China cracks down on 'black banks' stashing ill-gotten wealth
Crimes related to underground banks have become increasingly severe and complex, a senior Ministry of Public Security official told state-run China Daily.
Oct 16, 2015, 17:05 PM IST
After BoB, now Oriental Bank of Commerce involved in black money transfer
As per Zee Media sources, OBC transferred Rs 500 crore through its accounts to Hong kong.
Oct 15, 2015, 16:10 PM IST
Bank of Baroda scam: HDFC says fully cooperating with probe agency
HDFC Bank, whose one employee has been arrested in the alleged Bank of Baroda Rs 6,000-crore illegal remittances case, Wednesday said it is examining the matter internally and cooperating with investigation authorities.
Oct 14, 2015, 21:53 PM IST
In Bank of Baroda Scam, Enforcement Directorate Arrested Big People
In Bank of Baroda Scam, Enforcement Directorate arrested many. To know the name of those big people got arrested by Enforcement Directorate, watch the full video.
Oct 13, 2015, 19:53 PM IST
Bank of Baroda's Ashok Vihar branch raided by CBI in forex scam
Bank of Baroda's Delhi branch in Ashok vihar was raided by CBI, ED and SFIO upon illegal transfers of Rs 6,172 crores in foreign exchange made to Hong Kong.
Oct 10, 2015, 16:42 PM IST
Black money: Today is the last date to disclose your unaccounted foreign assets
The Finance Ministry has warned that failure to declare an undisclosed foreign asset "will entail severe consequences", including higher penalty, prosecution, and may also result in forfeiture of assets under the Prevention of Money Laundering Act.
Sep 30, 2015, 12:50 PM IST
Have you won a `lottery`? Your money may be going to Dawood Ibrahim
Stepping up pressure on underworld don Dawood Ibrahim, the Income Tax officials on Thursday unearthed Rs 100-crore hawala racket in Kolkata, West Bengal.
Sep 25, 2015, 13:24 PM IST
ED may soon file complaint of money laundering in National Herald case
The Enforcement Directorate may now register a complaint of money laundering in the National Herald case, days after a senior official of the agency had noted that there was no case made out against Congress President Sonia Gandhi and Vice President Sonia Gandhi.
Sep 18, 2015, 22:19 PM IST
PMO takes cognisance of complaint about money laundering in Goa
The PMO has asked the finance ministry to take "appropriate action" in the light of a complaint by a Goa-based anti-corruption NGO, which reported about linkages between a Goa-based hawala operator and the local casino industry.
Sep 12, 2015, 19:20 PM IST
Sheena Bora murder: NCP wants ED to probe 'money laundering' in INX Media
Opposition NCP on Thursday demanded an ED probe into "money laundering" angle in finances of INX Media, founded by Indrani Mukerjea, the prime accused in Sheena Bora murder case, and her husband Peter Mukerjea, while hinting that such investigation will unravel a "big name".
Sep 10, 2015, 21:35 PM IST
Outflow from developing nations a matter of concern: Sinha
Expressing concerns over the outflow of funds from developing countries, including India, through money laundering and other ways, Minister of State for Finance Jayant Sinha Wednesday said as much as USD 300-600 billion moves out through such channels.
Sep 02, 2015, 22:02 PM IST
SEBI steps up black money fight; busts gains through 'losses'
As it steps up its crackdown on tax evasion and laundering of black money through stock markets, regulator SEBI has busted an 'innovative' scheme wherein HNIs were incurring 'bogus losses' to offset tax liabilities.
Aug 23, 2015, 18:33 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
US Fed raps China Construction Bank over money laundering
Within 60 days, the bank should submit plans for compliance programs for anti-money laundering controls, customer due diligence programs, and methods for spotting suspicious transactions, the Fed said.
Jul 22, 2015, 15:33 PM IST
BSE wants exemption to go to check tax evasion through stocks
To prevent money laundering and tax evasion through misuse of securities markets, leading stock exchange BSE has suggested removal of the long-term capital gains tax on transactions in stocks.
Jul 17, 2015, 12:37 PM IST
End capital gains tax exemption to curb money laundering: BSE
The Bombay Stock Exchange (BSE) Thursday called for ending exemption of capital gains tax on securities to contain various entities using capital markets to evade taxes and launder money.
Jul 09, 2015, 23:58 PM IST
Black money: ED attaches Rs 116 crore kept in Singapore bank
In a major success in black money probe, the Enforcement Directorate (ED) has successfully attached around Rs 166 crore kept in a Singapore bank in connection with money laundering probe in a city-based ponzi scam case.
Jul 08, 2015, 00:53 AM IST
Black money: Govt warns of consequences for non-disclosure of foreign assets
The Finance Ministry said that if undisclosed assets are unearthed by the tax department at a future date, then 120 percent tax and penalty would be levied on its fair market value on that date, besides a jail term.
Jul 06, 2015, 19:35 PM IST
Money laundering: RBI advised to share banks inspection report
The Reserve Bank of India has been advised by the Law Ministry to share extracts of its banks' inspection reports with intelligence and law enforcement agencies to help check money laundering and violations of other banking laws.
Jun 25, 2015, 15:49 PM IST
Italian prosecutors seek to indict Bank of China, 297 people
Italian prosecutors are seeking to indict 297 people and the Bank of China in connection with a massive money-laundering investigation reported earlier this month.
Jun 21, 2015, 19:10 PM IST
