Black money Bill in LS provides for 10 year jail, 90% tax
The Bill proposes a limited window to persons who have any undisclosed foreign assets.
Mar 20, 2015, 16:43 PM IST
Black money bill introduced in Lok Sabha
The government on Friday tabled a Bill in the Lok Sabha to make non-disclosure of overseas income and assets a predicate offence that will attract punitive action including upto a 10-year jail term.
Mar 20, 2015, 08:31 AM IST
Black money Bill likely to be tabled in Lok Sabha tomorrow
The government is likely to table in the Lok Sabha tomorrow a Bill to make non-disclosure of overseas income and assets a predicate offence that will attract punitive action including upto a 10-year jail term.
Mar 19, 2015, 14:13 PM IST
Black money bill proposes 10 years jail, 300% penalty
Giving concrete shape to Finance Minister Arun Jaitley`s budget announcement last month on recovering black money stashed away abroad, the cabinet-approved anti-black money law provides a short window to income tax assessees to declare assets, pay tax and penalty and avoid imprisonment.
Mar 18, 2015, 21:06 PM IST
Cabinet approves Bill to unearth black money
In a bid to unearth black money and illicit assets stashed abroad, the Union Cabinet Tuesday approved a Bill with stringent provisions for prosecution of such offences with rigorous imprisonment of up to 10 years.
Mar 17, 2015, 21:37 PM IST
