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Black Money

  • Economy

    Will Pakistan follow India’s demonetisation example amid black money surge?

    by Mahua Venkatesh August 7, 2023
    by Mahua Venkatesh August 7, 2023

    Amid multiple economic challenges, the steady increase in the physical money supply in Pakistan is starting to haunt the Shehbaz Sharif government. The excess cash circulation has fanned parallel economy …

  • India

    Rs 2.31 crore in hard cash, 1 kg gold seized from govt office in Jaipur

    by IN Bureau May 20, 2023
    by IN Bureau May 20, 2023

    Jaipur:  Over Rs 2.31 crore in hard cash and gold bars weighing 1 kg have been seized in Jaipur from the basement of Yojana Bhavan where the office of the …

  • Economy

    Rs 157 crore black money detected in tax raids on two business groups in Bengal

    by IN Bureau May 16, 2023
    by IN Bureau May 16, 2023

    The Income Tax Department has unearthed unaccounted income of more than Rs. 157 crore crore in search and seizure operations on two business groups operating largely in the Northern region …

  • Economy

    Rs 1,000 crore black money trail unearthed in tax raids on Karnataka banks

    by IN Bureau April 11, 2023
    by IN Bureau April 11, 2023

    New Delhi: The Income Tax Department has unearthed a black money trail to the tune of Rs 1,000 crore in raids on co-operative banks in Karnataka which were being used …

  • Economy

    Rs 1,300 crore black money trail detected in tax raids on realtors at Bengaluru, Mumbai, Goa

    by IN Bureau November 18, 2022
    by IN Bureau November 18, 2022

    The Income Tax Department has unearthed unaccounted income of more than Rs 1,300 crore in tax raids on certain individuals who had executed joint development agreements with various real-estate developers …

  • Economy

    Tax raid on big manufacturing group in Kolkata unearths Rs 250 crore black money deals

    by IN Bureau September 1, 2022
    by IN Bureau September 1, 2022

    The Income Tax Department has unearthed unaccounted income exceeding Rs 250 crore in a search and seizure operation carried out on a prominent Kolkata- based group, engaged in the manufacturing …

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