Category Black Money and Tax Havens

BringBackBillions Part 2 – How Marcos made his billions

In Part 1 of this series, an introduction to this series and its objectives were mentioned. The next few parts will detail how Marcos of Philippines made his billions and the efforts of the succeeding governments to get it back. Philippines was colonized by the Spanish in the 16th century and was ruled by Spain […]

BringBackBillions Part 1- Bringing Back the Black Money

Ever since the Modi government rode to power with the promise of bringing back the billions stashed away by Indians in tax havens abroad, they have been constantly reminded of this promise. The National Democratic Alliance (NDA) drafted a new Black Money Act on May 11, 2015 and also announced a voluntary disclosure scheme till […]

Two simple measures to reduce Domestic Black Money

Black money has two components in India – Domestic Black Money and International Black Money. These two are interlinked at some level but can be tackled separately. In India domestic black money is large and it creates havoc with our economy by de-stabilizing many government policies. Two suggestions can be considered about dealing with Domestic […]

Dr. Swamy writes to the PM on how Rahul Gandhi may have got kickbacks

On 18th November 2015 Reblogged from: Below is a copy of the contents revealed in the Press Conference of Dr. Subramanian Swamy in Ahmedabad on Nov 19. You can get a downloadable copy of the contents here. Ahmedabad Press Conference Nov 19 2015  

#RaGaSaga – Connecting the dots

On 18th November 2015 Reblogged from : Summary of how Rahul Gandhi may have created a web of deceit to bag one of India’s biggest Defence Contracts: Rahul Gandhi and Ulrik R McKnight were Directors of Backops, which they closed in 2009. DCNS of France, the manufacturer of Scorpene submarines, announces a deal with Flash […]

Sharad Pawar and Questions Regarding ₹539000 Crores

On 17th November 2015 Reblogged from: In Part 1 of our discussion earlier in the day, we saw that SGFX Financials Limited was incorporated on 13th December 2010 as operating at 145-147, St John Street, London, EC1V 4PW. The Company secretary was Mrs Shahanaz Ashraf Bharade and Directors were Mr.Sarvesh Narendra Gade, an Indian Businessman [Born […]

Sharad Pawar and a British Company – a few questions

On 17th November 2015 Reblogged from: Sharadchandra Govindrao Pawar (born 12 December 1940) is an Indian politician who serves as the president of the Nationalist Congress Party (NCP) which he founded in 1999, after separating from the Indian National Congress. He passed 10th standard from Maharashtra Board. He previously served as the Chief Minister […]

Sunanda Murder – is it getting hushed up?- Part 1

By Prof. R Vaidyanathan on 3rd November 2015 Link: Sunanda Pushkar, the wife of Shashi Tharoor — former cabinet minister – was murdered on the 17th January 2014 and the Delhi Police concluded that she was murdered after one year namely January 5th 2015 and filed an FIR. She was 51 years old. To her Tharoor […]

Black Money bill and compliance window By Prof. Vaidyanathan on 10th July 2015 Black Money bill and compliance window Summary: The new Black Money bill was signed into law by the President of India on May 26, 2015 Bill is similar to the one passed by the then Government of 1990, except for clever wording An example of how fair […]

Transnationals/Tax Havens/Terrorism – How the TTT s destroyed Westphalian consensus on National Sovereignty By Prof. Vaidyanathan on 9th July 2015 In the context of the strikes made against terror camps on the border of Manipur/Nagaland by the Indian Army; there has been number of discussions about national sovereignty and the role of individual States. Actually in the last few decades the activities of transnational corporations aided by […]