Black money SIT meets; asks agencies to check Bank of Baroda like cases
The SIT on black money on Saturday held a review meeting here and instructed probe agencies to step up their action against those fake firms and entities which are using banking channels to launder huge illegal funds like the recent case at a Bank of Baroda (BoB) branch in Delhi.
Oct 17, 2015, 20:01 PM IST
Black money in stock markets: SEBI to review surveillance systems, fast-track enforcements
SEBI has been asked by a Supreme Court appointed Special Investigation Team (SIT) on Black Money to take additional measures to catch those evading taxes and laundering black money through trading in illiquid stocks and P-Notes.
Aug 30, 2015, 18:30 PM IST
Black money: Now, rich Godmen under SIT scanner
The SIT on black money will closely monitor the source of wealth and its utilization by the Indian Godmen.
Aug 27, 2015, 11:26 AM IST
Black money fight: SEBI, Govt to update SIT on safeguards
Asked to tighten its noose on tax evaders and black money launderers in stock markets, regulator SEBI will consult the government on all necessary steps, including on P-Notes, and update the Supreme Court-appointed Special Investigation Team about the safeguards.
Aug 24, 2015, 23:59 PM IST
Fight against black money: Sebi to discuss P-Notes issue
The Special Investigation Team on Black Money had suggested that Sebi needs to further strengthen its monitoring mechanism to detect instances of the stock market platform being misused for tax evasion.
Aug 23, 2015, 14:56 PM IST
Sebi board to discuss SIT suggestions on black money fight
As it continues its fight against suspected illicit funds being routed through stock markets, Sebi has initiated an internal study of suggestions made by the Supreme Court-appointed SIT on black money and the matter would be discussed by the regulator's board later this month.
Aug 07, 2015, 15:11 PM IST
Govt to hold consultations on P-notes, no decision yet: Revenue Secretary
The Supreme Court-appointed SIT on black money last week recommended a host of measures, including suggesting the securities regulator SEBI to tighten norms related to participatory notes investments into India.
Jul 27, 2015, 11:09 AM IST
SIT suggests host of tough measures to check black money
Seeking a tight rein on black money, the Supreme Court-appointed SIT Friday recommended enacting tough laws to curb betting in cricket, bring donations to education and religious bodies under tax net, monitoring unusual rise in stock prices and regulating P-Notes.
Jul 24, 2015, 23:29 PM IST
SIT asks SEBI to clamp down on tax evaders, P-Note misuse
Concerned over flow of black money into stock market, the Supreme Court-appointed SIT today asked regulator SEBI to compulsorily identify real owners of foreign funds coming through the controversial P-Note route and also prosecute those using equities for tax evasion.
Jul 24, 2015, 22:25 PM IST
Black money: SIT for donations to colleges, charities through cheque
The SIT on black money has suggested measures to ensure donations by cheques to prevent black money generation in education sector, religious bodies and charities, and sought prosecution of those donating and accepting unaccounted money under anti-corruption law.
Jul 24, 2015, 22:24 PM IST
Black money: Curb betting in cricket, check donations, says SIT
To check the black money menace, SIT Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.
Jul 24, 2015, 18:50 PM IST
Black money: Swamy moves SC seeking permission to assist SIT
The Supreme Court Wednesday sought a response from the Special Investigation Team (SIT) on a plea of BJP leader Subramanian Swamy seeking permission to assist the panel in unearthing and bringing back black money from tax havens.
May 13, 2015, 00:15 AM IST
Black money: SIT advisor given three-month extension
Former CBDT chairman K V Chowdary has been given a three-month extension as the advisor to the Special Investigation Team (SIT) on black money.
May 01, 2015, 16:59 PM IST
Black money: SIT holds full review meeting of cases
The Special Investigation Team (SIT) on black money Thursday held a full meeting to review the work and progress made by various investigative and enforcement agencies by the closure of the last financial year on March 31.
Apr 30, 2015, 22:30 PM IST
Black money: SC asks SIT to submit status report by May 12
The Supreme Court has asked the Special Investigation Team (SIT) on black money to submit a status report of its investigation in the money laundering case by May 12.
Apr 21, 2015, 17:48 PM IST
Black money: SIT reviews work of probe agencies
The Special Investigation Team (SIT) on black money Wednesday reviewed the work done by various agencies in connection with their respective probes in tax evasion, duty theft and money laundering cases.
Apr 08, 2015, 21:59 PM IST
Info on black money abroad has led to penalties: Govt
Sustained efforts made to obtain information about black money stashed abroad by Indians have yielded results such as imposition of penalties and complaints in criminal courts, government said Wednesday.
Mar 10, 2015, 17:05 PM IST
Black money holders will have a last chance to disclose assets
Government today disclosed that it will offer a "window" to Indians holding black money in foreign bank accounts to come clean but categorically ruled out any amnesty scheme for them.
Mar 01, 2015, 20:05 PM IST
Black money: I-T dept to file 100 more complaints in court
The department, according to sources, is also expected to collect an additional revenue to the tune of Rs 3,200 crore after completing final assessments and prosecutions of these cases, as taxes and penalties.
Feb 22, 2015, 11:01 AM IST
Black money: SIT writes to ICIJ to obtain data on Indian a/cs
The Special Investigation Team (SIT) on black money has approached ICIJ -- a global collective of investigative journalists -- to obtain the full data on Indians holding bank accounts in HSBC Geneva, which the group made public earlier this week under its 'Swiss Leaks' revelations.
Feb 12, 2015, 21:36 PM IST
