Undisclosed Foreign Income & Assets(Imposition of Tax)Bill
SUMMARY OF APPROVED UNDISCLOSED FOREIGN INCOME AND ASSETS (IMPOSITION OF TAX) BILL, 2015. The Union Cabinet on 17th March, 2015 approved the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 to deal with cases relating to black money stashed away in other countries. Important Provisions of the Bill: Concealment of income and assets and …