Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight In a historical move that will add record strength in the fight against corruption, black money, money laundering, terrorism and financing of terrorists as well as counterfeit notes, the Government of India has … [Read more...] about Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight
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black money
Black money bill passed; Government warns those having illegal assets
Black money bill passed; Government warns those having illegal assets New Delhi: A bill to deal with black money stashed abroad was passed by Parliament today with government warning those having such assets to utilise the ‘compliance window’ or have sleepless nights once the global automatic information exchange system comes into effect in 2017. Finance Minister Arun … [Read more...] about Black money bill passed; Government warns those having illegal assets
Black Money Bill passed in Lok Sabha
Black Money Bill passed in Lok Sabha New Delhi: The bill, which provides for penalty and tax up to 120 percent along with criminal prosecution for those who have parked black money abroad, was passed in the Lok Sabha on Monday. Finance Minister Arun Jaitley, who moved the bill in the Lok Sabha, asked the opposition not to develop ‘cold feet’ in supporting the … [Read more...] about Black Money Bill passed in Lok Sabha
Government to soon bring bill to curb benami transactions
Government to soon bring bill to curb benami transactions New Delhi: A new Benami bill, aimed at curbing generation of domestic black money, will soon be brought before the Cabinet, government told the Lok Sabha today. “As regards the Benami Bill, the redrafted Act is at a very advanced stage… A more modern Benami bill has been drafted. It will reach the … [Read more...] about Government to soon bring bill to curb benami transactions
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