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BLACK MONEY SCHEME
ET Alpha Wealth Summit | 'Don't think the US is the world': Devina Mehra's 3 rules for getting global investing rightIndian investors are increasingly seeking global investments. Wealth managers emphasize strategic diversification, not reactive choices. De...- 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...
- 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...
- Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Rs 1 cr retirement corpus not enough: PSU employee retiring after 35 years job breaks down before son seeking helpA PSU employee retiring with nearly Rs 1 crore faces family anxiety due to his history of financial mismanagement and falling victim to sca...
- Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in AprilMutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reduct...
- Euler Motors doubles FY26 revenue to Rs 402 crore, losses expandEuler Motors, a commercial EV manufacturer, more than doubled its FY26 revenues to Rs 402 crore, driven by rising EV adoption. Despite wide...
- JioBlackRock Mutual Fund files draft document with Sebi for hybrid long-short fund under Prism SIFJioBlackRock Mutual Fund has filed draft papers with Sebi to launch a hybrid long-short fund under its Prism SIF platform. The interval str...
- 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...
- Mutual fund SIP investments underperforming? Here’s why investors should stay invested despite short-term lossesNew investors facing market dips are advised to remain invested. Experts suggest avoiding duplicate funds and focusing on quality investmen...
- Has RBI announced 'new rules' for exchanging old Rs 500 & Rs 1,000 currency notes?Social media claims about the Reserve Bank of India allowing exchange of old Rs 500 and Rs 1000 notes are false. The official website of th...
- Budget 2019 proposes to allow black money scheme 2016 declarants another chance to pay upWhat is more, the budget also proposes to allow refund of excess money paid under this scheme for a 'class of persons' to be notified later...
- Proposed black money tax changes decoded: What you need to knowThe government has offered the carrot – the least tax option of the Garib Kalyan Yojana – and shown the stick: the hiked tax and penalties.
- Tax dept scanning IDS disclosures filed through postGovernment had offered a one-time chance to holders of income and assets that had illegally escaped taxes, to come clean by paying 45 per c...
- Was the black money disclosure scheme a success?The scheme was a moderate success. Aggregate disclosures amount to Rs 65,250 crore, on which 45% is payable as tax, surcharge and penalty, ...
- Black money crackdown: Government to rope in celebs to boost income disclosure schemeSources said the govt is launching regional campaigns, initially in Tamil and Telugu, to advocate the merits of the scheme meant to suck ou...
- Government allows more time for paying tax to those declaring unaccounted assets under black money schemeUnder the initial terms, the entire tax had to be paid by November 30, 2016 and the declarations could be made by September 30, 2016.
- CBDT releases FAQs on black money schemeThe black money scheme announced in the budget has stringent checks and balances to ensure ill-gotten wealth is not laundered through this ...
- No amnesty scheme for bringing back black money: Veerappa MoilyThere are methods such as double taxation and "many other channels", he said. "Now, we got back the money," he said without elaborating.
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