Total value of P-note investments in Indian markets increased to 1,78,437 cr at March-end, from Rs 1,70,191 cr at the end of Feb.

The legislation provides for setting up of an authority as “administrator”, which shall have the power to manage the benami property confis...

Singapore, a major international financial centre, has put in place a "robust preventive regime" as part of the global efforts against mone...

Government will soon bring a new law on public procurement to check corruption and domestic black money, Prime Minister Narendra Modi said.

The government has taken a host of steps, including enactment of the black money law, to deal with unaccounted overseas assets.

The Supreme Court constituted Special Investigation Team (SIT) on black money has received a new dossier on tax related business informatio...

It is suspected that some of the entities may have brought back illicit wealth through stock market route, by using complex fund structures...

"Liechtenstein and San Marino became the 62nd and 63rd signatories of the multilateral convention on mutual administrative assistance."

In a major boost for India and other countries seeking details on suspected black money stashed in Swiss banks, Switzerland agreed to autom...

Not helping the government is the commonly-held notion that hundreds of billions of dollars have been spirited out of the country and stash...

In the upcoming Union Budget, govt should consider bringing NRIs at par with the resident Indians in terms of their investments and taxatio...

President Pratibha Patil today said "many steps" are being taken to contain generation of illicit wealth and preventing it from flowing out...

Global financial firm Citi today said India needs to take more measures to stop illicit funds' flow to tax havens even as the government's ...

Sebi, RBI have enhanced vigil on Indian entities routing their funds from secretly-held Swiss bank accounts to India through Dubai and othe...

The Income Tax Department has begun opening overseas tax units in countries with low tax.

The amount is nearly 40% of India's GDP, and nearly 12 times the size of estimated loss to govert because of 2G spectrum scam.

The government said on Tuesday the tax pact signed with Switzerland should help track illicit Indian funds parked in Swiss bank accounts.