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Tuesday, November 11, 2025
TopicBlack money

Topic: black money

Pandora Papers show stringent laws alone won’t deter rich Indians engaged in financial jugglery

The Modi govt will have to come up with out-of-the box ideas such as drastic reduction in income tax slabs to stop capital flight.

Modi’s demonetisation will be of use during the coronavirus lockdown

Modi govt's overnight, ill-conceived, egotistic decision that left lakhs of people jobless and paralysed India’s informal economy 3 yrs ago may just give some returns.

Deposits after demonetisation rose by Rs 6 trillion and yet bank credit fell, study shows

Canada-based economics professor's study finds that on the cost side, there is strong evidence that demonetisation reduced employment, especially in informal sector.

Illegal cash transactions are on the rise, despite Modi govt’s anti-black money laws

Income tax department tells Parliament it has unearthed 1,421 cases worth Rs 2,101 crore in FY2019-20 so far, up from 1,110 cases involving Rs 1,015 crore for 2018-19.

Centre receives first tranche of Swiss bank account details of Indian nationals

The information, provided under the new automatic information exchange pact, includes details of currently active accounts as well as those closed in 2018.

Modi govt looks to catch NRI tax evaders with retrospective change in Black Money Act

Changes proposed target individuals who were Indian residents while acquiring their undisclosed property overseas and earning unaccounted income.

Why all funds deposited by Indians in Swiss banks are not black money

As India has ranked 74th in terms of money stashed by its residents in Swiss banks, ThePrint takes a look at the different legitimate ways of transferring funds overseas.

SC stays HC order disallowing black money law to operate retrospectively from July 2015

The Delhi HC in its interim order had stayed the Centre's notification to make black money law operational with effect from July 1, 2015.

Supreme Court seeks response from P Chidambaram’s family on Income Tax dept’s plea

The top court has refused to stay the Madras High Court order quashing criminal prosecution against the Chidambarams as requested by the Income Tax dept.

BJP didn’t make Rs 15 lakh promise in 2014 manifesto, says party leader Kalraj Mishra

The former Union minister said the opposition was misleading people, and clarified that BJP said if black money stashed abroad came back, an estimated Rs 15 lakh can be given per family.

On Camera

BBC scandal: Britain’s elite establishment is rapidly sinking

The impact of all this upheaval is unmooring. We search for the BBC to confirm that Britain still exists and find it missing.

India’s factory data may get reality check in MoSPI’s new IIP plan, defunct factories to be dropped

MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.