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
SEBI says ready to revisit P-Notes on SIT suggestions
Market regulator SEBI Thursday said it will look into the suggestions of the Special Investigation Team (SIT) on black money to ensure sufficient checks are in place with respect to overseas investments via P-Notes route.
Aug 06, 2015, 21:52 PM IST
Govt taking effective steps to tackle black money: Sinha
The government on Thursday said it's taking effective steps to deal with black money and will focus on high-impact cases with a view to prosecuting offenders expeditiously for credible deterrence against tax evasion.
Jul 30, 2015, 19:43 PM 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: Sebi must have monitoring mechanism to study rise of stocks, says SIT
Submitting its recommendations on black money in its third report, the SIT said that Sebi India must study P-note misuse for money laundering.
Jul 24, 2015, 16:38 PM IST
Take steps to unearth domestic black money: Govt to I-T dept
Parliament recently passed the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Bill, 2015, to deal with black money stashed abroad.
May 25, 2015, 16:13 PM IST
Serious operation needed to combat 'black money cancer': SIT
The Special Investigation Team (SIT) on black money on Friday said a "serious operation" of strictly enacting and enforcing anti-tax evasion laws is the only solution for combating and winning over the "cancerous" menace of illegal funds stashed abroad and within the country.
May 22, 2015, 23:48 PM IST
Black money: Dossier on 15 entities with government
The Supreme Court constituted Special Investigation Team (SIT) on black money has received a new dossier on tax related business information on about 15 entities which have allegedly stashed illicit money abroad.
May 20, 2015, 15:46 PM IST
Black money: SC to hear Subramanian Swamy's plea today
A bench, comprising Chief Justice HL Dattu and justices Arun Mishra and Amitava Roy, said that it will take up the matter on Tuesday at 4 pm.
May 12, 2015, 08:48 AM 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
Black money: SIT asks CBI, ED for better coordination
The Supreme Court-appointed Special Investigation Team (SIT) has asked CBI, Enforcement Directorate and other agencies for better coordination to ensure speedy completion of black money-related cases including the Saradha chitfund scam.
Mar 16, 2015, 21:31 PM IST
Posts in black money SIT vacant: Govt
Government on Friday informed Parliament that it has not been able to fill vacant posts in the Special Investigation Team (SIT) on black money even after granting an "extended period" for eligible officials to apply.
Mar 13, 2015, 16:32 PM IST
No definite date to bring back black money: Govt
Government on Tuesday said it was not possible to provide a definite timeline on bringing back the black money stashed abroad.
Mar 03, 2015, 15:49 PM IST
Budget provisions to check blackmoney much needed: SIT
The Special Investigation Team (SIT) on black money has welcomed the announcements made in the Budget to tackle menace of illegal funds and similar assets stashed abroad even as it cautioned that good results in this direction would come only after new laws and measures are implemented in a proper manner.
Mar 01, 2015, 16:36 PM IST
Taken every possible step to deal with black money: Govt
As part of ongoing efforts to deal with black money, the government on Tuesday said it has taken every possible measure to effectively deal with the issue.
Feb 24, 2015, 20:05 PM IST
