How Chidambaram plans to check tax evasion

Finance Minister P Chidambaram on Thursday called for better information sharing among various agencies of the government to check tax evasion. "I think organisations must come forward to share......

RBI probes banking gaints on money laundering charges

A shocking revelation that banking giants HSBC and Standard Chartered are suspected to have laundered money for drug cartels has prompted an in-depth inquiry by Indian investigation agencies. The......

Govt setting up high-tech platform under IB to track new age criminals

Security and intelligence agencies will soon be provided with a new platform which is technologically advanced, secure and helpful in dealing with new age criminals and anti-social elements,......

Shah reviews security situation; threats from global terror groups

Union Home Minister Amit Shah on Monday reviewed the country's prevailing security situation and emerging challenges that include threats from global terror organisations, illicit use of cyberspace......

FinMin rejigs tax intelligence arm

The finance ministry has overhauled its income-tax intelligence wingto speed up investigation of high-value cases of Rs 10 lakh (Rs 1 million) and above and stop new methods of tax evasion.......

How Chidambaram plans to check tax evasion

Finance Minister P Chidambaram on Thursday called for better information sharing among various agencies of the government to check tax evasion. "I think organisations must come forward to share......

I-T dept collects over Rs 3,500 crore from non-filers

The Income Tax department has issued over 20 lakh ‘intimations’ and collected Rs 3,569 crore (Rs 35.69 billion) in the current financial year from those taxpayers who had either not......

Panel to check trade-based money laundering

To curb the menace of illicit fund flows, the government has set up a high level panel that will look into trade-based money laundering activities which particularly involve manipulation of......