black money law

black money law News

Black Money Act-Foreign asset valuation: Getting it right

The government has, offered a one-time opportunity to individuals to declare their undisclosed foreign assets and incomes and avoid penal action.

Month after nod to black money law, questions over change in date

The Union Law Ministry had notified the law on May 27, a day after it received the assent of President Pranab Mukherjee.


Nipping it in the black

It’s better to adopt measures to tighten the creation of black money than to be quixotic about its return.

Bring back black

International cooperation on tax evasion is welcome. But questions on US-India agreement remain.

Lack of clarity, time - Key challenges in implementation of Black Money Law

Faced with queries from professionals regarding the implication of the new Black Money Act, tax experts say that lack of clarity and paucity of time are the main challenges for implementation of the law.

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.