Category Black money & Scams/Tax havens

Sc Stay Order on Oct 30, 2014 Swamy vs Jaya Criminal Defamation Cases

ITEM NO.1                                                                       COURT NO.5                                                      SECTION X S U P R E M E  C O U R T  O F  I N D I A RECORD OF PROCEEDINGS                                                                                 Writ Petition (Crl.)  No.184 of 2014 […]


IN THE SUPREME COURT OF INDIA (ORIGINAL JURISDICTION) WRIT PETITION (C) NO.176 OF 2009 IN THE MATTER OF: Ram Jethmalani&Ors.                                             … Petitioners                                Versus Union of India &Ors.                                               … Respondents     ADDITIONAL AFFIDAVIT ON BEHALF OF THE RESPONDENT NO.1 – UNION OF INDIA I, AkhileshRanjan, Joint Secretary, FT&TR-I, Department of Revenue, […]

Preliminary Submission 26.10.2014 – (2)

IN THE SUPREME COURT OF INDIA CIVIL ORIGINAL JURISDICTION I.A No. 14 OF 2014 IN WRIT PETITION No. 176 OF 2009 RAM JETHMALANI & ORS.                           PETITIONERS                                                                                                                    V/S UNION OF INDIA & ORS.                        RESPONDENTS   AFFIDAVIT IN REPLY OF PETITIONER No. 1, OPPOSSING I.A. NO. 14 / 2014 FILED BY UNION OF […]

Black Money IA 26.10.2014 -(1)

IN THE SUPREME COURT OF INDIA ORIGINAL WRIT JURISDICTION I.A No. _______ OF 2014 IN WRIT PETITION (CIVIL) No. 176 OF 2009 IN THE MATTER OF Ram Jethmalani & Ors.                                             Petitioners Versus Union of India & Ors.                                               Respondents   APPLICATION FOR DIRECTIONS To, The Hon’ble Chief Justice of India and His Companion Justices […]

Swiss Secrets, Home Truths: Time Up for Black Money Holders? NDTV link 29th October 2014

The dark side of growth By R. Vaidyanathan After nearly two decades of coalition governments, a single-party rule now exists in Delhi. The center-right Bharatiya Janata Party (BJP) won India’s recent election, and Narendra Modi is the new prime minister. One of the BJP’s major poll planks was that it would bring back Indian money that has been illegally […]

Dealing with domestic black money is the need of the hour

Whenever there is a discussion on black money, there is a genuine mix up about domestic black money and black or illicit money kept by Indians in tax havens. These two needs to be dealt in different ways. Some part of domestic black money is used in productive activities like real estate, trade, construction, mining, […]

Dealing with Tax Havens

Introduction In the last decade there have been major developments in the global financial markets which are of utmost importance to the emerging countries. The global reach of the off shore centers or Tax havens with their instruments and institutions bring to focus the inadequacies of the existing premises and policies of the national regulatory […]

Congress won’t crack down on illegal money – Part 2

The whole issue is becoming curiouser and curiouser. But later the Government, in a brazen manner says the recovery of tax arrears of about Rs 91,000 crore from stud farm owner Hassan Ali Khan is not possible. “In Hassan Ali Group, the recovery is not possible though all known immovable and moveable assets belonging to the group have […]

Is Congress serious about illegal money in tax havens? – Part 1

Leaked documents reveal how the rich, crooks and politicians use offshore banking havens to protect their money, a journalism group in Washington said on Thursday. The International Consortium of Investigative Journalists collaborated with The Guardian and the BBC in Britain, Le Monde in France, Suddeutsche Zeitung and Norddeutscher Rundfunk in Germany, The Washington Post, the Canadian Broadcasting Corp and 31 other news organisations to analyse the data from […]