The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015 is notified
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (Shefali Shah) Official Spokesperson, CBDT
Undisclosed
Explanatory notes on provisions relating to tax compliance for undisclosed foreign income
Circular No. 12 of 2015 Government of India Department of Revenue (TPL Division) Dated 2nd of July, 2015 EXPLANATORY NOTES ON PROVISIONS RELATING TO TAX COMPLIANCE FOR UNDISCLOSED FOREIGN INCOME AND ASSETS AS PROVIDED IN CHAPTER VI OF THE BLACK MONEY (UNDISCLOSED FOREIGN INCOME AND ASSETS) AND IMPOSITION OF TAX ACT, 2015 … Read more
The salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015
PRESS RELEASE The Finance Minister, in his budget speech, while acknowledging the limitations under the existing law, had conveyed the considered decision of the Government to enact a comprehensive new law on black money to specifically deal with black money stashed away abroad. He also promised to introduce the new … Read more