Top Law News Demonetisation to eradicate black money, to benefit all: Govt to SC November 25, 2016 by Legal India News | Leave a Comment The Modi government today asserted in the Supreme Court that the “bold move” of demonetisation would eradicate black money and slush funds operating since Independence which cast a “parallel economy” hitting the poor and the middle class. The Centre, which filed an affidavit on demonetisation, said the decision on which a total secrecy was maintained, […] Read more » black money Centre government Court Demonetisation featured Law Legal News Supreme Court
Top Law News SC refuses to entertain plea about black money April 13, 2016 / April 14, 2016 by Legal India News | Leave a Comment The Supreme Court today refused to entertain a plea seeking investigation into alleged conversion of black money into white by certain companies. A bench comprising Chief Justice T S Thakur and Justices R Banumathi and U U Lalit disposed of the petition after Additional Solicitor General Manindar Singh said “except for suspicion, there is nothing […] Read more » black money Court featured Law Legal News plea Supreme Court
Top Law News Swiss ups black money vigil as India threatens criminal action April 5, 2015 / April 7, 2015 by Legal India Admin | Leave a Comment With India and some other nations threatening criminal proceedings over suspected black money in Swiss banks, the European nation has stepped up its supervisory and enforcement efforts to keep away the illicit funds from its banking system. This comes at a time when a number of Swiss institutions have seen “asset outflows” and the tax […] Read more » black money black money vigil featured FINMA India threatens criminal action Swiss Financial Market Supervisory Authority Swiss ups black money vigil
Criminal Law News Black money: SIT widens probe as new names emerge February 9, 2015 by Legal India Admin | Leave a Comment The Special Investigation Team (SIT) on black money today decided to widen its probe as new names of Indians with Swiss bank accounts have come up but made it clear that legal action will be taken only after verifying facts. “Definitely, the scope of investigation will be widened due to the new names. We will […] Read more » black money SIT Chairman Justice (retd) M B Shah SIT Vice-Chairman Justice (retd) Arijit Pasayat
Bar, Bench & Firm News SC says interested in black money coming back January 21, 2015 by Legal India Admin | Leave a Comment The Supreme Court today asked the parties who have moved the court for bringing back black money stashed abroad to give their complaints and suggestions to the special investigating team (SIT) set up by it to investigate the problem. The court also asked SIT to report to it in a sealed cover the action taken […] Read more » Attorney General Mukul Rohtagi black money Chief Justice H.L. Dattu SC Soli Sorabjee
Top Law News No amnesty scheme to check black money: Govt August 8, 2012 by Legal India Admin | Leave a Comment On the issue of black money the government today has said that the Income Tax Department has not recommended ‘amnesty scheme’ to deal with the issue of black money. On the question of, if the Central Board of Direct Taxes (CBDT) has recommended “amnesty scheme” on black money on the lines of the US the […] Read more » amnesty scheme to check black money amnesty scheme’ to deal with the issue of black money black money black money inside India black money outside India CBDT CBDT Chairman Central Board of Direct Taxes efforts to bring back black money finance ministry government on black money govt on black money Income-Tax Department No amnesty scheme to check black money scheme to check black money
High Profile Cases Supreme Court bench divided on black money probe September 24, 2011 by Legal India Admin | Leave a Comment The Supreme Court’s two judges have disagreed today on whether a special committee should be established to supervise the government’s efforts to bring black money back to India. The Supreme Court announced a divided decision today. This was regarding the maintainability of application of government which aimed to recall the Supreme Court’s order on establishment […] Read more » black money black money case Supreme Court Supreme Court bench
High Profile Cases Black money: SC reserves its order on Centre’s review petition September 2, 2011 by Legal India Admin | Leave a Comment New Delhi, Sep 1, The Supreme Court today reserved its judgement on the review petition filed by the Centre against its earlier order constituting an SIT headed by a retired apex court judge in the black money case. A bench comprising Justices Altamas Kabir and S S Nijjar fixed September 20 for delivery of the […] Read more » black money Supreme Court Supreme Court on Black Money
Top Law News Recall black money order, Supreme Court urged August 24, 2011 by Legal India Admin | Leave a Comment The central government Wednesday told the Supreme Court that its judgment and order on black money needed to be recalled as its implementation would have far reaching consequences on its functioning. The Supreme court bench of Justice Altamas Kabir and Justice S.S. Nijjar was told that converting the high-level committee headed by the revenue secretary into […] Read more » black money Justice Altamas Kabir Justice S.S.Nijjar SIT Supreme Court
High Profile Cases Government wants review of apex court’s black money order July 16, 2011 by Legal India Admin | Leave a Comment The government Friday moved the Supreme Court seeking review and recall of its judgment appointing a special investigating team (SIT) headed by its two former judges to monitor investigations into the stashing away of black money in tax havens abroad. The apex court bench of Justice B. Sudershan Reddy (since retired) and Justice S.S. Nijjar […] Read more » black money judge B.P. Jeevan Reddy judge M.B. Shah Justice B. Sudershan Reddy Justice S.S.Nijjar Supreme Court
High Profile Cases Black money: Justice MB Shah to be SIT vice-chairman July 5, 2011 by Legal India Admin | Leave a Comment A retired judge of the Supreme Court and former chief justice of Bombay high court, Justice MB Shah, will be the vice-chairman of the Special Investigations Team (SIT) constituted to monitor the probe into black money stashed abroad. The SIT will be chaired by former Supreme Court judge, Justice BP Jeevan Reddy. A direction to […] Read more » black money Justice B. Sudershan Reddy Justice MB Shah Justice SS Nijjar SIT SIT vice-chairman
Media & Entertainment News If I’ve black money, make it national property: Ramdev June 28, 2011 by Legal India Admin | 1 Comment on If I’ve black money, make it national property: Ramdev Yoga guru Baba Ramdev, who fasted earlier this month against mounting corruption in the country, said here Sunday that if any black money was found with him, it could be declared national property. “If the government finds any black money with me, they can declare it national property,” Ramdev said while addressing a press conference […] Read more » black money national property Ramdev
