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Tuesday, Aug 09, 2022
Outlook.com
Outlook.com

Black Money

Demonetisation Catalysed Digital Payments, But Nobody Knows Its Impact On Black Money

Nov 08, 2021 Kamalika Ghosh

Five years post demonetisation, was PM Modi’s ‘masterstroke’ to curb the menace of black money a success?

Five Years Of Demonetisation: Black Money On Rise Despite Digital Push

Nov 08, 2021 Lola Nayar

Five years after demonetisation, though cash usage has declined, it still prevails in property transactions, grocery purchase and payment for services, reveals a national online survey by LocalCircles.


Anatomy Of Black Money: Will The Pandora Papers Tackle It

The latest expose under the Pandora list has names of prominent Indians like former cricketer Sachin Tendulkar, chairman and MD of Biocon, Mazumdar Shaw, and industrialist Vinod Adani, others.

India To Get Key Information About Wealth Stashed By Indians In Switzerland

Sep 12, 2021 Outlook Web Desk

Under information pact with Switzerland, India is set to get third set of Swiss bank details of Indians and their real estate assets in the country.


Rs 220 Crore Black Income Detected As IT Dept Raids Tamil Nadu Based Company

The action was carried out on February 26, which found that the transactions to the extent of 50 per cent were out of books

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21 November, 2019

Money Rains From Building In Kolkata As Revenue Officials Conduct Search

Outlook Web Bureau

Videos captured on mobile cameras showed excited people scampering to collect the notes on the street.


27 May, 2019

Create ‘Elephant Bond’ From ‘Undisclosed Income’: High-level Group To Modi 2.0

Outlook Web Bureau

If the recommendation is accepted, it could be an effective tool to check the black money menace.


27 May, 2019

11 Indians Get Notices As Switzerland Steps Up Process To Share Banking Info

Outlook Web Bureau

Switzerland has begun sharing details for the last few years with several countries including India after submission of evidence about financial and tax-related wrongdoings of the clients of Swiss banks.


17 May, 2019

Government Refuses To Share Details On Switzerland Black Money Cases, Cites Confidentiality Clause

Outlook Web Bureau

Replying to an RTI query, the Finance Ministry said India and Switzerland share information on black money on a case to case basis, as per the investigations being carried out.


14 May, 2019

ED Moves HC To Cancel Gautam Khaitan’s Bail In Money Laundering Case

Outlook Web Bureau

ED has alleged in its plea that Khaitan, also an accused in the AgustaWestland chopper scam, was still hiding his black money in overseas accounts


08 April, 2019

Electoral Bonds Legitimate, Transparent Method Of Political Funding: Arun Jaitley

Outlook Web Bureau

Finance Minister Arun Jaitley said the BJP preferred legitimate methods like crowd sourcing, cheque and electoral bonds over 'the old obsolete style' of collecting only black money by some parties.


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04 April, 2019

88 Lakh Taxpayers Didn't File Returns In Year Of Demonetisation, Says Report

Outlook Web Bureau

On November 25, 2016, the exchange of old notes was stopped and the government allowed the use of only old 500 rupee notes at these utilities till December 15, 2016.


11 March, 2019

RBI Board Warned Of Negative Impact Of Demonetisation On Economy, Reveals RTI

Outlook Web Bureau

Curbing black money was one of the prime objectives of the shock move to junk old Rs 500 and 1,000 notes, which saw 86 per cent of high-value currency going out of circulation.


04 February, 2019

Finance Ministry Refuses To Disclose Details Of Black Money Held By Indians

Outlook Web Bureau

Three reports on the quantum of black money held by Indians in the country and abroad were submitted to the government more than four years ago.


19 December, 2018

Minister Athawale Says People Will Get Rs 15 Lakh Each Slowly, Blames RBI For Not Giving Money

Outlook Web Bureau

The minister also added that the government does not have the requisite money and that Centre has asked the Reserve Bank of India (RBI) for the money but they are not complying with the same.


02 December, 2018

Demonetisation Had Absolutely No Impact On Black Money: Outgoing CEC O P Rawat

Outlook Web Bureau

This comes in direct contradiction with the claims of Prime Minister Modi and the BJP who have claimed that the note ban exercise was an important milestone in the fight against black money--illicit, unaccounted cash that evades lawful taxes.


23 September, 2018

Rupee Fall Due To Large Amount Of Black Money Leaving The Country: Swamy

Outlook Web Bureau

Stating that the fall in the value of the rupee had nothing to do with the US, Swamy said, "It has got to do with the fact that a large amount of black money is now leaving the country."


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29 August, 2018

99.3% Of Demonetised Currency Notes Returned To Banks So Far: RBI

Outlook Web Bureau

The government replaced old Rs 500 notes with new ones, but no replacement for Rs 1,000 notes have been made.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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