It is alleged that Sterling Biotech took loans of over Rs 5,000 crore, which had turned into non-performing assets.

Jaitley was replying to a debate on Benami Transactions (Prohibition) Amendment Bill, 2016 in the Rajya Sabha, which later passed the legis...

The Minister said the government will act tough against those found to holding illegal offshore accounts as revealed in the Panama Papers l...

Germany, France, Switzerland, Singapore, Mauritius and the British Virgin Islands are among those that are providing info or will soon star...

Prominent among those facing such a imbroglio are RIL chairman Mukesh Ambani and his brother Anil, the chairman of ADAG.

These treaties provide only for collection of documents and does not help in attachment or restraint of funds or assets of a suspect black ...

Probe agencies, including the CBDT, CBI and the Enforcement Directorate, have made these challenges known to the SIT on black money.

Perusing the contents of the first interim report submitted by SIT, a bench headed by Justice H L Dattu said, "some progress has been made".

Jaitley said the government is taking action on information received from France as well as tax haven Lichtenstein and sharing it with the ...

CBI Director Ranjit Sinha asked his teams to collect all info regarding black money in association with other agencies and prepare a report.

Under the law, any such info can only be disclosed to a court or used in a criminal prosecution but SC had expressed anger over delayed rep...

European Union leaders have agreed to crack down on tax evasion more effectively by abolishing their banking secrecy.

The suspect funds were received by five Indian companies through three banks, according to sources in the agency probing the case.

The agency has dispatched the requests, called Letters Rogatory (LRs) in judicial terminology, after a special court here recently allowed ...

'Managing the asset recovery investigation is complex, time-consuming, costly and most importantly requires expertise and political will.'

Indians are the largest depositors in banks abroad with an estimated $500 billion (nearly Rs 24.5 lakh crore) of illegal money stashed, the...

A disk said to contain the names of some 1,300 Germans evading the taxman by parking funds in Switzerland comes from British bank HSBC, the...