Sanjay Bhandari's close associates may be booked for money laundering.

According to three senior finance professionals, more and more nominee directors are being used to camouflage the true ownership of such co...

5 lakh people to get SMSes & emails today seeking clarification; can reply on portal.

Demonetisation could have the particularly profound impact on the real estate sector," the survey said in an analysis on the impact of note...

Fitch said that the demonetisation move comes at a time when property demand in India had slowed due to rising unsold inventory and high pr...

The RBI and the government have been trying to assuage public anger after Prime Minister Narendra Modi abruptly decided to withdraw large d...

Government 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...

This will be the first such meeting the Finance Minister will hold to explain provisions as well as clear misgivings about the one-time com...

However, the Indian Penal Code (IPC) offences will apply if the undeclared wealth was acquired through criminal means, sources told PTI.

The govt expects more declarations before the deadline ends. The amount appeared small given the quantum of wealth Indians are supposed to ...

Those availing the one-time 'compliance window' would be required to pay a tax of 30 per cent and a penalty of a similar amount.

The new anti-black money law-- Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 takes effect from April ...

Government is soon expected to notify a 'small time' compliance window for those holding undeclared assets to voluntarily declare these to ...

The cells or the special units will be manned by senior tax officials to ensure that those coming clean do not face harassment.

Holders of such assets that are not declared within the stipulated period will be denied credits under double-taxation agreements.

"The Prime Minister's television interaction with some leading journalists last week has been disappointing. It shows much less concern abo...

Income-tax officials on Thursday claimed to have detected documents revealing unaccounted wealth of around Rs 11 crore during their searche...