Black Money Bill: All you need to know

Last Updated: Wednesday, May 13, 2015, 09:42

Black Money Bill penalizes the concealment of foreign income, and provides for criminal liability for attempting to evade tax in relation to foreign income.

Black Money Bill likely to cross Rajya Sabha hurdle today

Last Updated: Wednesday, May 13, 2015, 07:12

The Companies Bill and the Black Money Bill will be taken up by the Rajya Sabha on Wednesday, the last day of the Budget Session.

Bill on GST referred to Select Committee

Last Updated: Tuesday, May 12, 2015, 18:20

A Constitution Amendment bill providing for roll out of long-pending GST was on Tuesday referred to a Select Committee after opposition insisted on its legislative scrutiny of the proposed legislation in Rajya Sabha where the government faces the numbers crunch.

Not opposed to black money bill but scrutiny necessary: Cong

Last Updated: Monday, May 11, 2015, 22:04

Congress Monday said the party was not opposed to the black money bill but pitched for referring it to the Standing Committee when it is taken up in Rajya Sabha claiming that it was basically a criminal law bill having TADA like provisions.

LS clears Black Money Bill, limited time to be given to declare undisclosed income

Last Updated: Monday, May 11, 2015, 21:35

Before the new law comes into effect, a limited period window will be provided to people to declare their till now undisclosed income and assets, pay 30 percent tax and a similar amount as penalty and escape prosecution.

Black money bill passed in LS; does not deal with domestic illegal money, says govt

Last Updated: Monday, May 11, 2015, 19:26

In a move that will make the fight against tax evasion and money laundering cases faster and easier, the Lok Sabha on Monday passed the Black money bill.

Arun Jaitley moves Black money Bill in Lok Sabha, seeks Opp support

Last Updated: Monday, May 11, 2015, 17:38

Finance Minister Arun Jaitley Monday moved in Lok Sabha a bill which provides for penalty and tax up to 120 percent along with criminal prosecution for those who have parked black money abroad.

Govt tables Black Money Bill in Lok Sabha, promises tough punishment for tax evaders

Last Updated: Monday, May 11, 2015, 15:25

The finance minister said that it would soon become difficult for people to hide ill-gotten wealth. “The Bill doesn't deal with domestic black money,” Jaitley said.

Black money bill likely in Lok Sabha on Monday

Last Updated: Sunday, May 10, 2015, 20:25

With barely three days to go for the budget session of the Lok Sabha to end, the government is set to move the Undisclosed Foreign Income and Assets Bill, or the black money bill, on Monday.

GST Bill should be sent to Select Committee: Manmohan Singh

Last Updated: Saturday, May 9, 2015, 19:51

The passage of the bill however seems unlikely in this session.

No plans to introduce Rs 15 currency notes: Government

Last Updated: Friday, May 8, 2015, 16:13

Commercial production from the new lines is expected to commence by the end of 2015.

Centre's promise to compensate revenue loss to states vital

Last Updated: Thursday, May 7, 2015, 19:56

GST Empowered Committee Chairman K M Mani on Thursday expressed confidence that states would be able to arrive at a consensus on Revenue Neutral Rate (RNR) that would not bring down their revenues while migrating to the proposed indirect tax regime.