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BLACK MONEY LAW
Libra, Scorpio, Sagittarius Horoscope Today for June 18, 2026: Major Career Wins, Fortune Boosts and Deep Personal GrowthYour Daily Horoscope Today focuses on professional advancement, spiritual breakthroughs, and strategic planning. The cosmic alignments brin...
EU lawmakers to approve migrant detention and deportation boostEuropean lawmakers are set to approve stricter migration rules. These new regulations grant authorities more power to detain irregular arri...
Libra, Scorpio, Sagittarius Horoscope Today for June 17, 2026: Career Success, Financial Growth & Fortune Favors YouYour Daily Horoscope Today focuses on professional elevation, spiritual clarity, and cautious strategic planning. The planetary alignments ...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
Paid tax on black money? 7 reasons you can still lose it all
In 1999, a Texas farmer donated 87 acres for a public park for just $10, and in 2025, the city sold it to a data center developer for $10 millionA Texas farmer's 1999 gift of 87 acres for a park was intended to benefit local children. Decades later, that land is slated for a data cen...
Trump shifts higher education fight from campus probes to federal rulebookThe Trump administration is changing its approach to higher education. Instead of targeting individual campuses, new federal rules are bein...
How the Supreme Court is reshaping the US midterm electionsThe US Supreme Court is set to decide two crucial election law cases. One case challenges rules on counting mail-in ballots received after ...
RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...
Top cases on the United States Supreme Court's docketThe U.S. Supreme Court is reviewing significant cases. These cases cover voting rights, presidential authority, immigration policies, and g...
Kalshi, Polymarket defy India ban on online betting platformsDespite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to ...
PM Modi empowered ED to cleanse cancer of financial crimes; not to target anyone: MoS Pankaj ChaudharyPankaj Chaudhary, the Minister of State for Finance, called the central agency the "nation's shield against financial crimes", stating that...
Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
Tax on destination wedding outside India: Will income tax apply on gifts in form of cash, property, gold jewellery? Know the rulesWhether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...
Tax demands of Rs 13,566 crore raised in four fiscals under black money law: MoS FinanceIn the four fiscals starting 2018-19, a total of 349 assessment orders were passed and a demand totalling Rs 13,566 was raised.
After Benami ruling, all eyes on 'retrospectivity' of Black Money LawWhile the I-T Act can be used to claim tax on 10-year old undisclosed income, the Black Money (BM) Act empowers the tax department to go af...
Foreign banks startled by new black money law; stepped up vigilance while executing overseas transactionsThe new black money law makes hiding wealth overseas a criminal offence attracting up to 10 years of rigorous imprisonment.
Government notifies rules for asset valuation under black money lawGovernment has notified the rules for calculating overseas income and assets under the stringent foreign black money law that came into for...
Black money law: Foreign property to be taxed at current priceIndians having undisclosed property abroad will have to pay tax and penalty on the basis of the current market value of the asset.