The three persons named are Pradip Burman, director of the Burman group and one of promoters of Dabur group, Pankaj Chimanlal Lodhya, a Rajkot-based bullion trader and Radha S Timblo, a Goa-based miner and owner of Timblo Pvt Ltd.
READ ALSO: Centre likely to give fresh affidavit on black money in Supreme Court today
The Centre told the court that it had no intention to withhold names of persons who have stashed black money abroad and stated that information received from foreign countries will be disclosed in all cases where tax evasion is established.
Every foreign account held by an Indian may not be illegal, the Centre said, adding that names cannot be disclosed unless there is prima facie evidence of wrongdoing.
It also told the court that Switzerland has indicated willingness to provide information on black money in cases where probe has been done by IT department.
Television reports also indicated that four members of the Congress party, including a former minister of the previous UPA regime, are under investigation, and added that their names may be revealed after the probe is completed. Among the four Congress party members are two belonging to powerful political families in the state of Maharashtra, the television reports further stated.
Radha S Timblo, a Goa-based miner and owner of Timblo Pvt Ltd
READ ALSO: Won't withhold black money names — Arun Jaitley
Congress will be embarrassed by black money names, Arun Jaitley says
Last week, it was revealed that the Centre was likely to tell the apex court the names of the people against whom strong evidence exists of stashing away black money in Swiss banks in a major step in its crackdown on India's parallel economy.
On Monday, attorney general Mukul Rohatgi is reported to have submitted a supplementary affidavit in the apex court detailing plans to submit the list of names in a sealed envelope.
The court is due to continue hearings on a petition on black money the following day.
Pankaj Chimanlal Lodhya, a Rajkot-based bullion trader.
Prime Minister Narendra Modi's government is moving fast to repatriate hundreds of billions of dollars in slush funds or black money stashed abroad, as part of a wider clampdown on corruption that he promised during his election campaign.
The government is building pressure particularly on Switzerland, seeking details of Indians who have parked unaccounted for money in Switzerland's highly secretive banks. It has quickly implemented a Supreme Court directive to set up a high-powered special investigation team, headed by retired judge M B Shah, to look into the issue.
While there are no official estimates, Global Financial Integrity (GFI), a Washington-based think-tank, has estimated that Indians had parked USD 462 billion in overseas tax havens between 1948 and 2008.
Black money arises mainly from incomes not disclosed to the government usually to avoid taxation, and, sometimes, because of its criminal links. About a third of India's black money transactions are believed to be in real estate, followed by manufacturing and shopping for gold and consumer goods.
READ ALSO: First Cabinet move — SIT on black money
Black money: Over Rs 1 lakh crore illegal income detected
Earlier, the BJP government had told the apex court that it could not disclose the names of those who have deposited money in banks abroad as it this would jeopardize tax agreements with nations providing those names to India.
There were murmurs of protest within the ruling BJP that not disclosing names would hurt the party's image after it had made bringing back black money, a key issue in a general election that it won by a landslide. The Centre's stand also drew a strong response from the Congress, which accused it of hypocrisy.
Turning the tables on the Congress, finance minister Arun Jaitley had recently said the disclosing of names of people holding black money accounts will embarrass the opposition party.
The Congress had hit back, daring the government to come out with complete information without indulging in "selective leaks" and pointing out that "the Congress is not going to be blackmailed under any such threat".
(With inputs from TV reports)
http://timesofindia.indiatimes.com/followceleb.cms?alias=Black Money,Radha Timblo,pradip Burman,Pankaj Chimanlal Lodya,Arun Jaitley
Stay updated on the go with The Times of India's mobile apps. Click here to download it for your device.
Anda sedang membaca artikel tentang
Dabur's Pradip Burman among 3 named for holding black money accounts abroad
Dengan url
http://sehatnyasusu.blogspot.com/2014/10/daburs-pradip-burman-among-3-named-for.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Dabur's Pradip Burman among 3 named for holding black money accounts abroad
namun jangan lupa untuk meletakkan link
Dabur's Pradip Burman among 3 named for holding black money accounts abroad
sebagai sumbernya
0 komentar:
Posting Komentar