Money has no colour

In para 102 of the Budget Speech, Finance Minister Arun Jaitley announced a new comprehensive law on black money to specifically deal with such money stashed abroad. To this end, he introduced a Bill in Parliament titled Foreign Income and Assets (Imposition of Tax) Bill, 2015 [referred to as Black Money Bill in short).


About gfilesmagazine

gfiles is the country's first independent magazine written, designed and produced for India's civil services—the vast and formidable network of bureaucracies and public sector organisations that provides continuity and stability to this nation's governance.
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