sources said.<br />