No action under FEMA against black money declarants: RBI
In a bid to encourage disclosure of undeclared assets held abroad, the Reserve Bank of India Thursday said no action under FEMA will be taken against declarations under one-time compliance window ending on Wednesday.
Sep 24, 2015, 22:10 PM IST
Black money: Declare foreign asset by Sep 30 or face consequences, warns govt
With less than 10 days being left for close of compliance window under the black money law, the government Monday said there will be no harassment to foreign asset holders who declare their wealth by September 30.
Sep 21, 2015, 19:36 PM IST
Govt promises total confidentiality on black money declarations
The Finance Ministry issued 32 Frequently Asked Questions (FAQs) on the compliance window on July 6, and came out with the second set today.
Sep 03, 2015, 20:04 PM IST
Govt must build trust for compliance window success: Kidwai
The government needs to assure against any "witch-hunt" to make the compliance window under the new black money law a success and it's a "pity" that the people do not believe its credibility, HSBC's India head Naina Lal Kidwai has said.
Sep 01, 2015, 16:25 PM IST
Black money: Swiss banks ask Indians to utilise 'compliance window'
Spooked by the new black money law, a number of Swiss and other European banks have begun asking Indian clients to disclose their accounts to the tax authorities back home as they fear being accused of 'abetting' the hoarding of untaxed assets.
Aug 30, 2015, 18:04 PM IST
Foreign assets of Rs 6,500 cr disclosed under compliance window: PM
Modi said several important steps including agreements with countries like the US for real time sharing of information on foreign assets have been taken.
Aug 15, 2015, 10:40 AM IST
When illness is dangerous, injection is required: PM Modi on black money
Prime Minister Narendra Modi on Saturday said that stringent provisions on black money law will not be diluted despite pressure from all counters.
Aug 15, 2015, 08:56 AM IST
