Page 25 - Money Laundering

Looking to hide your wealth? There's no country more helpful than the US

President Joe Biden has made transparency reforms a key pillar of his foreign policy, vowing to tackle tax evasion and money laundering

Limit Section 54 benefit to curb money laundering

Section 54 tax exemption should not be available if the taxpayer already owns two or more properties on the date of sale of property

Xiaomi accuses ED of 'physical violence' threats during forex investigation

The company alleges intimidation by India's premier enforcement agency when executives appeared for questioning multiple times in April.

Bombay HC quashes magisterial court order against Indiabulls, promoters

Earlier in February, the ED had conducted raids in Delhi and Mumbai at the premises of Indiabulls and its promoters. The ED had also written to the National Stock Exchange (NSE) in this connection

ED attaches over Rs 7 cr assets of actor Jacqueline Fernandez

The federal agency has issued a provisional order under the Prevention of Money Laundering Act (PMLA) for attaching fixed deposits worth Rs 7.12 crore and Rs 15 lakh cash of the 36-year-old actor

Pakistan court to indict PM Sharif, son Hamza in money laundering case

The court had to indict the duo and others allegedly involved in the case earlier this month but the process was delayed due to the absence of the premier, reported Geo News

Navneet Rana got Rs 80 lakh loan from film financier Lakdawala, claims Raut

Shiv Sena MP Sanjay Raut has sought a probe into the money laundering by the Enforcement Directorate

Pak court extends bail to PM Sharif in Rs 1400 cr money laundering case

Shehbaz and his sons Hamza and Suleman were booked by FIA in November 2020 under various sections of the Prevention of Corruption Act and Anti Money Laundering Act

ED searches 26 locations in ABG Shipyard money laundering case

Surat-based ABG Shipyard and its former promoters are accused of duping a consortium of 28 banks to the tune of Rs 22,842 crore

ED arrests ex-BSF commandant under money laundering law in cattle smuggling

Kumar is a former commanding officer of the 36th Border Security Force battalion (BSF) that is deployed to guard the front between the two neighbouring countries

Jahangirpuri violence: ED registers money laundering case against accused

An Enforcement Case Information Report (ECIR), the ED's equivalent of a police FIR, has been filed by the federal agency under the criminal sections of the Prevention of Money Laundering Act

Nawab Malik money laundering case: ED submits 5,000-page chargesheet

Malik (62), a senior Nationalist Congress Party (NCP) leader, was arrested by the ED on February 23 in the case, and is currently in jail under judicial custody

Major risks of crypto - money laundering and terror financing: Sitharaman

The Union Minister reached Washington today on an official visit to attend the Spring Meetings at the World Bank, the G20 Finance Ministers meeting and the Central Bank Governor Meeting (FMCBG)

ED attaches Amway India assets worth Rs 758 cr in money-laundering probe

ED has accused the firm of running a pyramid fraud in the guise of direct selling multi-level marketing network

Govt plans regulator for skill gaming industry to curb money laundering

The government is also reviewing the extant legal framework for the online skill gaming industry

Top headlines: Nifty firms' Q4 profit to surge, LIC IPO launch likely soon

Business Standard brings you the top headlines this morning

French prosecutors to investigate McKinsey's alleged tax fraud

A report by the French Senate issued last month said McKinsey had not paid corporate profit taxes in the country since at least 2011

ED attaches Shiv Sena MP Sanjay Raut's linked assets for money laundering

The ED has attached eight land parcels in Alibaug and a flat in Mumbai's Dadar suburb linked to Shiv Sena MP Sanjay Raut and his family under the anti-money laundering law, officials said on Tuesday.

Maharashtra minister Nawab Malik's jail custody extended till April 18

The NCP leader was in ED's custody till March 7 and was later sent to jail under judicial custody till March 21 which was later extended till April 4

Corruption: Needed thanedar, not chowkidar

PM Modi promised to act as chowkidar to reduce corruption, and bring in "good governance". Is the slogan working? Not quite