black money

Buying farm land to legitimise undisclosed funds? New Tax tribunal ruling a big blow; here’s how these deals work

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Tax authorities are scrutinizing agricultural land transactions used to conceal unaccounted money. A recent ITAT verdict, addressing a tax evasion case, could disrupt this practice. ...

SNB report: Indian funds in Swiss banks triple to Rs 37,600 crore in 2024; individual deposits up only 11%

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Indian money in Swiss banks more than tripled in 2024, reaching a three-year high of nearly Rs 37,600 crore, driven by increased funds through local ...