Seems like, the price of gold is falling down at great speed. As of now, Indians are buying gold for as little as one rupee as retailers are offering online sale in small portions to adjust with the shrinking demand in the world’s second-biggest consumer.

India will get all data on black money from Switzerland by the end of next year (2019), said Union Minister Piyush Goyal.

Not everyone in India hides earning generated via wrong sources from the Income Tax department; A Karnataka based drug peddler was arrested on Tuesday for filing an Income-Tax return for over Rs 40 lakh.

Congress Vice President Rahul Gandhi on Saturday said that demonetisation was a "magical" scheme by Prime Minister Narendra Modi that turned all the black money into white.

Survey says 50 per cent of respondents knew someone whose job was terminated due to demonetisation, while only 20 per cent believed the common man would benefit from the move.

Touted as biggest ever financial data leakage 'Paradise Papers' has revealed the secret investment by rich people across the world.

Single-Tax GST is now a reality. Prime Minister Narendra Modi on Friday night rolled out the much awaited and biggest tax reform in India post Independence. Claiming it as 'Good and Simple Tax', PM Modi said that GST has now given India freedom from the 'tax terrorism'.

The CBI on Thursday questioned Delhi Health Minister Satyendra Jain in connection with a money laundering probe initiated against him for allegedly turning black money into white during 2010-12 and 2015-16 using his companies and Kolkata-based data entry operators.

In yet another move to curb black money in India, the government proposed a fresh ceiling of Rs 2 lakh on cash transactions, which is lower than the Rs 3 lakh proposed in Budget 2017-18.

The Income Tax Department on Monday warned black money hoarders of punitive action if they do not deposit their unaccounted cash, held in bank deposits or in new currency, under the Pradhan Mantri Garib Kalyana Yojana (PMGKY) by March 31.