Black money act 2015 pdf free

Whether black money act, is retrospectively applicable. Arbitration and conciliation act, 1996, banking cash transaction tax, black money undisclosed foreign income and assets and imposition of tax act, 2015. For further information or legal advice please feel free to contact us. Bringing tax evasion under the net of prevention of money laundering act, 2002. Black enterprise s money coverage including personal finance, investing, real estate, retirement. Download the black money undisclosed foreign income and. The black money act,2015, valuation rules and one time. Genesis and objectives of ufia 2015 stashing away of black money abroad. The black money undisclosed foreign income and assets. The black money act was passed by the parliament on 11. Key aspects that everyone should know the black money act. The black money undisclosed foreign income and assets and imposition of tax act, 2015.

Black money corruption business law topic free download as powerpoint presentation. Register now for your free, tailored, daily legal newsfeed service. Black money undisclosed foreign income and assets and imposition of tax act, 2015 pdf. Full text containing the act, black money undisclosed foreign income and assets and. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext.

Income tax department black money undisclosed foreign income and assets and imposition of tax act, 2015 page content. The black money undisclosed foreign income and assets and imposition of. Making money and other issues related to finance that pertain to people of color. The black money undisclosed foreign income and assets and imposition of tax rules, 2015 hereinafter referred to as the rules have been notified. Download the black money undisclosed foreign income and assets and imposition of tax act 2015 notes pdf is free and available here. Buy the black money undisclosed foreign income and assets and imposition. Arun jaitley on the discussion on the black money undisclosed foreign income and assets and imposition of tax bill, 2015 followed by. Act, 2015 hereinafter referred to as the act has introduced a tax compliance provision under chapter vi of the act. Black money undisclosed foreign income and assets and imposition of tax act, 2015 act no. Black money undisclosed foreign income and assets and. Stepping stone by government to curb black money or undisclosed foreign investments or income authorstream presentation. The black money u ndisclosed foreign income and assets and imposition of tax act, 2015 is proposed to be applicable from 1 april 2016 i. Measures to curb black money foreign black money black money undisclosed foreign income and assets and imposition of tax act, 2015 bill for a comprehensive new law to deal with black money parked abroad to be introduced in the current session.

Undisclosed foreign income and assets and imposition of tax act, 2015. Arrangement of ufai act black money act has 88 sections and 7. Black money undisclosed foreign income and assets wikipedia. The black money act short for the black money undisclosed foreign income and assets and imposition of tax act, 2015 is another weapon in the revenue authorities arsenal in addition to the extant incometax act and may be viewed as a motivated reaction to pressure from the political dynamics, civil society and.

An act to make provisions to deal with the problem of the black money that is undisclosed foreign income and assets, the procedure for dealing with such income and assets and to provide for imposition of tax on any undisclosed. Rules regulations notifications orders circulars statutory. Buy the black money undisclosed foreign income and assets. The huge accumulation of money in few pockets in the form of black money is making the cyclic circulation of money in the economic system to be erratic some times more cycles per year and some. The undisclosed foreign income and assets imposition of tax bill, 2015, popularly known as blackmoney bill was passed in lok sabha on. Black money and imposition of tax act, 2015 is an act of the parliament of india. Black money undisclosed foreign income and assets and imposition of tax rules, 2015, capital gains accounts scheme, 1988, centralised processing of. The black money act seeks to make the indian residents. The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts.