black money bill

black money bill News

In fact: 18 years ago, a tax amnesty scheme that worked – and why

In 1997, in the days before P Chidambaram presented his famous dream budget, one of the proposals under discussion in North Block, which houses the Ministry of Finance, was a tax amnesty scheme. Once a decision was taken to cut direct tax rates sharply to 10%, 20% and 30%, replacing the earlier rates of 15%, […]

BJP drunk with power, bulldozing legislation in Parliament: Congress

While slamming the government, Mallikarjun Kharge did not forget to lavish praise on Rahul Gandhi and Sonia Gandhi, whose presence and interventions he said has benefited the people.

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Rajya Sabha clears black money bill, govt warns offenders

Time is running out for violators as world no longer willing to tolerate tax havens, says Arun Jaitley.

LS passes Black Money Bill with Opposition support

The law will help bring black money in the declared economy, improve tax collections and facilitate lowering of tax rates.

5 Questions: Black money should be called ‘bad money’, says A Sampath

CPM member in Lok Sabha A Sampath on why he insisted that black money should be called ‘bad money’.

Black money Bill to be in Parliament next week: Arun Jaitley

Government's ‘The Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015,’ provides for heavy penalty and stiff punishment of up to 10 years for stashing unaccounted funds abroad.

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