-PTI Details of assets and payments received by Indian citizens in several countries have "started flowing in" and are being investigated, Finance MinisterPranab Mukherjee disclosed on Saturday. Information about wealth stashed away in Swiss banks by Indians is expected by the government before the end of the year, he indicated after pointing out that India had signed a Double TaxationAvoidance Treaty withSwitzerland. The treaty is likely to be ratified by the Swiss...
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Gandhism Returns to Fight Corruption by Ranjit Devraj
Almost 65 years after Mahatma Gandhi used "satyagraha" or "truth force" to lead a movement against British rule in India, Gandhism is back, this time facing an enemy more pernicious than colonialism: corrupt politicians, bureaucrats and businessmen stashing stolen wealth abroad. The two foremost leaders of India’s anti-corruption movement, Anna Hazare and Baba Ramdev, are deploying satyagraha’s most potent weapon – fasting – with telling effect on the government. On Thursday, Hazare...
More »Meet Ramdev, the landlord by Man Mohan
Yoga guru Baba Ramdev currently hitting headlines for his crusade against corruption and billions of dollars Indian black money stashed in Swiss and tax heaven banks is a “big landlord”. The 47-year-old “Bal Brahmchari” Ramdev, who was born as Ramkrishna Yadav in Alipur village, district Mahendragarh (Haryana), ‘owns’ huge tracts of land, that includes 261.468 hectares (644 acres) , worth hundreds of crores at the current market rate, around his yoga...
More »“Indian names on Swiss bank list”
In comments that could fuel a fresh controversy over the black money issue, WikiLeaks founder Julian Assange on Tuesday said there are Indian names in the Swiss bank data list that are going to be made public. “Yes, there are Indian names in the data that we have already published or are going to publish. I can't remember specifically whether there are Indian names in the coming publication. But I have...
More »Centre informs Supreme Court of the high level committee to probe black money cases by J Venkatesan
The Centre on Monday informed the Supreme Court that it had constituted a high level committee comprising the heads of various probe agencies and specialised departments under the aegis of the Department of Revenue to monitor the investigation of all aspects relating to black money. Solicitor General Gopal Subramaniam told a Bench of Justice B. Sudershan Reddy and Justice S.S. Nijjar that the 10-member committee, headed by the Revenue Secretary, would...
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