New Delhi, Feb 28 (IANS) Finance Minister Arun Jaitley Saturday said the government was committed to tracing black money stashed abroad and a comprehensive new law will be framed to track it.
"On black money, a new structure including e-filing and tracking down is our abiding commitment," Jaitley said in his budget speech.
He said a "comprehensive new law to track black money" would be framed.
He also said there will be rigorous imprisonment of 10 years under black money law.
The finance minister said a benami property transaction bill will be brought to tackle black money transactions in real estate.
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Amazon Deal: After buying this great Samsung phone in-camera, you will forget the iPhone!
Amazon Discount Samsung Galaxy S21: Main Triple Rear Camera with 30X Space Zoom and 36MP Selfie Camera. Samsung Galaxy S21 is a style statement in itself because of its look and camera. The colors of
