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
Film Fraternity Grieves Sreenivasan’s Passing; Rajinikanth, Resul Pookutty, Prithviraj Pay Homage
US Launches Airstrikes On ISIS Targets In Syria In Retaliation For Deadly Attack
Over 1 Lakh Voters Deleted From Stalin's Kolathur Seat In TN Draft Electoral Roll
Seven Elephants Killed as Rajdhani Express Hits Herd in Assam; Coaches Derailed
Top Maoist Commander With Rs 5 Lakh Bounty Gunned Down In Bijapur
Film Fraternity Grieves Sreenivasan’s Passing; Rajinikanth, Resul Pookutty, Prithviraj Pay Homage
US Launches Airstrikes On ISIS Targets In Syria In Retaliation For Deadly Attack
Over 1 Lakh Voters Deleted From Stalin's Kolathur Seat In TN Draft Electoral Roll
Seven Elephants Killed as Rajdhani Express Hits Herd in Assam; Coaches Derailed
Top Maoist Commander With Rs 5 Lakh Bounty Gunned Down In Bijapur
