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You Searched For "black money abroad" and got 20 results


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1 min read

After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters

As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…

PTI   


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4 mins read

I'm a millionaire, but I'm only leaving my kids a small inheritance. I want them to earn their money like I did.

Payam Zamani arrived in the US with only $75 and is a millionaire. He is leaving his daughters a sm…

Kelly Burch   


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3 mins read

India is seeking details on the rise in Swiss bank deposits from the South Asian country

The finance ministry on Saturday asserted that Indian customer deposits in Swiss banks have fallen …

PTI   


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2 mins read

India's plan to get more people to pay taxes is working — and now its cracking down even harder on assets stashed abroad

India is getting better at taxes. India’s direct tax-to-GDP ratio has reached a ten-year hig…

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3 mins read

I'm a Black woman who grew up hearing about the American dream. Here's why I'm moving to Italy.

Ashley Blanc realized she didn't want to grow old in America after hearing grievances from the elde…

Yoonji Han   


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2 mins read

Foreign banks are spooked by India’s new black money law, taking caution before opening accounts

Apart from exercising caution about those who possess unaccounted wealth and are liable for punishm…

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1 min read

Here’s what Indians residing abroad can do to avoid law suit under the Black Money Law

Kuldip Kumar, partner at PwC India said, "There are plans where the subscriber has certain control …

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1 min read

Wealthy Indians are exploring ways to hide black money. Know how

According to informal email and text message exchanged by traders in Mumbai’s financial markets, ma…

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2 mins read

Agusta Westland case: India’s apex court allows taxman to try accused under new black money law

The Supreme Court stayed an order by the Delhi High Court that prevented the Income Tax (IT) Depart…

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8 mins read

Facing hunger, some desperate Afghans are selling their kidneys for money

Five months into Taliban rule, Afghans tell Insider they've donated a kidney or dangerous amounts o…

Ali Latifi,Tamana Ayazi,Mujta…   


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1 min read

Rs 70,000 crore black money unearthed: SIT

The Rs 70,000 crore of black money includes over Rs 16,000 crore detected after probe launched into…

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2 mins read

Indians deposited 50% more funds in Swiss banks last year

While Swiss banking authorities have made efforts to clean up the sector and make it more compli…

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3 mins read

Not just India, people staying in Singapore and Dubai are facing trouble over Modi’s demonetization

We don’t have any black money. But a note of Rs 500 at the time of economic black out.

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1 min read

Black money blues? Promoters are working overtime to utilise unaccounted funds!

Promoters are planning to invest in Indian capital markets or shell companies as the deadline is Se…

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1 min read

Russia's central bank loosens restrictions on money transfers out of the country — but only for those that don't support sanctions

Russian residents and non-residents from nations that don't support Western sanctions can transfer …

Phil Rosen   


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1 min read

Govt’s Black Money declaration drive has flopped! Only 638 declarations made amounting to just Rs 3,770 cr

"638 number of declarations have been received under the compliance window declaring undisclosed fo…

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1 min read

Scrapping Rs 500/1000 notes will be a game changer, tax collection will increase: Arun Jaitley

Addressing a news conference, Jaitley said from constituting of a SIT for black money and demonetis…

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1 min read

Black Money: Two Indians feature among nationals having bank accounts in Swiss bank

The Swiss Federal Tax Administration (FTA) has asked the two women to register an appeal within 30 …

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1 min read

Tip of the iceberg? I-T department unearths over Rs 13,000 crore black money just from two sets of info

Out of 628 HSBC accounts, around 213 were found "not actionable" as they either had no money in the…

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4 mins read

The safest, smartest way to buy things abroad is the same as in the US: a credit card

Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…

Eric Rosenberg