Undisclosed Foreign Income And Assets Bill
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New Bill Likely to Control Tax Evasion
A month after Parliament passed the black money bill - which targets those curb the stashing of illegal wealth abroad -- a new law is in the pipeline to control tax evasion, sources said.
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Black Money Bill Passed in Lok Sabha
The Undisclosed Foreign Income and Assets bill, which provides for heavy penalties for those stashing away black money in foreign accounts, was passed in the Lok Sabha today.
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Compliance Window on Black Money Will Be For a Few Months: Revenue Secretary
Black money holders abroad will get a "few months" of compliance window to disclose their assets after a new stringent black money Bill is passed by Parliament in the session beginning tomorrow, Revenue Secretary has said.
-
New Bill Likely to Control Tax Evasion
A month after Parliament passed the black money bill - which targets those curb the stashing of illegal wealth abroad -- a new law is in the pipeline to control tax evasion, sources said.
-
Black Money Bill Passed in Lok Sabha
The Undisclosed Foreign Income and Assets bill, which provides for heavy penalties for those stashing away black money in foreign accounts, was passed in the Lok Sabha today.
-
Compliance Window on Black Money Will Be For a Few Months: Revenue Secretary
Black money holders abroad will get a "few months" of compliance window to disclose their assets after a new stringent black money Bill is passed by Parliament in the session beginning tomorrow, Revenue Secretary has said.
