The Swiss government began making details of dormant accounts public in 2015 to allow their claimants to submit necessary proof to get access to those funds.
Any form of gold without a receipt will have to be disclosed to the government and the tax must be paid based on the rate set by the government.
The apex court set aside the May 16 order of the high court which had also said that the black money law cannot be allowed to operate with retrospective effect from July 1, 2015.
According to the central bank’s RTI reply, 3,542.991 million notes of Rs 2,000 were printed during the financial year 2016-17.
Based on preliminary findings, the undisclosed income of the group was estimated at over Rs 150 crore while unaccounted cash of Rs 30 crore was seized,
The Minister of State for Finance and Corporate Affairs was addressing reporters here on the completion of 100 days of Narendra Modi-led National Democratic Alliance (NDA)-II government.
Here are 12 memorable moments from the life of a man who always said as he saw it.
BJP wanted to capture the pujas but they failed in that attempt, so now they want to abolish the pujas by creating these problems, Kolkata Mayor Firhad Hakim said.
Mamata directed her party workers to stage demonstration on July 26 against black money that the BJP had distributed in Bengal before the Lok Sabha elections.
In 2014, the BJP-led government came to power with a thumping majority and one of the key poll promised was to bring back black money stashed abroad.
The Madras High Court granted anticipatory bail to former Union Minister P Chidambaram's son in connection with the warrant issued by the I-T for allegedly not disclosing foreign assets.
Finance Minister Arun Jaitley defends demonetisation, says it succeeded in unearthing black money, preventing corruption
He also informed the House that data analytics was being used to match information in IT returns with cash deposit data and identify high risk cases/ groups for necessary verification/investigation.
The Law Commission is set to recommend legalising betting in sports and gambling. It will soon submit its report, a draft copy of which has been accessed by Express, to the government and the Supreme
The places raided included the residence of M. Natarajan, Sasikala's husband, in Thanjavur; Kodanad Tea Estate belonging to Jayalalithaa; Jazz Cinemas, Midas Distilleries, Jaya TV and Dr Namadhu MGR.
A majority of people took to digital mode of transactions to make the country cashless following the announcement of demonetization by the Prime Minister Narendra Modi on November 8 last year.