Black Money Archive

Recovery of undisclosed income post demonitization

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Recovery of undisclosed income post demonitization Press Information Bureau  Government of India Ministry of Finance 01-August-2017 17:47 IST Recovery of undisclosed income post demonitization  With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities

 

Prime Ministers 10 Questions-My humble replies-suggestions on decision taken regarding banning currency notes of Rs. 500 and Rs. 1000

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Prime Ministers 10 Questions-My humble replies-suggestions to  on decision taken regarding banning currency notes of Rs. 500 and Rs. 1000 I appreciate the move by our Prime Minister in inviting their views on the subject. There can not be two opinion that black money must be put to rest.

 

India-Switzerland Declaration for Exchange of Information from September 2019 onwards of accounts held by Indian residents for 2018 and subsequent years

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India-Switzerland Declaration for Exchange of Information from September 2019 onwards of accounts held by Indian residents for 2018 and subsequent years Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 22nd November, 2016 PRESS RELEASE Sub: Signing of ‘Joint Declaration’ by India

 

Action on Black Money stashed abroad.The Government has taken several steps to effectively tackle issue of black money

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Action on Black Money stashed abroad.The Government has taken several steps to effectively tackle issue of black money, particularly money in abroad   Ministry of Finance 18-November, 2016 Action on Black Money There is no official estimation of the amount of black money within the country and stashed abroad.

 

New Bank note cash withdrawal limit of 10000 removed. Exchange and ATM withdrawal Limits for 500 1000 notes also increased-Notification

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New Bank note cash withdrawal limit of 10000 removed. Exchange and ATM withdrawal Limits for 500 1000 notes also increased by Rs. 500/-Notification MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 13th November, 2016 S.O. 3446(E).—In exercise of the powers conferred by sub-section (2) of section

 

Chairman Black Money SIT & Former SC Judges praise old note ban. Letter to Finance Minister that Govt took bold step to demonetize Rs. 500 Rs.1,000 notes

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Chairman Black Money SIT & Former SC Judges praise old note ban. Letter to Finance Minister that Govt took bold step to demonetize Rs. 500 Rs.1000 notes  Ministry of Finance 11-November, 2016 The Chairman and Vice-Chairman, SIT on Black Money & Former Judges of the Supreme Court of India,

 

Old bank Notes-What if you do not have bank account? There are many issues along with peak credit theory which may be debated and litigated

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Old bank Notes-What if you do not have bank account? There are many issues along with peak credit theory which may be debated and litigated  With the withdrawal of old currency notes of Rs. 500/- and Rs. 1000/- and declaring them not to be “Legal Tender”, the long queues