ECONOMY

Tag Archives: black money

Operation Clean Money 2.0: IT to probe 60,000 black money hoarders
14.04.17 15:06 as General - TEAM PT

The Income Tax department has identified about 60,000 individuals in the second phase of  the 'Operation Clean Money' launched today.

The operation has been launched with an aim to detect black money created post demonetisation.
 
Advanced data analytics and integration of data sources, relationship clustering and fund ...
  


Biggest seizure since Nov 8; I-T officials seize Rs 5.7 crore in new currency notes in Bengaluru
02.12.16 17:29 as Black Money - TEAM PT

In the biggest single cash seizure of the new currency, an Income Tax raid on the premises of two engineers and two contractors in Bengaluru found a whopping Rs 5.7 crore of cash, all in the recently-introduced Rs 2000 notes.

The Income Tax department said it ...
  


Indians stowed nearly Rs 12.5 lakh crore in black money overseas?
21.03.16 01:23 as Black Money - pt team

A new black money estimate calculated by senior economists of the Bank of Italy has pegged Indian's undeclared assets parked overseas in tax havens to be between $4 billion (nearly Rs 27,000 crore) and $181 billion (nearly Rs 12.05 lakh crore) according to two different ...
  


Mr. Jaitley, Allow the Flow of Money and Let the Economy Bloom.
06.03.16 02:13 as Budget - preet k s bedi

Dear Mr. Jaitley
 
When you are in the opposition everything lofty sounds like a great objective for the government to achieve. Impossible is possible as long as someone else has to do it. But when in government, you need to deliver more than moral grandstanding. 
 
Your inconsistencies ...
  


Indian Economy Was saved By 'The Black Money' : Kaushik Basu
04.03.16 03:29 as General - JUSTIN ROWLATT

There is no question that India has the most positive economic story on the planet.
 
Buoyed by increased manufacturing output, India's economy grew by 7.4% in the third quarter of 2015, the fastest growth of any major country in the world.
 
But there is a dark side ...
  



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