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Measures to curb black money in India

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This is in continuation of articles written about union budget 2015. One of the measures taken by the government is amendment of Section 269SS and 269T of Income Tax Act, 1961.   The existing provisions contained in section 269SS of the Income-tax Act provide that  no person shall take from ...

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The tail end of Black Money tale

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How much is it? ‘Rs.14,000 Crores’; that’s all? But many ‘experts’ were estimating the money stashed at Swiss bank at around Rs.1,00,000 Cr. Some of them have estimated it to be Rs.25,00,000 Cr. I saw a document released a year before about Black Money (BM) and there the expert researchers ...

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