Tax evasion is widely assumed to be an eternal problem for governments -- but how widespread is it? For the first time, a new study has put a cost on a particular kind of tax evasion, known as ...

This article explains why FEMA does not explicitly prohibit round-tripping transactions and how regulators instead control ...

In theory, foreign direct investment (FDI) flows in a straight line, from a company’s home country to the one where it is committing capital. In practice, things look a little different. A mix of ...

So-called round-tripping investment from Hong Kong will continue to account for a substantial portion of China’s inflows as the country grapples with a slowing economy and declining foreign investor ...

Chennai: A large majority —78 per cent — of the gold imported into the country for export purposes is used for round-tripping. Increased round-tripping activity in 2018 saw a 12 per cent growth in the ...

Indications emerged at the weekend that a top banking chief may have decided to squeal on some high-profile banks numbering 48 alleged to be involved in round-tripping in an attempt to bail his bank ...