Never miss a story

Get subscribed to our newsletter


×



By NewsGram Staff Writer

Ministry of Finance has decided that a team of senior officials will hold bilateral meetings with foreign jurisdictions to quicken the recovery of black money. The ministry took this decision after consulting with the Special Investigation Team set up to investigate on the black money issue.

A senior official of the Finance Ministry told PTI, “The step is aimed to cut down on the time taken in paper-based documentation and communication in cases of illegal funds stashed abroad.”

“A team of senior officials drawn from the Ministry and its various field formations will hold meetings and put across requests related to probe in these cases right on the discussion table. The required sanctions in this regard have been obtained from the government,” he added.

PTI reported that a note prepared by the Central Board of Direct Taxes stated, “These bilateral meetings will help India in making targeted and specific requests for information and to understand the problems, if any, which prevent them in providing the information, and to examine how the same can be addressed.”

Reportedly, three such meetings have already taken place and about half-a-dozen more are lined up this year, including one with the European Union.

According to PTI, as a part of the measures to deal with the black money issue, investigators have also received a new dossier on tax-related business information on about a dozen entities whose names were reported by an international group of investigative journalists sometime back.


Popular

JavaScript is one of the most used programming languages in the world.

By- Sandra

You've definitely already heard of JavaScript as a programming language. But why do so many companies choose JavaScript as the main language for their products and so many developers choose JavaScript as the first language to learn? Why do so many companies want to hire javascript developer and why is the global demand so high?

Keep Reading Show less
Photo by Riccardo Annandale on Unsplash

The utility provider is in charge of meter installation as well as the gas and electric lines that go up to the meter.

By- Joseph Collins

An energy meter, also known as a Watt-Hour Meter, is a device that monitors the level of electrical energy or gas consumed by users. Utilities are among the agencies that place these devices in various locations such as houses, businesses, organizations, and commercial properties to charge for the power consumed. You can always know how much is gas or electric cheaper by contacting a utility company.

Keep Reading Show less
wikimedia commons

An illustration of the nursery rhyme, Jack and Jill

A hilarious rhyme that children often chant cheerily while jumping around, Jack and Jill is another example of the dark history covered up in light-hearted rhyme. Instead of England though, this is a rhyme that sheds light on the history of France.

Unlike other rhymes, the rhyme is part fiction and part history, since only the first two lines can be taken as an allusion to the past.

Keep reading... Show less