Page-3 of Topic: black money
Black money worth Rs. 65,250 crore declared under Income Disclosure Scheme, 2016
The Central Board of Direct Taxes (CBDT) has received total disclosure of Rs. 65,250 crore black money in the form of cash and other assets under the Income...
Union Cabinet approves Agreement between India and Samoa for exchange of information with respect to Taxes
The Union Cabinet has given its approval for signing and ratification of Agreement between India and Samoa for the exchange of information with respect to Taxes. It will...
Union Cabinet approves revised India-Cyprus Double Tax Avoidance Agreement
The Union Cabinet approved a revised Double Tax Avoidance Agreement (DTAA) and the Prevention of Fiscal Evasion with respect to Taxes on Income between India and Cyprus. The...
Parliament passes Benami Transactions (Prohibition) Amendment Bill, 2016
The Parliament has passed the Benami Transactions (Prohibition) Amendment Bill after it was unanimously approved by Rajya Sabha. The comprehensive amendment bill seeks to amend and strengthen Benami... Lok Sabha passes Benami Transactions (Prohibition) Amendment Bill, 2015
The Lok Sabha has passed comprehensive Benami Transactions (Prohibition) Amendment Bill, 2015 to curb domestic black money. The comprehensive amendment bill seeks to amend and strengthen Benami Transaction...
Union Cabinet approves pact for avoidance of double taxation with Belgium
The Union Cabinet has given its approval to the signing of a Protocol amending the Agreement between India and Belgium for avoidance of double taxation. Decision in this...
SEBI issues stricter KYC, disclosure norms for P-Notes
The markets regulator SEBI (Securities and Exchange Board of India) has put in place a stricter KYC (Know Your Customer) norms and disclosure regime for Participatory Notes (P-Notes)....
India signs up to Europe-led clampdown on tax evasion and corruption
India has joined a group of nearly 40 countries that have signed a Europe-led clampdown on tax evasion and corruption. Under this group countries are committed to automatically...
India, Qatar sign seven agreements to boost bilateral ties
India and Qatar have signed seven bilateral agreements in various fields to boost bilateral ties. These agreements were signed in presence of Prime Minister Narendra Modi and Qatar... Income Declaration Scheme 2016 to open from 1st June 2016
The Income Declaration Scheme 2016 or four month window for declaration of domestic black money shall come into effect from 1st June 2016. The window provides an opportunity...
India, Mauritius signs Protocol to Amend Taxation Methods
India and Mauritius have signed a protocol to amend taxation methods for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on...
