Black Money - Automatic Exchange - taxscan

Government takes various measures to curb Black Money

The Government has taken various measures to effectively deal with the issue of black money, particularly black money stashed away abroad. Such measures include policy-level initiatives, more effective enforcement action on the ground, putting in...

Black Money - Automatic Exchange - taxscan

Detection of Black Money by Government

Recognizing various limitations under the existing legislation [Income-tax Act, 1961, etc.], the Government enacted a new law – ‘The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015’ – to specifically...

Page 3 of 3 1 2 3