Black money act 2015 pdf free

The black money act,2015, valuation rules and one time. Bringing tax evasion under the net of prevention of money laundering act, 2002. Full text containing the act, black money undisclosed foreign income and assets and. The black money undisclosed foreign income and assets. Rules regulations notifications orders circulars statutory. 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.

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. The black money undisclosed foreign income and assets and imposition of tax rules, 2015 hereinafter referred to as the rules have been notified. For further information or legal advice please feel free to contact us. Black money and imposition of tax act, 2015 is an act of the parliament of india. Arrangement of ufai act black money act has 88 sections and 7. Whether black money act, is retrospectively applicable. Income tax department black money undisclosed foreign income and assets and imposition of tax act, 2015 page content.

Buy the black money undisclosed foreign income and assets. The black money act was passed by the parliament on 11. Black money undisclosed foreign income and assets and imposition of tax act, 2015 pdf. Undisclosed foreign income and assets and imposition of tax act, 2015. The undisclosed foreign income and assets imposition of tax bill, 2015, popularly known as blackmoney bill was passed in lok sabha on. Black enterprise s money coverage including personal finance, investing, real estate, retirement. Download the black money undisclosed foreign income and assets and imposition of tax act 2015 notes pdf is free and available here.

Stepping stone by government to curb black money or undisclosed foreign investments or income authorstream presentation. Making money and other issues related to finance that pertain to people of color. Download the black money undisclosed foreign income and. Genesis and objectives of ufia 2015 stashing away of black money abroad. 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. 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. 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. 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. The black money act seeks to make the indian residents. The black money undisclosed foreign income and assets and imposition of tax act, 2015. Black money undisclosed foreign income and assets and imposition of tax rules, 2015, capital gains accounts scheme, 1988, centralised processing of. Black money undisclosed foreign income and assets wikipedia.

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. Key aspects that everyone should know the black money act. Black money undisclosed foreign income and assets and. Black money undisclosed foreign income and assets and imposition of tax act, 2015 act no. Act, 2015 hereinafter referred to as the act has introduced a tax compliance provision under chapter vi of the act. Arbitration and conciliation act, 1996, banking cash transaction tax, black money undisclosed foreign income and assets and imposition of tax act, 2015. The black money undisclosed foreign income and assets and imposition of. Black money corruption business law topic free download as powerpoint presentation. Register now for your free, tailored, daily legal newsfeed service.