The tax tribunal's order encompasses various financial years, including 2001-02, in which the opening balance in Marnichi Trust was added t...

LGT Bank had frozen the bank account and asked India to provide evidence linking the account to Verma’s arms deals under investigation.

On March 30, 2009, it had served Dhupelias a notice under section 148 of the Income Tax Act relating to assessment year 2002-03.

In LGT bank case, IT department had assessed total income of the 18 accused at Rs 40 crore and tax and penalty levied on them was around Rs...

India is probing cases of alleged black money stashed by Indians abroad through these two banks -- HSBC Geneva in Switzerland and LGT Bank.

In 80 cases till now, the department has detected undisclosed income of Rs 438 crore and taxes of Rs 135 crore have been realised so far.

The Income Tax dept has decided to re-open past tax returns of individuals in Mumbai and Delhi among others, in order to unearth black mone...

The CBDT has provided to CBI for possible action the names of those individuals whose names have figured in the LGT Bank accounts.

The Enforcement Directorate has issued foreign exchange violation notices to those individuals whose names have figured in the LGT Bank acc...

The Enforcement Directorate will probe unreported foreign bank account holders in LGT Bank and HSBC, whose details were furnished to the In...

The Indian film and wedding industries are always on the lookout for fresh ideas.

The Centre recently turned down a bid by a Zurich registered trust, owned by the ruling family of Liechtenstein, to pick up a stake in a Sa...

The Central government has served notices on 17 Indian nationals, including Mumbai’s well-known diamond traders, who are found to have alle...

Liechtenstein has declined help in India''s quest for suspected black money trail to the small but rich European country bordering Switzerl...

Of the 50 Indians who stashed away unaccounted money in the European tax haven of Liechtenstein, 25 belong to Mumbai. Tax authorities have ...

Paris prosecutors opened a probe Wednesday into whether oil giant Total SA, tire company Michelin SA, and the French operations of sportswe...

Germany's fat cat tax dodgers were under fire Saturday from government ministers after it was revealed that possibly billions of euros had ...