New law to track black money: Jaitley
New Delhi
28-February-2015
Finance Minister Arun Jaitley Saturday said the government was committed to tracing black money stashed abroad and a comprehensive new law will be framed to track it.
"On black money, a new structure including e-filing and tracking down is our abiding commitment," Jaitley said in his budget speech.
He said a "comprehensive new law to track black money" would be framed.
He also said there will be rigorous imprisonment of 10 years under black money law.
The finance minister said a benami property transaction bill will be brought to tackle black money transactions in real estate. - IANS
- 0
-
-
-
-
More Headlines
Dalit Youth Abducted, Assaulted, and Forced to Drink Urine in Madhya Pradesh’s Bhind
CM Vijayan Faces Protest During Kozhikode Market Inauguration, Slams Oppn
Heavy Rains Raise Vaigai Dam Level; Flood Alert Sounded in Theni District
Ashwini Vaishnaw: Data Is the New Oil, Data Centres Are the New Refineries
Major Tragedy Averted as Fire Erupts in AC Coach of Amritsar–Saharsa Train
Dalit Youth Abducted, Assaulted, and Forced to Drink Urine in Madhya Pradesh’s Bhind
CM Vijayan Faces Protest During Kozhikode Market Inauguration, Slams Oppn
Heavy Rains Raise Vaigai Dam Level; Flood Alert Sounded in Theni District
Ashwini Vaishnaw: Data Is the New Oil, Data Centres Are the New Refineries
Major Tragedy Averted as Fire Erupts in AC Coach of Amritsar–Saharsa Train
