Updated:
February 09, 2021 10:48 IST
Over ₹1,290 cr. penalty levied so far for deposits made in unreported foreign bank accounts in HSBC cases, tells MoS Anurag Thakur in Lok Sabha
Share Article
AAA
According to MoS Anurag Thakur, the Indian government has taken various initiatives in the recent years to bring back black money from abroad. File photo for representational purpose only
| Photo Credit:
REUTERS
Over ₹1,290 cr. penalty levied so far for deposits made in unreported foreign bank accounts in HSBC cases, tells MoS Anurag Thakur in Lok Sabha
The tax department has issued notices in 475 cases involving undisclosed foreign assets and income of over ₹14,300 crore under the Foreign Black Money Act, Minister of State for Finance Anurag Thakur said on Monday.
This includes 490 complaints against registered NBFCs
The Government on Monday informed the Lok Sabha that Reserve Bank of India has received complaints against 1,500 digital lending applications (popularly known as loan apps). It also informed the Lower House that there will be no change in service conditions of employees of BPCL post-disinvestment.
Loan app
In a written answer to a question in the Lok Sabha, Minister of State in Finance Ministry Anurag Singh Thakur said no data is captured by the Corporate Affairs Ministry regarding the number of registered companies providing online apps-based loan in the country at present. Meanwhile, the “RBI has intimated that it has received complaint against 1,509 digital lending applications,” he said. This includes 490 complaints against registered NBFCs which are operating digital loan apps, while 1,019 complaints are against unregistered/unregulated digital loan applications.
Michael Benanav / Searchlight New Mexico and is republished here by permission.
For most New Mexico businesses, the arrival of COVID-19 wreaked havoc, caused shutdowns or threatened doom. But for one enterprise potentially one of the world’s largest nuclear waste sites the pandemic offered an unusual opportunity.
A long-planned nuclear waste storage facility in the southeastern New Mexico desert was rushed through the approval process during the pandemic, according to New Mexico’s congressional delegation, environmentalists and other opponents.
Typically, project foes would have been able to voice their disapproval at Nuclear Regulatory Commission hearings around the state. The coronavirus brought an end to such public gatherings, however, so New Mexico lawmakers asked the NRC to pause the hearings.
Rapacious nuclear company Holtec: its dodgy record on safety, finance and lack of transparency
New Mexico’s nuclear rush. A massive nuclear waste site near Carlsbad is seemingly on a fast track. Can the company behind it be trusted?
1
-” ………………There really is no fixed date on a repository,” said Rod McCullum of the Nuclear Energy Institute, an industry trade group. In the absence of a permanent storage place, the conversation has turned to interim storage sites that could save companies money until a final destination is established.Enter Holtec. The company was formed in the 1980s to design spent-fuel storage technology for nuclear plants. By the early 2000s, Holtec had secured contracts to provide specialized dry storage casks for a never-built interim facility on the Skull Valley Goshute reservation in Utah and the Tennessee Valley Authority’s Sequoyah Nuclear and Browns Ferry Nuclear plants. By 2018, Holtec operated branches in seven countries, includin
The nomination is shared with the International Consortium of Investigative Journalists (ICIJ).
The nomination letter said: “The outstanding work of the ICIJ to expose illicit flows and the mammoth achievement of the GATJ to build national and international pressure for accountability and fair taxation warrants attention, recognition and support.”
GATJ was spun off from the Tax Justice Network (TJN) in 2013 to be the umbrella body for mass-mobilisation organisations working on tax justice around the world.
TJN chief executive Alex Cobham said: “This is a fantastic recognition for the work of the tax justice movement.
“The global pandemic has exposed glaring inequalities and shortfalls in revenues to fund both public health systems and economic protection.