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Black money: For Bollywood, builders & brokers, more shell-shocks in store

Sebi has begun shooting off show-cause notices to suspected 'shell companies'.....»»

Category: topSource: business-standardAug 13th, 2017

Individuals, NGOs can buy electoral bonds without public disclosure

The scheme could help entities route black money to political parties through shell companies, experts fear.....»»

Category: topSource: business-standardJan 4th, 2018

Note ban: ED attaches Rs 9,000 cr in black money; pulls up 1k shell firms

Enforcement Directorate is empowered to conduct investigations to trace assets derived out of the proceeds of crime.....»»

Category: topSource: business-standardNov 9th, 2017

Alternative to note ban to tackle black money

In countries where there is GST for long, taxpayers have evolved methods for creating shell companies to evade tax.....»»

Category: topSource: business-standardOct 1st, 2017

Black money chase: How Modi is cracking the whip on India"s shell firms

Last month, the authorities ordered nearly 200,000 shell companies to be shut down.....»»

Category: topSource: business-standardAug 16th, 2017

In a fight against black money, PM Modi cracks whip on shell firms

Last month, the authorities ordered nearly 200,000 shell companies to be shut down.....»»

Category: topSource: business-standardAug 16th, 2017

Like Swachh Bharat, will clean up economy too: Modi on black money menace

Registration of 100,000 companies cancelled, 37,000 shell firms identified.....»»

Category: topSource: business-standardJul 2nd, 2017

How taxmen nabbed black money hoarders who tried to beat the note ban

Relatives' accounts, meddling with accounting software and shell cos used to hide unaccounted cash.....»»

Category: topSource: business-standardMay 23rd, 2017

Black money routed into gold market, shell cos after note ban: I-T sleuths

Undisclosed income worth over Rs 9,334 cr has been detected tax authorities.....»»

Category: topSource: business-standardMay 3rd, 2017

To unearth black money, ED raids offices of CAs, tax experts in Delhi

ED had conducted nationwide raids on Apr 1 in 16 states as part of its operation against shell firms.....»»

Category: topSource: business-standardApr 13th, 2017

Shell firms case: CBI books 12 people, searches 16 places in Ahmedabad

Deposits were reportedly made between Nov and Dec last year to convert black money into white.....»»

Category: topSource: business-standardApr 7th, 2017

ED busts Rs 8,000-cr black money racket in Delhi; arrests 2 businessmen

The ED's action is part of its crackdown against shell or bogus companies active across the country.....»»

Category: topSource: business-standardMar 22nd, 2017

Abolish long-term capital gains tax on real estate, gold: Mohandas Pai

Gold is another big store of black money, says Mohandas Pai.....»»

Category: topSource: business-standardJan 10th, 2017

Freeports boom highlights risks of shady activities

GENEVA (Reuters) - Freeports springing up around the world as more investors store and trade physical assets are coming under increased scrutiny as potential black holes for dodging taxes, laundering money or financing extremists as bank secrecy erodes......»»

Category: topSource: reutersSep 22nd, 2016

SC to supervise Amrapali projects; wants info on 47 towers, buyers" money

The firm has sought permission of the court to rope in other builders to complete its various housing projects and hand over possession of flats to the hassled homebuyers.....»»

Category: topSource: business-standardFeb 22nd, 2018

I-T slaps fresh charges against Nirav Modi under new anti-black money law

The latest foreign asset is suspected to be a trust registered in Jersey, located near the coast of Normandy.....»»

Category: topSource: business-standardFeb 20th, 2018

Rs 114-bn PNB scam: 200 shell firms, benami assets under ED, I-T scanner

It is suspected that the shell firms were being used by the accused to launder money and create "benami" assets.....»»

Category: topSource: business-standardFeb 18th, 2018

Perspective: Tales in ‘Black Fortunes’ shatter myths about blacks and money

Perspective: Tales in ‘Black Fortunes’ shatter myths about blacks and money.....»»

Category: topSource: washpostFeb 16th, 2018

Inspirational tales in ‘Black Fortunes’ shatter myths about blacks and money

Shomari Wills’s book about black empowerment is a fascinating read of fortunes gained and lost......»»

Category: topSource: washpostFeb 16th, 2018

New black money act slapped on Nirav Modi: 105 a/cs, 29 properties attached

Tax sleuths also pasted attachment notices at immovable properties of Modi, his wife Ami and his firms located in Mumbai, Surat, Jaipur and Delhi.....»»

Category: topSource: business-standardFeb 16th, 2018

A Billion-Dollar Bribery Scandal Sweeps Through the Oil Industry

Shell and Eni paid $1.3 billion for rights to a prized offshore oil field in Nigeria. The question of whether the money was mostly a bribe is at the heart of one of the biggest corruption scandals the industry has faced......»»

Category: smallbizSource: wsjFeb 13th, 2018