- Tuesday, August 16, 2011, 9:56
- Income Tax
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A report of Global Financial Integrity (GFI) has estimated the total value of illicit money that has flown out of India at USD 462 billion (about Rs 20.92 lakh crore), Parliament was informed today. The present value of India's total illicit financial flows, as per the (GFI) report is USD 462 billion, Minister of State for Finance S S Palanimanickam said in a written reply to the Rajya Sabha.
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- Wednesday, January 19, 2011, 7:31
- General Info
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India is Asia's fourth largest exporter of illicit capital with an estimated outflow of a whopping USD 104 billion between 2000 and 2008, according to a US-based think tank which ranks China as the number one source of illegal money. In its latest re
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- Monday, October 26, 2009, 3:38
- Income Tax
- 15 views
CBI on Sunday arrested an Income Tax Commissioner from Nagpur and his wife for allegedly amassing assets disproportionate to their known source of income to the tune of Rs 4 crore. While IT Commissioner Ajay Kumar Singh was arrested from Mumbai airport by CBI sleuths, his wife Mrunalika Singh was His wife Mrinalika was picked up by the agency from their residence at Seminary Hills for abetting corruption. CBI officials had been on the trail of his assets over the last fe..
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